2-bed · 1,682 sqftGrenland Residence, District Eleven · 2nd floor · completed 2021

212, Grenland Residence

Sold prices and rental history: sold twice, last in January 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 212 · DLD and Ejari recordsUpdated 23 January 2024
Last soldAED 1.4M23 January 2024
Current rentAED 88K /yr15 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 212, Grenland Residence

What is 212 worth today?

Last sold for AED 1,400,000 in 2024

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23 Jan 2024SoldReady
AED 1,400,000AED 832 per sqft
15 Jul 2022RentedNew contract
AED 88,000/yr13 months · AED 52 per sqft
15 Dec 2021RentedNew contract
AED 88,000/yr13 months · AED 52 per sqft
19 Sep 2021Sold by developerReady · flagged as an outlier
AED 838,892AED 498 per sqft

Source: Dubai Land Department. Updated 23 January 2024.

Key facts

Type
2-bed apartment
Size
1,682 sqft
Floor
2nd of 5
Parking
B-5
Developer
Arloid Real Estate Development
Completed
2021
Service charge
AED 20,800 /yr
Last sold
AED 1.4M · January 2024

About 212, Grenland Residence

212 is a two-bedroom apartment of 1,682 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 23 January 2024 for AED 1,400,000, or AED 832 per sqft, in line with the AED 814 two-beds in the building were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 15 July 2022, is AED 88,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 20,800 a year.

Sales and rents for 212 over time

Sales
Unit 212, 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, January 2024: AED 1,400,000 (AED 832 per sqft)

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

Rents
Unit 212, 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 88,000 a yearNew contract, July 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 212 sits

All 40 2-beds →

212 last sold in January 2024 at AED 832 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. 212'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 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
2072-bedAED 1.15M · May 2023
1–7 of 11

212, Grenland Residence in numbers

  • Sold twice: first on 19 September 2021 for AED 838,892, last on 23 January 2024 for AED 1,400,000 (AED 832 per sqft).
  • Rented since December 2021 on 2 Ejari contracts, at AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 20,800 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 23 January 2024.

Questions about 212, Grenland Residence

What did unit 212 last sell for?

AED 1,400,000 on 23 January 2024: AED 832 per sqft for 1,682 sqft. The unit has 2 registered sales; the first was AED 838,892 in September 2021.

What is the rent for unit 212?

AED 88,000 a year on the contract signed on 15 July 2022. The previous contract, from December 2021, was AED 88,000.

How big is unit 212?

1,682 sqft (156.3 sqm): a two-bedroom apartment on the 2nd floor of a 5-storey tower completed in 2021.

What is unit 212 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 212, Grenland Residence

Starts from the last sale price (AED 1.4M, 23 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

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