Grand Central

A complete view of unit availability, highlighting which units are sold and which are still on the market. Explore detailed unit specifications, pricing ranges, and market benchmarks to make informed buying or investment decisions.

View all projects by The First Group
185
Total Units
185
Sold
⃃ 1,154,500
Median Price
⃃ 2,510
Median Price /sqft
Construction progress: 100%
Start: Nov, 2010Completion: Jul, 2012

Grand Central Price Ranges by Unit Size, Compared to Area Prices

BedUnitsSize RangePriceArea Price
Compares the Current Market median price per sqft in the project to the current median price per sqft in the area.

Position vs. Area

Studio112280 sqft - 610 sqft⃃ 0.9M (1,950 /sqft)⃃ 2,530 /sqft
-22.92
1 Bed72550 sqft - 710 sqft⃃ 0.9M (1,710 /sqft)⃃ 1,530 /sqft
12.23

Current market shows transactions from the past 365 days across both primary and resale sales, while Primary market includes only developer (first sale) transactions.

Property price over months

Median Property Prices Over Time

Combination: Property price over months
Grand CentralAl Thanyah First
Jan 20182.0K2.8K
Feb 20182.6K2.9K
Mar 20182.7K2.8K
Apr 20182.5K2.8K
May 20182.8K2.7K
Jun 2018—3.5K
Jul 20181.4K3.7K
Aug 2018—2.5K
Sep 20181.8K3.7K
Oct 2018—3.6K
Nov 2018—2.9K
Dec 2018—3.1K
Jan 2019—3.7K
Feb 20199833.1K
Mar 2019—3.7K
Apr 20191.7K3.1K
May 2019—3.5K
Jun 2019—4.0K
Jul 20192.6K3.4K
Aug 2019—3.0K
Sep 20193.5K3.7K
Oct 20193.1K3.2K
Nov 20191.4K3.7K
Dec 20191.4K3.5K
Jan 20202.0K3.7K
Feb 20202.9K3.1K
Mar 2020—3.5K
Apr 2020—3.1K
May 2020—1.6K
Jun 2020—3.4K
Jul 20201.7K3.1K
Aug 2020—3.8K
Sep 20208381.6K
Oct 20201.6K1.0K
Nov 20202.1K3.7K
Dec 2020—3.6K
Jan 20213.2K2.9K
Feb 2021—1.9K
Mar 2021—2.5K
Apr 20212.2K1.1K
May 2021—1.1K
Jun 2021—3.1K
Jul 2021—1.6K
Aug 20212.6K2.6K
Sep 20213.3K1.2K
Oct 20212.3K2.1K
Nov 20212.3K1.7K
Dec 20212.6K3.6K
Jan 20222.8K2.7K
Feb 2022—806
Mar 20222.3K2.6K
Apr 20221.8K2.0K
May 20222.3K1.9K
Jun 2022869938
Jul 202220595
Aug 2022—887
Sep 2022—778
Oct 20222.6K911
Nov 2022—935
Dec 20221.5K1.1K
Jan 2023—881
Feb 2023—757
Mar 20231.6K1.1K
Apr 20231.2K1.1K
May 20231.5K1.4K
Jun 2023—742
Jul 2023—1.0K
Aug 20231.9K957
Sep 2023—995
Oct 20233.4K1.8K
Nov 2023—1.8K
Dec 20231.8K912
Jan 20241.8K2.3K
Feb 20242.5K2.5K
Mar 20242.3K1.5K
Apr 2024—1.1K
May 20241.8K1.1K
Jun 20241.9K1.1K
Jul 20242.1K1.4K
Aug 20241.8K1.5K
Sep 2024—1.2K
Oct 20241.8K1.7K
Nov 20241.8K1.8K
Dec 2024—2.0K
Jan 20252.4K2.4K
Feb 20251.6K1.2K
Mar 20251.8K2.1K
Apr 20252.0K1.3K
May 20251.6K1.8K
Jun 2025—1.7K
Jul 2025—1.8K
Aug 20251.1K2.0K
Sep 20252.8K1.6K
Oct 2025—1.2K
Nov 2025—1.4K
Dec 2025—1.8K
Jan 20262.6K2.4K
Feb 20261.8K2.0K
Mar 20262.4K2.3K
Apr 2026—2.5K
May 2026—1.5K
Jun 20262.0K1.9K
Jul 20262.1K1.8K
Aug 20261.9K1.5K
Sep 20261.9K1.4K
Oct 2026—1.8K

Available properties

Available properties are units not yet registered with the Dubai Land Department. Availability can change quickly and some units may already be reserved. Click “Check Availability” and we will confirm the latest availability with you.

BedsCategoryFloorSizeBalcony
Commercial—1,707 sqft

Sold properties

BedsCategorySizeBalconyPricePrice /sqftDate
1Apartment712 sqft⃃ 2,128,330⃃ 2,989 /sqft29, Jun 2015
1Apartment548 sqft⃃ 1,462,206⃃ 2,668 /sqft01, Mar 2016
1Apartment682 sqft⃃ 1,100,400⃃ 1,613 /sqft05, Feb 2025
1Apartment548 sqft⃃ 1,025,118⃃ 1,871 /sqft12, May 2023
StudioApartment435 sqft⃃ 1,200,000⃃ 2,759 /sqft02, Nov 2015
StudioApartment446 sqft⃃ 1,195,000⃃ 2,679 /sqft01, Jul 2015
StudioApartment445 sqft⃃ 1,174,781⃃ 2,640 /sqft24, Mar 2022
StudioApartment379 sqft⃃ 1,099,500⃃ 2,901 /sqft04, Jun 2015
StudioApartment435 sqft⃃ 975,315⃃ 2,242 /sqft28, Mar 2024
1Apartment682 sqft⃃ 1,913,244⃃ 2,805 /sqft04, Jun 2015
1Apartment712 sqft⃃ 1,874,313⃃ 2,632 /sqft04, Jun 2015
1Apartment548 sqft⃃ 1,555,000⃃ 2,838 /sqft29, Jun 2015
1Apartment548 sqft⃃ 1,375,000⃃ 2,509 /sqft29, Oct 2015
StudioApartment530 sqft⃃ 1,600,574⃃ 3,020 /sqft11, Jun 2015
StudioApartment348 sqft⃃ 1,225,878⃃ 3,523 /sqft03, Sep 2019

Grand Central Real Estate Data – FAQ

  • What is the current property supply in Grand Central?

    Grand Central has a total residential supply of approximately 3 units. This represents completed and available inventory within the area.

  • How active is the real estate market in Grand Central?

    Grand Central recorded 11 property transactions over the last 12 months, indicating strong market liquidity and high investor activity compared to supply.

  • What is the average price /sqft in Grand Central?

    The median transaction price in Grand Central is ⃃ 1,950 /sqft , based on actual recorded sales transactions, not listing prices.

  • What rental yield can investors expect in Grand Central?

    The gross rental yield in Grand Central is approximately 5%, calculated using median rental income divided by median sale prices for comparable properties.

  • How much have property prices increased in Grand Central?

    Property prices in Grand Central have shown a capital appreciation of 8.49% year-over-year, based on median price per square foot comparisons between consecutive 12-month periods.

  • How many off-plan projects are currently in Grand Central?

    There are currently 0 active off-plan projects in Grand Central, reflecting strong developer activity and future supply pipeline.

  • What is the future supply pipeline in Grand Central?

    The total off-plan pipeline in Grand Central includes approximately 0 units, which will significantly impact future supply and pricing dynamics.

  • Is Grand Central a good area for property investment?

    Grand Central is considered a high-activity investment zone due to its strong transaction volume, competitive rental yield of around 5%, and steady capital appreciation. However, the large upcoming supply pipeline should be carefully considered when evaluating long-term price growth.

  • Are these figures based on listing prices or real transactions?

    All pricing, rental yield, and appreciation figures are based on actual transaction data, not listing prices. This provides a more accurate reflection of true market behavior.

  • How is capital appreciation calculated?

    Capital appreciation is calculated using the change in median price per square foot between two consecutive 12-month periods. This reflects market trends rather than changes in individual property values.

  • What does rental yield represent?

    Rental yield represents the annual rental income as a percentage of the property's purchase price. In Grand Central, this is 5%, indicating relatively strong income performance compared to global markets.