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3-bed · 2,856 sqftRedwood Park, Jumeirah Golf Estates · completed 2018

TH23, Redwood Park

Sold prices and rental history: sold 4 times, last in April 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH23 · DLD and Ejari recordsUpdated 29 June 2024
Last soldAED 5.75M15 April 2024
Current rentAED 410K /yr29 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH23, Redwood Park

What is TH23 worth today?

Last sold for AED 5,750,000 in 2024

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29 Jun 2024RentedNew contract
AED 410,000/yr12 months · AED 144 per sqft
15 Apr 2024SoldReady
AED 5,750,000AED 2,013 per sqft
21 Feb 2023SoldReady
AED 3,875,000AED 1,356 per sqft
1 Mar 2022RentedNew contract
AED 230,000/yr12 months · AED 81 per sqft
14 Feb 2021RentedNew contract
AED 180,000/yr12 months · AED 63 per sqft
4 Nov 2020SoldReady
AED 2,650,000AED 927 per sqft
10 Apr 2019Sold by developerReady
AED 2,960,200AED 1,036 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 29 June 2024.

Key facts

Type
3-bed villa
Size
2,856 sqft
Developer
Jumeirah Golf Estates
Completed
2018
Last sold
AED 5.75M · April 2024
Community
Redwood Park

About TH23, Redwood Park

TH23 is a three-bedroom villa of 2,856 sqft in Redwood Park, a villa community in Jumeirah Golf Estates completed in 2018 by Jumeirah Golf Estates. It last sold on 15 April 2024 for AED 5,750,000, or AED 2,013 per sqft, 34% above the AED 1,506 three-beds in the community were fetching at the time.

It has been rented since 2021 on 3 Ejari contracts. The current contract, signed on 29 June 2024, is AED 410,000 a year: a gross yield of 7.1% on the 2024 price.

Sales and rents for TH23 over time

Sales
Villa TH23, 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, April 2019: AED 2,960,200 (AED 1,036 per sqft)Sold, November 2020: AED 2,650,000 (AED 927 per sqft)Sold, February 2023: AED 3,875,000 (AED 1,356 per sqft)Sold, April 2024: AED 5,750,000 (AED 2,013 per sqft)

TH23 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH23, each contractTypical three-bed in Redwood Park
200K400K2017202020232026Typical 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 2021: AED 180,000 a yearNew contract, March 2022: AED 230,000 a yearNew contract, June 2024: AED 410,000 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 TH23 sits

All 55 3-beds →

TH23 last sold in April 2024 at AED 2,013 per sqft, 34% above what three-beds in Redwood Park were fetching at the time (AED 1,506). 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. TH23's AED 410,000 is at the top 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 →

TH23, Redwood Park in numbers

  • Sold 4 times: first on 10 April 2019 for AED 2,960,200, last on 15 April 2024 for AED 5,750,000 (AED 2,013 per sqft).
  • Rented since February 2021 on 3 Ejari contracts, from AED 180,000 to AED 410,000 a year.
  • At AED 410,000 a year the gross yield on the 2024 price is 7.1%.
  • 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 29 June 2024.

Questions about TH23, Redwood Park

What did villa TH23 last sell for?

AED 5,750,000 on 15 April 2024: AED 2,013 per sqft for 2,856 sqft. The villa has 4 registered sales; the first was AED 2,960,200 in April 2019.

What is the rent for villa TH23?

AED 410,000 a year on the contract signed on 29 June 2024. The previous contract, from March 2022, was AED 230,000; the villa has been rented since February 2021.

How big is villa TH23?

2,856 sqft (265.3 sqm): a three-bedroom villa in Redwood Park, completed in 2018.

What is villa TH23 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 TH23, Redwood Park

Starts from the last sale price (AED 5.75M, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,750,000
Deposit, UAE resident (20%)
AED 1,150,000
Deposit, non-resident (40%)
AED 2,300,000
Monthly over 25 years at 3.7%
AED 23,525

Plus AED 246,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →