Studio · 429 sqftGreygate Residences, Jumeirah Village Circle (JVC) · 15th floor

1508, Greygate Residences

Sold prices and rental history: sold once, by the developer in March 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1508 · DLD and Ejari recordsUpdated 11 March 2025
Last soldAED 614K11 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1508, Greygate Residences

What is 1508 worth today?

Last sold for AED 613,800 in 2025

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11 Mar 2025Sold by developerOff-plan
AED 613,800AED 1,431 per sqft

Source: Dubai Land Department. Updated 11 March 2025.

Key facts

Type
Studio apartment
Size
429 sqft
Floor
15th of 15
Parking
1
Last sold
AED 614K · March 2025

About 1508, Greygate Residences

1508 is a studio of 429 sqft on the 15th floor of Greygate Residences, a 15-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 11 March 2025 for AED 613,800, or AED 1,431 per sqft, in line with the AED 1,446 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Studios in Greygate Residences, and where 1508 sits

All 146 studios →

1508 last sold in March 2025 at AED 1,431 per sqft, in line with what studios in Greygate Residences were fetching at the time (AED 1,446). Over the last 12 months studios sold for AED 685,500 to 696,500, around AED 1,651 per sqft.

Recent studio salesUnit no.Price (AED)Summary
13 Feb 2026690,500
12 Dec 2025692,500
12 Dec 2025696,500
24 Nov 2025695,500
8 studio sales in the last 12 months

Greygate Residences

Building

212 apartments, studios to 1-bed over 15 floors in Jumeirah Village Circle (JVC). 17 sold in the last 12 months.

Typical price per sqft
AED 1,401 Down 5.0%
Typical sale
AED 1.06M
Typical rent
Few contracts
Typical yield
Greygate Residences, Jumeirah Village Circle (JVC): prices, sales and rents →

Other units on the 15th floor

All 212 units in Greygate Residences
Value
1501StudioAED 697K · Dec 2025
15021-bedAED 1.06M · Apr 2025
1503StudioAED 647K · Jun 2025
15041-bedAED 1.12M · Aug 2025
1505StudioAED 671K · Jul 2025
15071-bedAED 1.09M · Mar 2025
1509StudioAED 698K · Jun 2025
1–7 of 12

1508, Greygate Residences in numbers

  • Sold once: by the developer on 11 March 2025 for AED 613,800, or AED 1,431 per sqft.
  • Studios in Greygate Residences sold for AED 685,500–696,500 in the 12 months to November 2026; the building's median across all types is AED 1,401 per sqft.

Source: Dubai Land Department. Updated 11 March 2025.

Questions about 1508, Greygate Residences

What did unit 1508 last sell for?

AED 613,800 on 11 March 2025, sold by the developer: AED 1,431 per sqft for 429 sqft. It is the only registered sale of the unit.

How big is unit 1508?

429 sqft (39.9 sqm): a studio on the 15th floor of a 15-storey tower.

What is unit 1508 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Greygate Residences sold for AED 685,500 to 696,500 in the last 12 months, around AED 1,651 per sqft.

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Mortgage on 1508, Greygate Residences

Starts from the last sale price (AED 614K, 11 March 2025). Switch to today's estimate once you have unlocked it.
Price
AED 613,800
Deposit, UAE resident (20%)
AED 122,760
Deposit, non-resident (40%)
AED 245,520
Monthly over 25 years at 3.7%
AED 2,511

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