3-bed · 2,250 sqftGrenland Residence, District Eleven · 2nd floor · completed 2021

202, Grenland Residence

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

Unit 202 · DLD and Ejari recordsUpdated 6 July 2022
Last soldAED 1.64M6 July 2022
Current rentAED 100K /yr4 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 202, Grenland Residence

What is 202 worth today?

Last sold for AED 1,640,000 in 2022

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6 Jul 2022SoldReady
AED 1,640,000AED 728 per sqft
4 Nov 2021RentedNew contract
AED 100,000/yr13 months · AED 44 per sqft
29 Sep 2021Sold by developerReady · flagged as an outlier
AED 1,124,031AED 499 per sqft

Source: Dubai Land Department. Updated 6 July 2022.

Key facts

Type
3-bed apartment
Size
2,250 sqft
Floor
2nd of 5
Parking
B-56, B-57
Developer
Arloid Real Estate Development
Completed
2021
Service charge
AED 27,900 /yr
Last sold
AED 1.64M · July 2022

About 202, Grenland Residence

202 is a three-bedroom apartment of 2,250 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 6 July 2022 for AED 1,640,000, or AED 728 per sqft, in line with the AED 728 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 4 November 2021. The current contract, signed on 4 November 2021, is AED 100,000 a year: a gross yield of 6.1% on the 2022 price, before the service charge of about AED 27,900 a year.

Sales and rents for 202 over time

Rents
Unit 202, each contractTypical three-bed in Grenland Residence
100K110K120K2021202320252027Typical rent by year: 2021 AED 105,000; 2022 AED 107,576; 2025 AED 115,000; 2026 AED 120,000New contract, November 2021: AED 100,000 a year

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

3-beds in Grenland Residence, and where 202 sits

All 8 3-beds →

202 last sold in July 2022 at AED 728 per sqft, in line with what three-beds in Grenland Residence were fetching at the time (AED 728). 202's AED 100,000 is at the bottom of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
11 Oct 20242,000,000
18 Oct 20221,670,000
22 Apr 20221,597,400
10 Mar 20221,744,615
0 3-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
2012-bedAED 1.3M · 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

202, Grenland Residence in numbers

  • Sold twice: first on 29 September 2021 for AED 1,124,031, last on 6 July 2022 for AED 1,640,000 (AED 728 per sqft).
  • Rented since November 2021 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2022 price is 6.1%, before a service charge of about AED 27,900 a year (AED 12.38 per sqft).

Source: Dubai Land Department. Updated 6 July 2022.

Questions about 202, Grenland Residence

What did unit 202 last sell for?

AED 1,640,000 on 6 July 2022: AED 728 per sqft for 2,250 sqft. The unit has 2 registered sales; the first was AED 1,124,031 in September 2021.

What is the rent for unit 202?

AED 100,000 a year on the contract signed on 4 November 2021.

How big is unit 202?

2,250 sqft (209.0 sqm): a three-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 202 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 202, Grenland Residence

Starts from the last sale price (AED 1.64M, 6 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,640,000
Deposit, UAE resident (20%)
AED 328,000
Deposit, non-resident (40%)
AED 656,000
Monthly over 25 years at 3.7%
AED 6,710

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