Overview

Property Description

The Grenland Residence is a six-storey residential complex located in Mohammed Bin Rashid City, one of Dubai's most modern neighborhoods. You can purchase or rent one-to-three-bedroom apartments in the development. One-bedroom apartments range in size from 840 sq. ft. to 1,045 sq. ft. and cost up to AED 1,000,000 (USD 273,000). A two-bedroom apartment is a minimum size of 1,410 sq. ft. and costs AED 1,670,000 (USD 456,000). Three-bedroom apartments are a standard size of 2,248 sq. ft.. AED 2,653,000 (USD 724,000) is the starting price. *Prices are valid for 2021 Investors have shown increased interest in Grenland Residence because it offers properties in the budget segment of the real estate market. The average return on investment for apartments is between 4.5% and 6%, a figure that will continue to rise in the future. Buyers can expect to recover their investment in 20 to 23 years.

Location