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2-bed · 1,075 sqftGrove on the park, Town Square · 5th floor

518, Grove on the park

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

Unit 518 · DLD and Ejari recordsUpdated 5 March 2024
Last soldAED 1.22M5 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 518, Grove on the park

What is 518 worth today?

Last sold for AED 1,220,888 in 2024

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5 Mar 2024Sold by developerOff-plan
AED 1,220,888AED 1,135 per sqft

Source: Dubai Land Department. Updated 5 March 2024.

Key facts

Type
2-bed apartment
Size
1,075 sqft
Floor
5th of 8
Parking
1
Last sold
AED 1.22M · March 2024
Building
Grove on the park

About 518, Grove on the park

518 is a two-bedroom apartment of 1,075 sqft on the 5th floor of Grove on the park, a 8-storey tower in Town Square. The developer sold it on 5 March 2024 for AED 1,220,888, or AED 1,135 per sqft, 5% below the AED 1,195 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

2-beds in Grove on the park, and where 518 sits

All 80 2-beds →

518 last sold in March 2024 at AED 1,135 per sqft, 5% below what two-beds in Grove on the park were fetching at the time (AED 1,195). Over the last 12 months two-beds sold for AED 1,150,000 to 1,350,000, around AED 1,280 per sqft.

Recent 2-bed salesUnit no.Price (AED)Summary
9 Feb 20261,325,000
19 Jan 20261,150,000
5 Dec 20241,210,888
11 Nov 20241,155,888
4 2-bed sales 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
5163-bedAED 1.74M · Feb 2024
5172-bedAED 1.15M · Feb 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

518, Grove on the park in numbers

  • Sold once: by the developer on 5 March 2024 for AED 1,220,888, or AED 1,135 per sqft.
  • Two-beds in Grove on the park sold for AED 1,150,000–1,350,000 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 5 March 2024.

Questions about 518, Grove on the park

What did unit 518 last sell for?

AED 1,220,888 on 5 March 2024, sold by the developer: AED 1,135 per sqft for 1,075 sqft. It is the only registered sale of the unit.

How big is unit 518?

1,075 sqft (99.9 sqm): a two-bedroom apartment on the 5th floor of a 8-storey tower.

What is unit 518 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Grove on the park sold for AED 1,150,000 to 1,350,000 in the last 12 months, around AED 1,280 per sqft.

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Mortgage on 518, Grove on the park

Starts from the last sale price (AED 1.22M, 5 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,888
Deposit, UAE resident (20%)
AED 244,178
Deposit, non-resident (40%)
AED 488,355
Monthly over 25 years at 3.7%
AED 4,995

Plus AED 56,288 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →