2-bed · 1,224 sqftThe Grand by Emaar, Dubai Creek Harbour · 5th floor · completed 2022

509, The Grand by Emaar

Sold prices and rental history: sold twice, last in October 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 22 October 2024
Last soldAED 3.7M22 October 2024
Current rentAED 180K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, The Grand by Emaar

What is 509 worth today?

Last sold for AED 3,700,000 in 2024

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22 Oct 2024SoldReady
AED 3,700,000AED 3,023 per sqft
15 Sep 2024RentedNew contract
AED 180,000/yr12 months · AED 147 per sqft
6 Feb 2023RentedNew contract
AED 165,000/yr12 months · AED 134 per sqft
4 Mar 2020Sold by developerOff-plan
AED 2,569,888AED 2,100 per sqft

Source: Dubai Land Department. Updated 22 October 2024.

Key facts

Type
2-bed apartment
Size
1,224 sqft
Floor
5th of 62
Parking
L1-11
Developer
Emaar
Completed
2022
Service charge
AED 22,200 /yr
Last sold
AED 3.7M · October 2024

About 509, The Grand by Emaar

509 is a two-bedroom apartment of 1,224 sqft on the 5th floor of The Grand by Emaar, a 62-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 22 October 2024 for AED 3,700,000, or AED 3,023 per sqft, 6% above the AED 2,860 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 15 September 2024, is AED 180,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 22,200 a year.

Sales and rents for 509 over time

Sales
Unit 509, each saleTypical two-bed in The Grand by Emaar
2M3M2018202120242027Typical sale price by year: 2018 AED 2,374,888; 2019 AED 2,506,888; 2020 AED 2,599,388; 2021 AED 2,183,888; 2022 AED 2,847,280; 2023 AED 3,155,000; 2024 AED 3,710,000; 2025 AED 3,255,000; 2026 AED 3,300,000Sold by developer, March 2020: AED 2,569,888 (AED 2,100 per sqft)Sold, October 2024: AED 3,700,000 (AED 3,023 per sqft)

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

Rents
Unit 509, each contractTypical two-bed in The Grand by Emaar
170K180K202220242026Typical rent by year: 2022 AED 168,000; 2023 AED 170,000; 2024 AED 174,137; 2025 AED 180,000; 2026 AED 180,000New contract, February 2023: AED 165,000 a yearNew contract, September 2024: AED 180,000 a year

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

2-beds in The Grand by Emaar, and where 509 sits

All 315 2-beds →

509 last sold in October 2024 at AED 3,023 per sqft, 6% above what two-beds in The Grand by Emaar were fetching at the time (AED 2,860). Over the last 12 months two-beds sold for AED 289,109 to 4,825,000, around AED 2,552 per sqft, and rent for AED 140,000 to 280,000 a year. 509's AED 180,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
26 Oct 20263,750,000
26 Oct 20263,900,000
23 Oct 20263,500,000
14 Oct 20262,600,000
53 2-bed sales in the last 12 months

The Grand by Emaar

Building

557 apartments, 1-bed to 4-bed over 62 floors in Dubai Creek Harbour, completed in 2022 by Emaar. 88 sold in the last 12 months.

Typical price per sqft
AED 2,706 Up 4.8%
Typical sale
AED 3.18M
Typical rent
AED 170K /yr
Typical yield
5.1%
The Grand by Emaar, Dubai Creek Harbour: prices, sales and rents →

Other units on the 5th floor

All 557 units in The Grand by Emaar
Value
5012-bedAED 2.88M · Dec 2021
5022-bedAED 1.31M · Sep 2026
5031-bedAED 1.91M · Mar 2022
5042-bedAED 2.11M · Nov 2021
5051-bedAED 1.31M · Sep 2020
5061-bedAED 1.32M · Jul 2022
5072-bedAED 2.55M · May 2023
1–7 of 9

509, The Grand by Emaar in numbers

  • Sold twice: first on 4 March 2020 for AED 2,569,888, last on 22 October 2024 for AED 3,700,000 (AED 3,023 per sqft).
  • Rented since February 2023 on 2 Ejari contracts, from AED 165,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 22,200 a year (AED 18.11 per sqft).
  • Two-beds in The Grand by Emaar sold for AED 289,109–4,825,000 in the 12 months to November 2026; the building's median across all types is AED 2,706 per sqft.

Source: Dubai Land Department. Updated 22 October 2024.

Questions about 509, The Grand by Emaar

What did unit 509 last sell for?

AED 3,700,000 on 22 October 2024: AED 3,023 per sqft for 1,224 sqft. The unit has 2 registered sales; the first was AED 2,569,888 in March 2020.

What is the rent for unit 509?

AED 180,000 a year on the contract signed on 15 September 2024. The previous contract, from February 2023, was AED 165,000.

How big is unit 509?

1,224 sqft (113.7 sqm): a two-bedroom apartment on the 5th floor of a 62-storey tower completed in 2022.

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 The Grand by Emaar sold for AED 289,109 to 4,825,000 in the last 12 months, around AED 2,552 per sqft.

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Mortgage on 509, The Grand by Emaar

Starts from the last sale price (AED 3.7M, 22 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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