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

V162, Grand Views

Sold prices and rental history: sold 4 times, last in November 2023, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa V162 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 13M21 November 2023
Current rentAED 600K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for V162, Grand Views

What is V162 worth today?

Last sold for AED 13,000,000 in 2023

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1 Oct 2024RentedNew contract
AED 600,000/yr12 months · AED 93 per sqft
21 Nov 2023SoldReady
AED 13,000,000AED 2,018 per sqft
10 Aug 2022RentedNew contract
AED 430,000/yr12 months · AED 67 per sqft
18 Jul 2022SoldReady
AED 7,200,000AED 1,118 per sqft
2 Nov 2021SoldReady
AED 5,700,000AED 885 per sqft
27 Jun 2019Sold by developerReady
AED 5,500,000AED 854 per sqft

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

Key facts

Type
6-bed villa
Size
6,439 sqft
Developer
G & Co Real Estate Development
Completed
2019
Last sold
AED 13M · November 2023
Community
Grand Views

About V162, Grand Views

V162 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 21 November 2023 for AED 13,000,000, or AED 2,018 per sqft, 51% above the AED 1,335 six-beds in the community were fetching at the time.

It has been rented since 2022 on 2 Ejari contracts. The current contract, signed on 1 October 2024, is AED 600,000 a year: a gross yield of 4.6% on the 2023 price.

Sales and rents for V162 over time

Sales
Villa V162, 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, June 2019: AED 5,500,000 (AED 854 per sqft)Sold, November 2021: AED 5,700,000 (AED 885 per sqft)Sold, July 2022: AED 7,200,000 (AED 1,118 per sqft)Sold, November 2023: AED 13,000,000 (AED 2,018 per sqft)

V162 has sold 4 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa V162, 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 2022: AED 430,000 a yearNew contract, October 2024: 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 V162 sits

All 170 6-beds →

V162 last sold in November 2023 at AED 2,018 per sqft, 51% above 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. V162'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 →

V162, Grand Views in numbers

  • Sold 4 times: first on 27 June 2019 for AED 5,500,000, last on 21 November 2023 for AED 13,000,000 (AED 2,018 per sqft).
  • Rented since August 2022 on 2 Ejari contracts, from AED 430,000 to AED 600,000 a year.
  • At AED 600,000 a year the gross yield on the 2023 price is 4.6%.
  • 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 October 2024.

Questions about V162, Grand Views

What did villa V162 last sell for?

AED 13,000,000 on 21 November 2023: AED 2,018 per sqft for 6,439 sqft. The villa has 4 registered sales; the first was AED 5,500,000 in June 2019.

What is the rent for villa V162?

AED 600,000 a year on the contract signed on 1 October 2024. The previous contract, from August 2022, was AED 430,000.

How big is villa V162?

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

What is villa V162 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 V162, Grand Views

Starts from the last sale price (AED 13M, 21 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 13,000,000
Deposit, UAE resident (20%)
AED 2,600,000
Deposit, non-resident (40%)
AED 5,200,000
Monthly over 25 years at 3.7%
AED 53,187

Plus AED 551,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →