401, Grenland Residence
Sold prices and rental history: sold twice, last in June 2023, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 401, Grenland Residence
What is 401 worth today?
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Source: Dubai Land Department. Updated 26 June 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 1,553 sqft
- Floor
- 4th of 5
- Parking
- B-62
- Developer
- Arloid Real Estate Development
- Completed
- 2021
- Service charge
- AED 19,200 /yr
- Last sold
- AED 1.25M · June 2023
- Building
- Grenland Residence
About 401, Grenland Residence
401 is a two-bedroom apartment of 1,553 sqft on the 4th floor of Grenland Residence, a 5-storey tower in District Eleven completed in 2021 by Arloid Real Estate Development . It last sold on 26 June 2023 for AED 1,250,000, or AED 804 per sqft, in line with the AED 814 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 26 February 2022. The current contract, signed on 26 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 19,200 a year.
Sales and rents for 401 over time
401 has sold once; the dashed line is the two-bed median of each year in the building.
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 401 sits
All 40 2-beds →401 last sold in June 2023 at AED 804 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. 401's AED 88,000 is at the bottom of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Oct 20269 October 2026 | 1,413 sqft | 1,480,000 | 1,047 | ||
| 29 Apr 202629 April 2026 | 1,413 sqft | 1,800,000 | 1,274 | ||
| 13 Feb 202613 February 2026 | 1,413 sqft | 1,750,000 | 1,238 | ||
| 12 Feb 202612 February 2026 | 1,503 sqft | 1,875,000 | 1,247 |
Grenland Residence
Building58 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%
Other units on the 4th floor
All 58 units in Grenland Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 402 | 3-bed | 2,250 sqft | AED 2MAED 2,000,000 · Oct 2024October 2024 | 60,000 /yr | |
| 403 | 3-bed | 1,763 sqft | AED 1.74MAED 1,744,615 · Mar 2022March 2022 | ||
| 404 | 1-bed | 844 sqft | AED 432KAED 432,386 · Nov 2020November 2020 | ||
| 405 | 2-bed | 1,503 sqft | AED 1.25MAED 1,250,000 · Aug 2022August 2022 | ||
| 406 | 1-bed | 1,041 sqft | AED 762KAED 762,000 · Sep 2022September 2022 | ||
| 407 | 2-bed | 1,413 sqft | AED 1.13MAED 1,130,000 · Aug 2022August 2022 | 105,000 /yr | |
| 408 | 2-bed | 1,412 sqft | AED 1.15MAED 1,150,000 · Mar 2023March 2023 | 130,000 /yr | |
| 409 | 2-bed | 1,555 sqft | AED 1.32MAED 1,320,000 · Jul 2023July 2023 | 50,000 /yr | |
| 410 | 2-bed | 1,642 sqft | AED 2.05MAED 2,050,000 · May 2025May 2025 | 110,000 /yr | |
| 411 | 2-bed | 1,668 sqft | AED 1.24MAED 1,236,110 · Sep 2021September 2021 | 89,000 /yr | |
| 412 | 2-bed | 1,682 sqft | AED 1.25MAED 1,246,324 · Sep 2021September 2021 | 120,000 /yr |
401, Grenland Residence in numbers
- Sold twice: first on 20 September 2021 for AED 775,708, last on 26 June 2023 for AED 1,250,000 (AED 804 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 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 26 June 2023.
Questions about 401, Grenland Residence
What did unit 401 last sell for?
AED 1,250,000 on 26 June 2023: AED 804 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 401?
AED 88,000 a year on the contract signed on 26 February 2022.
How big is unit 401?
1,553 sqft (144.3 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.
What is unit 401 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 401, Grenland Residence
Starts from the last sale price (AED 1.25M, 26 June 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 →