Greygate Residences Properties for Sale

Greygate Residences is a contemporary residential building by ADE Properties in Jumeirah Village Circle, one of Dubai’s most established mid market communities, delivered by a developer with a family legacy in the city since the 1950s. Rising across a ground level, podium and fifteen residential floors, the project delivers two hundred and twenty three homes, made up of one hundred and forty nine studios and seventy four one bedroom apartments, together with five ground floor retail units that give the building its own street level life. Completion is scheduled for March 2028. Studios are priced from AED 600,000 and one bedroom apartments from AED 1,010,000.

Greygate is designed for the way its residents actually live. Every home is fitted with integrated smart home technology, allowing control of lighting, climate, security and curtains from a single interface, bringing a level of specification usually reserved for more expensive stock. Interiors are planned to feel bright and efficient, making the most of each layout, while the building’s amenities extend the experience well beyond the front door.

The shared offer is generous for the segment. Residents have an adults swimming pool and a separate children’s pool, an indoor gym and an outdoor gym, a gazebo sitting area and further outdoor seating, a dedicated children’s play area and a sauna for post workout recovery. Taken together these facilities turn a studio or one bedroom home into part of a complete lifestyle, a quality that matters as much to tenants as to owners.

Location is a core part of the appeal. Jumeirah Village Circle is a mature community with schools, retail, dining and parks already in place, strong road connectivity to the rest of Dubai, and a long record of healthy occupancy and rental performance. For investors this combination of a proven location, an efficient unit mix and a well specified building supports dependable yield and liquidity. For end users it offers a connected, amenity rich home in a neighbourhood that already works.

Greygate’s focus on studios and one bedroom apartments makes it especially relevant to first time buyers and to investors building a portfolio of lettable homes, where the balance of entry price, running cost and tenant demand is decisive. The addition of ground floor retail further supports the building’s day to day convenience and long term value.

At Lux Abacus we work directly with ADE Properties on Greygate Residences, giving our clients clear information, preferential unit selection and guidance at every step. Our team can confirm current pricing by unit type, the payment plan and the handover timeline, secure the right unit and manage your purchase from reservation to completion with direct developer access throughout.

For investors in particular, the arithmetic of a studio led building in Jumeirah Village Circle is compelling. Entry prices sit well below those of apartments in Dubai’s prime districts, running costs are contained, and tenant demand from the professionals and couples who favour the community keeps occupancy high and voids short. The addition of a one bedroom tier and ground floor retail broadens the tenant pool further and gives the building a mix that should let and trade well across market cycles, reinforcing Greygate’s case as both a comfortable home and a resilient, income producing asset.