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3-bed · 1,531 sqftGrove on the park, Town Square · 5th floor

516, Grove on the park

Sold prices and rental history: sold once, by the developer in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 516 · DLD and Ejari recordsUpdated 14 February 2024
Last soldAED 1.74M14 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 516, Grove on the park

What is 516 worth today?

Last sold for AED 1,738,888 in 2024

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14 Feb 2024Sold by developerOff-plan
AED 1,738,888AED 1,135 per sqft

Source: Dubai Land Department. Updated 14 February 2024.

Key facts

Type
3-bed apartment
Size
1,531 sqft
Floor
5th of 8
Parking
1
Last sold
AED 1.74M · February 2024
Building
Grove on the park

About 516, Grove on the park

516 is a three-bedroom apartment of 1,531 sqft on the 5th floor of Grove on the park, a 8-storey tower in Town Square. The developer sold it on 14 February 2024 for AED 1,738,888, or AED 1,135 per sqft.

No rental contract for the unit is registered on Ejari.

3-beds in Grove on the park, and where 516 sits

All 16 3-beds →

Over the last 12 months three-beds sold for AED 1,950,000, around AED 1,273 per sqft.

Recent 3-bed salesUnit no.Price (AED)Summary
2 Jan 20261,950,000
18 Nov 20241,900,888
11 Oct 20241,750,888
30 Aug 20241,775,888
1 3-bed sale in the last 12 months

Grove on the park

Building

155 apartments, 1-bed to 3-bed over 8 floors in Town Square. 8 sold in the last 12 months.

Typical price per sqft
AED 1,244
Typical sale
AED 1.18M
Typical rent
Few contracts
Typical yield
Grove on the park, Town Square: prices, sales and rents →

Other units on the 5th floor

All 155 units in Grove on the park
Value
5152-bedAED 1.16M · Mar 2024
5172-bedAED 1.15M · Feb 2024
5182-bedAED 1.22M · Mar 2024
5191-bedAED 819K · Feb 2024
5202-bedAED 1.14M · Mar 2024
5211-bedAED 819K · Feb 2024
5222-bedAED 1.15M · Mar 2024
1–7 of 19

516, Grove on the park in numbers

  • Sold once: by the developer on 14 February 2024 for AED 1,738,888, or AED 1,135 per sqft.
  • Three-beds in Grove on the park sold for AED 1,950,000–1,950,000 in the 12 months to November 2026; the building's median across all types is AED 1,244 per sqft.

Source: Dubai Land Department. Updated 14 February 2024.

Questions about 516, Grove on the park

What did unit 516 last sell for?

AED 1,738,888 on 14 February 2024, sold by the developer: AED 1,135 per sqft for 1,531 sqft. It is the only registered sale of the unit.

How big is unit 516?

1,531 sqft (142.2 sqm): a three-bedroom apartment on the 5th floor of a 8-storey tower.

What is unit 516 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Grove on the park sold for AED 1,950,000 to 1,950,000 in the last 12 months, around AED 1,273 per sqft.

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Mortgage on 516, Grove on the park

Starts from the last sale price (AED 1.74M, 14 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,738,888
Deposit, UAE resident (20%)
AED 347,778
Deposit, non-resident (40%)
AED 695,555
Monthly over 25 years at 3.7%
AED 7,114

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