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

V016, Grand Views

Sold prices and rental history: sold 4 times, last in June 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V016 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 10.3M3 June 2024
Current rentAED 240K /yr23 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V016, Grand Views

What is V016 worth today?

Last sold for AED 10,300,000 in 2024

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3 Jun 2024SoldReady
AED 10,300,000AED 1,599 per sqft
7 Mar 2024SoldReady
AED 8,850,000AED 1,374 per sqft
23 Aug 2023RentedNew contract
AED 240,411/yr9 months · AED 37 per sqft
23 Aug 2020RentedNew contract
AED 215,000/yr12 months · AED 33 per sqft
10 Feb 2020SoldReady
AED 5,600,000AED 869 per sqft
25 Sep 2016Sold by developerOff-plan
AED 8,159,400AED 1,267 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
6-bed villa
Size
6,439 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 10.3M · June 2024
Community
Grand Views

About V016, Grand Views

V016 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. It last sold on 3 June 2024 for AED 10,300,000, or AED 1,599 per sqft, 14% above the AED 1,401 six-beds in the community were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 23 August 2023, is AED 240,411 a year: a gross yield of 2.3% on the 2024 price.

Sales and rents for V016 over time

Sales
Villa V016, 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, September 2016: AED 8,159,400 (AED 1,267 per sqft)Sold, February 2020: AED 5,600,000 (AED 869 per sqft)Sold, March 2024: AED 8,850,000 (AED 1,374 per sqft)Sold, June 2024: AED 10,300,000 (AED 1,599 per sqft)

V016 has sold 4 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa V016, 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, August 2020: AED 215,000 a yearNew contract, August 2023: AED 240,411 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 V016 sits

All 170 6-beds →

V016 last sold in June 2024 at AED 1,599 per sqft, 14% above what six-beds in Grand Views were fetching at the time (AED 1,401). 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. V016's AED 240,411 is at the bottom 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 →

V016, Grand Views in numbers

  • Sold 4 times: first on 25 September 2016 for AED 8,159,400, last on 3 June 2024 for AED 10,300,000 (AED 1,599 per sqft).
  • Rented since August 2020 on 2 Ejari contracts, from AED 215,000 to AED 240,411 a year.
  • At AED 240,411 a year the gross yield on the 2024 price is 2.3%.
  • 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: Dubai Land Department. Updated 3 June 2024.

Questions about V016, Grand Views

What did villa V016 last sell for?

AED 10,300,000 on 3 June 2024: AED 1,599 per sqft for 6,439 sqft. The villa has 4 registered sales; the first was AED 8,159,400 in September 2016.

What is the rent for villa V016?

AED 240,411 a year on the contract signed on 23 August 2023. The previous contract, from August 2020, was AED 215,000.

How big is villa V016?

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

What is villa V016 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 V016, Grand Views

Starts from the last sale price (AED 10.3M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 10,300,000
Deposit, UAE resident (20%)
AED 2,060,000
Deposit, non-resident (40%)
AED 4,120,000
Monthly over 25 years at 3.7%
AED 42,140

Plus AED 437,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →