Graygate Residences
Jumeirah Village Circle (JVC) , Dubai
AED 600,000
≈
AED 600,000
Construction Progress3%
Description
Greygate Residences is an upcoming 15-storey residential tower by ADE Properties in District 11, Jumeirah Village Circle (JVC). The development will feature 223 meticulously designed residences including 149 studios, 74 one-bedroom apartments and five premium retail spaces on the ground level for added convenience. Residents will enjoy several world-class amenities, such as swimming pools for children and adults, an indoor and outdoor gym, a sauna and multiple relaxation areas.
Families will benefit from a dedicated kids’ play area. Strategically located in District 11 JVC, the off-plan project will offer excellent connectivity to key areas of Dubai via Al Khail Road (E44).
Amenities & Features
Gym or Health Club
Swimming Pool
Kids Play Area
Property Details
Property TypeApartment
DeveloperADE Properties
ProjectGraygate Residences
CommunityJumeirah Village Circle (JVC)
CompletionOff-Plan -
Q1 2028
Parking1 space
CityDubai
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 600,000
DLD Fee (4%)AED 24,000
Trustee FeeAED 4,200
Agency (2%)AED 12,000
Total
InvestmentAED 640,200
Expected Annual Returns
Expected Annual RentAED 50,400
Service Charges (Est)-AED 5,130
Net Annual
IncomeAED 45,270
Net Annual ROI7.1% (after expenses)
Payback Period14.1 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa16.6 km
Dubai Mall16.8 km
Dubai Airport (DXB)26.5 km
Mall of the Emirates6.9 km
Dubai Marina7.7 km