Studio · 483 sqftThe Grove by IMAN, Dubai Hills Estate · 5th floor · completed 2024

509, The Grove by IMAN

Sold prices and rental history: sold twice, last in June 2025, and rented once, from February 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 509 · DLD and Ejari recordsUpdated 2 February 2026
Last soldAED 1.1M18 June 2025
Current rentAED 120K /yr2 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 509, The Grove by IMAN

What is 509 worth today?

Last sold for AED 1,100,000 in 2025

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2 Feb 2026RentedNew contract
AED 120,000/yr12 months · AED 248 per sqft
18 Jun 2025SoldReady
AED 1,100,000AED 2,275 per sqft
14 Jun 2023Sold by developerOff-plan
AED 798,236AED 1,672 per sqft

Source: Dubai Land Department. Updated 2 February 2026.

Key facts

Type
Studio apartment
Size
483 sqft
Floor
5th of 9
Parking
P2-085
Developer
Iman Developers
Completed
2024
Last sold
AED 1.1M · June 2025

About 509, The Grove by IMAN

509 is a studio of 483 sqft on the 5th floor of The Grove by IMAN, a 9-storey tower in Dubai Hills Estate completed in 2024 by Iman Developers . It last sold on 18 June 2025 for AED 1,100,000, or AED 2,275 per sqft, in line with the AED 2,304 studios in the building were fetching at the time.

One Ejari contract is registered, from 2 February 2026. The current contract, signed on 2 February 2026, is AED 120,000 a year: a gross yield of 10.9% on the 2025 price.

Sales and rents for 509 over time

Sales
Unit 509, 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 798,236 (AED 1,672 per sqft)Sold, June 2025: AED 1,100,000 (AED 2,275 per sqft)

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

Rents
Unit 509, each contractTypical studio in The Grove by IMAN
75K100K125K202520262027Typical rent by year: 2025 AED 80,000; 2026 AED 70,000New contract, February 2026: AED 120,000 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 509 sits

All 43 studios →

509 last sold in June 2025 at AED 2,275 per sqft, in line with what studios in The Grove by IMAN were fetching at the time (AED 2,304). 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. 509's AED 120,000 is at the top 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 5th floor

All 121 units in The Grove by IMAN
Value
5012-bedAED 2.34M · Apr 2023
5023-bedAED 2.09M · Mar 2025
5032-bedAED 2.22M · Jun 2023
5041-bedAED 1.35M · Jun 2023
5051-bedAED 1.36M · Jul 2023
5061-bedAED 2.16M · Jul 2025
5071-bedAED 1.44M · Jun 2023
1–7 of 14

509, The Grove by IMAN in numbers

  • Sold twice: first on 14 June 2023 for AED 798,236, last on 18 June 2025 for AED 1,100,000 (AED 2,275 per sqft).
  • Rented since February 2026 on one Ejari contract, at AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2025 price is 10.9%.
  • 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 2 February 2026.

Questions about 509, The Grove by IMAN

What did unit 509 last sell for?

AED 1,100,000 on 18 June 2025: AED 2,275 per sqft for 483 sqft. The unit has 2 registered sales; the first was AED 798,236 in June 2023.

What is the rent for unit 509?

AED 120,000 a year on the contract signed on 2 February 2026.

How big is unit 509?

483 sqft (44.9 sqm): a studio on the 5th floor of a 9-storey tower completed in 2024.

What is unit 509 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 509, The Grove by IMAN

Starts from the last sale price (AED 1.1M, 18 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,100,000
Deposit, UAE resident (20%)
AED 220,000
Deposit, non-resident (40%)
AED 440,000
Monthly over 25 years at 3.7%
AED 4,500

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