2-bed · 1,413 sqftGrenland Residence, District Eleven · 2nd floor · completed 2021

207, Grenland Residence

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 207 · DLD and Ejari recordsUpdated 9 May 2023
Last soldAED 1.15M9 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 207, Grenland Residence

What is 207 worth today?

Last sold for AED 1,150,000 in 2023

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9 May 2023SoldReady
AED 1,150,000AED 814 per sqft
11 Oct 2021Sold by developerReady · flagged as an outlier
AED 726,132AED 514 per sqft

Source: Dubai Land Department. Updated 9 May 2023.

Key facts

Type
2-bed apartment
Size
1,413 sqft
Floor
2nd of 5
Parking
B-3
Developer
Arloid Real Estate Development
Completed
2021
Service charge
AED 17,500 /yr
Last sold
AED 1.15M · May 2023

About 207, Grenland Residence

207 is a two-bedroom apartment of 1,413 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 9 May 2023 for AED 1,150,000, or AED 814 per sqft, in line with the AED 814 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 207 over time

Sales
Unit 207, 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, May 2023: AED 1,150,000 (AED 814 per sqft)

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

Rents
Unit 207, 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 110,000

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 207 sits

All 40 2-beds →

207 last sold in May 2023 at AED 814 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.

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
2012-bedAED 1.3M · Jul 2022
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
2082-bedAED 1.45M · Jan 2024
1–7 of 11

207, Grenland Residence in numbers

  • Sold twice: first on 11 October 2021 for AED 726,132, last on 9 May 2023 for AED 1,150,000 (AED 814 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 9 May 2023.

Questions about 207, Grenland Residence

What did unit 207 last sell for?

AED 1,150,000 on 9 May 2023: AED 814 per sqft for 1,413 sqft. The unit has 2 registered sales; the first was AED 726,132 in October 2021.

How big is unit 207?

1,413 sqft (131.3 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 207 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 207, Grenland Residence

Starts from the last sale price (AED 1.15M, 9 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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