Grenland Residence
About Grenland Residence
(sq. ft.)
Grenland Residence is a six-storey residential complex located in Mohammed Bin Rashid City, one of Dubai’s most modern areas. The project was developed by Arloid Real Estate Development and was commissioned in 2020.
Properties include one- to three-bedroom apartments that are available to buy and rent. Units come partially furnished and equipped with appliances. One-bedroom apartments range in size from 840 sq. ft. to 1,045 sq. ft. and have a starting price of AED 1,000,000 (USD 273,000). Two-bedroom apartments have a minimum size of 1,410 sq. ft. and a cost of AED 1,670,000 (USD 456,000). Three-bedroom apartments cover a standard area of 2,248 sq. ft. and have a starting cost of AED 2,653,000 (USD 724,000).
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
- Ample underground parking
- Three high-speed elevators
- Swimming pools for adults and children
- Equipped gym with classes and experienced instructors
- Multifunctional terrace with beautiful views of the surrounding area
- Several recreational areas
- Barbecue area
- Children’s playground
- Reliable video surveillance
- Fire safety systems
Property Information
- Location MBR City, Dubai, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-3BR Apartments
- Area from 840 sq. ft.
Location
Mohammed Bin Rashid City is located at the intersection of Sheikh Mohammed Bin Zayed Road, Sheikh Zayed Road, and Al Khail Road, three of Dubai’s main thoroughfares. As a result, residents can take advantage of good transport accessibility. The community has several bus stops and a Metro station, which can be reached within walking distance of the apartments. Dubai International Airport is situated within a 20-minute drive.
For groceries and household goods, residents can shop at Carrefour and Spinneys, which is located within a five-minute walk of the complex, and Al Quoz and LuLu Express can be reached within a 10-minute drive. Dubai Mall, Mercato Shopping Mall, and the Mall of the Emirates are situated within a 15-minute drive. Residents can choose from a selection of nearby restaurants and cafes, including the Cheesecake Factory and PF Changs.
Residents have access to many local educational institutions. North London Collegiate School Dubai and Hartland International School are located within a 10-minute walk of the residences, and GEMS Modern Academy and Dubai International Academic City can be reached within a 15-minute drive. The nearest medical centres, Emirates Hospital Dubai and American Hospital Dubai, are situated within a 15-minute drive.
For leisure activities, residents have easy access to many of the city’s most popular attractions, including Burj Khalifa, the world’s tallest building, and Ras Al Khor Wildlife Sanctuary, a family-friendly animal park.
Payback
Grenland Residence offers properties that belong to the budget segment of the real estate market, which explains an increased interest on the part of investors. Apartments have a return on investment rate that ranges from 4.5% to 6%, figures that are expected to increase in the future. Buyers will be able to recoup their investments within 20 to 23 years.
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Metropolitan Premium Properties
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[email protected]
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+971 4 428 6151
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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