2-bed · 1,530 sqftGrenland Residence, District Eleven · 1st floor · completed 2021

111, Grenland Residence

Sold prices and rental history: sold twice, last in August 2023, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 111 · DLD and Ejari recordsUpdated 31 August 2023
Last soldAED 1.25M31 August 2023
Current rentAED 88K /yr19 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 111, Grenland Residence

What is 111 worth today?

Last sold for AED 1,250,000 in 2023

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31 Aug 2023SoldReady
AED 1,250,000AED 816 per sqft
19 Feb 2022RentedNew contract
AED 88,000/yr13 months · AED 58 per sqft
19 Sep 2021Sold by developerReady · flagged as an outlier
AED 761,930AED 497 per sqft

Source: Dubai Land Department. Updated 31 August 2023.

Key facts

Type
2-bed apartment
Size
1,530 sqft
Floor
1st of 5
Parking
B-10
Developer
Arloid Real Estate Development
Completed
2021
Service charge
AED 18,900 /yr
Last sold
AED 1.25M · August 2023

About 111, Grenland Residence

111 is a two-bedroom apartment of 1,530 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 31 August 2023 for AED 1,250,000, or AED 816 per sqft, in line with the AED 814 two-beds in the building were fetching at the time.

One Ejari contract is registered, from 19 February 2022. The current contract, signed on 19 February 2022, is AED 88,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 18,900 a year.

Sales and rents for 111 over time

Sales
Unit 111, each saleTypical two-bed in Grenland Residence
1M1.5M2021202320252027Typical sale price by year: 2021 AED 1,236,110; 2022 AED 1,040,000; 2023 AED 1,210,000; 2024 AED 1,500,000; 2026 AED 1,775,000Sold, August 2023: AED 1,250,000 (AED 816 per sqft)

111 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 111, each contractTypical two-bed in Grenland Residence
100K120K2021202320252027Typical rent by year: 2021 AED 91,500; 2022 AED 87,000; 2023 AED 104,500; 2024 AED 107,363; 2025 AED 117,500; 2026 AED 110,000New contract, February 2022: AED 88,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Grenland Residence, and where 111 sits

All 40 2-beds →

111 last sold in August 2023 at AED 816 per sqft, in line with what two-beds in Grenland Residence were fetching at the time (AED 814). Over the last 12 months two-beds sold for AED 1,480,000 to 1,875,000, around AED 1,243 per sqft, and rent for AED 89,000 to 130,000 a year. 111's AED 88,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Oct 20261,480,000
29 Apr 20261,800,000
13 Feb 20261,750,000
12 Feb 20261,875,000
4 2-bed sales in the last 12 months

Grenland Residence

Building

58 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%
Grenland Residence, District Eleven: prices, sales and rents →

Other units on the 1st floor

All 58 units in Grenland Residence
Value
1012-bedAED 1.22M · Mar 2023
1023-bedAED 1.37M · Feb 2022
1031-bedAED 620K · Mar 2022
1042-bedAED 1.04M · Apr 2022
1051-bedAED 850K · Sep 2022
1062-bedAED 1.48M · Oct 2026
1072-bedAED 1.17M · Jul 2023
1–7 of 10

111, Grenland Residence in numbers

  • Sold twice: first on 19 September 2021 for AED 761,930, last on 31 August 2023 for AED 1,250,000 (AED 816 per sqft).
  • Rented since February 2022 on one Ejari contract, at AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 7.0%, before a service charge of about AED 18,900 a year (AED 12.38 per sqft).
  • Two-beds in Grenland Residence sold for AED 1,480,000–1,875,000 in the 12 months to November 2026; the building's median across all types is AED 1,243 per sqft.

Source: Dubai Land Department. Updated 31 August 2023.

Questions about 111, Grenland Residence

What did unit 111 last sell for?

AED 1,250,000 on 31 August 2023: AED 816 per sqft for 1,530 sqft. The unit has 2 registered sales; the first was AED 761,930 in September 2021.

What is the rent for unit 111?

AED 88,000 a year on the contract signed on 19 February 2022.

How big is unit 111?

1,530 sqft (142.1 sqm): a two-bedroom apartment on the 1st floor of a 5-storey tower completed in 2021.

What is unit 111 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Grenland Residence sold for AED 1,480,000 to 1,875,000 in the last 12 months, around AED 1,243 per sqft.

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Mortgage on 111, Grenland Residence

Starts from the last sale price (AED 1.25M, 31 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,250,000
Deposit, UAE resident (20%)
AED 250,000
Deposit, non-resident (40%)
AED 500,000
Monthly over 25 years at 3.7%
AED 5,114

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