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

T248, Grand Views

Sold prices and rental history: sold once, by the developer in October 2016, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa T248 · DLD and Ejari recordsUpdated 1 November 2024
Last soldAED 4.48M25 October 2016
Current rentAED 352K /yr1 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for T248, Grand Views

What is T248 worth today?

Last sold for AED 4,482,000 in 2016

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1 Nov 2024RentedRenewal
AED 352,000/yr12 months · AED 92 per sqft
1 Nov 2022RentedNew contract
AED 325,000/yr12 months · AED 85 per sqft
25 Oct 2016Sold by developerOff-plan
AED 4,482,000AED 1,166 per sqft

Source: Dubai Land Department. Updated 1 November 2024.

Key facts

Type
4-bed villa
Size
3,843 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 4.48M · October 2016
Community
Grand Views

About T248, Grand Views

T248 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 25 October 2016 for AED 4,482,000, or AED 1,166 per sqft, 4% above the AED 1,116 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 1 November 2024, is AED 352,000 a year: a gross yield of 7.8% on the 2016 price.

Sales and rents for T248 over time

Sales
Villa T248, 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, October 2016: AED 4,482,000 (AED 1,166 per sqft)

T248 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa T248, 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, November 2022: AED 325,000 a yearRenewal, November 2024: AED 352,000 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 T248 sits

All 298 4-beds →

T248 last sold in October 2016 at AED 1,166 per sqft, 4% above 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. T248's AED 352,000 is at the top 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 →

T248, Grand Views in numbers

  • Sold once: by G & Co Real Estate Development on 25 October 2016 for AED 4,482,000, or AED 1,166 per sqft.
  • Rented since November 2022 on 2 Ejari contracts, from AED 325,000 to AED 352,000 a year.
  • At AED 352,000 a year the gross yield on the 2016 price is 7.8%.
  • 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 1 November 2024.

Questions about T248, Grand Views

What did villa T248 last sell for?

AED 4,482,000 on 25 October 2016, sold by the developer: AED 1,166 per sqft for 3,843 sqft. It is the only registered sale of the villa.

What is the rent for villa T248?

AED 352,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2022, was AED 325,000.

How big is villa T248?

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

What is villa T248 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 T248, Grand Views

Starts from the last sale price (AED 4.48M, 25 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 4,482,000
Deposit, UAE resident (20%)
AED 896,400
Deposit, non-resident (40%)
AED 1,792,800
Monthly over 25 years at 3.7%
AED 18,337

Plus AED 193,254 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →