2-bed · 1,201 sqftGrande Signature Residences, Downtown Dubai · 15th floor · completed 2022

1508, Grande Signature Residences

Sold prices and rental history: sold twice, last in July 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 13 July 2023
Last soldAED 5.2M13 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Grande Signature Residences

What is 1508 worth today?

Last sold for AED 5,200,000 in 2023

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13 Jul 2023SoldOff-plan
AED 5,200,000AED 4,328 per sqft
19 May 2019Sold by developerOff-plan
AED 3,673,813AED 3,057 per sqft

Source: Dubai Land Department. Updated 13 July 2023.

Key facts

Type
2-bed apartment
Size
1,201 sqft
Floor
15th of 71
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 5.2M · July 2023

About 1508, Grande Signature Residences

1508 is a two-bedroom apartment of 1,201 sqft on the 15th floor of Grande Signature Residences, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. It last sold on 13 July 2023 for AED 5,200,000, or AED 4,328 per sqft, 20% above the AED 3,599 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1508 over time

Sales
Unit 1508, each saleTypical two-bed in Grande Signature Residences
4M5M2018202120242027Typical sale price by year: 2018 AED 3,695,388; 2019 AED 3,590,388; 2020 AED 3,792,925; 2021 AED 4,030,770; 2022 AED 3,885,944; 2023 AED 4,500,000; 2024 AED 4,710,000; 2025 AED 3,975,000; 2026 AED 4,100,000Sold by developer, May 2019: AED 3,673,813 (AED 3,057 per sqft)Sold, July 2023: AED 5,200,000 (AED 4,328 per sqft)

1508 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1508, each contractTypical two-bed in Grande Signature Residences
250K2024202520262027Typical rent by year: 2024 AED 280,000; 2025 AED 255,000; 2026 AED 215,000

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Grande Signature Residences, and where 1508 sits

All 449 2-beds →

1508 last sold in July 2023 at AED 4,328 per sqft, 20% above what two-beds in Grande Signature Residences were fetching at the time (AED 3,599). Over the last 12 months two-beds sold for AED 700,000 to 6,650,000, around AED 3,960 per sqft, and rent for AED 103,604 to 350,000 a year.

Recent 2-bed salesUnit no.Price (AED)Summary
8 Oct 20264,100,000
15 Sep 20265,450,000
24 Aug 20265,500,000
27 Jul 20266,100,000
24 2-bed sales in the last 12 months

Grande Signature Residences

Building

894 apartments, 1-bed to 4-bed over 71 floors in Downtown Dubai, completed in 2022 by Emaar. 49 sold in the last 12 months.

Typical price per sqft
AED 3,393 Up 5.5%
Typical sale
AED 4.3M
Typical rent
AED 170K /yr
Typical yield
4.9%
Grande Signature Residences, Downtown Dubai: prices, sales and rents →
Value
15011-bedAED 2.08M · Feb 2024
15021-bedAED 1.59M · Oct 2018
15032-bedAED 3.15M · Aug 2023
15043-bedAED 5.6M · Jul 2019
15052-bedAED 4.5M · Nov 2022
15062-bedAED 6.17M · Feb 2026
15072-bedAED 3.65M · Mar 2019
1–7 of 13

1508, Grande Signature Residences in numbers

  • Sold twice: first on 19 May 2019 for AED 3,673,813, last on 13 July 2023 for AED 5,200,000 (AED 4,328 per sqft).
  • Two-beds in Grande Signature Residences sold for AED 700,000–6,650,000 in the 12 months to November 2026; the building's median across all types is AED 3,393 per sqft.

Source: Dubai Land Department. Updated 13 July 2023.

Questions about 1508, Grande Signature Residences

What did unit 1508 last sell for?

AED 5,200,000 on 13 July 2023: AED 4,328 per sqft for 1,201 sqft. The unit has 2 registered sales; the first was AED 3,673,813 in May 2019.

How big is unit 1508?

1,201 sqft (111.6 sqm): a two-bedroom apartment on the 15th floor of a 71-storey tower completed in 2022.

What is unit 1508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Grande Signature Residences sold for AED 700,000 to 6,650,000 in the last 12 months, around AED 3,960 per sqft.

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Mortgage on 1508, Grande Signature Residences

Starts from the last sale price (AED 5.2M, 13 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 5,200,000
Deposit, UAE resident (20%)
AED 1,040,000
Deposit, non-resident (40%)
AED 2,080,000
Monthly over 25 years at 3.7%
AED 21,275

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →