506, Grenland Residence
Sold prices and rental history: sold twice, last in August 2022, 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 506, Grenland Residence
What is 506 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 August 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,413 sqft
- Floor
- 5th of 5
- Parking
- B-72
- Developer
- Arloid Real Estate Development
- Completed
- 2021
- Service charge
- AED 17,500 /yr
- Last sold
- AED 1.1M · August 2022
- Building
- Grenland Residence
About 506, Grenland Residence
506 is a two-bedroom apartment of 1,413 sqft on the 5th floor of Grenland Residence, a 5-storey tower in District Eleven completed in 2021 by Arloid Real Estate Development. It last sold on 10 August 2022 for AED 1,100,000, or AED 778 per sqft, 5% above the AED 741 two-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
506 has sold once; 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 506 sits
All 38 2-beds →506 last sold in August 2022 at AED 778 per sqft, 5% above 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 | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 2,452 sqft | AED 1.18MAED 1,183,071 · Oct 2021October 2021 | 125,000 /yr | |
| 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 | |
| 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 |
506, Grenland Residence in numbers
- Sold twice: first on 6 October 2021 for AED 726,132, last on 10 August 2022 for AED 1,100,000 (AED 778 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 10 August 2022.
Questions about 506, Grenland Residence
What did unit 506 last sell for?
AED 1,100,000 on 10 August 2022: AED 778 per sqft for 1,413 sqft. The unit has 2 registered sales; the first was AED 726,132 in October 2021.
How big is unit 506?
1,413 sqft (131.3 sqm): a two-bedroom apartment on the 5th floor of a 5-storey tower completed in 2021.
What is unit 506 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.
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.
Mortgage on 506, Grenland Residence
Starts from the last sale price (AED 1.1M, 10 August 2022). 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 AED 51,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →