409, The Grove by IMAN
Sold prices and rental history: sold once, by the developer in December 2024, and rented once, from June 2025. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 409, The Grove by IMAN
What is 409 worth today?
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Source: Dubai Land Department. Updated 23 June 2025.
Key facts
- Type
- Studio apartment
- Size
- 477 sqft
- Floor
- 4th of 9
- Parking
- 1
- Developer
- Iman Developers
- Completed
- 2024
- Last sold
- AED 864K · December 2024
- Building
- The Grove by IMAN
About 409, The Grove by IMAN
409 is a studio of 477 sqft on the 4th floor of The Grove by IMAN, a 9-storey tower in Dubai Hills Estate completed in 2024 by Iman Developers . The developer sold it on 17 December 2024 for AED 864,057, or AED 1,809 per sqft, 18% below the AED 2,219 studios in the building were fetching at the time.
One Ejari contract is registered, from 23 June 2025. The current contract, signed on 23 June 2025, is AED 75,000 a year: a gross yield of 8.7% on the 2024 price.
Sales and rents for 409 over time
409 has sold once; the dashed line is the studio median of each year in the building.
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 409 sits
All 43 studios →409 last sold in December 2024 at AED 1,809 per sqft, 18% below what studios in The Grove by IMAN were fetching at the time (AED 2,219). 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. 409's AED 75,000 is in the lower half of that range.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 Sep 20267 September 2026 | 415 sqft | 1,200,000 | 2,891 | ||
| 28 Apr 202628 April 2026 | 420 sqft | 1,125,000 | 2,681 | ||
| 26 Mar 202626 March 2026 | 415 sqft | 1,150,000 | 2,767 | ||
| 19 Feb 202619 February 2026 | 417 sqft | 1,150,000 | 2,757 |
The Grove by IMAN
Building121 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%
Other units on the 4th floor
All 121 units in The Grove by IMAN| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | 2-bed | 1,279 sqft | AED 2.33MAED 2,327,526 · Apr 2023April 2023 | 200,000 /yr | |
| 402 | 3-bed | 1,706 sqft | AED 3.3MAED 3,300,000 · Jan 2025January 2025 | 299,335 /yr | |
| 403 | 2-bed | 1,266 sqft | AED 2.7MAED 2,700,000 · Nov 2023November 2023 | ||
| 404 | 1-bed | 782 sqft | AED 1.37MAED 1,370,048 · Apr 2023April 2023 | 135,000 /yr | |
| 405 | 1-bed | 787 sqft | AED 1.39MAED 1,389,144 · May 2023May 2023 | 133,000 /yr | |
| 406 | 1-bed | 739 sqft | AED 1.8MAED 1,795,000 · Nov 2024November 2024 | 125,000 /yr | |
| 407 | 1-bed | 896 sqft | AED 2.1MAED 2,100,000 · Jun 2025June 2025 | ||
| 408 | Studio | 477 sqft | AED 864KAED 863,667 · Apr 2023April 2023 | ||
| 410 | Studio | 414 sqft | AED 833KAED 832,533 · Jun 2023June 2023 | 70,000 /yr | |
| 411 | Studio | 413 sqft | AED 831KAED 830,802 · May 2023May 2023 | ||
| 412 | Studio | 420 sqft | AED 1.13MAED 1,125,000 · Sep 2025September 2025 | ||
| 413 | Studio | 415 sqft | AED 834KAED 833,831 · Apr 2023April 2023 | 70,000 /yr | |
| 414 | 1-bed | 699 sqft | AED 1.36MAED 1,355,659 · Sep 2023September 2023 | 120,000 /yr | |
| 415 | 2-bed | 1,095 sqft | AED 2.7MAED 2,700,000 · May 2025May 2025 | 180,000 /yr |
409, The Grove by IMAN in numbers
- Sold once: by Iman Developers on 17 December 2024 for AED 864,057, or AED 1,809 per sqft.
- Rented since June 2025 on one Ejari contract, at AED 75,000 a year.
- At AED 75,000 a year the gross yield on the 2024 price is 8.7%.
- 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 June 2025.
Questions about 409, The Grove by IMAN
What did unit 409 last sell for?
AED 864,057 on 17 December 2024, sold by the developer: AED 1,809 per sqft for 477 sqft. It is the only registered sale of the unit.
What is the rent for unit 409?
AED 75,000 a year on the contract signed on 23 June 2025.
How big is unit 409?
477 sqft (44.3 sqm): a studio on the 4th floor of a 9-storey tower completed in 2024.
What is unit 409 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 409, The Grove by IMAN
Starts from the last sale price (AED 864K, 17 December 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 864,057
- Deposit, UAE resident (20%)
- AED 172,811
- Deposit, non-resident (40%)
- AED 345,623
- Monthly over 25 years at 3.7%
- AED 3,535
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →