509, Grenland Residence
Sold prices and rental history: sold twice, last in March 2023, and rented since 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 509, Grenland Residence
What is 509 worth today?
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Source: Dubai Land Department. Updated 11 August 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,642 sqft
- Floor
- 5th of 5
- Parking
- B-33
- Developer
- Arloid Real Estate Development
- Completed
- 2021
- Service charge
- AED 20,300 /yr
- Last sold
- AED 1.4M · March 2023
- Building
- Grenland Residence
About 509, Grenland Residence
509 is a two-bedroom apartment of 1,642 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 24 March 2023 for AED 1,395,000, or AED 849 per sqft, 6% above the AED 799 two-beds in the building were fetching at the time.
It has been rented since 2025 on 2 Ejari contracts. The current contract, signed on 11 August 2025, is AED 130,000 a year: a gross yield of 9.3% on the 2023 price, before the service charge of about AED 20,300 a year.
Sales and rents for 509 over time
509 has sold twice; 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 509 sits
All 40 2-beds →509 last sold in March 2023 at AED 849 per sqft, 6% above what two-beds in Grenland Residence were fetching at the time (AED 799). 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. 509's AED 130,000 is at the top 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 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 | |
| 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 | ||
| 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 |
509, Grenland Residence in numbers
- Sold twice: first on 17 February 2022 for AED 239,358, last on 24 March 2023 for AED 1,395,000 (AED 849 per sqft).
- Rented since August 2025 on 2 Ejari contracts, at AED 130,000 a year.
- At AED 130,000 a year the gross yield on the 2023 price is 9.3%, before a service charge of about AED 20,300 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 11 August 2025.
Questions about 509, Grenland Residence
What did unit 509 last sell for?
AED 1,395,000 on 24 March 2023: AED 849 per sqft for 1,642 sqft. The unit has 2 registered sales; the first was AED 239,358 in February 2022.
What is the rent for unit 509?
AED 130,000 a year on the contract signed on 11 August 2025. The previous contract, from August 2025, was AED 130,000.
How big is unit 509?
1,642 sqft (152.5 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 509 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 509, Grenland Residence
Starts from the last sale price (AED 1.4M, 24 March 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 1,395,000
- Deposit, UAE resident (20%)
- AED 279,000
- Deposit, non-resident (40%)
- AED 558,000
- Monthly over 25 years at 3.7%
- AED 5,707
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →