505, Grenland Residence
Sold prices and rental history: sold once, by the developer in March 2018, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Grenland Residence
What is 505 worth today?
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Source: Dubai Land Department. Updated 12 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,041 sqft
- Floor
- 5th of 5
- Parking
- B-23
- Developer
- Arloid Real Estate Development
- Completed
- 2021
- Service charge
- AED 12,900 /yr
- Last sold
- AED 1.15M · March 2018
- Building
- Grenland Residence
About 505, Grenland Residence
505 is a one-bedroom apartment of 1,041 sqft on the 5th floor of Grenland Residence, a 5-storey tower in District Eleven completed in 2021 by Arloid Real Estate Development . The developer sold it on 7 March 2018 for AED 1,149,830, or AED 1,104 per sqft.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 12 February 2025, is AED 78,000 a year: a gross yield of 6.8% on the 2018 price, before the service charge of about AED 12,900 a year.
Sales and rents for 505 over time
505 has sold once; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Grenland Residence, and where 505 sits
All 10 1-beds →505's AED 78,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Oct 20242 October 2024 | 844 sqft | 1,000,000 | 1,184 | ||
| 12 Jan 202412 January 2024 | 1,041 sqft | 1,000,000 | 960 | ||
| 22 Sep 202222 September 2022 | 1,041 sqft | 762,000 | 732 | ||
| 21 Sep 202221 September 2022 | 844 sqft | 655,000 | 775 |
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 | |
| 502 | 3-bed | 2,283 sqft | AED 1.67MAED 1,670,000 · Oct 2022October 2022 | 220,000 /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 | |
| 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 |
505, Grenland Residence in numbers
- Sold once: by Arloid Real Estate Development on 7 March 2018 for AED 1,149,830, or AED 1,104 per sqft.
- Rented since September 2021 on 3 Ejari contracts, from AED 30,000 to AED 78,000 a year.
- At AED 78,000 a year the gross yield on the 2018 price is 6.8%, before a service charge of about AED 12,900 a year (AED 12.38 per sqft).
Source: Dubai Land Department. Updated 12 February 2025.
Questions about 505, Grenland Residence
What did unit 505 last sell for?
AED 1,149,830 on 7 March 2018, sold by the developer: AED 1,104 per sqft for 1,041 sqft. It is the only registered sale of the unit.
What is the rent for unit 505?
AED 78,000 a year on the contract signed on 12 February 2025. The previous contract, from February 2025, was AED 78,000; the unit has been rented since September 2021.
How big is unit 505?
1,041 sqft (96.7 sqm): a one-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 505 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 505, Grenland Residence
Starts from the last sale price (AED 1.15M, 7 March 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,149,830
- Deposit, UAE resident (20%)
- AED 229,966
- Deposit, non-resident (40%)
- AED 459,932
- Monthly over 25 years at 3.7%
- AED 4,704
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →