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

T056, Grand Views

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

Villa T056 · DLD and Ejari recordsUpdated 19 August 2024
Last soldAED 3.68M18 July 2022
Current rentAED 273K /yr19 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T056, Grand Views

What is T056 worth today?

Last sold for AED 3,675,000 in 2022

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19 Aug 2024RentedRenewal
AED 273,000/yr12 months · AED 75 per sqft
19 Aug 2022RentedNew contract
AED 260,000/yr24 months · AED 71 per sqft
18 Jul 2022SoldReady
AED 3,675,000AED 1,008 per sqft
15 Aug 2016Sold by developerOff-plan
AED 4,069,000AED 1,116 per sqft

Source: Dubai Land Department. Updated 19 August 2024.

Key facts

Type
4-bed villa
Size
3,646 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 3.68M · July 2022
Community
Grand Views

About T056, Grand Views

T056 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 18 July 2022 for AED 3,675,000, or AED 1,008 per sqft, in line with the AED 1,024 four-beds in the community were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, renewed on 19 August 2024, is AED 273,000 a year: a gross yield of 7.4% on the 2022 price.

Sales and rents for T056 over time

Sales
Villa T056, 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, July 2022: AED 3,675,000 (AED 1,008 per sqft)

T056 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa T056, 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, August 2022: AED 260,000 a yearRenewal, August 2024: AED 273,000 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 T056 sits

All 298 4-beds →

T056 last sold in July 2022 at AED 1,008 per sqft, in line with what four-beds in Grand Views were fetching at the time (AED 1,024). 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. T056's AED 273,000 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 →

T056, Grand Views in numbers

  • Sold twice: first on 15 August 2016 for AED 4,069,000, last on 18 July 2022 for AED 3,675,000 (AED 1,008 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 260,000 to AED 273,000 a year.
  • At AED 273,000 a year the gross yield on the 2022 price is 7.4%.
  • 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 19 August 2024.

Questions about T056, Grand Views

What did villa T056 last sell for?

AED 3,675,000 on 18 July 2022: AED 1,008 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 T056?

AED 273,000 a year on the contract renewed on 19 August 2024. The previous contract, from August 2022, was AED 260,000.

How big is villa T056?

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

What is villa T056 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 T056, Grand Views

Starts from the last sale price (AED 3.68M, 18 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,675,000
Deposit, UAE resident (20%)
AED 735,000
Deposit, non-resident (40%)
AED 1,470,000
Monthly over 25 years at 3.7%
AED 15,036

Plus AED 159,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →