Studio · 523 sqftGrand Midwest Reve (Grand Central Hotel), Barsha Heights · 7th floor · completed 2012

708, Grand Midwest Reve (Grand Central Hotel)

Sold prices and rental history: sold once, by the developer in October 2015, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 708 · DLD and Ejari recordsUpdated 18 October 2015
Last soldAED 1.05M18 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 708, Grand Midwest Reve (Grand Central Hotel)

What is 708 worth today?

Last sold for AED 1,050,000 in 2015

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18 Oct 2015Sold by developerReady
AED 1,050,000AED 2,006 per sqft

Source: Dubai Land Department. Updated 18 October 2015.

Key facts

Type
Studio apartment
Size
523 sqft
Floor
7th of 18
Parking
LB23
Developer
TFG Real Estate
Completed
2012
Last sold
AED 1.05M · October 2015

About 708, Grand Midwest Reve (Grand Central Hotel)

708 is a studio of 523 sqft on the 7th floor of Grand Midwest Reve (Grand Central Hotel), a 18-storey tower in Barsha Heights completed in 2012 by TFG Real Estate. The developer sold it on 18 October 2015 for AED 1,050,000, or AED 2,006 per sqft, 32% below the AED 2,964 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 708 over time

Sales
Unit 708, each saleTypical studio in Grand Midwest Reve (Grand Central Hotel)
750K1M1.25M20152018202120242027Typical sale price by year: 2015 AED 1,145,313; 2016 AED 1,103,085; 2017 AED 1,072,013; 2018 AED 1,183,900; 2019 AED 755,000; 2020 AED 790,000; 2021 AED 1,209,450; 2022 AED 807,682; 2023 AED 677,481; 2024 AED 900,000; 2025 AED 842,363; 2026 AED 950,000Sold by developer, October 2015: AED 1,050,000 (AED 2,006 per sqft)

708 has sold once; the dashed line is the studio median of each year in the building.

Studios in Grand Midwest Reve (Grand Central Hotel), and where 708 sits

All 112 studios →

708 last sold in October 2015 at AED 2,006 per sqft, 32% below what studios in Grand Midwest Reve (Grand Central Hotel) were fetching at the time (AED 2,964). Over the last 12 months studios sold for AED 830,000 to 1,000,000, around AED 2,047 per sqft.

Recent studio salesUnit no.Price (AED)Summary
10 Aug 2026955,908
30 Jul 2026959,545
14 Jul 2026895,454
26 Jun 2026830,000
9 studio sales in the last 12 months

Grand Midwest Reve (Grand Central Hotel)

Building

184 apartments, studios to 1-bed over 18 floors in Barsha Heights, completed in 2012 by TFG Real Estate. 10 sold in the last 12 months.

Typical price per sqft
AED 1,999 Up 16.5%
Typical sale
AED 944K
Typical rent
Few contracts
Typical yield
Grand Midwest Reve (Grand Central Hotel), Barsha Heights: prices, sales and rents →
Value
7011-bedAED 1.47M · Nov 2017
7021-bedAED 1.32M · Jun 2015
703StudioAED 1.55M · Dec 2017
704StudioAED 850K · Jul 2015
705StudioAED 1.1M · Jul 2015
706StudioAED 900K · Mar 2024
707StudioAED 1.14M · Oct 2023
1–7 of 10

708, Grand Midwest Reve (Grand Central Hotel) in numbers

  • Sold once: by TFG Real Estate on 18 October 2015 for AED 1,050,000, or AED 2,006 per sqft.
  • Studios in Grand Midwest Reve (Grand Central Hotel) sold for AED 830,000–1,000,000 in the 12 months to November 2026; the building's median across all types is AED 1,999 per sqft.

Source: Dubai Land Department. Updated 18 October 2015.

Questions about 708, Grand Midwest Reve (Grand Central Hotel)

What did unit 708 last sell for?

AED 1,050,000 on 18 October 2015, sold by the developer: AED 2,006 per sqft for 523 sqft. It is the only registered sale of the unit.

How big is unit 708?

523 sqft (48.6 sqm): a studio on the 7th floor of a 18-storey tower completed in 2012.

What is unit 708 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Grand Midwest Reve (Grand Central Hotel) sold for AED 830,000 to 1,000,000 in the last 12 months, around AED 2,047 per sqft.

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Mortgage on 708, Grand Midwest Reve (Grand Central Hotel)

Starts from the last sale price (AED 1.05M, 18 October 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,050,000
Deposit, UAE resident (20%)
AED 210,000
Deposit, non-resident (40%)
AED 420,000
Monthly over 25 years at 3.7%
AED 4,296

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →