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4-bed · 3,646 sqftGrand Views, Meydan City · completed 2019

T005, Grand Views

Sold prices and rental history: sold 3 times, last in December 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa T005 · DLD and Ejari recordsUpdated 25 December 2023
Last soldAED 4.2M25 December 2023
Current rentAED 200K /yr1 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for T005, Grand Views

What is T005 worth today?

Last sold for AED 4,200,000 in 2023

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25 Dec 2023SoldReady
AED 4,200,000AED 1,152 per sqft
1 Jan 2023RentedRenewal
AED 200,000/yr12 months · AED 55 per sqft
1 Jan 2022RentedRenewal
AED 170,000/yr12 months · AED 47 per sqft
1 Jan 2021RentedNew contract
AED 155,000/yr12 months · AED 43 per sqft
19 Oct 2020SoldReady
AED 2,900,000AED 795 per sqft
18 Aug 2016Sold by developerOff-plan
AED 4,069,000AED 1,116 per sqft

Source: Dubai Land Department. Updated 25 December 2023.

Key facts

Type
4-bed villa
Size
3,646 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 4.2M · December 2023
Community
Grand Views

About T005, Grand Views

T005 is a four-bedroom villa of 3,646 sqft in Grand Views, a villa community in Meydan City completed in 2019 by G & Co Real Estate Development. It last sold on 25 December 2023 for AED 4,200,000, or AED 1,152 per sqft, 6% below the AED 1,229 four-beds in the community were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, renewed on 1 January 2023, is AED 200,000 a year: a gross yield of 4.8% on the 2023 price.

Sales and rents for T005 over time

Sales
Villa T005, each saleTypical four-bed in Grand Views
4M6M2016201920222025Typical sale price by year: 2016 AED 4,069,000; 2017 AED 4,069,000; 2018 AED 4,316,000; 2019 AED 3,800,000; 2020 AED 3,200,000; 2021 AED 3,487,500; 2022 AED 3,900,000; 2023 AED 4,500,000; 2024 AED 4,700,000; 2025 AED 5,950,000; 2026 AED 5,700,000Sold by developer, August 2016: AED 4,069,000 (AED 1,116 per sqft)Sold, October 2020: AED 2,900,000 (AED 795 per sqft)Sold, December 2023: AED 4,200,000 (AED 1,152 per sqft)

T005 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa T005, each contractTypical four-bed in Grand Views
200K300K2020202220242026Typical rent by year: 2020 AED 148,000; 2021 AED 160,000; 2022 AED 215,500; 2023 AED 247,500; 2024 AED 290,000; 2025 AED 305,000; 2026 AED 315,000New contract, January 2021: AED 155,000 a yearRenewal, January 2022: AED 170,000 a yearRenewal, January 2023: AED 200,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Grand Views, and where T005 sits

All 298 4-beds →

T005 last sold in December 2023 at AED 1,152 per sqft, 6% below what four-beds in Grand Views were fetching at the time (AED 1,229). Over the last 12 months four-beds sold for AED 5,400,000 to 6,200,000, around AED 1,563 per sqft, and rent for AED 252,000 to 350,000 a year. T005's AED 200,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
9 Feb 20265,850,000
23 Jan 20265,600,000
19 Jan 20265,700,000
13 Jan 20265,400,000
7 4-bed sales in the last 12 months

Grand Views

Community

468 villas, 4-bed to 6-bed in Meydan City, completed in 2019 by G & Co Real Estate Development. 8 sold in the last 12 months.

Typical price per sqft
AED 1,584
Typical sale
AED 5.78M
Typical rent
AED 320K /yr
Typical yield
5.3%
Grand Views, Meydan City: prices, sales and rents →

T005, Grand Views in numbers

  • Sold 3 times: first on 18 August 2016 for AED 4,069,000, last on 25 December 2023 for AED 4,200,000 (AED 1,152 per sqft).
  • Rented since January 2021 on 3 Ejari contracts, from AED 155,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2023 price is 4.8%.
  • Four-beds in Grand Views sold for AED 5,400,000–6,200,000 in the 12 months to November 2026; the community's median across all types is AED 1,584 per sqft.

Source: Dubai Land Department. Updated 25 December 2023.

Questions about T005, Grand Views

What did villa T005 last sell for?

AED 4,200,000 on 25 December 2023: AED 1,152 per sqft for 3,646 sqft. The villa has 3 registered sales; the first was AED 4,069,000 in August 2016.

What is the rent for villa T005?

AED 200,000 a year on the contract renewed on 1 January 2023. The previous contract, from January 2022, was AED 170,000; the villa has been rented since January 2021.

How big is villa T005?

3,646 sqft (338.7 sqm): a four-bedroom villa in Grand Views, completed in 2019.

What is villa T005 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Grand Views sold for AED 5,400,000 to 6,200,000 in the last 12 months, around AED 1,563 per sqft.

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Mortgage on T005, Grand Views

Starts from the last sale price (AED 4.2M, 25 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

Plus AED 181,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →