Greygate Residences by ADE Properties, developer's renderOff-plan · Freehold
Jumeirah Village Circle · Dubai

Greygate Residences

by ADE Properties · handover Q1 2028

AED 657Kstarting price today
AED 1,407registered per sq ft
31sales in 12 months
228units
Q1 2028Planned handover
ADE PropertiesDeveloper
228Units registered
Registered, not startedConstruction
FreeholdOwnership
3232DLD project number
Studio to 1 bedroomsHomes on offer
About the project

Greygate Residences, in plain numbers.

Greygate Residences is an off-plan residential project by ADE Properties in Jumeirah Village Circle (Al Barsha South Fourth), Dubai. It is registered with the Dubai Land Department as project 3232, a greygate residences by ade is a contemporary building located in jumeirah village circle, featuring g+4p+15f+r of residential spaces offering a diverse range of living options including studios and 1b scheme, with works dated from November 2024. Handover is planned for Q1 2028. 228 units are registered, mostly Studio homes of about 431 sq ft and one-bedroom homes of about 829 sq ft. The register shows 219 sales since September 2025, 31 of them in the last twelve months, at a median of AED 1,407 per sq ft.

Our view
  • Entry price under AED 1.2M
  • 5% above ready resales in Al Barsha South Fourth per sq ft
  • 31 registered sales in 12 months

Registered projects only. Every project we show is registered with the Dubai Land Department; payments go into a RERA-supervised escrow account in the developer's name.

Prices and units

What is in Greygate Residences.

Units by type from the Land Department's register, the prices they have sold at, and the developer’s price list on request.

TypeUnits in the projectTypical sizeRegistered sales, 2 yearsMedian priceAED / sq ft
Studio149431 sq ft147AED 662,4001,542
1 bedroom74829 sq ft66AED 1,094,1881,366

Matched to the Land Department project Greygate Ade (project no. 3232).

Payment plan

How you pay.

  1. 20%
    On booking20% of the price, about AED 131K on the starting price
  2. 45%
    Instalment 145% of the price, about AED 296K on the starting price
  3. 5%
    Instalment 25% of the price, about AED 33K on the starting price
  4. 30%
    On handover30% of the price, about AED 197K on the starting price

A post-handover plan is also offered, where part of the price is paid after you receive the keys; ask us for its schedule.

Payment plan 20/45/5/30 as published by the developer, checked 26 Sept 2026. Plans change during a launch; we confirm the current one in writing before you reserve.

From the Land Department register

What Greygate Residences actually sells for.

Registered sale prices, not the developer's list prices.

AED 1,407median per sq ft, last 12 months
26sales registered in 12 months
219sales registered in total, since September 2025
+5%against ready homes in Al Barsha South Fourth (AED 1,341 per sq ft)
1,1001,2001,3001,4001,5001,6001,700 2025 Q1: AED 1,399 per sq ft, 10 sales2025 Q2: AED 1,511 per sq ft, 104 sales2025 Q3: AED 1,463 per sq ft, 76 sales2025 Q4: AED 1,407 per sq ft, 18 sales2026 Q1: AED 1,500 per sq ft, 4 sales2026 Q2: AED 1,211 per sq ft, 1 sale Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 0101047618410 sales
1,1001,2001,3001,4001,5001,6001,700 2025 Q1: AED 1,399 per sq ft, 10 sales2025 Q2: AED 1,511 per sq ft, 104 sales2025 Q3: AED 1,463 per sq ft, 76 sales2025 Q4: AED 1,407 per sq ft, 18 sales2026 Q1: AED 1,500 per sq ft, 4 sales2026 Q2: AED 1,211 per sq ft, 1 sale Q4 ’24Q1 ’25Q2 ’25Q3 ’25Q4 ’25Q1 ’26Q2 ’26Q3 ’26 0101047618410 sales
Median registered price per square foot each quarter; the bars below count the sales. The shaded band holds the middle 60% of sales over the last 12 months.
Most recent registered sales
DateBedroomsSq ftPriceAED / sq ftStage
27 Apr 20261 B/R1,066AED 1,291,5001,211Off-plan
16 Mar 20261 B/R801AED 1,120,3251,398Off-plan
16 Feb 2026Studio410AED 690,5001,684Off-plan
11 Feb 2026Studio217AED 347,7501,601Off-plan
10 Feb 20261 B/R772AED 1,060,8751,374Off-plan
15 Dec 2025Studio434AED 696,5001,604Off-plan
15 Dec 2025Studio413AED 692,5001,678Off-plan
12 Dec 20251 B/R1,068AED 1,309,9501,226Off-plan

Source: Dubai Land Department open data, matched by the registered project name. Unit numbers are never shown.

Location

Where it is.

Jumeirah Village Circle, Dubai.

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Buying off-plan in Dubai

What it costs beyond the price.

  • Land Department registration (Oqood): 4% of the price, usually paid with the booking instalment, plus the developer's small registration fee.
  • No agency fee to you when you buy from the developer: the developer pays our commission.
  • Your payments go into the project's escrow account, released to the developer as construction is certified.
  • At handover: service charges start, and a mortgage can finance the final payment if the plan allows it.

General guidance; we confirm every fee for this project in writing before you reserve.

Good to know

Questions people ask.

When is Greygate Residences handed over?

The developer plans handover for Q1 2028. Launch dates can move, and we track the registered progress for you.

Who is the developer of Greygate Residences?

ADE Properties (registered as A D E Properties L.L.C). The project is registered with the Dubai Land Department as number 3232.

What is the payment plan for Greygate Residences?

20% on booking, 45% instalment 1, 5% instalment 2, 30% on handover. We confirm the current plan in writing before you reserve.

What is the price per square foot in Greygate Residences?

Registered sales over the last 12 months have a median of AED 1,407 per sq ft, against about AED 1,341 for ready homes in Al Barsha South Fourth.

Can foreigners buy in Greygate Residences?

Yes. Greygate Residences is freehold, so buyers of any nationality can own the property outright, registered in their own name with the Land Department.

Is buying off-plan safe?

Payments for a registered off-plan project go into a RERA-supervised escrow account, and your purchase is registered with the Land Department (Oqood). We check the developer's completed projects and the registered sales before we recommend a project.

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