2-bed · 1,503 sqftGrenland Residence, District Eleven · 4th floor · completed 2021

405, Grenland Residence

Sold prices and rental history: sold twice, last in August 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 405 · DLD and Ejari recordsUpdated 12 August 2022
Last soldAED 1.25M12 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 405, Grenland Residence

What is 405 worth today?

Last sold for AED 1,250,000 in 2022

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12 Aug 2022SoldReady
AED 1,250,000AED 831 per sqft
11 Oct 2021Sold by developerReady · flagged as an outlier
AED 771,311AED 513 per sqft

Source: Dubai Land Department. Updated 12 August 2022.

Key facts

Type
2-bed apartment
Size
1,503 sqft
Floor
4th of 5
Parking
B-63
Developer
Arloid Real Estate Development
Completed
2021
Service charge
AED 18,600 /yr
Last sold
AED 1.25M · August 2022

About 405, Grenland Residence

405 is a two-bedroom apartment of 1,503 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 12 August 2022 for AED 1,250,000, or AED 831 per sqft, 12% above the AED 741 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 405 over time

Sales
Unit 405, 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, August 2022: AED 1,250,000 (AED 831 per sqft)

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

Rents
Unit 405, 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 405 sits

All 40 2-beds →

405 last sold in August 2022 at AED 831 per sqft, 12% above what two-beds in Grenland Residence were fetching at the time (AED 741). 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 4th floor

All 58 units in Grenland Residence
Value
4012-bedAED 1.25M · Jun 2023
4023-bedAED 2M · Oct 2024
4033-bedAED 1.74M · Mar 2022
4041-bedAED 432K · Nov 2020
4061-bedAED 762K · Sep 2022
4072-bedAED 1.13M · Aug 2022
4082-bedAED 1.15M · Mar 2023
1–7 of 11

405, Grenland Residence in numbers

  • Sold twice: first on 11 October 2021 for AED 771,311, last on 12 August 2022 for AED 1,250,000 (AED 831 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 12 August 2022.

Questions about 405, Grenland Residence

What did unit 405 last sell for?

AED 1,250,000 on 12 August 2022: AED 831 per sqft for 1,503 sqft. The unit has 2 registered sales; the first was AED 771,311 in October 2021.

How big is unit 405?

1,503 sqft (139.6 sqm): a two-bedroom apartment on the 4th floor of a 5-storey tower completed in 2021.

What is unit 405 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 405, Grenland Residence

Starts from the last sale price (AED 1.25M, 12 August 2022). 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 →