502, Grenland Residence
Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 502, Grenland Residence
What is 502 worth today?
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Source: Dubai Land Department. Updated 20 February 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,283 sqft
- Floor
- 5th of 5
- Parking
- B-54, B-55
- Developer
- Arloid Real Estate Development
- Completed
- 2021
- Service charge
- AED 28,300 /yr
- Last sold
- AED 1.67M · October 2022
- Building
- Grenland Residence
About 502, Grenland Residence
502 is a three-bedroom apartment of 2,283 sqft on the 5th floor of Grenland Residence, a 5-storey tower in District Eleven completed in 2021 by Arloid Real Estate Development . It last sold on 18 October 2022 for AED 1,670,000, or AED 731 per sqft, in line with the AED 728 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, signed on 20 February 2026, is AED 220,000 a year: a gross yield of 13.2% on the 2022 price, before the service charge of about AED 28,300 a year.
Sales and rents for 502 over time
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 502 sits
All 8 3-beds →502 last sold in October 2022 at AED 731 per sqft, in line with what three-beds in Grenland Residence were fetching at the time (AED 728). 502's AED 220,000 is at the top of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Oct 202411 October 2024 | 2,250 sqft | 2,000,000 | 889 | ||
| 6 Jul 20226 July 2022 | 2,250 sqft | 1,640,000 | 728 | ||
| 22 Apr 202222 April 2022 | 2,250 sqft | 1,597,400 | 710 | ||
| 10 Mar 202210 March 2022 | 1,763 sqft | 1,744,615 | 989 |
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 5th floor
All 58 units in Grenland Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 2,452 sqft | AED 1.18MAED 1,183,071 · Oct 2021October 2021 | 115,000 /yr | |
| 503 | 1-bed | 844 sqft | AED 692KAED 692,000 · Jul 2022July 2022 | ||
| 504 | 2-bed | 1,503 sqft | AED 1.18MAED 1,180,000 · Apr 2022April 2022 | 115,000 /yr | |
| 505 | 1-bed | 1,041 sqft | AED 1.15MAED 1,149,830 · Mar 2018March 2018 | 78,000 /yr | |
| 506 | 2-bed | 1,413 sqft | AED 1.8MAED 1,800,000 · Apr 2026April 2026 | ||
| 507 | 2-bed | 1,412 sqft | AED 1.15MAED 1,150,000 · Sep 2022September 2022 | ||
| 508 | 2-bed | 1,555 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | ||
| 509 | 2-bed | 1,642 sqft | AED 1.4MAED 1,395,000 · Mar 2023March 2023 | 130,000 /yr | |
| 510 | 2-bed | 1,666 sqft | AED 1.24MAED 1,235,073 · Sep 2021September 2021 | 95,000 /yr | |
| 511 | 2-bed | 2,152 sqft | AED 1.05MAED 1,054,441 · Oct 2021October 2021 | 109,725 /yr |
502, Grenland Residence in numbers
- Sold twice: first on 5 October 2021 for AED 1,131,350, last on 18 October 2022 for AED 1,670,000 (AED 731 per sqft).
- Rented since October 2021 on 4 Ejari contracts, from AED 110,000 to AED 220,000 a year.
- At AED 220,000 a year the gross yield on the 2022 price is 13.2%, before a service charge of about AED 28,300 a year (AED 12.38 per sqft).
Source: Dubai Land Department. Updated 20 February 2026.
Questions about 502, Grenland Residence
What did unit 502 last sell for?
AED 1,670,000 on 18 October 2022: AED 731 per sqft for 2,283 sqft. The unit has 2 registered sales; the first was AED 1,131,350 in October 2021.
What is the rent for unit 502?
AED 220,000 a year on the contract signed on 20 February 2026. The previous contract, from January 2026, was AED 120,000; the unit has been rented since October 2021.
How big is unit 502?
2,283 sqft (212.1 sqm): a three-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 502 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 502, Grenland Residence
Starts from the last sale price (AED 1.67M, 18 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,670,000
- Deposit, UAE resident (20%)
- AED 334,000
- Deposit, non-resident (40%)
- AED 668,000
- Monthly over 25 years at 3.7%
- AED 6,832
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →