103, Grenland Residence
Sold prices and rental history: sold twice, last in March 2022, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 103, Grenland Residence
What is 103 worth today?
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Source: Dubai Land Department. Updated 3 March 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 844 sqft
- Floor
- 1st of 5
- Parking
- B-14
- Developer
- Arloid Real Estate Development
- Completed
- 2021
- Service charge
- AED 10,500 /yr
- Last sold
- AED 620K · March 2022
- Building
- Grenland Residence
About 103, Grenland Residence
103 is a one-bedroom apartment of 844 sqft on the 1st floor of Grenland Residence, a 5-storey tower in District Eleven completed in 2021 by Arloid Real Estate Development . It last sold on 3 March 2022 for AED 620,000, or AED 734 per sqft, 5% below the AED 771 one-beds in the building were fetching at the time.
One Ejari contract is registered, from 6 December 2021. The current contract, signed on 6 December 2021, is AED 60,000 a year: a gross yield of 9.7% on the 2022 price, before the service charge of about AED 10,500 a year.
Sales and rents for 103 over time
103 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Grenland Residence, and where 103 sits
All 10 1-beds →103 last sold in March 2022 at AED 734 per sqft, 5% below what one-beds in Grenland Residence were fetching at the time (AED 771). 103's AED 60,000 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20242 October 2024 | 844 sqft | 1,000,000 | 1,184 | ||
| 12 Jan 202412 January 2024 | 1,041 sqft | 1,000,000 | 960 | ||
| 22 Sep 202222 September 2022 | 1,041 sqft | 762,000 | 732 | ||
| 21 Sep 202221 September 2022 | 844 sqft | 655,000 | 775 |
Grenland Residence
Building58 apartments, 1-bed to 3-bed over 5 floors in District Eleven, completed in 2021 by Arloid Real Estate Development . 4 sold in the last 12 months.
- Typical price per sqft
- AED 1,243
- Typical sale
- AED 1.78M
- Typical rent
- AED 110K /yr
- Typical yield
- 5.6%
Other units on the 1st floor
All 58 units in Grenland Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 1,739 sqft | AED 1.22MAED 1,220,000 · Mar 2023March 2023 | ||
| 102 | 3-bed | 1,885 sqft | AED 1.37MAED 1,370,000 · Feb 2022February 2022 | 115,000 /yr | |
| 104 | 2-bed | 1,503 sqft | AED 1.04MAED 1,040,000 · Apr 2022April 2022 | 140,000 /yr | |
| 105 | 1-bed | 1,041 sqft | AED 850KAED 850,000 · Sep 2022September 2022 | ||
| 106 | 2-bed | 1,413 sqft | AED 1.48MAED 1,480,000 · Oct 2026October 2026 | 115,000 /yr | |
| 107 | 2-bed | 1,412 sqft | AED 1.17MAED 1,166,400 · Jul 2023July 2023 | ||
| 108 | 2-bed | 1,555 sqft | AED 1.15MAED 1,152,579 · Sep 2021September 2021 | 95,970 /yr | |
| 109 | 2-bed | 1,642 sqft | AED 1.2MAED 1,200,000 · May 2023May 2023 | 129,000 /yr | |
| 110 | 2-bed | 1,668 sqft | AED 1.5MAED 1,500,000 · Aug 2024August 2024 | 110,000 /yr | |
| 111 | 2-bed | 1,530 sqft | AED 1.25MAED 1,250,000 · Aug 2023August 2023 | 88,000 /yr |
103, Grenland Residence in numbers
- Sold twice: first on 19 September 2021 for AED 419,796, last on 3 March 2022 for AED 620,000 (AED 734 per sqft).
- Rented since December 2021 on one Ejari contract, at AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2022 price is 9.7%, before a service charge of about AED 10,500 a year (AED 12.38 per sqft).
Source: Dubai Land Department. Updated 3 March 2022.
Questions about 103, Grenland Residence
What did unit 103 last sell for?
AED 620,000 on 3 March 2022: AED 734 per sqft for 844 sqft. The unit has 2 registered sales; the first was AED 419,796 in September 2021.
What is the rent for unit 103?
AED 60,000 a year on the contract signed on 6 December 2021.
How big is unit 103?
844 sqft (78.4 sqm): a one-bedroom apartment on the 1st floor of a 5-storey tower completed in 2021.
What is unit 103 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 103, Grenland Residence
Starts from the last sale price (AED 620K, 3 March 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 620,000
- Deposit, UAE resident (20%)
- AED 124,000
- Deposit, non-resident (40%)
- AED 248,000
- Monthly over 25 years at 3.7%
- AED 2,537
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →