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

T031, Grand Views

Sold prices and rental history: sold twice, last in May 2024, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa T031 · DLD and Ejari recordsUpdated 16 July 2024
Last soldAED 4.98M28 May 2024
Current rentAED 290K /yr16 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T031, Grand Views

What is T031 worth today?

Last sold for AED 4,980,000 in 2024

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16 Jul 2024RentedNew contract
AED 290,000/yr12 months · AED 80 per sqft
28 May 2024SoldReady
AED 4,980,000AED 1,366 per sqft
1 Mar 2023RentedNew contract
AED 230,000/yr12 months · AED 63 per sqft
1 Mar 2022RentedNew contract
AED 215,000/yr12 months · AED 59 per sqft
16 Aug 2016Sold by developerOff-plan
AED 4,069,000AED 1,116 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 16 July 2024.

Key facts

Type
4-bed villa
Size
3,646 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 4.98M · May 2024
Community
Grand Views

About T031, Grand Views

T031 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 28 May 2024 for AED 4,980,000, or AED 1,366 per sqft, 9% above the AED 1,255 four-beds in the community were fetching at the time.

It has been rented since 2022 on 3 Ejari contracts. The current contract, signed on 16 July 2024, is AED 290,000 a year: a gross yield of 5.8% on the 2024 price.

Sales and rents for T031 over time

Sales
Villa T031, 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, May 2024: AED 4,980,000 (AED 1,366 per sqft)

T031 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa T031, 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, March 2022: AED 215,000 a yearNew contract, March 2023: AED 230,000 a yearNew contract, July 2024: AED 290,000 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 T031 sits

All 298 4-beds →

T031 last sold in May 2024 at AED 1,366 per sqft, 9% above what four-beds in Grand Views were fetching at the time (AED 1,255). 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. T031's AED 290,000 is in the lower half 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 →

T031, Grand Views in numbers

  • Sold twice: first on 16 August 2016 for AED 4,069,000, last on 28 May 2024 for AED 4,980,000 (AED 1,366 per sqft).
  • Rented since March 2022 on 3 Ejari contracts, from AED 215,000 to AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2024 price is 5.8%.
  • 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: YallaValue analysis of Dubai Land Department records. Updated 16 July 2024.

Questions about T031, Grand Views

What did villa T031 last sell for?

AED 4,980,000 on 28 May 2024: AED 1,366 per sqft for 3,646 sqft. The villa has 2 registered sales; the first was AED 4,069,000 in August 2016.

What is the rent for villa T031?

AED 290,000 a year on the contract signed on 16 July 2024. The previous contract, from March 2023, was AED 230,000; the villa has been rented since March 2022.

How big is villa T031?

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

What is villa T031 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 T031, Grand Views

Starts from the last sale price (AED 4.98M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,980,000
Deposit, UAE resident (20%)
AED 996,000
Deposit, non-resident (40%)
AED 1,992,000
Monthly over 25 years at 3.7%
AED 20,375

Plus AED 214,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →