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3-bed · 2,853 sqftRedwood Park, Jumeirah Golf Estates · completed 2018

TH03, Redwood Park

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH03 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 5.85M18 November 2024
Current rentAED 180K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH03, Redwood Park

What is TH03 worth today?

Last sold for AED 5,850,000 in 2024

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18 Nov 2024SoldReady
AED 5,850,000AED 2,050 per sqft
20 May 2022SoldReady
AED 3,500,000AED 1,226 per sqft
1 Apr 2021RentedRenewal
AED 180,000/yr12 months · AED 63 per sqft
1 Apr 2020RentedNew contract
AED 180,000/yr12 months · AED 63 per sqft
20 Feb 2019RentedNew contract
AED 190,000/yr12 months · AED 67 per sqft
20 Feb 2018RentedNew contract
AED 190,000/yr12 months · AED 67 per sqft
27 Oct 2016Sold by developerOff-plan
AED 3,359,000AED 1,177 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Key facts

Type
3-bed villa
Size
2,853 sqft
Developer
Jumeirah Golf Estates
Completed
2018
Last sold
AED 5.85M · November 2024
Community
Redwood Park

About TH03, Redwood Park

TH03 is a three-bedroom villa of 2,853 sqft in Redwood Park, a villa community in Jumeirah Golf Estates completed in 2018 by Jumeirah Golf Estates. It last sold on 18 November 2024 for AED 5,850,000, or AED 2,050 per sqft, in line with the AED 2,032 three-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, renewed on 1 April 2021, is AED 180,000 a year: a gross yield of 3.1% on the 2024 price.

Sales and rents for TH03 over time

Sales
Villa TH03, each saleTypical three-bed in Redwood Park
4M6M2015201820212024Typical sale price by year: 2015 AED 3,351,060; 2016 AED 2,981,448; 2017 AED 3,342,000; 2019 AED 3,087,500; 2021 AED 3,100,000; 2022 AED 3,600,000; 2023 AED 3,875,000; 2024 AED 5,800,000; 2025 AED 5,500,000Sold by developer, October 2016: AED 3,359,000 (AED 1,177 per sqft)Sold, May 2022: AED 3,500,000 (AED 1,226 per sqft)Sold, November 2024: AED 5,850,000 (AED 2,050 per sqft)

TH03 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH03, each contractTypical three-bed in Redwood Park
200K300K2017202020232026Typical rent by year: 2017 AED 190,000; 2018 AED 187,500; 2019 AED 180,000; 2020 AED 165,000; 2021 AED 175,000; 2022 AED 198,000; 2023 AED 290,000; 2024 AED 320,000; 2025 AED 337,500; 2026 AED 317,500New contract, February 2018: AED 190,000 a yearNew contract, February 2019: AED 190,000 a yearNew contract, April 2020: AED 180,000 a yearRenewal, April 2021: AED 180,000 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 Redwood Park, and where TH03 sits

All 55 3-beds →

TH03 last sold in November 2024 at AED 2,050 per sqft, in line with what three-beds in Redwood Park were fetching at the time (AED 2,032). Over the last 12 months three-beds sold for AED 7,500,000 to 8,275,000, around AED 2,764 per sqft, and rent for AED 278,250 to 350,000 a year. TH03's AED 180,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
16 Feb 20267,500,000
8 Jan 20268,275,000
31 Jul 20255,500,000
18 Jul 20257,300,000
2 3-bed sales in the last 12 months

Redwood Park

Community

75 villas, 3-bed to 4-bed in Jumeirah Golf Estates, completed in 2018 by Jumeirah Golf Estates. 2 sold in the last 12 months.

Typical price per sqft
AED 2,764
Typical sale
AED 7.89M
Typical rent
AED 320K /yr
Typical yield
4.0%
Redwood Park, Jumeirah Golf Estates: prices, sales and rents →

TH03, Redwood Park in numbers

  • Sold 3 times: first on 27 October 2016 for AED 3,359,000, last on 18 November 2024 for AED 5,850,000 (AED 2,050 per sqft).
  • Rented since February 2018 on 4 Ejari contracts, from AED 190,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2024 price is 3.1%.
  • Three-beds in Redwood Park sold for AED 7,500,000–8,275,000 in the 12 months to November 2026; the community's median across all types is AED 2,764 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Questions about TH03, Redwood Park

What did villa TH03 last sell for?

AED 5,850,000 on 18 November 2024: AED 2,050 per sqft for 2,853 sqft. The villa has 3 registered sales; the first was AED 3,359,000 in October 2016.

What is the rent for villa TH03?

AED 180,000 a year on the contract renewed on 1 April 2021. The previous contract, from April 2020, was AED 180,000; the villa has been rented since February 2018.

How big is villa TH03?

2,853 sqft (265.1 sqm): a three-bedroom villa in Redwood Park, completed in 2018.

What is villa TH03 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Redwood Park sold for AED 7,500,000 to 8,275,000 in the last 12 months, around AED 2,764 per sqft.

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Mortgage on TH03, Redwood Park

Starts from the last sale price (AED 5.85M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,850,000
Deposit, UAE resident (20%)
AED 1,170,000
Deposit, non-resident (40%)
AED 2,340,000
Monthly over 25 years at 3.7%
AED 23,934

Plus AED 250,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →