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

V029, Grand Views

Sold prices and rental history: sold once, by the developer in May 2016, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V029 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 8.16M2 May 2016
Current rentAED 650K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V029, Grand Views

What is V029 worth today?

Last sold for AED 8,159,400 in 2016

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1 Jul 2024RentedNew contract
AED 650,000/yr12 months · AED 101 per sqft
5 Jun 2023RentedNew contract
AED 600,000/yr12 months · AED 93 per sqft
20 Aug 2022RentedNew contract
AED 540,000/yr24 months · AED 84 per sqft
1 Oct 2021RentedNew contract
AED 385,535/yr24 months · AED 60 per sqft
1 Jul 2020RentedNew contract
AED 200,000/yr12 months · AED 31 per sqft
2 May 2016Sold by developerOff-plan
AED 8,159,400AED 1,267 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 July 2024.

Key facts

Type
6-bed villa
Size
6,439 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 8.16M · May 2016
Community
Grand Views

About V029, Grand Views

V029 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 2 May 2016 for AED 8,159,400, or AED 1,267 per sqft, in line with the AED 1,243 six-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 1 July 2024, is AED 650,000 a year: a gross yield of 8.0% on the 2016 price.

Sales and rents for V029 over time

Sales
Villa V029, 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, May 2016: AED 8,159,400 (AED 1,267 per sqft)

V029 has sold once; the dashed line is the six-bed median of each year in the community.

Rents
Villa V029, each contractTypical six-bed in Grand Views
250K500K2020202220242026Typical 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, July 2020: AED 200,000 a yearNew contract, October 2021: AED 385,535 a yearNew contract, August 2022: AED 540,000 a yearNew contract, June 2023: AED 600,000 a yearNew contract, July 2024: AED 650,000 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 V029 sits

All 170 6-beds →

V029 last sold in May 2016 at AED 1,267 per sqft, in line with what six-beds in Grand Views were fetching at the time (AED 1,243). 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. V029's AED 650,000 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 →

V029, Grand Views in numbers

  • Sold once: by G & Co Real Estate Development on 2 May 2016 for AED 8,159,400, or AED 1,267 per sqft.
  • Rented since July 2020 on 5 Ejari contracts, from AED 200,000 to AED 650,000 a year.
  • At AED 650,000 a year the gross yield on the 2016 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 1 July 2024.

Questions about V029, Grand Views

What did villa V029 last sell for?

AED 8,159,400 on 2 May 2016, sold by the developer: AED 1,267 per sqft for 6,439 sqft. It is the only registered sale of the villa.

What is the rent for villa V029?

AED 650,000 a year on the contract signed on 1 July 2024. The previous contract, from June 2023, was AED 600,000; the villa has been rented since July 2020.

How big is villa V029?

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

What is villa V029 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 V029, Grand Views

Starts from the last sale price (AED 8.16M, 2 May 2016). Switch to today's estimate once you have unlocked it.
Price
AED 8,159,400
Deposit, UAE resident (20%)
AED 1,631,880
Deposit, non-resident (40%)
AED 3,263,760
Monthly over 25 years at 3.7%
AED 33,383

Plus AED 347,705 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →