Grand Midwest Reve (Grand Central Hotel)

P1 — Delivered Ready Primary
Developer The First Group
Community Barsha Heights
Property type Apartment
Data updated Mar 23, 2026

Grand Midwest Reve (Grand Central Hotel) is a Delivered development by The First Group in Barsha Heights. 184 units across Studio (61%), 1 Bedroom (39%). Over the trailing 12 months, 257 sales at a median of AED 935,235.

Key Metrics
Median Price
Value
AED 935,235
Change
0.0% YoY
Transactions
Value
257
Change
12 in period
Price / sqft
Value
AED 1,940
Handover Status
Value
P1
Change
Delivered — ready sale recorded
Median Price
AED 935,235
0.0% YoY
Transactions
257
↑ 12 in period
Price / sqft
AED 1,940
Handover
P1
Delivered
Investment Analytics
Capital Return
Value
43.9%
Holding Period
Value
4.6 yrs
Liquidity
Value
6.5%
Ready Market Mix
Value
0.0%
Rental Activity
Value
0.5%
Capital Return
43.9%
Holding Period
4.6 yrs
Liquidity
6.5%
Ready Market Mix
0.0%
Rental Activity
0.5%

Rental Performance

Rental Volume
Value
5
Avg Annual Rent
Value
AED 30,889
New Leases
Value
100.0%
Renewals
Value
0.0%
Rental Volume
5
Avg Annual Rent
AED 30,889
New Leases
100.0%
Renewals
0.0%

Unit Mix

By bedroom type
Studio 112 units · 61%
1 Bedroom 72 units · 39%

Transaction Breakdown

All time — 257 transactions
Ready Primary
184
Ready Secondary
73

Price History

Median Price — Grand Midwest Reve (Grand Central Hotel)

Median prices in Grand Midwest Reve (Grand Central Hotel) have trended upward, rising 10% to AED 938K over the past 7 months.

Recent Transactions

Showing last 10 of 257
Date Type Price (AED) Size (sqft) AED/sqft
Mar 23, 2026 RP Secondary 950,000 379 2,503
Mar 11, 2026 RP Secondary 932,000 384 2,423
Mar 04, 2026 RP Secondary 938,469 547 1,712
Feb 17, 2026 RP Secondary 895,000 488 1,832
Jan 30, 2026 RP Secondary 1,000,000 382 2,616
Jan 30, 2026 RP Secondary 1,000,000 488 2,047
Sep 12, 2025 RP Secondary 1,070,000 375 2,845
Aug 21, 2025 RP Secondary 460,000 711 646
Aug 18, 2025 RP Secondary 771,400 527 1,461
May 05, 2025 RP Secondary 574,000 358 1,601

This project is in Barsha Heights

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