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

V031, Grand Views

Sold prices and rental history: sold 4 times, last in February 2024, and rented once, from January 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V031 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 6M1 February 2024
Current rentAED 600K /yr25 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V031, Grand Views

What is V031 worth today?

Last sold for AED 6,000,000 in 2024

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1 Feb 2024SoldReady
AED 6,000,000AED 931 per sqft
10 Feb 2023SoldReady
AED 6,000,000AED 931 per sqft
25 Jan 2023RentedNew contract
AED 600,000/yr12 months · AED 93 per sqft
25 Apr 2022SoldReady
AED 7,600,000AED 1,180 per sqft
4 Aug 2021Sold by developerReady
AED 6,920,000AED 1,074 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

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

About V031, Grand Views

V031 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 1 February 2024 for AED 6,000,000, or AED 931 per sqft, 30% below the AED 1,335 six-beds in the community were fetching at the time.

One Ejari contract is registered, from 25 January 2023. The current contract, signed on 25 January 2023, is AED 600,000 a year: a gross yield of 10.0% on the 2024 price.

Sales and rents for V031 over time

Sales
Villa V031, 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, August 2021: AED 6,920,000 (AED 1,074 per sqft)Sold, April 2022: AED 7,600,000 (AED 1,180 per sqft)Sold, February 2023: AED 6,000,000 (AED 931 per sqft)Sold, February 2024: AED 6,000,000 (AED 931 per sqft)

V031 has sold 4 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa V031, 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, January 2023: AED 600,000 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 V031 sits

All 170 6-beds →

V031 last sold in February 2024 at AED 931 per sqft, 30% below what six-beds in Grand Views were fetching at the time (AED 1,335). 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. V031's AED 600,000 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 →

V031, Grand Views in numbers

  • Sold 4 times: first on 4 August 2021 for AED 6,920,000, last on 1 February 2024 for AED 6,000,000 (AED 931 per sqft).
  • Rented since January 2023 on one Ejari contract, at AED 600,000 a year.
  • At AED 600,000 a year the gross yield on the 2024 price is 10.0%.
  • 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: Dubai Land Department. Updated 1 February 2024.

Questions about V031, Grand Views

What did villa V031 last sell for?

AED 6,000,000 on 1 February 2024: AED 931 per sqft for 6,439 sqft. The villa has 4 registered sales; the first was AED 6,920,000 in August 2021.

What is the rent for villa V031?

AED 600,000 a year on the contract signed on 25 January 2023.

How big is villa V031?

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

What is villa V031 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 V031, Grand Views

Starts from the last sale price (AED 6M, 1 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 6,000,000
Deposit, UAE resident (20%)
AED 1,200,000
Deposit, non-resident (40%)
AED 2,400,000
Monthly over 25 years at 3.7%
AED 24,548

Plus AED 257,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →