Grove Ridge, Madinat Al Mataar

    Sold Prices · DLD Data

    Grove Ridge

    Madinat Al Mataar, Dubai · Dubai World Central

    AED 1,658

    Avg Price / sqft

    AED 1.9M

    Avg Sale Price

    160

    DLD Sales Recorded

    8.8%

    Est. Gross Yield

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    Market snapshot

    Grove Ridge — the numbers

    Grove Ridge is a residential building in Madinat Al Mataar, Dubai with approximately 193 units. Dubai Land Department records show 160 sales in the building, at an average price of AED 1.9M — around AED 1,658 per square foot.

    Since February 2026, 160 sales completed in Grove Ridge, with the average price per square foot moving from AED 1,697 to AED 1,824 (+7.5%). That upward drift suggests sellers currently hold pricing power here.

    Benchmarked against average residential rents in Madinat Al Mataar, a typical unit in Grove Ridge returns an estimated 8.8% gross rental yield before service charges — a useful starting point for investors comparing towers across Madinat Al Mataar.

    Figures are from Dubai Land Department transaction records for Grove Ridge; individual units vary by floor, view and finish. Gross yield is estimated against average Madinat Al Mataar residential rents, before service charges.

    Price trend

    Price trend in Grove Ridge

    Average sale price per sqft by month since February 2026+7.5%

    1,5591,6731,786Feb 26: AED 1,697/sqft · 44 salesFeb 26Mar 26: AED 1,662/sqft · 87 salesMar 26Apr 26: AED 1,557/sqft · 13 salesApr 26May 26: AED 1,619/sqft · 7 salesMay 26Jun 26: AED 1,521/sqft · 3 salesJun 26Jul 26: AED 1,573/sqft · 4 salesJul 26Aug 26: AED 1,824/sqft · 2 salesAug 26

    Unit types

    Prices by unit type

    1 Bed

    AED 1.3M

    AED 1,623/sqft

    64 sales · last 12 months

    2 Bed

    AED 2.3M

    AED 1,655/sqft

    88 sales · last 12 months

    3 Bed

    AED 3.4M

    AED 1,973/sqft

    8 sales · last 12 months

    Transactions

    Recent sold prices

    DateTypeBedsSize (sqft)PriceAED/sqft
    17 Aug 2026Sales1825AED 1.4MAED 1,638
    03 Aug 2026Sales31,752AED 3.5MAED 2,010
    20 Jul 2026Sales1802AED 1.3MAED 1,609
    17 Jul 2026Sales21,665AED 2.1MAED 1,251
    10 Jul 2026Sales21,381AED 2.0MAED 1,466
    01 Jul 2026Sales21,365AED 2.7MAED 1,968
    09 Jun 2026Sales21,376AED 2.0MAED 1,473
    02 Jun 2026Sales21,381AED 2.0MAED 1,468
    01 Jun 2026Sales1789AED 1.3MAED 1,622
    18 May 2026Sales1802AED 1.3MAED 1,621
    13 May 2026Sales1789AED 1.3MAED 1,628
    11 May 2026Sales1802AED 1.3MAED 1,611
    05 May 2026Sales1789AED 1.3MAED 1,618
    05 May 2026Sales1825AED 1.4MAED 1,654
    01 May 2026Sales1802AED 1.3MAED 1,583
    01 May 2026Sales1789AED 1.3MAED 1,614
    15 Apr 2026Sales21,158AED 1.8MAED 1,561
    10 Apr 2026Sales1802AED 1.3MAED 1,601
    09 Apr 2026Sales1802AED 1.3MAED 1,636
    08 Apr 2026Sales1825AED 1.4MAED 1,651

    About the area

    Grove Ridge is in Dubai South

    Dubai South is an emerging urban development that aims to create a dynamic environment for residents and businesses alike. Spanning 145 square kilometers, this master-planned community is developed by Dubai South and is ideally situated near Al Maktoum International Airport, providing seamless access to major transport routes.

    Explore the Dubai South area guide

    Nearby

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    FAQ

    Grove Ridge: frequently asked questions

    What is the average price in Grove Ridge?

    The average recorded sale price in Grove Ridge, Madinat Al Mataar is AED 1.9M, around AED 1,658 per square foot, based on Dubai Land Department transaction data.

    Are prices in Grove Ridge going up or down?

    Average sale prices in Grove Ridge have risen +7.5% per square foot since February 2026, across 160 DLD-recorded sales.

    What rental yield can I expect in Grove Ridge?

    Based on average Madinat Al Mataar residential rents against sale prices in the building, a typical unit in Grove Ridge yields roughly 8.8% gross per year, before service charges and fees.

    How many properties have sold in Grove Ridge?

    160 sales have been recorded in Grove Ridge according to DLD data, across approximately 193 units.

    Considering Grove Ridge?

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