1-bed · 406 sqftGrande Signature Residences, Downtown Dubai · 5th floor · completed 2022

502, Grande Signature Residences

Sold prices and rental history: sold once, by the developer in October 2018, and rented once, from September 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 502 · DLD and Ejari recordsUpdated 26 September 2024
Last soldAED 1.56M3 October 2018
Current rentAED 120K /yr26 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 502, Grande Signature Residences

What is 502 worth today?

Last sold for AED 1,563,888 in 2018

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26 Sep 2024RentedNew contract
AED 120,000/yr12 months · AED 146 per sqft
3 Oct 2018Sold by developerOff-plan
AED 1,563,888AED 1,926 per sqft

Source: Dubai Land Department. Updated 26 September 2024.

Key facts

Type
1-bed apartment
Size
406 sqft
Floor
5th of 71
Parking
1
Developer
Emaar
Completed
2022
Last sold
AED 1.56M · October 2018

About 502, Grande Signature Residences

502 is a one-bedroom apartment of 406 sqft on the 5th floor of Grande Signature Residences, a 71-storey tower in Downtown Dubai completed in 2022 by Emaar. The developer sold it on 3 October 2018 for AED 1,563,888, or AED 1,926 per sqft, 3% below the AED 1,989 one-beds in the building were fetching at the time.

One Ejari contract is registered, from 26 September 2024. The current contract, signed on 26 September 2024, is AED 120,000 a year: a gross yield of 7.7% on the 2018 price.

Sales and rents for 502 over time

Sales
Unit 502, each saleTypical one-bed in Grande Signature Residences
1.5M2M2.5M2018202120242027Typical sale price by year: 2018 AED 1,619,388; 2019 AED 1,613,888; 2020 AED 1,566,888; 2021 AED 1,807,888; 2022 AED 1,836,888; 2023 AED 2,050,000; 2024 AED 2,350,000; 2025 AED 2,490,000; 2026 AED 2,350,000Sold by developer, October 2018: AED 1,563,888 (AED 1,926 per sqft)

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

Rents
Unit 502, each contractTypical one-bed in Grande Signature Residences
120K125K130K2024202520262027Typical rent by year: 2024 AED 122,500; 2025 AED 130,000; 2026 AED 120,000New contract, September 2024: AED 120,000 a year

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

1-beds in Grande Signature Residences, and where 502 sits

All 309 1-beds →

502 last sold in October 2018 at AED 1,926 per sqft, 3% below what one-beds in Grande Signature Residences were fetching at the time (AED 1,989). Over the last 12 months one-beds sold for AED 1,920,000 to 2,870,000, around AED 3,000 per sqft, and rent for AED 83,000 to 200,000 a year. 502's AED 120,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
26 Oct 20262,250,000
17 Sep 20262,350,000
7 Sep 20262,500,000
26 Aug 20262,200,000
13 1-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
5011-bedAED 1.78M · Mar 2023
5032-bedAED 2.23M · Mar 2019
5043-bedAED 5.49M · Mar 2019
5052-bedAED 4.9M · Oct 2023
5062-bedAED 6.4M · Feb 2026
5072-bedAED 4.09M · Nov 2022
5093-bedAED 6.1M · Oct 2021
1–7 of 12

502, Grande Signature Residences in numbers

  • Sold once: by Emaar on 3 October 2018 for AED 1,563,888, or AED 1,926 per sqft.
  • Rented since September 2024 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2018 price is 7.7%.
  • One-beds in Grande Signature Residences sold for AED 1,920,000–2,870,000 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 26 September 2024.

Questions about 502, Grande Signature Residences

What did unit 502 last sell for?

AED 1,563,888 on 3 October 2018, sold by the developer: AED 1,926 per sqft for 406 sqft. It is the only registered sale of the unit.

What is the rent for unit 502?

AED 120,000 a year on the contract signed on 26 September 2024.

How big is unit 502?

406 sqft (37.7 sqm): a one-bedroom apartment on the 5th floor of a 71-storey tower completed in 2022.

What is unit 502 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Grande Signature Residences sold for AED 1,920,000 to 2,870,000 in the last 12 months, around AED 3,000 per sqft.

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Mortgage on 502, Grande Signature Residences

Starts from the last sale price (AED 1.56M, 3 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,563,888
Deposit, UAE resident (20%)
AED 312,778
Deposit, non-resident (40%)
AED 625,555
Monthly over 25 years at 3.7%
AED 6,398

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