Greygate Residences

Key facts

Handover

Q1 2028

Status

Under construction

Ownership

freehold

Property types

apartment

Availability

Available

Payment plan

Available units

Amenities

• Landscaped Gardens
• Gymnasium
• Restaurants
• Indoor Swimming Pool
• CCTV Security
• Barbecue Area
• Children's Play Area

Location

Greygate Residences sits in Greygate Residences by Ade.

Master plan

The developer’s own site plan for Greygate Residences, showing how the buildings, roads and open space sit together.

How Greygate Residences compares

Entry here is AED 657,225, against a median of AED 1.1M across the 68 priced projects in District 11, which puts it above 17 of them and below 50. The plan opens at 20% down, against a Dubai median of 10%, so it asks 10% more up front than the typical plan. Handover lands in Q1 2028, alongside 128 other projects completing in the same quarter. ADE Properties has 3 projects in our catalogue.

Measured across our own catalogue of Dubai off-plan projects, refreshed with the source listings. Entry price is the lowest advertised unit price in a project, not an average transaction value.

What you pay, and when

The published payment plan is 20% on booking, 45% during construction, 5% at handover and 30% after handover. At the AED 657,225 entry price, that is AED 131,000 to reserve a unit, AED 296,000 across the build, and AED 33,000 due on completion.

Dubai Land Department registration is charged at 4% of the purchase price on top, which is about AED 26,000 at this entry price. That 20% booking payment does not go to ADE Properties directly: under Dubai's Law 8 of 2007 a registered project holds it in a RERA-supervised escrow account, drawn down against certified construction progress.

What the entry price works out at

The cheapest unit with a published size is 396 square feet at AED 657,225, which works out at AED 1,660 per square foot. Stated sizes run from 396 to 722 square feet.

Ownership and residency

Greygate Residences is a freehold development, so a buyer of any nationality can own a unit outright and hold the title deed. The entry price is below the AED 2,000,000 property threshold for the 10 year UAE golden visa.

Who it suits

The development is apartments in studio to 1 bedroom layouts.

What is on site

Shared facilities recorded for Greygate Residences are the standard Dubai block: landscaped gardens, gymnasium, restaurants, indoor swimming pool, CCTV security, barbecue area and children's play area. 2 floor plans are published for it.

Frequently asked