Grove Ridge: what it actually trades at
Grove Ridge is a apartment development in Madinat Al Mataar with 156 registered salesin the current data window. Everything on this page comes from the registry: prices buyers actually paid, never asking prices or a brochure's ambitions.
Apartments, registered (Aug 2026)
| Layout | Median sold price | AED/sqft | Registered sales |
|---|---|---|---|
| 1 bedroom | AED 1.3M | 1,624 | 59 |
| 2 bedroom | AED 2.1M | 1,472 | 88 |
| All layouts | AED 2.0M | 1,624 | 156 |
Latest registered transaction: AED 3.5M on 2026-08-03.
Grove Ridge against Madinat Al Mataar
On apartments, Grove Ridge trades 2% below the Madinat Al Mataar median of AED 1,649/sqft. A premium says the market rates the building; a discount is either the opportunity or the warning, and telling those apart is the viewing.
Questions buyers ask about Grove Ridge
How much does an apartment in Grove Ridge cost?
The registered median across 156 sales is AED 2.0M, around AED 1,624 per square foot. That is what buyers actually paid at the Madinat Al Mataar registry, not an asking price. Bedroom-level medians are in the table above.
What was the last registered sale in Grove Ridge?
The most recent registered transaction in the current data window completed on 2026-08-03 at AED 3.5M. Registered sales appear here as the registry publishes them.
Is Grove Ridge expensive for Madinat Al Mataar?
On apartments it trades 2% below the Madinat Al Mataar area median of AED 1,649 per square foot. Whether that premium or discount is justified depends on the building: ask us for the honest read.