The Grove by Iman
- Completed 2024
- 13 floors
- 3 lifts
- 138 parking bays
- 3 pools
- Master developer Iman
A studio in The Grove by Iman costs a median AED 1.13M, rents long-let for AED 75,000/yr (6.7% gross), and returns 10.4% short-term at the assumed 70% occupancy.
Studio · typical price
1.13MAED
AED 2,681/sqft · +15.0% on a year
- Rent a year
- AED 75,000
- Gross yield
- 6.7%
Cost to buy, all inAED 1.20M
- Price
- AED 1.13M
- DLD fee 4%
- AED 45,000
- Agent 2% + VAT
- AED 23,625
- Trustee
- AED 4,200
Fees repaid by rent12 months
Is The Grove by Iman a good investment?Prices rising; rents are slipping and lots of new supply is coming
- Does it pay a good rent?6.7% gross, before the service charge (not on file) (Dubai median 6.8%)6.7%Fair
- Is it easy to let?50% of units signed a yearly lease in 12 months; the typical Dubai Hills Estate building manages 9%50%Fair
Dubai Hills Estate median 9% · top tenth from 56%The Grove by Iman · 50% Across 20 Dubai Hills Estate buildings with 40 or more units, the median signed annual leases on 9% of units in 12 months and the top tenth on 56% or more; The Grove by Iman is at 50%.
- Are rents going up?New studio leases: AED 80,000 a year ago, AED 75,000 now-6.3%Watch
- Are prices going up?Studio: AED 2,331/sqft a year ago, 2,681 now+15.0%Strength
- How fast do fees pay back?AED 72,825 in fees to buy a studio; rent covers it in 1.0 years1.0 yrs
- Can I sell easily?12 sales in 12 months, 10% of the tower (47 the year before)12Fair
- Is a lot being built nearby?3,559 apartments are planned in Dubai Hills Estate from 2026 to 2028, equal to 73% of the 4,869 homes let there today. Dubai Hills Estate supply by year →73%Watch
- Did earlier buyers gain?Up 45% for launch buyers, before fees+45.4%Context
Readings use published thresholds · studio figures, the most traded type · Data to 12 Oct 2026
The Grove by Iman prices and rents by unit typeA studio costs about AED 1.13M and rents for about AED 75,000 a year
Appreciation, rental income and short-term detail, by unit typeAppreciation, rental income and short-term detail, by unit type
Appreciation
Studio · price per sqft · Dubai Hills Estate
- 12-month change
- +15.0%
- 3 years
- +34.1% · +10.3%/yr
- Off-plan price gain, 2023–2025
- +33.7% · +15.6%/yr
Rental income
Studio · Dubai Hills Estate
- Gross yield
- 6.7%
- Median new rent
- AED 75,000/yr
- Yield vs area median
- -0.6 pts
- Yield vs Dubai (6.8%)
- -0.1 pts
- Yield rank, all unit types
- 4th of 12
- Renewal rent
- AED 72,000/yr
Short-term income
Studio · 70% occupancy · 7-night stays
- Median nightly rate
- AED 577
- Net revenue
- AED 117,535/yr
- vs long-let rent
- 1.6×
- Listings seen
- 1+
Price history and sales
As filed with the Land Department — data to 2026-10-12.
Sale price, AED (right axis) Rent on new leases, AED a year (left axis)
Chart data, Studio: Mar 2023, AED 842,976; latest, Sep 2026, AED 1,200,000; peak, Sep 2026, AED 1,200,000. Rent on new leases: Feb 2025, AED 110,000 a year; latest, Sep 2026, AED 64,000.
Did earlier buyers gain?
Median paid per sqft, all types, against today’s 2,720 · before fees
- Launch, 2023–25
- 1,870
- +45%
- 113 sales
- 3 years ago
- 1,860
- +46%
- 111 sales
- Previous 12 months
- 2,426
- +12%
- 47 sales
- Last 12 months
- 2,720
- today
- 12 sales
The change is what a buyer at each median would be up or down at today’s median. A shift in the unit mix can move a median without any unit changing price.
12 resales in the last 12 months, against 60 a year on average over 2023–2025.
12 resales in the last 12 months.
Short-term rates around The Grove by Iman
Median nightly rate on Airbnb for a 7-night stay, priced across the coming year.
Rows marked 500 m cluster widen to the surrounding listings because the building itself had too few of that type.
Nightly rate through the yearNightly rate through the year
Comparables in Dubai Hills Estate
Every Dubai Hills Estate building with a page, ranked by price per sqft over the same 12 months, all unit types. The Grove by Iman places 5th of 85; the nearest 8 are shown.
Rank 1 is the dearest per square foot. Differences are against The Grove by Iman (AED 2,720/sqft); yields need a publishable price and are blank where the recorded prices are share transfers.
Market context in Dubai Hills Estate
Registered sales activity
916 ready apartment sales in the 12 months to 2026-10-12.
+2.3% in median AED/sqft versus the preceding year, supported by 916 current and 1,057 prior price observations.
Explore sales activityPlanned apartment projects
507 known registered units across 3 pending projects planned within one year of the 2026-07-06 register.
0 projects had already passed their planned date; 3 have unknown timing.
Explore planned supplySupply against leasing, and same-building moves
3,559 apartments are planned in Dubai Hills Estate from 2026 to 2028, equal to 73% of the 4,869 homes let there today.
Ready prices per sqft fell in 53% of 40 buildings (counted once per bedroom type) in Dubai Hills Estate with sales in both years; the typical one moved −0.4%.
New-lease rents fell in 100% of 10 buildings (counted once per bedroom type) with leases in both years; the typical one moved −6.5%.
How these are countedDirect locality, all apartment bedroom types. Area context is not building performance. Planned dates are relative to the register date, not a delivery forecast; project unit counts can include mixed uses. Sales activity is not time on market or occupancy.
About The Grove by Iman
The Grove by Iman is an apartment building completed in 2024 by Iman in Dubai Hills Estate. 187 sales are registered with the Dubai Land Department.
The building, as registered
- Floors
- 13
- Lifts
- 3
- Parking bays
- 138
- Pools
- 3
- Master developer
- Iman
Drive times · typical
- Downtown
- 17 min · 14 km
- DXB Airport
- 19 min · 22 km
- DIFC
- 15 min · 17 km
- Dubai Marina
- 17 min · 16 km
- Palm Jumeirah
- 23 min · 20 km
Nearest, as registered
- Metro
- First Abu Dhabi Bank Metro Station
- Mall
- Mall of the Emirates
- Landmark
- Global Village
The Grove by Iman: AED 2,720 per sq ft, 14% above the median Dubai Hills Estate building, and a 7.4% gross yield, in the top tenth of the area
The building's own figures against its area's registered market, last twelve months.
Price per sq ft
Median registered sale price, AED per sq ft, last 12 months
- The Grove by ImanAED 2,720
- Dubai Hills Estate, readyAED 2,310
- Dubai Hills Estate, off-planAED 2,441
- Dubai, readyAED 1,421
Gross yield against the area's buildings
Axis: gross yield, % of price
The Grove by ImanDubai Hills Estate median building
- Dubai Hills Estate7.4% vs 5.8%
More from Iman
Sierra by Iman
Motor City · 535 sales, 12 months
1.31M
AED, resale median · 1,680/sqft
15 Cascade
Motor City · 153 sales, 12 months
1.56M
AED, resale median · 1,867/sqft
Oxford Gardens
Arjan · 64 sales, 12 months
845,000
AED, resale median · 1,803/sqft
One Sky Park by Iman
Jumeirah Village Circle · 47 sales, 12 months
870,000
AED, resale median · 1,628/sqft
Nearby in Dubai Hills Estate
Prices per sq ft around The Grove by Iman, on the mapPrices per sq ft around The Grove by Iman, on the map
Lime Gardens
Dubai Hills Estate · 59 sales, 12 months
2.52M
AED, resale median · 2,656/sqft
Hills Park
Dubai Hills Estate · 55 sales, 12 months
1.55M
AED, resale median · 2,229/sqft
Ellington House
Dubai Hills Estate · 49 sales, 12 months
2.39M
AED, resale median · 2,528/sqft
Golf Grand
Dubai Hills Estate · 48 sales, 12 months
2.17M
AED, resale median · 2,191/sqft
Before you decide
The facts that can change the return, each with the date it rests on.
- Sales and rents toOn record
- Sales evidence · StudioOn record
- Rental evidence · StudioOn record
- Service chargeNot on file, so the yield is gross. Current approved budgets are in DLD's Service Charge Index (Mollak), by project.Not on record
- Project registerOn record
- DeveloperOn record
- Short-term assumptionRead with care
- Building recordOn record
- Costs not includedNot in the yield
Rent or buy
What owning a studio here costs against renting it, at stated assumptions you can change.
Monthly cost of owning against renting, with your own deposit and rateMonthly cost of owning against renting, with your own deposit and rate
Prefilled from The Grove by Iman’s median sale price and annual rent, with the fees and growth rates listed in the breakdown as of . Change any figure.
More assumptionsFewer assumptions
The site does not hold this building’s service charge; type yours to include it. Residency sets the default down payment: typical bank floor, not a rule.
- Monthly mortgage
- 5,002AED
- 4.5% over 25 years
- Monthly rent
- 6,250AED
- AED 75,000 a year
- Cash needed at purchase
- 312,075AED
- 20% down plus AED 87,075 in fees
Owning costs AED 273,335 less than renting over 5 years, once the sale is counted.
Buying overtakes renting in year 2.
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Common questions
- What is the rental yield in The Grove by Iman?
- The Grove by Iman returns 6.7% gross: a median new-contract rent of AED 75,000 a year (23 Ejari contracts in 12 months) over a price benchmark of AED 1.13M (median of 7 sales in the last 12 months, latest Sept 2026), before service charge, agency fees or vacant months.
- How much does a studio in The Grove by Iman cost?
- The median registered sale price is AED 1.13M (2,681 AED/sqft), from 7 Dubai Land Department sales in the last 12 months. This is a price paid, not an asking price.
- What are apartments in The Grove by Iman selling for right now?
- Registered sales of ready units in The Grove by Iman over the last 12 months have a median of 2,681 AED/sqft, across 7 sales. That uses the same trailing year as the rent and yield figures, requires at least five sales, and excludes off-plan. Floor, view and condition move a specific unit's price around it.
- Have prices in The Grove by Iman risen or fallen?
- Median price per square foot moved +15.0% over the last 12 months against the 12 before it, on 7 sales with a price per square foot. On a sample this size, read the direction rather than the exact figure.
- How does The Grove by Iman compare with Dubai Hills Estate?
- Its 6.7% gross yield sits -0.6 pts against the Dubai Hills Estate median of 7.2%, computed the same way at the same bedroom grain. Gross yield divides the median annual rent from new registered Ejari contracts starting in the last 12 months by the median price of the building's registered sales in the last 12 months (at least 3 sales) for the same bedroom type, with ready and off-plan sales counted alike.
For agents
Send this page to a client as a branded report
The Grove by Iman sale record
- Record type
- Building-level property market record
- Data date
- · refreshed
- Evidence base
- 7 registered sales in the last 12 months for the default unit type
- Sources
- Dubai Land Department sale transactions and Ejari rental contracts; public Airbnb search results for forward short-term rates
- Canonical record
- /sale/apartments/dubai/dubai-hills-estate/the-grove-by-iman
Cite as: Dubai Wealth Index. “The Grove by Iman sale prices and yield.” Dubai Hills Estate, Dubai. Data to 2026-10-12. https://dubaiwealthindex.com/sale/apartments/dubai/dubai-hills-estate/the-grove-by-iman
Stable dataJSON