1-bed · 801 sqftGreygate Residences, Jumeirah Village Circle (JVC) · 5th floor

506, Greygate Residences

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

Unit 506 · DLD and Ejari recordsUpdated 18 June 2025
Last soldAED 1.05M18 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 506, Greygate Residences

What is 506 worth today?

Last sold for AED 1,051,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Jun 2025Sold by developerOff-plan
AED 1,051,000AED 1,311 per sqft

Source: Dubai Land Department. Updated 18 June 2025.

Key facts

Type
1-bed apartment
Size
801 sqft
Floor
5th of 15
Parking
1
Last sold
AED 1.05M · June 2025

About 506, Greygate Residences

506 is a one-bedroom apartment of 801 sqft on the 5th floor of Greygate Residences, a 15-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 18 June 2025 for AED 1,051,000, or AED 1,311 per sqft, in line with the AED 1,316 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 506 over time

Sales
Unit 506, each saleTypical one-bed in Greygate Residences
1.05M1.1M202520262027Typical sale price by year: 2025 AED 1,091,625; 2026 AED 1,120,325Sold by developer, June 2025: AED 1,051,000 (AED 1,311 per sqft)

506 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Greygate Residences, and where 506 sits

All 66 1-beds →

506 last sold in June 2025 at AED 1,311 per sqft, in line with what one-beds in Greygate Residences were fetching at the time (AED 1,316). Over the last 12 months one-beds sold for AED 1,060,875 to 1,322,250, around AED 1,381 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
25 Apr 20261,291,500
14 Mar 20261,120,325
9 Feb 20261,060,875
11 Dec 20251,322,250
9 1-bed 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 5th floor

All 212 units in Greygate Residences
Value
501StudioAED 655K · Jul 2025
5021-bedAED 1.03M · Jun 2025
503StudioAED 630K · Jul 2025
5041-bedAED 1.09M · Jun 2025
505StudioAED 648K · Jul 2025
5071-bedAED 1.17M · Jul 2025
508StudioAED 650K · Jul 2025
1–7 of 14

506, Greygate Residences in numbers

  • Sold once: by the developer on 18 June 2025 for AED 1,051,000, or AED 1,311 per sqft.
  • One-beds in Greygate Residences sold for AED 1,060,875–1,322,250 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 18 June 2025.

Questions about 506, Greygate Residences

What did unit 506 last sell for?

AED 1,051,000 on 18 June 2025, sold by the developer: AED 1,311 per sqft for 801 sqft. It is the only registered sale of the unit.

How big is unit 506?

801 sqft (74.4 sqm): a one-bedroom apartment on the 5th floor of a 15-storey tower.

What is unit 506 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Greygate Residences sold for AED 1,060,875 to 1,322,250 in the last 12 months, around AED 1,381 per sqft.

Selling 506? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 506, Greygate Residences

Starts from the last sale price (AED 1.05M, 18 June 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,051,000
Deposit, UAE resident (20%)
AED 210,200
Deposit, non-resident (40%)
AED 420,400
Monthly over 25 years at 3.7%
AED 4,300

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