2-bed · 1,327 sqftThe Grand by Emaar, Dubai Creek Harbour · 55th floor · completed 2022

5504, The Grand by Emaar

Sold prices and rental history: sold 3 times, last in December 2024, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 5504 · DLD and Ejari recordsUpdated 27 December 2024
Last soldAED 3.4M27 December 2024
Current rentAED 160K /yr1 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 5504, The Grand by Emaar

What is 5504 worth today?

Last sold for AED 3,400,000 in 2024

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27 Dec 2024SoldReady
AED 3,400,000AED 2,562 per sqft
5 Nov 2024SoldReady
AED 2,800,000AED 2,110 per sqft
1 Mar 2024RentedRenewal
AED 160,000/yr12 months · AED 121 per sqft
1 Mar 2023RentedNew contract
AED 160,000/yr12 months · AED 121 per sqft
29 Apr 2022Sold by developerOff-plan
AED 2,416,888AED 1,821 per sqft

Source: Dubai Land Department. Updated 27 December 2024.

Key facts

Type
2-bed apartment
Size
1,327 sqft
Floor
55th of 62
Parking
B2-161
Developer
Emaar
Completed
2022
Service charge
AED 24,000 /yr
Last sold
AED 3.4M · December 2024

About 5504, The Grand by Emaar

5504 is a two-bedroom apartment of 1,327 sqft on the 55th floor of The Grand by Emaar, a 62-storey tower in Dubai Creek Harbour completed in 2022 by Emaar. It last sold on 27 December 2024 for AED 3,400,000, or AED 2,562 per sqft, 11% below the AED 2,892 two-beds in the building were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 1 March 2024, is AED 160,000 a year: a gross yield of 4.7% on the 2024 price, before the service charge of about AED 24,000 a year.

Sales and rents for 5504 over time

Sales
Unit 5504, 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, April 2022: AED 2,416,888 (AED 1,821 per sqft)Sold, November 2024: AED 2,800,000 (AED 2,110 per sqft)Sold, December 2024: AED 3,400,000 (AED 2,562 per sqft)

5504 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 5504, each contractTypical two-bed in The Grand by Emaar
160K170K180K202220242026Typical rent by year: 2022 AED 168,000; 2023 AED 170,000; 2024 AED 174,137; 2025 AED 180,000; 2026 AED 180,000New contract, March 2023: AED 160,000 a yearRenewal, March 2024: AED 160,000 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 5504 sits

All 315 2-beds →

5504 last sold in December 2024 at AED 2,562 per sqft, 11% below what two-beds in The Grand by Emaar were fetching at the time (AED 2,892). 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. 5504's AED 160,000 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 55th floor

All 557 units in The Grand by Emaar
Value
55013-bedAED 4.75M · Jul 2023
55023-bedAED 3.9M · Feb 2019
55032-bedAED 3.68M · Feb 2025
55053-bedAED 3.57M · Oct 2019
55062-bedAED 2.39M · Sep 2018
55073-bedAED 4.02M · May 2019

5504, The Grand by Emaar in numbers

  • Sold 3 times: first on 29 April 2022 for AED 2,416,888, last on 27 December 2024 for AED 3,400,000 (AED 2,562 per sqft).
  • Rented since March 2023 on 2 Ejari contracts, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 4.7%, before a service charge of about AED 24,000 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 27 December 2024.

Questions about 5504, The Grand by Emaar

What did unit 5504 last sell for?

AED 3,400,000 on 27 December 2024: AED 2,562 per sqft for 1,327 sqft. The unit has 3 registered sales; the first was AED 2,416,888 in April 2022.

What is the rent for unit 5504?

AED 160,000 a year on the contract renewed on 1 March 2024. The previous contract, from March 2023, was AED 160,000.

How big is unit 5504?

1,327 sqft (123.3 sqm): a two-bedroom apartment on the 55th floor of a 62-storey tower completed in 2022.

What is unit 5504 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 5504, The Grand by Emaar

Starts from the last sale price (AED 3.4M, 27 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

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