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

V071, Grand Views

Sold prices and rental history: sold twice, last in July 2022, and rented once, from August 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V071 · DLD and Ejari recordsUpdated 29 July 2022
Last soldAED 7.1M29 July 2022
Current rentAED 230K /yr1 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for V071, Grand Views

What is V071 worth today?

Last sold for AED 7,100,000 in 2022

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29 Jul 2022SoldReady
AED 7,100,000AED 1,102 per sqft
1 Aug 2020RentedNew contract
AED 230,000/yr12 months · AED 36 per sqft
13 Dec 2015Sold by developerOff-plan
AED 7,706,100AED 1,196 per sqft

Source: Dubai Land Department. Updated 29 July 2022.

Key facts

Type
6-bed villa
Size
6,439 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 7.1M · July 2022
Community
Grand Views

About V071, Grand Views

V071 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 29 July 2022 for AED 7,100,000, or AED 1,102 per sqft, in line with the AED 1,074 six-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 August 2020. The current contract, signed on 1 August 2020, is AED 230,000 a year: a gross yield of 3.2% on the 2022 price.

Sales and rents for V071 over time

Sales
Villa V071, 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 2015: AED 7,706,100 (AED 1,196 per sqft)Sold, July 2022: AED 7,100,000 (AED 1,102 per sqft)

V071 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa V071, 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 230,000 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 V071 sits

All 170 6-beds →

V071 last sold in July 2022 at AED 1,102 per sqft, in line with what six-beds in Grand Views were fetching at the time (AED 1,074). 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. V071's AED 230,000 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 →

V071, Grand Views in numbers

  • Sold twice: first on 13 December 2015 for AED 7,706,100, last on 29 July 2022 for AED 7,100,000 (AED 1,102 per sqft).
  • Rented since August 2020 on one Ejari contract, at AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2022 price is 3.2%.
  • 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 29 July 2022.

Questions about V071, Grand Views

What did villa V071 last sell for?

AED 7,100,000 on 29 July 2022: AED 1,102 per sqft for 6,439 sqft. The villa has 2 registered sales; the first was AED 7,706,100 in December 2015.

What is the rent for villa V071?

AED 230,000 a year on the contract signed on 1 August 2020.

How big is villa V071?

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

What is villa V071 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 V071, Grand Views

Starts from the last sale price (AED 7.1M, 29 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 7,100,000
Deposit, UAE resident (20%)
AED 1,420,000
Deposit, non-resident (40%)
AED 2,840,000
Monthly over 25 years at 3.7%
AED 29,048

Plus AED 303,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →