3-bed · 2,627 sqftGardenia Townhomes I - Wasl Gate, Jebel Ali First · completed 2020

TH-024, Gardenia Townhomes I - Wasl Gate

Sold prices and rental history: sold once, by the developer in September 2019, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH-024 · DLD and Ejari recordsUpdated 3 March 2024
Last soldAED 1.73M12 September 2019
Current rentAED 180K /yr3 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH-024, Gardenia Townhomes I - Wasl Gate

What is TH-024 worth today?

Last sold for AED 1,734,777 in 2019

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3 Mar 2024RentedRenewal
AED 179,517/yr12 months · AED 68 per sqft
3 Mar 2023RentedNew contract
AED 180,000/yr12 months · AED 69 per sqft
22 Dec 2021RentedRenewal
AED 130,000/yr12 months · AED 49 per sqft
22 Nov 2020RentedNew contract
AED 120,000/yr13 months · AED 46 per sqft
12 Sep 2019Sold by developerOff-plan · flagged as an outlier
AED 1,734,777AED 660 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 3 March 2024.

Key facts

Type
3-bed villa
Size
2,627 sqft
Developer
Wasl
Completed
2020
Last sold
AED 1.73M · September 2019

About TH-024, Gardenia Townhomes I - Wasl Gate

TH-024 is a three-bedroom villa of 2,627 sqft in Gardenia Townhomes I - Wasl Gate, a villa community in Jebel Ali First completed in 2020 by Wasl. The developer sold it on 12 September 2019 for AED 1,734,777, or AED 660 per sqft, 3% below the AED 681 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, renewed on 3 March 2024, is AED 179,517 a year: a gross yield of 10.3% on the 2019 price.

Sales and rents for TH-024 over time

Sales
Villa TH-024, each saleTypical three-bed in Gardenia Townhomes I - Wasl Gate
2M4M2019202120232025Typical sale price by year: 2019 AED 1,793,111; 2020 AED 1,950,000; 2021 AED 2,475,000; 2022 AED 2,908,000; 2023 AED 3,237,500; 2024 AED 3,750,000; 2025 AED 4,300,000

No registered sale of TH-024; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH-024, each contractTypical three-bed in Gardenia Townhomes I - Wasl Gate
150K200K2020202220242026Typical rent by year: 2020 AED 125,000; 2021 AED 130,000; 2022 AED 140,000; 2023 AED 160,000; 2024 AED 193,569; 2025 AED 210,000; 2026 AED 215,000New contract, November 2020: AED 120,000 a yearRenewal, December 2021: AED 130,000 a yearNew contract, March 2023: AED 180,000 a yearRenewal, March 2024: AED 179,517 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 Gardenia Townhomes I - Wasl Gate, and where TH-024 sits

All 155 3-beds →

TH-024 last sold in September 2019 at AED 660 per sqft, 3% below what three-beds in Gardenia Townhomes I - Wasl Gate were fetching at the time (AED 681). Over the last 12 months three-beds sold for AED 4,300,000, around AED 1,639 per sqft, and rent for AED 205,000 to 225,000 a year. TH-024's AED 179,517 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Dec 20254,300,000
31 Oct 20254,450,000
24 Oct 20254,400,000
31 Jul 20254,300,000
1 3-bed sale in the last 12 months

Gardenia Townhomes I - Wasl Gate

Community

257 villas, 3-bed to 4-bed in Jebel Ali First, completed in 2020 by Wasl. 2 sold in the last 12 months.

Typical price per sqft
AED 1,634
Typical sale
AED 4.63M
Typical rent
AED 220K /yr
Typical yield
5.0%
Gardenia Townhomes I - Wasl Gate, Jebel Ali First: prices, sales and rents →

TH-024, Gardenia Townhomes I - Wasl Gate in numbers

  • Sold once: by Wasl on 12 September 2019 for AED 1,734,777, or AED 660 per sqft.
  • Rented since November 2020 on 4 Ejari contracts, from AED 120,000 to AED 179,517 a year.
  • At AED 179,517 a year the gross yield on the 2019 price is 10.3%.
  • Three-beds in Gardenia Townhomes I - Wasl Gate sold for AED 4,300,000–4,300,000 in the 12 months to November 2026; the community's median across all types is AED 1,634 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 3 March 2024.

Questions about TH-024, Gardenia Townhomes I - Wasl Gate

What did villa TH-024 last sell for?

AED 1,734,777 on 12 September 2019, sold by the developer: AED 660 per sqft for 2,627 sqft. It is the only registered sale of the villa.

What is the rent for villa TH-024?

AED 179,517 a year on the contract renewed on 3 March 2024. The previous contract, from March 2023, was AED 180,000; the villa has been rented since November 2020.

How big is villa TH-024?

2,627 sqft (244.1 sqm): a three-bedroom villa in Gardenia Townhomes I - Wasl Gate, completed in 2020.

What is villa TH-024 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Gardenia Townhomes I - Wasl Gate sold for AED 4,300,000 to 4,300,000 in the last 12 months, around AED 1,639 per sqft.

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Mortgage on TH-024, Gardenia Townhomes I - Wasl Gate

Starts from the last sale price (AED 1.73M, 12 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,734,777
Deposit, UAE resident (20%)
AED 346,955
Deposit, non-resident (40%)
AED 693,911
Monthly over 25 years at 3.7%
AED 7,098

Plus AED 77,871 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →