508, Greygate Residences
Sold prices and rental history: sold once, by the developer in July 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 508, Greygate Residences
What is 508 worth today?
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Source: Dubai Land Department. Updated 3 July 2025.
Key facts
- Type
- Studio apartment
- Size
- 428 sqft
- Floor
- 5th of 15
- Parking
- 1
- Last sold
- AED 650K · July 2025
- Building
- Greygate Residences
About 508, Greygate Residences
508 is a studio of 428 sqft on the 5th floor of Greygate Residences, a 15-storey tower in Jumeirah Village Circle (JVC). The developer sold it on 3 July 2025 for AED 650,000, or AED 1,519 per sqft, in line with the AED 1,517 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 508 sits
All 146 studios →508 last sold in July 2025 at AED 1,519 per sqft, in line with what studios in Greygate Residences were fetching at the time (AED 1,517). Over the last 12 months studios sold for AED 685,500 to 696,500, around AED 1,651 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 410 sqft | 690,500 | 1,683 | ||
| 12 Dec 202512 December 2025 | 413 sqft | 692,500 | 1,678 | ||
| 12 Dec 202512 December 2025 | 434 sqft | 696,500 | 1,603 | ||
| 24 Nov 202524 November 2025 | 434 sqft | 695,500 | 1,600 |
Greygate Residences
Building212 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
Other units on the 5th floor
All 212 units in Greygate Residences| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | Studio | 449 sqft | AED 655KAED 655,000 · Jul 2025July 2025 | ||
| 502 | 1-bed | 727 sqft | AED 1.03MAED 1,025,000 · Jun 2025June 2025 | ||
| 503 | Studio | 396 sqft | AED 630KAED 630,000 · Jul 2025July 2025 | ||
| 504 | 1-bed | 834 sqft | AED 1.09MAED 1,085,000 · Jun 2025June 2025 | ||
| 505 | Studio | 435 sqft | AED 648KAED 648,000 · Jul 2025July 2025 | ||
| 506 | 1-bed | 801 sqft | AED 1.05MAED 1,051,000 · Jun 2025June 2025 | ||
| 507 | 1-bed | 883 sqft | AED 1.17MAED 1,170,900 · Jul 2025July 2025 | ||
| 509 | Studio | 470 sqft | AED 660KAED 660,000 · Jul 2025July 2025 | ||
| 510 | Studio | 444 sqft | AED 643KAED 643,000 · Jul 2025July 2025 | ||
| 511 | Studio | 477 sqft | AED 658KAED 658,000 · Jul 2025July 2025 | ||
| 512 | Studio | 418 sqft | AED 551KAED 551,000 · Jul 2025July 2025 | ||
| 513 | 1-bed | 815 sqft | AED 1.11MAED 1,113,000 · Jul 2025July 2025 | ||
| 514 | Studio | 425 sqft | AED 642KAED 642,000 · Jul 2025July 2025 | ||
| 515 | Studio | 426 sqft | AED 642KAED 642,000 · Jul 2025July 2025 |
508, Greygate Residences in numbers
- Sold once: by the developer on 3 July 2025 for AED 650,000, or AED 1,519 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 3 July 2025.
Questions about 508, Greygate Residences
What did unit 508 last sell for?
AED 650,000 on 3 July 2025, sold by the developer: AED 1,519 per sqft for 428 sqft. It is the only registered sale of the unit.
How big is unit 508?
428 sqft (39.8 sqm): a studio on the 5th floor of a 15-storey tower.
What is unit 508 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 508, Greygate Residences
Starts from the last sale price (AED 650K, 3 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 650,000
- Deposit, UAE resident (20%)
- AED 130,000
- Deposit, non-resident (40%)
- AED 260,000
- Monthly over 25 years at 3.7%
- AED 2,659
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →