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

TH15, Redwood Park

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH15 · DLD and Ejari recordsUpdated 22 March 2023
Last soldAED 4.1M22 March 2023
Current rentAED 195K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH15, Redwood Park

What is TH15 worth today?

Last sold for AED 4,100,000 in 2023

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22 Mar 2023SoldReady
AED 4,100,000AED 1,437 per sqft
1 Jun 2022RentedRenewal
AED 195,000/yr12 months · AED 68 per sqft
1 Jun 2021RentedNew contract
AED 195,000/yr12 months · AED 68 per sqft
1 Aug 2020RentedNew contract
AED 155,000/yr12 months · AED 54 per sqft
6 Sep 2018RentedNew contract
AED 195,000/yr12 months · AED 68 per sqft
28 Jun 2017RentedNew contract
AED 255,000/yr12 months · AED 89 per sqft
3 Jun 2015Sold by developerOff-plan
AED 3,900,430AED 1,367 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 22 March 2023.

Key facts

Type
3-bed villa
Size
2,853 sqft
Developer
Jumeirah Golf Estates
Completed
2018
Last sold
AED 4.1M · March 2023
Community
Redwood Park

About TH15, Redwood Park

TH15 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 22 March 2023 for AED 4,100,000, or AED 1,437 per sqft, 14% above the AED 1,261 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 195,000 a year: a gross yield of 4.8% on the 2023 price.

Sales and rents for TH15 over time

Sales
Villa TH15, 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, June 2015: AED 3,900,430 (AED 1,367 per sqft)Sold, March 2023: AED 4,100,000 (AED 1,437 per sqft)

TH15 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH15, 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, June 2017: AED 255,000 a yearNew contract, September 2018: AED 195,000 a yearNew contract, August 2020: AED 155,000 a yearNew contract, June 2021: AED 195,000 a yearRenewal, June 2022: AED 195,000 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 TH15 sits

All 55 3-beds →

TH15 last sold in March 2023 at AED 1,437 per sqft, 14% above what three-beds in Redwood Park were fetching at the time (AED 1,261). 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. TH15's AED 195,000 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 →

TH15, Redwood Park in numbers

  • Sold twice: first on 3 June 2015 for AED 3,900,430, last on 22 March 2023 for AED 4,100,000 (AED 1,437 per sqft).
  • Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 255,000 to AED 155,000 in 2020 and recovered to AED 195,000 by June 2022.
  • At AED 195,000 a year the gross yield on the 2023 price is 4.8%.
  • 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 22 March 2023.

Questions about TH15, Redwood Park

What did villa TH15 last sell for?

AED 4,100,000 on 22 March 2023: AED 1,437 per sqft for 2,853 sqft. The villa has 2 registered sales; the first was AED 3,900,430 in June 2015.

What is the rent for villa TH15?

AED 195,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 195,000; the villa has been rented since June 2017.

How big is villa TH15?

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

What is villa TH15 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 TH15, Redwood Park

Starts from the last sale price (AED 4.1M, 22 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

Plus AED 177,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →