PropertyIndex

Grandeur Residences

Completed · Q3 2012|237 units · 2 buildings · 5 villas

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Grandeur Residences is a completed mixed residential development by ETA STAR PROPERTY DEVELOPERS L.L.C in Palm Jumeirah, comprising 237 registered units. 661 sales are registered with the Dubai Land Department, at a current PIX© price of AED 2,125 per sqft. At AED 2,125 per sqft, Grandeur Residences prices 46% below the Palm Jumeirah average of AED 3,918 per sqft on registered sales.

PIX© price · 2.9% YoY
3.97MAED
Typical
2,125AED
PSF
Gross yield
4.7%
PIX© rent ÷ PIX© price
Sale records
661
DLD · all time
Rent contracts
1,142
Ejari · all time
Grandeur Residences

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
447 – 7,700 sqft
2373.97M2,1252.9%185K4.7%
Residential
1 Bed · Apartment
723 – 1,543 sqft
104
2 Bed · Apartment
1,648 – 4,370 sqft
101
3 Bed · Apartment
2,564 – 7,700 sqft
24
4 Bed · Villa
5,146 – 6,077 sqft
5
Commercial
Shop
447 – 892 sqft
3
Land
Land
348,886 sqft
Sales — Project-Wide661 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Tower Analysis
last 24 months
All towers · 34 sales
Granduer Residences-Mughal · 15 sales
Granduer Residences-Maurya · 19 sales
Latest transactions
DateUnitPositionSizePricePSFvs Prior SaleTierType
20 Jul 20262 BedGranduer Residences-Mughal · Floor 41,8564,600,0002,478+27.8%StandardStandard Sale
8 Jun 20263 BedGranduer Residences-Maurya · Floor 42,5646,500,0002,536+30.0%StandardStandard Sale
4 Jun 20262 BedGranduer Residences-Mughal · Floor 31,7573,500,0001,992+75.0%StandardStandard Sale
Rentals — Project-Wide1,142 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Tower & Floor Analysis
last 24 months
All towers · 114 rentals
Floors 1-2 · 63 rentals
Floors 3-5 · 51 rentals
Granduer Residences-Maurya · 56 rentals
Floors 1-2 · 28 rentals
Floors 3-5 · 28 rentals
Granduer Residences-Mughal · 58 rentals
Floors 1-2 · 35 rentals
Floors 3-5 · 23 rentals
Latest contracts
Start DateUnitPositionSizeRent / YrRent PSFvs Prior RentTierType
1 Sep 20261 Bed1,143115,000101Entry Levelrenewal
15 Aug 20262 BedGranduer Residences-Mughal · Floor 31,787185,000104+23.3%Standardnew
1 Aug 20261 BedGranduer Residences-Maurya · Floor 21,101115,0001040.0%Entry Levelrenewal

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Palm Jumeirah

The closest-priced registered projects in Palm Jumeirah.

Common questions about Grandeur Residences

Answered from Dubai Land Department registered transactions.

How much does a property in Grandeur Residences cost?

Property in Grandeur Residences sells at a current PIX© price of AED 2,125 per sqft, or about AED 3,969,764 for a typical unit, based on 661 sales registered with the Dubai Land Department.

Is Grandeur Residences completed?

Yes. Grandeur Residences is recorded as completed in the Dubai Land Department project register (completed q3 2012).

Who is the developer of Grandeur Residences?

Grandeur Residences is developed by ETA STAR PROPERTY DEVELOPERS L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Grandeur Residences?

Grandeur Residences yields 4.7% gross, calculated from current PIX© rent against current PIX© sale price, across 1,142 registered Ejari contracts.

How many units are in Grandeur Residences?

Grandeur Residences holds 237 registered units, per the Dubai Land Department unit register.

Have prices in Grandeur Residences gone up or down?

Price per sqft has risen +2.9% over the last 12 months, to AED 2,125, across 661 registered sales.