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

V056, Grand Views

Sold prices and rental history: sold twice, last in May 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V056 · DLD and Ejari recordsUpdated 22 May 2023
Last soldAED 12.2M22 May 2023
Current rentAED 635K /yr1 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V056, Grand Views

What is V056 worth today?

Last sold for AED 12,200,000 in 2023

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22 May 2023SoldReady
AED 12,200,000AED 1,894 per sqft
1 Jul 2022RentedNew contract
AED 635,000/yr12 months · AED 99 per sqft
22 Apr 2021RentedNew contract
AED 200,000/yr12 months · AED 31 per sqft
15 Oct 2020Sold by developerReady
AED 6,000,000AED 931 per sqft

Source: Dubai Land Department. Updated 22 May 2023.

Key facts

Type
6-bed villa
Size
6,439 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 12.2M · May 2023
Community
Grand Views

About V056, Grand Views

V056 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 22 May 2023 for AED 12,200,000, or AED 1,894 per sqft, 59% above the AED 1,192 six-beds in the community were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, signed on 1 July 2022, is AED 635,000 a year: a gross yield of 5.2% on the 2023 price.

Sales and rents for V056 over time

Sales
Villa V056, each saleTypical six-bed in Grand Views
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, October 2020: AED 6,000,000 (AED 931 per sqft)Sold, May 2023: AED 12,200,000 (AED 1,894 per sqft)

V056 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V056, 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, April 2021: AED 200,000 a yearNew contract, July 2022: 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 V056 sits

All 170 6-beds →

V056 last sold in May 2023 at AED 1,894 per sqft, 59% above what six-beds in Grand Views were fetching at the time (AED 1,192). 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. V056'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 →

V056, Grand Views in numbers

  • Sold twice: first on 15 October 2020 for AED 6,000,000, last on 22 May 2023 for AED 12,200,000 (AED 1,894 per sqft).
  • Rented since April 2021 on 2 Ejari contracts, from AED 200,000 to AED 635,000 a year.
  • At AED 635,000 a year the gross yield on the 2023 price is 5.2%.
  • 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 22 May 2023.

Questions about V056, Grand Views

What did villa V056 last sell for?

AED 12,200,000 on 22 May 2023: AED 1,894 per sqft for 6,439 sqft. The villa has 2 registered sales; the first was AED 6,000,000 in October 2020.

What is the rent for villa V056?

AED 635,000 a year on the contract signed on 1 July 2022. The previous contract, from April 2021, was AED 200,000.

How big is villa V056?

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

What is villa V056 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 V056, Grand Views

Starts from the last sale price (AED 12.2M, 22 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 12,200,000
Deposit, UAE resident (20%)
AED 2,440,000
Deposit, non-resident (40%)
AED 4,880,000
Monthly over 25 years at 3.7%
AED 49,914

Plus AED 517,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →