Griffin Real Estate Development L.L.C · UNDER CONSTRUCTION · Selling since 2018 · recent sales mostly off-plan
AED 1,756/sqft
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Not yet
No projection yet
Enter the size from the brochure or the floor plan. We price it against what homes of that size actually registered at in Ethan — not an asking price, and not this project’s overall median, which mixes every unit size together.
A year’s rent against what that size actually sold for in Ethan over the same twelve months. Prices are this project’s own registered sales. Rents marked this building are registered new tenancies in Ethan itself; the rest are homes of the same size in Meydan Avenue, used where Ejari did not name the building.
| Size | Costs now | Rents for | Gross yield | Sales behind it |
|---|---|---|---|---|
| 2 beds | AED 1.81M | AED 97,970/yrsame size in Meydan Avenue | 5.4% | 12 |
What it returns after service charges
We hold no filed budget for this one, so this starts from a placeholder rather than a measurement — it’s on the service charge invoice, or on RERA’s Service Charge Index. How to check it.
| Size | Charge / year | Rent after it | Gross | Net |
|---|---|---|---|---|
| 2 beds | AED 15,931 | AED 82,039 | 5.4% | 4.5% |
Still not the final number: agency commission on re-letting, and any month the home sits empty, both come out of net rent too. This subtracts the service charge only, because it is the one cost that is the same every year whether or not the home is let.
Gross yield: rent before costs. Service charges, agency commission, and any month the home sits empty all come out of it — in Dubai the service charge alone is commonly a fifth to a third of the rent, so treat these as the ceiling rather than the return.
Price vs. Meydan Avenue median
-48.0%
Priced at or below the area's real median.
Verify before you commit
Permit, title, broker license, escrow — the free official checks.
Verification guide →When Ethan completed in June 2026, 2 other other projects in Nad Al Shiba First were also completing within 6 months — a useful reference point for how crowded the handover window actually was. Separately, 21 more other projects in Nad Al Shiba First are still in the pipeline overall.
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