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

T240, Grand Views

Sold prices and rental history: sold 4 times, last in March 2021, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa T240 · DLD and Ejari recordsUpdated 4 March 2021
Last soldAED 3.78M4 March 2021
Current rentAED 180K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T240, Grand Views

What is T240 worth today?

Last sold for AED 3,775,000 in 2021

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4 Mar 2021SoldReady
AED 3,775,000AED 982 per sqft
1 Aug 2020RentedNew contract
AED 180,000/yr12 months · AED 47 per sqft
21 Jun 2020SoldReady
AED 3,175,000AED 826 per sqft
14 May 2020SoldReady
AED 3,000,000AED 780 per sqft
25 Jul 2016Sold by developerOff-plan
AED 4,316,000AED 1,123 per sqft

Source: Dubai Land Department. Updated 4 March 2021.

Key facts

Type
4-bed villa
Size
3,843 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 3.78M · March 2021
Community
Grand Views

About T240, Grand Views

T240 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 4 March 2021 for AED 3,775,000, or AED 982 per sqft, 19% above the AED 826 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 August 2020. The current contract, signed on 1 August 2020, is AED 180,000 a year: a gross yield of 4.8% on the 2021 price.

Sales and rents for T240 over time

Sales
Villa T240, 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, July 2016: AED 4,316,000 (AED 1,123 per sqft)Sold, May 2020: AED 3,000,000 (AED 780 per sqft)Sold, June 2020: AED 3,175,000 (AED 826 per sqft)Sold, March 2021: AED 3,775,000 (AED 982 per sqft)

T240 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa T240, 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 2020: AED 180,000 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 T240 sits

All 298 4-beds →

T240 last sold in March 2021 at AED 982 per sqft, 19% above what four-beds in Grand Views were fetching at the time (AED 826). 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. T240's AED 180,000 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 →

T240, Grand Views in numbers

  • Sold 4 times: first on 25 July 2016 for AED 4,316,000, last on 4 March 2021 for AED 3,775,000 (AED 982 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2021 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 4 March 2021.

Questions about T240, Grand Views

What did villa T240 last sell for?

AED 3,775,000 on 4 March 2021: AED 982 per sqft for 3,843 sqft. The villa has 4 registered sales; the first was AED 4,316,000 in July 2016.

What is the rent for villa T240?

AED 180,000 a year on the contract signed on 1 August 2020.

How big is villa T240?

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

What is villa T240 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 T240, Grand Views

Starts from the last sale price (AED 3.78M, 4 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,775,000
Deposit, UAE resident (20%)
AED 755,000
Deposit, non-resident (40%)
AED 1,510,000
Monthly over 25 years at 3.7%
AED 15,445

Plus AED 163,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →