Studio · 414 sqftThe Grove by IMAN, Dubai Hills Estate · 3rd floor · completed 2024

312, The Grove by IMAN

Sold prices and rental history: sold twice, last in June 2024, and rented once, from August 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 312 · DLD and Ejari recordsUpdated 23 August 2025
Last soldAED 970K4 June 2024
Current rentAED 85K /yr23 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 312, The Grove by IMAN

What is 312 worth today?

Last sold for AED 970,000 in 2024

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23 Aug 2025RentedNew contract
AED 85,000/yr12 months · AED 202 per sqft
4 Jun 2024SoldOff-plan
AED 970,000AED 2,341 per sqft
1 Jun 2023Sold by developerOff-plan
AED 828,391AED 1,999 per sqft

Source: Dubai Land Department. Updated 23 August 2025.

Key facts

Type
Studio apartment
Size
414 sqft
Floor
3rd of 9
Parking
1
Developer
Iman Developers
Completed
2024
Last sold
AED 970K · June 2024

About 312, The Grove by IMAN

312 is a studio of 414 sqft on the 3rd floor of The Grove by IMAN, a 9-storey tower in Dubai Hills Estate completed in 2024 by Iman Developers . It last sold on 4 June 2024 for AED 970,000, or AED 2,341 per sqft, 16% above the AED 2,014 studios in the building were fetching at the time.

One Ejari contract is registered, from 23 August 2025. The current contract, signed on 23 August 2025, is AED 85,000 a year: a gross yield of 8.8% on the 2024 price.

Sales and rents for 312 over time

Sales
Unit 312, each saleTypical studio in The Grove by IMAN
800K1M1.2M20232024202520262027Typical sale price by year: 2023 AED 834,377; 2024 AED 1,000,000; 2025 AED 1,105,000; 2026 AED 1,150,000Sold by developer, June 2023: AED 828,391 (AED 1,999 per sqft)Sold, June 2024: AED 970,000 (AED 2,341 per sqft)

312 has sold twice; the dashed line is the studio median of each year in the building.

Rents
Unit 312, each contractTypical studio in The Grove by IMAN
70K80K202520262027Typical rent by year: 2025 AED 80,000; 2026 AED 70,000New contract, August 2025: AED 85,000 a year

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

Studios in The Grove by IMAN, and where 312 sits

All 43 studios →

312 last sold in June 2024 at AED 2,341 per sqft, 16% above what studios in The Grove by IMAN were fetching at the time (AED 2,014). Over the last 12 months studios sold for AED 504,000 to 1,200,000, around AED 2,757 per sqft, and rent for AED 50,000 to 120,000 a year. 312's AED 85,000 is in the upper half of that range.

Recent studio salesUnit no.Price (AED)Summary
7 Sep 20261,200,000
28 Apr 20261,125,000
26 Mar 20261,150,000
19 Feb 20261,150,000
5 studio sales in the last 12 months

The Grove by IMAN

Building

121 apartments, studios to 3-bed over 9 floors in Dubai Hills Estate, completed in 2024 by Iman Developers . 10 sold in the last 12 months.

Typical price per sqft
AED 2,762 Up 15.0%
Typical sale
AED 1.63M
Typical rent
AED 120K /yr
Typical yield
5.8%
The Grove by IMAN, Dubai Hills Estate: prices, sales and rents →

Other units on the 3rd floor

All 121 units in The Grove by IMAN
Value
3012-bedAED 2.31M · May 2023
3023-bedAED 3.15M · Jul 2023
3032-bedAED 3.6M · Feb 2026
3041-bedAED 1.42M · Apr 2023
3051-bedAED 1.43M · Mar 2023
3061-bedAED 1.35M · May 2023
3071-bedAED 1.9M · Apr 2025
1–7 of 14

312, The Grove by IMAN in numbers

  • Sold twice: first on 1 June 2023 for AED 828,391, last on 4 June 2024 for AED 970,000 (AED 2,341 per sqft).
  • Rented since August 2025 on one Ejari contract, at AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 8.8%.
  • Studios in The Grove by IMAN sold for AED 504,000–1,200,000 in the 12 months to November 2026; the building's median across all types is AED 2,762 per sqft.

Source: Dubai Land Department. Updated 23 August 2025.

Questions about 312, The Grove by IMAN

What did unit 312 last sell for?

AED 970,000 on 4 June 2024: AED 2,341 per sqft for 414 sqft. The unit has 2 registered sales; the first was AED 828,391 in June 2023.

What is the rent for unit 312?

AED 85,000 a year on the contract signed on 23 August 2025.

How big is unit 312?

414 sqft (38.5 sqm): a studio on the 3rd floor of a 9-storey tower completed in 2024.

What is unit 312 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in The Grove by IMAN sold for AED 504,000 to 1,200,000 in the last 12 months, around AED 2,757 per sqft.

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Mortgage on 312, The Grove by IMAN

Starts from the last sale price (AED 970K, 4 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 970,000
Deposit, UAE resident (20%)
AED 194,000
Deposit, non-resident (40%)
AED 388,000
Monthly over 25 years at 3.7%
AED 3,969

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