Greygate Residences — project image
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
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 48,652 / year
Cash-on-Cash
2.2%
Levered cashflow AED 11,444
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 518,650 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from ADE Properties.

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Payment Structure

20% down payment

Published payment summary

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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

Jumeirah Village Circle (JVC)

Developer and Project Facts

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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Property Enquiries

Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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