Greygate Residences
Off-Plan

Greygate Residences

From AED 1.13M·Handover Mar 2028·20% down payment Payment
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AED 1.13M
Starting Price
Mar 2028
Handover
20% down payment
Payment Plan
1 BR · Apartments
Type

Project Overview

Greygate Residences is a modern and elegant residential complex by developer ADE Properties, which is located in the heart of the prestigious district of JVC. Greygate Residences includes a ground floor, 4 podium floors, 15 residential floors and a roof. This place perfectly combines modern design and natural beauty, making it a truly unforgettable experience. Spacious studios and one-bedroom apartments are available for purchase. Each residence is designed with attention to detail to create a space perfectly balanced in functionality and aesthetics. Greygate Residences is not only a residential complex, but also a center of life that creates a special atmosphere thanks to retail outlets and thoughtful amenities. Residents can enjoy the privacy of the outdoor pool, relax in the sauna, or work out in the state-of-the-art fitness center with indoor and outdoor gyms. For those who prefer quiet walks, there are landscaped areas and a cozy gazebo among the greenery, where you can spend time in the shade of trees. The location will allow residents to easily reach the main business and entertainment centers of Dubai. Just 15 minutes to Mall of The Emirates, 20 minutes to Dubai Marina and Downtown Dubai.

Project Specifications
DeveloperADE Properties
LocationJumeirah Village Circle (JVC)
Unit Types1 BR, Apartments
AreaJumeirah Village Circle (JVC)
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.

Projected Cap Rate
4.3%
NOI AED 48,652 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,444
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 73,288 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Greygate Residences launch basis1,253AED 1.13MCurrent launch / asking basis
Jumeirah Village Circle (JVC) ready-stock comps1,050AED 945,000Indicative resale benchmark
Jumeirah Village Circle (JVC) premium peer launches1,300AED 1.17MNew-launch peer set
Trophy alternative proxy1,500AED 1.35MHigher-end anchor for negotiation context

Gallery

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Greygate Residences official render 1

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Astraterra Properties

Official Documents

Download official marketing materials from ADE Properties.

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Payment Structure

20% down payment

Flexible Payment

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Floor Plans

Greygate Residences — 1 Bedroom Floor Plan

Amenities & Lifestyle

Adults Pool
Children’s pool
Covered gym
Jogging tracks
Kids Play Area
Landscaped garden
Lift
Lobby
Open air gym
Parking
Private pool
Recreational areas
Retail outlets
SPA
Sauna
Shared Pool
Shared gym
Shared gym & fitness
Sitting Area
Smart home
Yoga studio

Location

Jumeirah Village Circle (JVC)

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Jumeirah Village Circle (JVC)Jumeirah Village Circle (JVC)Dubai, UAE

Developer Track Record

01

Greygate Residences by ADE Properties

02

Located in Jumeirah Village Circle (JVC)

03

Starting from AED 1,127,500

04

Unit mix includes 1 BR, Apartments

05

Expected handover: Mar 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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