3-bed · 1,935 sqftJoy Townhouses, Arabian Ranches 3 · completed 2022

TH587, Joy Townhouses

Sold prices and rental history: sold twice, last in March 2022, and rented once, from November 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH587 · DLD and Ejari recordsUpdated 28 November 2024
Last soldAED 1.5M4 March 2022
Current rentAED 150K /yr28 November 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH587, Joy Townhouses

What is TH587 worth today?

Last sold for AED 1,500,000 in 2022

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28 Nov 2024RentedNew contract
AED 150,000/yr12 months · AED 78 per sqft
4 Mar 2022SoldOff-plan
AED 1,500,000AED 775 per sqft
24 Nov 2019Sold by developerOff-plan
AED 1,334,888AED 690 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 November 2024.

Key facts

Type
3-bed villa
Size
1,935 sqft
Developer
Emaar
Completed
2022
Last sold
AED 1.5M · March 2022

About TH587, Joy Townhouses

TH587 is a three-bedroom villa of 1,935 sqft in Joy Townhouses, a villa community in Arabian Ranches 3 completed in 2022 by Emaar. It last sold on 4 March 2022 for AED 1,500,000, or AED 775 per sqft, 6% above the AED 732 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 28 November 2024. The current contract, signed on 28 November 2024, is AED 150,000 a year: a gross yield of 10.0% on the 2022 price.

Sales and rents for TH587 over time

Sales
Villa TH587, each saleTypical three-bed in Joy Townhouses
2M3M20192021202320252027Typical sale price by year: 2019 AED 1,304,888; 2020 AED 1,317,888; 2021 AED 1,372,500; 2022 AED 1,600,000; 2023 AED 2,195,000; 2024 AED 2,427,500; 2025 AED 2,825,000; 2026 AED 2,900,000Sold by developer, November 2019: AED 1,334,888 (AED 690 per sqft)Sold, March 2022: AED 1,500,000 (AED 775 per sqft)

TH587 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH587, each contractTypical three-bed in Joy Townhouses
140K20232024202520262027Typical rent by year: 2023 AED 130,000; 2024 AED 136,250; 2025 AED 145,000; 2026 AED 154,356New contract, November 2024: AED 150,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Joy Townhouses, and where TH587 sits

All 318 3-beds →

TH587 last sold in March 2022 at AED 775 per sqft, 6% above what three-beds in Joy Townhouses were fetching at the time (AED 732). Over the last 12 months three-beds sold for AED 2,850,000 to 3,060,000, around AED 1,493 per sqft, and rent for AED 130,000 to 180,000 a year. TH587's AED 150,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Feb 20262,850,000
23 Jan 20263,060,000
15 Jan 20262,900,000
30 Oct 20253,000,000
3 3-bed sales in the last 12 months

Joy Townhouses

Community

486 villas, 3-bed to 4-bed in Arabian Ranches 3, completed in 2022 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 1,473
Typical sale
AED 3M
Typical rent
AED 160K /yr
Typical yield
5.2%
Joy Townhouses, Arabian Ranches 3: prices, sales and rents →

TH587, Joy Townhouses in numbers

  • Sold twice: first on 24 November 2019 for AED 1,334,888, last on 4 March 2022 for AED 1,500,000 (AED 775 per sqft).
  • Rented since November 2024 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 10.0%.
  • Three-beds in Joy Townhouses sold for AED 2,850,000–3,060,000 in the 12 months to November 2026; the community's median across all types is AED 1,473 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 28 November 2024.

Questions about TH587, Joy Townhouses

What did villa TH587 last sell for?

AED 1,500,000 on 4 March 2022: AED 775 per sqft for 1,935 sqft. The villa has 2 registered sales; the first was AED 1,334,888 in November 2019.

What is the rent for villa TH587?

AED 150,000 a year on the contract signed on 28 November 2024.

How big is villa TH587?

1,935 sqft (179.8 sqm): a three-bedroom villa in Joy Townhouses, completed in 2022.

What is villa TH587 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Joy Townhouses sold for AED 2,850,000 to 3,060,000 in the last 12 months, around AED 1,493 per sqft.

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Mortgage on TH587, Joy Townhouses

Starts from the last sale price (AED 1.5M, 4 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →