Greygate Residences

Greygate Residences

By ADE Properties in Jumeirah Village Circle (JVC)

Apartments with built-in premium appliances in JVC, Dubai, a highly sought-after area for long-term rentals. A 30% post-handover payment plan over two years is available for apartments. The beach, DMCC Free Zone, and Dubai Marina are nearby. Prices are twice as low as in Marina and Downtown.

600,000 AED

Minimum cost

Q1 2028

Project completion

About Location
About Location

Greygate Residences — Location

Greygate Residences is situated in Jumeirah Village Circle (JVC), Dubai, a family-oriented neighborhood known for its parks, schools, and shopping centers. The area is attractive to investors due to its stable price growth. Between 2023 and early 2025, the prices of new one-bedroom apartments in JVC increased by 10–15%, while rental yields remain strong at 6–7%. Dubai continues to enhance JVC by developing social infrastructure and improving transport accessibility, reinforcing the district's long-term investment appeal.

While the area is less suitable for short-term investments due to strong resale market competition, long-term investments in studios and one-bedroom apartments remain highly profitable. This is largely driven by rising rental demand from young professionals and families. Public transport stops are within a short walking distance of about 5 to 10 minutes. Among the key nearby landmarks are Circle Mall, located 1.2 kilometers away and reachable within three minutes by car, and the Erudio Early Childhood Center, just 0.9 kilometers away.

The residences offer convenient access to major airports, with Dubai International Airport (DXB) situated 32.4 kilometers away, requiring approximately 35 minutes by car, while Al Maktoum International Airport (DWC) is about 45 kilometers away, with a travel time of around 50 minutes.

15 mins Sufouh Beach

22 mins DMCC Free Zone

20 mins Dubai Marina

25 mins Downtown Dubai & Burj Khalifa

35 mins Dubai International Airport (DXB)

50 mins Al Maktoum International Airport (DWC)

Greygate Residences — About the project

Greygate Residences, a residential complex by developer ADE Properties, is a 15-story project located in Jumeirah Village Circle (JVC), Dubai. The development consists of 223 apartments, including 149 studios and 74 one-bedroom units. Studio sizes start from 343 sq. ft. (32 sq. m), while one-bedroom apartments begin at 719 sq. ft. (67 sq. m). Prices start at 600,000 AED for studios and 1,010,000 AED for one-bedroom apartments. The price includes modern finishes, a smart home automation system, and at least one parking space. The internal infrastructure of the complex features adult and children's swimming pools, indoor and outdoor gyms, a sauna, a children's play area, and a relaxation zone with gazebos. Greygate Residences is located in JVC, a family-friendly neighborhood with parks, schools, and shopping centers, situated 20 km from Downtown Dubai. The area is particularly attractive for investors due to stable price growth, high rental yields, and Dubai authorities' plans for further infrastructure development.

Greygate Residences — Floor Plans

Studios Number of bedrooms
Apartments Number of bedrooms

Studio

600,000 AED

Bathrooms 1 Total area 343 sqft

Greygate Residences — Payment Plan

  • 20% 01

    Down payment

  • 45% 02

    During construction

  • 5% 03

    On handover in March 2028

  • 30% 04

    Post-handover for 2 years

Buy property at the developer prices

0%

our commission

Amenities

  • Adult and children's swimming pools
  • Indoor and outdoor gyms
  • Sauna
  • Children's play area
  • Relaxation gazebos
  • Smart home automation

    Smart home automation

    All apartments in Greygate Residences are equipped with an integrated smart home system, enabling centralized control of lighting, climate, and security. This enhances both comfort and energy efficiency.

  • Wide range of layouts

    Wide range of layouts

    Studios range from 343 to 684 sq. ft. (32–63.5 sq. m), while one-bedroom apartments vary from 719 to 1,263 sq. ft. (67–117 sq. m). The sizes cater to both compact living and families.

  • Premium kitchen appliances

    Premium kitchen appliances

    Kitchens in both studios and apartments at Greygate Residences are fitted with built-in appliances from premium brands, adding value to the property and improving the rental experience.

  • 2-year post-handover payment plan

    2-year post-handover payment plan

    Different payment plans are available for studios and one-bedroom apartments. For studios, the initial down payment is 20%, 50% is payable during construction, and 30% is due at handover in March 2028. For one-bedroom apartments, the payment structure is 20% down payment, 45% during construction, 5% at handover in March 2028, and 30% post-handover over 2 years.

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