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

T224, Grand Views

Sold prices and rental history: sold 3 times, last in November 2020, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa T224 · DLD and Ejari recordsUpdated 25 November 2020
Last soldAED 3.5M25 November 2020
Current rentAED 100K /yr8 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T224, Grand Views

What is T224 worth today?

Last sold for AED 3,500,000 in 2020

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25 Nov 2020SoldReady
AED 3,500,000AED 910 per sqft
8 Nov 2020RentedNew contract
AED 100,000/yr12 months · AED 26 per sqft
13 Oct 2020SoldReady
AED 3,200,000AED 832 per sqft
28 Sep 2016Sold by developerOff-plan
AED 4,316,000AED 1,123 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 25 November 2020.

Key facts

Type
4-bed villa
Size
3,843 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 3.5M · November 2020
Community
Grand Views

About T224, Grand Views

T224 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. It last sold on 25 November 2020 for AED 3,500,000, or AED 910 per sqft, 7% above the AED 852 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 8 November 2020. The current contract, signed on 8 November 2020, is AED 100,000 a year: a gross yield of 2.9% on the 2020 price.

Sales and rents for T224 over time

Sales
Villa T224, 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, September 2016: AED 4,316,000 (AED 1,123 per sqft)Sold, October 2020: AED 3,200,000 (AED 832 per sqft)Sold, November 2020: AED 3,500,000 (AED 910 per sqft)

T224 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa T224, each contractTypical four-bed in Grand Views
100K200K300K2020202220242026Typical 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, November 2020: AED 100,000 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 T224 sits

All 298 4-beds →

T224 last sold in November 2020 at AED 910 per sqft, 7% above what four-beds in Grand Views were fetching at the time (AED 852). 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. T224's AED 100,000 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 →

T224, Grand Views in numbers

  • Sold 3 times: first on 28 September 2016 for AED 4,316,000, last on 25 November 2020 for AED 3,500,000 (AED 910 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 2.9%.
  • 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 25 November 2020.

Questions about T224, Grand Views

What did villa T224 last sell for?

AED 3,500,000 on 25 November 2020: AED 910 per sqft for 3,843 sqft. The villa has 3 registered sales; the first was AED 4,316,000 in September 2016.

What is the rent for villa T224?

AED 100,000 a year on the contract signed on 8 November 2020.

How big is villa T224?

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

What is villa T224 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 T224, Grand Views

Starts from the last sale price (AED 3.5M, 25 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

Plus AED 152,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →