Is this paragraph grammatically correct ?

My family consists of my father, mother, elder sister, elder brother, and me, the youngest in the family. My father is a businessman and my mother is a homemaker. Both my sister and brother are married and live in the UAE with their families and children. Our native place is Vyttila and we live near the town. My father is in the timber business; I am currently assisting him administratively. We are financially well settled and own many land properties and buildings around Vyttila.

No, it should be corrected: "My family consists of my father, mother, elder sister, elder brother and me, being youngest person in it. My father is a businessman, and my mother is a homemaker. Both of my two siblings are married and settled in UAE, with their family members. Our native place is Vytilla, and we live near its town. My father is into timber business with me currently assisting him to run the business. We are financially well settled, while having many land properties and buildings around Vytilla."

Hi, your paragraph seems generally speaking OK. There is however one point regarding the sentence :"Our native place is vytilla and lives near the vytilla town." the verb "live" needs a subject, may be you mean "we live ...". You now " I " is always capitalized as a subject pronoun. one more thing, you have used "and' quite a lot to join your sentences. Good Luck!

it sounds okay to me