4-bed · 3,843 sqftGrand Views, Meydan City · completed 2019

T116, Grand Views

Sold prices and rental history: sold once, by the developer in August 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa T116 · DLD and Ejari recordsUpdated 21 September 2024
Last soldAED 4.32M15 August 2016
Current rentAED 310K /yr21 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T116, Grand Views

What is T116 worth today?

Last sold for AED 4,316,000 in 2016

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21 Sep 2024RentedRenewal
AED 310,000/yr12 months · AED 81 per sqft
21 Sep 2023RentedNew contract
AED 310,000/yr12 months · AED 81 per sqft
1 Aug 2022RentedNew contract
AED 260,000/yr12 months · AED 68 per sqft
7 Mar 2021RentedRenewal
AED 165,000/yr12 months · AED 43 per sqft
7 Mar 2020RentedNew contract
AED 165,000/yr12 months · AED 43 per sqft
15 Aug 2016Sold by developerOff-plan
AED 4,316,000AED 1,123 per sqft

Source: Dubai Land Department. Updated 21 September 2024.

Key facts

Type
4-bed villa
Size
3,843 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 4.32M · August 2016
Community
Grand Views

About T116, Grand Views

T116 is a four-bedroom villa of 3,843 sqft in Grand Views, a villa community in Meydan City completed in 2019 by G & Co Real Estate Development. The developer sold it on 15 August 2016 for AED 4,316,000, or AED 1,123 per sqft, in line with the AED 1,116 four-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 21 September 2024, is AED 310,000 a year: a gross yield of 7.2% on the 2016 price.

Sales and rents for T116 over time

Sales
Villa T116, 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 4,316,000 (AED 1,123 per sqft)

T116 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa T116, 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 2020: AED 165,000 a yearRenewal, March 2021: AED 165,000 a yearNew contract, August 2022: AED 260,000 a yearNew contract, September 2023: AED 310,000 a yearRenewal, September 2024: AED 310,000 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 T116 sits

All 298 4-beds →

T116 last sold in August 2016 at AED 1,123 per sqft, in line with what four-beds in Grand Views were fetching at the time (AED 1,116). 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. T116's AED 310,000 is in the upper 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 →

T116, Grand Views in numbers

  • Sold once: by G & Co Real Estate Development on 15 August 2016 for AED 4,316,000, or AED 1,123 per sqft.
  • Rented since March 2020 on 5 Ejari contracts, from AED 165,000 to AED 310,000 a year.
  • At AED 310,000 a year the gross yield on the 2016 price is 7.2%.
  • 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 21 September 2024.

Questions about T116, Grand Views

What did villa T116 last sell for?

AED 4,316,000 on 15 August 2016, sold by the developer: AED 1,123 per sqft for 3,843 sqft. It is the only registered sale of the villa.

What is the rent for villa T116?

AED 310,000 a year on the contract renewed on 21 September 2024. The previous contract, from September 2023, was AED 310,000; the villa has been rented since March 2020.

How big is villa T116?

3,843 sqft (357.0 sqm): a four-bedroom villa in Grand Views, completed in 2019.

What is villa T116 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 T116, Grand Views

Starts from the last sale price (AED 4.32M, 15 August 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,316,000
Deposit, UAE resident (20%)
AED 863,200
Deposit, non-resident (40%)
AED 1,726,400
Monthly over 25 years at 3.7%
AED 17,658

Plus AED 186,282 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →