Price from
AED 580K
Starting price for New Project by Grid Properties.

New Launch
New Project by Grid Properties in Al Barsha launches with micro-studios at AED 580K (29.73 sqm, AED 19,509 per sqm) and one-bedrooms at AED 990K (60.
What the current data says
Project shortlist
Get a sharper read on this launch
Data coverage
We publish what our pipeline can verify today. Gaps below are on the backlog.
Price from
AED 580K
Starting price for New Project by Grid Properties.
Completion
TBA
Tracked completion target for New Project by Grid Properties.
Related projects
6
Nearby launches and other Grid Properties projects.
New Project by Grid Properties enters Al Barsha with micro-studios from AED 580K and one-bedrooms from AED 990K — both at fixed pricing with no observed range variation. Handover is TBA, which makes this a commitment without a confirmed delivery timeline. The studio footprint of 29.73 sqm sits below the district average for studio inventory, and per-sqm pricing reaches AED 19,509 at the top of the observed band. Those two variables need resolution before this launch earns selection status against competing Al Barsha off-plan projects.
Both configurations in New Project by Grid Properties carry fixed pricing with no observed variation within each type. The micro-studio at 29.73 sqm is priced at AED 580K, placing entry cost at AED 19,509 per sqm — the top of the project's observed band of AED 15,289 to AED 19,509. The one-bedroom at 60.39 sqm is priced at AED 990K, equating to AED 16,394 per sqm and sitting in the mid-range of that band. Neither price includes the 6% buyer-side fee: AED 34,800 on the studio and AED 59,400 on the one-bedroom are immediate additional acquisition costs that must be factored into total capital deployed from day one.
The micro-studio footprint is the more consequential pricing variable. Al Barsha's established rental market is calibrated around studio inventory in the 35 to 50 sqm range. A sub-30 sqm unit faces a narrower tenant pool and potentially lower achievable rent per unit, even where per-sqm rents are competitive, because rental demand in the district is driven by knowledge-sector professionals who typically expect functional living space rather than micro-format accommodation. For yield-focused investors, the one-bedroom at 60.39 sqm offers a more liquid footprint and a larger comparables set for underwriting projected returns. With handover TBA on both types, buyers should also model the full cost of capital across the construction period before committing. Compare off-plan versus ready options to assess whether the payment plan structure justifies TBA delivery risk at these per-sqm entry points.
Al Barsha is one of Dubai's most established mid-market residential corridors, anchored by Mall of the Emirates and directly served by the Mall of the Emirates Metro station on the Red Line. That connectivity places the district within a single-change commute of Dubai Marina, Jumeirah Lakes Towers, and the CBD, making it a practical residential base for professionals who want metro access without waterfront pricing. The tenant base draws consistently from Dubai Media City, Dubai Internet City, and the Education City cluster — a knowledge-sector demographic that generates resilient demand for well-positioned one-bedroom and studio stock.
For investors, Al Barsha's rental market is mature rather than speculative. Capital appreciation is steadier than in high-volatility zones such as Downtown Dubai or Palm Jumeirah, but yields on quality one-bedroom inventory have historically been competitive, reflecting genuine end-user demand rather than speculative occupancy. The district's off-plan pipeline has expanded over recent cycles, which increases supply competition for investors relying on rental absorption at or near launch. A micro-studio at 29.73 sqm enters a sub-segment of this market with less proven precedent in Al Barsha than conventional studio or one-bedroom formats. Rental achievability for sub-30 sqm units is more tenant-profile-dependent than area-dependent, and local property managers should be consulted for current asking rents on comparable footprints before capital is committed.
Grid Properties is running multiple concurrent launches, and comparing them directly gives a more accurate picture of the developer's pricing consistency and delivery track record than evaluating this project in isolation. Azure Park Residences is one of the developer's most-compared active launches and offers a different unit mix and geographic positioning worth pricing against New Project by Grid Properties before deciding. The Central Uptown is another Grid Properties project in the active portfolio that may differ on footprint, handover certainty, or location fundamentals relevant to a buyer's specific investment criteria.
When a developer carries a TBA handover date on a launch, the most reliable indicator of delivery confidence is its track record of completions — not the specifications of the project under evaluation. Buyers should ask Grid Properties for a list of previously delivered projects, request access to unit inspection records from completed buildings, and speak directly with owners from earlier phases before signing an SPA. Reviewing all active off-plan projects across the developer's announced pipeline alongside its completed inventory is the most efficient way to stress-test delivery risk before capital is committed to any TBA-date launch.
Buyers pricing New Project by Grid Properties should run direct comparisons with other Al Barsha off-plan launches before finalising a selection. Urban Horizon, Sunvale, and Bliss Tower are active launches in the same area and price tier, each offering a different entry point, unit mix, or handover certainty that may resolve the TBA timing concern that currently limits underwriting precision on this project. Differences in developer track record, payment plan structure, and per-sqm pricing across these alternatives can materially affect risk-adjusted return expectations.
If Al Barsha as a location is still under evaluation alongside other districts, the full Al Barsha area guide covers transport infrastructure, rental market dynamics, and the competing off-plan supply pipeline with enough specificity to support a location decision. For buyers weighing multiple districts simultaneously, reviewing all live off-plan launches by price bracket and handover date provides the clearest selection foundation. General guidance on payment plans, DLD fees, and mortgage eligibility for off-plan purchases is covered in the Dubai off-plan buying guide.

At AED 19,509 per sqm, the micro-studio in New Project by Grid Properties is priced at the top of the project's own observed band and at a premium to what most Al Barsha studio comparables achieve per sqm. Standard Al Barsha studios run 35 to 50 sqm; a sub-30 sqm unit carries lower absolute entry cost but faces real rental and resale competition from larger established inventory in the same district. Yield-focused buyers should model achievable rents for this specific footprint — not district-average studio rents — before committing capital.
TBA completion means Grid Properties has not published a confirmed delivery date. Payment plans on TBA projects are typically milestone-based rather than date-tied, extending the period during which your capital is locked and removing the ability to plan a rental start or resale window with certainty. Before signing, request a draft SPA and full payment schedule from the developer. Stress-test your model against a scenario where completion runs 12 to 18 months beyond any indicative verbal timeline, and account for the cost of capital across that full period.
6% sits above the typical off-plan fee range in Dubai, where many primary market transactions clear at 2 to 4% or are fee-free through the developer's own sales channel. Confirm in writing whether the 6% applies to a third-party sales advisor arrangement or is Grid Properties' own listed fee. Engaging the developer directly may reduce or eliminate the agent cost — on the AED 580K studio, 6% adds AED 34,800 before DLD transfer fees, meaningfully shifting your total acquisition figure and break-even timeline.

by Azure Premier Development
Starting from
AED 780K

by Aqua
Starting from
AED 720K

by Arete Developments
Starting from
AED 641.3K

by Arthouse Hills Residences Development
Starting from
AED 869.9K