Grande in Downtown Dubai - Dubai residental property project

Cap rates, sales prices, rents and deal volumes

Sales prices for off-plan (pre registration and delayed sell) properties in Grande

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	105	63,135	6,650,000

Sales prices for completed properties in Grande

Rooms	Size, sqm	Sale price, AED/sqm	Sale price, AED
2	118	32,605	3,850,000
3	175	44,754	7,833,333

Rents in Grande

Rooms	Size, sqm	Rent, AED/sqm/ year	Rent, AED
1	73	2,008	145,714
2	112	2,381	265,833

The cap rate (rental yield) of investments into Grande project is 4.9% on average.

The price of an apartment in Grande is 52,830 AED/sqm on average.

The long term rent of an apartment in Grande is 2,220 AED/sqm/year on average.

Price for off-plan 2 bedroom apartment in Grande is 6,650,000 AED or 63,135 AED/sqm.

Price for completed 2 bedroom apartment in Grande is 3,850,000 AED or 32,605 AED/sqm.
Price for completed 3 bedroom apartment in Grande is 7,833,333 AED or 44,754 AED/sqm.

Rent for 1 bedroom apartment in Grande is 145,714 AED or 2,008 AED/sqm.
Rent for 2 bedroom apartment in Grande is 265,833 AED or 2,381 AED/sqm.

About Grande

'Grande' in 'Downtown Dubai' area project description

The Grande project is a massive development project located in Dubai, United Arab Emirates. It is a mixed-use development that encompasses multiple residential and commercial projects. The project is being developed by Meraas, a leading real estate developer in the region.

The Grande project is located in the heart of Dubai, near the Dubai Marina and the Palm Jumeirah. It is a sprawling development that covers an area of over 5 million square feet. The project is divided into two phases, with the first phase consisting of three towers and the second phase consisting of two towers. The towers are connected by a network of walkways, plazas, and gardens.

The Grande project includes a variety of residential and commercial projects. The residential projects include luxury apartments, villas, and townhouses. The commercial projects include a shopping mall, office space, and a hotel. The shopping mall is the largest in the region and includes over 500 stores and restaurants. The office space is designed to accommodate businesses of all sizes, from small startups to large corporations. The hotel is a five-star property with over 500 rooms.

The Grande project also includes a variety of amenities and features. There is an outdoor amphitheater, a fitness center, a spa, and a variety of restaurants and cafes. There are also a number of parks and gardens, as well as a marina. The project also includes a variety of green spaces and public art installations.

The Grande project is a major development project in Dubai and is expected to be completed by 2021. It is a major investment in the region and is expected to have a significant impact on the local economy. The project is expected to create thousands of jobs and attract more tourists and businesses to the region.

Q&A on Grande

Description of 'Grande' project in Dubai for real estate buyers and renters

The Grande project is a large-scale development in Dubai, United Arab Emirates. It is a multi-billion dollar project that is set to transform the city into a world-class destination. The project is being developed by Meraas, a Dubai-based real estate development company.

The project is located on the Dubai Water Canal and is spread over an area of 4.5 million square feet. It will include a variety of residential, commercial, retail, hospitality, and leisure components. The project will feature a mix of high-end luxury apartments, villas, townhouses, and penthouses, as well as a variety of retail outlets, restaurants, and entertainment venues.

The project will also include a variety of public spaces, such as a public park, a waterfront promenade, and a series of pedestrian bridges. The project will also feature a variety of green spaces, including a botanical garden, a butterfly garden, and a bird sanctuary.

The project is expected to be completed by 2021 and will be one of the largest developments in Dubai. It is expected to create thousands of jobs and attract millions of visitors each year. The project is also expected to have a positive impact on the local economy, as it will bring in new businesses, create new jobs, and generate additional revenue for the city.

The Grande project is an ambitious undertaking that is set to transform Dubai into a world-class destination. It will feature a variety of residential, commercial, retail, hospitality, and leisure components, as well as a variety of public spaces and green spaces. It is expected to create thousands of jobs and attract millions of visitors each year. The project is expected to have a positive impact on the local economy and is set to be completed by 2021.

What are the advantages of 'Grande' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Grande is located in the heart of Dubai, offering easy access to the city’s major attractions, including the Dubai Mall, Burj Khalifa, and the Dubai International Financial Centre.

2. Luxury Amenities: Grande offers a range of luxurious amenities, such as a state-of-the-art fitness centre, a swimming pool, and a spa.

3. Quality Construction: Grande is built with the highest quality materials and is designed to meet the highest standards of luxury living.

4. Affordable Prices: Grande offers competitive prices for its luxury apartments, making it an attractive option for real estate buyers.

5. Flexible Payment Plans: Grande offers flexible payment plans for its buyers, allowing them to pay in installments over time.

What are the advantages of 'Grande' project in Dubai for property buyers? What are the disadvantages?

1. Prime Location: Grande is located in the heart of Dubai, offering easy access to the city’s major attractions, business hubs, and leisure spots.

2. Luxury Amenities: Grande offers a range of luxury amenities, including a state-of-the-art gym, swimming pools, and a variety of restaurants and cafes.

3. Affordable Prices: Grande offers competitive prices for its real estate units, making it an attractive option for buyers looking for a luxurious lifestyle at an affordable price.

4. High Rental Yields: Grande offers high rental yields, making it an attractive option for investors looking to generate a steady income from their real estate investments.

5. High Quality Construction: Grande is built with high-quality materials and construction standards, ensuring that the units are built to last.