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6-bed · 6,439 sqftGrand Views, Meydan City · completed 2019

V001, Grand Views

Sold prices and rental history: sold once, by the developer in December 2019, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V001 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 7.98M11 December 2019
Current rentAED 635K /yr22 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V001, Grand Views

What is V001 worth today?

Last sold for AED 7,978,080 in 2019

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22 May 2024RentedRenewal
AED 635,000/yr12 months · AED 99 per sqft
22 May 2023RentedNew contract
AED 625,000/yr12 months · AED 97 per sqft
11 Dec 2019Sold by developerReady
AED 7,978,080AED 1,239 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 May 2024.

Key facts

Type
6-bed villa
Size
6,439 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 7.98M · December 2019
Community
Grand Views

About V001, Grand Views

V001 is a six-bedroom villa of 6,439 sqft in Grand Views, a villa community in Meydan City completed in 2019 by G & Co Real Estate Development. The developer sold it on 11 December 2019 for AED 7,978,080, or AED 1,239 per sqft, 45% above the AED 854 six-beds in the community were fetching at the time.

It has been rented since 2023 on 2 Ejari contracts. The current contract, renewed on 22 May 2024, is AED 635,000 a year: a gross yield of 8.0% on the 2019 price.

Sales and rents for V001 over time

Sales
Villa V001, each saleTypical six-bed in Grand Views
5M7.5M10M2015201820212024Typical sale price by year: 2015 AED 8,008,300; 2016 AED 8,008,300; 2017 AED 8,461,600; 2019 AED 5,500,000; 2020 AED 5,600,000; 2021 AED 6,000,000; 2022 AED 7,400,000; 2023 AED 8,600,000; 2024 AED 10,300,000; 2025 AED 10,700,000Sold by developer, December 2019: AED 7,978,080 (AED 1,239 per sqft)

V001 has sold once; the dashed line is the six-bed median of each year in the community.

Rents
Villa V001, each contractTypical six-bed in Grand Views
200K400K600K2020202220242026Typical rent by year: 2020 AED 235,000; 2021 AED 337,500; 2022 AED 441,186; 2023 AED 540,000; 2024 AED 580,000; 2025 AED 603,750; 2026 AED 512,500New contract, May 2023: AED 625,000 a yearRenewal, May 2024: AED 635,000 a year

Annual rent on each registered contract; the dashed line is the six-bed median of each year in the community.

6-beds in Grand Views, and where V001 sits

All 170 6-beds →

V001 last sold in December 2019 at AED 1,239 per sqft, 45% above what six-beds in Grand Views were fetching at the time (AED 854). Over the last 12 months six-beds sold for AED 12,530,000, around AED 1,945 per sqft, and rent for AED 504,000 to 1,200,000 a year. V001's AED 635,000 is in the lower half of that range.

Recent 6-bed salesVilla no.Price (AED)Summary
21 Nov 202512,530,000
5 Nov 202512,800,000
22 Oct 202510,500,000
24 Sep 202510,200,000
1 6-bed sale 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 →

V001, Grand Views in numbers

  • Sold once: by G & Co Real Estate Development on 11 December 2019 for AED 7,978,080, or AED 1,239 per sqft.
  • Rented since May 2023 on 2 Ejari contracts, from AED 625,000 to AED 635,000 a year.
  • At AED 635,000 a year the gross yield on the 2019 price is 8.0%.
  • Six-beds in Grand Views sold for AED 12,530,000–12,530,000 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 22 May 2024.

Questions about V001, Grand Views

What did villa V001 last sell for?

AED 7,978,080 on 11 December 2019, sold by the developer: AED 1,239 per sqft for 6,439 sqft. It is the only registered sale of the villa.

What is the rent for villa V001?

AED 635,000 a year on the contract renewed on 22 May 2024. The previous contract, from May 2023, was AED 625,000.

How big is villa V001?

6,439 sqft (598.2 sqm): a six-bedroom villa in Grand Views, completed in 2019.

What is villa V001 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Grand Views sold for AED 12,530,000 to 12,530,000 in the last 12 months, around AED 1,945 per sqft.

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Mortgage on V001, Grand Views

Starts from the last sale price (AED 7.98M, 11 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 7,978,080
Deposit, UAE resident (20%)
AED 1,595,616
Deposit, non-resident (40%)
AED 3,191,232
Monthly over 25 years at 3.7%
AED 32,641

Plus AED 340,089 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →