501, Grenland Residence
Sold prices and rental history: sold once, by the developer in October 2021, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 501, Grenland Residence
What is 501 worth today?
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Source: Dubai Land Department. Updated 1 June 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,452 sqft
- Floor
- 5th of 5
- Parking
- B-69
- Developer
- Arloid Real Estate Development
- Completed
- 2021
- Service charge
- AED 30,400 /yr
- Last sold
- AED 1.18M · October 2021
- Building
- Grenland Residence
About 501, Grenland Residence
501 is a two-bedroom apartment of 2,452 sqft on the 5th floor of Grenland Residence, a 5-storey tower in District Eleven completed in 2021 by Arloid Real Estate Development. The developer sold it on 28 October 2021 for AED 1,183,071, or AED 482 per sqft, 35% below the AED 741 two-beds in the building were fetching at the time.
It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 1 June 2025, is AED 125,000 a year: a gross yield of 10.6% on the 2021 price, before the service charge of about AED 30,400 a year.
Sales and rents for 501 over time
No registered sale of 501; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Grenland Residence, and where 501 sits
All 38 2-beds →501 last sold in October 2021 at AED 482 per sqft, 35% below what two-beds in Grenland Residence were fetching at the time (AED 741). Over the last 12 months two-beds sold for AED 1,750,000 to 1,875,000, around AED 1,243 per sqft, and rent for AED 115,000 to 130,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Feb 202613 February 2026 | 1,413 sqft | 1,750,000 | 1,238 | ||
| 12 Feb 202612 February 2026 | 1,503 sqft | 1,875,000 | 1,247 | ||
| 1 May 20251 May 2025 | 1,642 sqft | 2,050,000 | 1,248 | ||
| 10 Apr 202510 April 2025 | 1,412 sqft | 1,950,000 | 1,380 |
Grenland Residence
Building58 apartments, 1-bed to 3-bed over 5 floors in District Eleven, completed in 2021 by Arloid Real Estate Development. 2 sold in the last 12 months.
- Typical price per sqft
- AED 1,243
- Typical sale
- AED 1.81M
- Typical rent
- AED 123K /yr
- Typical yield
- 6.8%
Other units on the 5th floor
All 58 units in Grenland Residence| ValueToday's value | |||||
|---|---|---|---|---|---|
| 502 | 3-bed | 2,283 sqft | AED 1.67MAED 1,670,000 · Oct 2022October 2022 | 110,151 /yr | |
| 503 | 1-bed | 844 sqft | AED 692KAED 692,000 · Jul 2022July 2022 | ||
| 504 | 2-bed | 1,503 sqft | AED 1.18MAED 1,180,000 · Apr 2022April 2022 | 115,000 /yr | |
| 505 | 1-bed | 1,041 sqft | AED 1.15MAED 1,149,830 · Mar 2018March 2018 | 78,000 /yr | |
| 506 | 2-bed | 1,413 sqft | AED 1.1MAED 1,100,000 · Aug 2022August 2022 | ||
| 507 | 2-bed | 1,412 sqft | AED 1.15MAED 1,150,000 · Sep 2022September 2022 | ||
| 508 | 2-bed | 1,555 sqft | AED 1.1MAED 1,100,000 · Nov 2022November 2022 | ||
| 509 | 2-bed | 1,642 sqft | AED 1.4MAED 1,395,000 · Mar 2023March 2023 | 130,000 /yr | |
| 510 | 2-bed | 1,666 sqft | AED 1.24MAED 1,235,073 · Sep 2021September 2021 | 100,658 /yr | |
| 511 | 2-bed | 2,152 sqft | AED 1.05MAED 1,054,441 · Oct 2021October 2021 | 109,725 /yr |
501, Grenland Residence in numbers
- Sold once: by Arloid Real Estate Development on 28 October 2021 for AED 1,183,071, or AED 482 per sqft.
- Rented since December 2021 on 3 Ejari contracts, from AED 98,000 to AED 125,000 a year.
- At AED 125,000 a year the gross yield on the 2021 price is 10.6%, before a service charge of about AED 30,400 a year (AED 12.38 per sqft).
- Two-beds in Grenland Residence sold for AED 1,750,000–1,875,000 in the 12 months to November 2026; the building's median across all types is AED 1,243 per sqft.
Source: Dubai Land Department. Updated 1 June 2025.
Questions about 501, Grenland Residence
What did unit 501 last sell for?
AED 1,183,071 on 28 October 2021, sold by the developer: AED 482 per sqft for 2,452 sqft. It is the only registered sale of the unit.
What is the rent for unit 501?
AED 125,000 a year on the contract signed on 1 June 2025. The previous contract, from December 2022, was AED 98,000; the unit has been rented since December 2021.
How big is unit 501?
2,452 sqft (227.8 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 501 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Grenland Residence sold for AED 1,750,000 to 1,875,000 in the last 12 months, around AED 1,243 per sqft.
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Mortgage on 501, Grenland Residence
Starts from the last sale price (AED 1.18M, 28 October 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 1,183,071
- Deposit, UAE resident (20%)
- AED 236,614
- Deposit, non-resident (40%)
- AED 473,228
- Monthly over 25 years at 3.7%
- AED 4,840
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →