2-bed · 1,553 sqftGrenland Residence, District Eleven · 2nd floor · completed 2021

201, Grenland Residence

Sold prices and rental history: sold twice, last in July 2022, and rented once, from December 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 29 July 2022
Last soldAED 1.3M29 July 2022
Current rentAED 96K /yr6 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Grenland Residence

What is 201 worth today?

Last sold for AED 1,300,000 in 2022

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29 Jul 2022SoldReady
AED 1,300,000AED 837 per sqft
6 Dec 2021RentedNew contract
AED 96,000/yr11 months · AED 62 per sqft
19 Sep 2021Sold by developerReady · flagged as an outlier
AED 775,708AED 499 per sqft

Source: Dubai Land Department. Updated 29 July 2022.

Key facts

Type
2-bed apartment
Size
1,553 sqft
Floor
2nd of 5
Parking
B-6
Developer
Arloid Real Estate Development
Completed
2021
Service charge
AED 19,200 /yr
Last sold
AED 1.3M · July 2022

About 201, Grenland Residence

201 is a two-bedroom apartment of 1,553 sqft on the 2nd floor of Grenland Residence, a 5-storey tower in District Eleven completed in 2021 by Arloid Real Estate Development . It last sold on 29 July 2022 for AED 1,300,000, or AED 837 per sqft, 14% above the AED 737 two-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 96,000 a year: a gross yield of 7.4% on the 2022 price, before the service charge of about AED 19,200 a year.

Sales and rents for 201 over time

Sales
Unit 201, 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, July 2022: AED 1,300,000 (AED 837 per sqft)

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

Rents
Unit 201, 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, December 2021: AED 96,000 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 201 sits

All 40 2-beds →

201 last sold in July 2022 at AED 837 per sqft, 14% above what two-beds in Grenland Residence were fetching at the time (AED 737). 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. 201's AED 96,000 is in the lower half 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 2nd floor

All 58 units in Grenland Residence
Value
2023-bedAED 1.64M · Jul 2022
2033-bedAED 1.43M · Nov 2021
2041-bedAED 1M · Oct 2024
2052-bedAED 1.5M · Sep 2024
2061-bedAED 1M · Jan 2024
2072-bedAED 1.15M · May 2023
2082-bedAED 1.45M · Jan 2024
1–7 of 11

201, Grenland Residence in numbers

  • Sold twice: first on 19 September 2021 for AED 775,708, last on 29 July 2022 for AED 1,300,000 (AED 837 per sqft).
  • Rented since December 2021 on one Ejari contract, at AED 96,000 a year.
  • At AED 96,000 a year the gross yield on the 2022 price is 7.4%, before a service charge of about AED 19,200 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 29 July 2022.

Questions about 201, Grenland Residence

What did unit 201 last sell for?

AED 1,300,000 on 29 July 2022: AED 837 per sqft for 1,553 sqft. The unit has 2 registered sales; the first was AED 775,708 in September 2021.

What is the rent for unit 201?

AED 96,000 a year on the contract signed on 6 December 2021.

How big is unit 201?

1,553 sqft (144.3 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 201 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 201, Grenland Residence

Starts from the last sale price (AED 1.3M, 29 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,300,000
Deposit, UAE resident (20%)
AED 260,000
Deposit, non-resident (40%)
AED 520,000
Monthly over 25 years at 3.7%
AED 5,319

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