4-bed · 3,649 sqftRedwood Park, Jumeirah Golf Estates · completed 2018

TH31, Redwood Park

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

Villa TH31 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 5.5M15 March 2024
Current rentAED 207K /yr7 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH31, Redwood Park

What is TH31 worth today?

Last sold for AED 5,500,000 in 2024

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15 Mar 2024SoldReady
AED 5,500,000AED 1,507 per sqft
7 Oct 2021RentedNew contract
AED 207,000/yr12 months · AED 57 per sqft
7 Oct 2020RentedRenewal
AED 180,000/yr12 months · AED 49 per sqft
7 Oct 2019RentedNew contract
AED 180,000/yr12 months · AED 49 per sqft
31 May 2018RentedRenewal
AED 190,000/yr12 months · AED 52 per sqft
17 Aug 2015Sold by developerOff-plan
AED 3,993,000AED 1,094 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2024.

Key facts

Type
4-bed villa
Size
3,649 sqft
Developer
Jumeirah Golf Estates
Completed
2018
Last sold
AED 5.5M · March 2024
Community
Redwood Park

About TH31, Redwood Park

TH31 is a four-bedroom villa of 3,649 sqft in Redwood Park, a villa community in Jumeirah Golf Estates completed in 2018 by Jumeirah Golf Estates. It last sold on 15 March 2024 for AED 5,500,000, or AED 1,507 per sqft, 9% above the AED 1,380 four-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 4 Ejari contracts. The current contract, signed on 7 October 2021, is AED 207,000 a year: a gross yield of 3.8% on the 2024 price.

Sales and rents for TH31 over time

Sales
Villa TH31, each saleTypical four-bed in Redwood Park
4M6M8M2015201820212024Typical sale price by year: 2016 AED 4,002,000; 2019 AED 3,872,600; 2021 AED 3,887,500; 2023 AED 4,500,000; 2024 AED 6,817,250; 2025 AED 7,750,000Sold by developer, August 2015: AED 3,993,000 (AED 1,094 per sqft)Sold, March 2024: AED 5,500,000 (AED 1,507 per sqft)

TH31 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH31, each contractTypical four-bed in Redwood Park
200K400K2017202020232026Typical rent by year: 2017 AED 212,500; 2018 AED 220,000; 2019 AED 190,000; 2020 AED 190,250; 2021 AED 203,500; 2022 AED 211,375; 2023 AED 220,000; 2024 AED 262,994; 2025 AED 419,647Renewal, May 2018: AED 190,000 a yearNew contract, October 2019: AED 180,000 a yearRenewal, October 2020: AED 180,000 a yearNew contract, October 2021: AED 207,000 a year

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

4-beds in Redwood Park, and where TH31 sits

All 20 4-beds →

TH31 last sold in March 2024 at AED 1,507 per sqft, 9% above what four-beds in Redwood Park were fetching at the time (AED 1,380).

Recent 4-bed salesVilla no.Price (AED)Summary
3 Nov 20257,750,000
15 Sep 202511,000,000
22 Aug 20257,500,000
30 May 20259,100,000
0 4-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 →

TH31, Redwood Park in numbers

  • Sold twice: first on 17 August 2015 for AED 3,993,000, last on 15 March 2024 for AED 5,500,000 (AED 1,507 per sqft).
  • Rented since May 2018 on 4 Ejari contracts, from AED 190,000 to AED 207,000 a year.
  • At AED 207,000 a year the gross yield on the 2024 price is 3.8%.

Source: YallaValue analysis of Dubai Land Department records. Updated 15 March 2024.

Questions about TH31, Redwood Park

What did villa TH31 last sell for?

AED 5,500,000 on 15 March 2024: AED 1,507 per sqft for 3,649 sqft. The villa has 2 registered sales; the first was AED 3,993,000 in August 2015.

What is the rent for villa TH31?

AED 207,000 a year on the contract signed on 7 October 2021. The previous contract, from October 2020, was AED 180,000; the villa has been rented since May 2018.

How big is villa TH31?

3,649 sqft (339.0 sqm): a four-bedroom villa in Redwood Park, completed in 2018.

What is villa TH31 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH31, Redwood Park

Starts from the last sale price (AED 5.5M, 15 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 5,500,000
Deposit, UAE resident (20%)
AED 1,100,000
Deposit, non-resident (40%)
AED 2,200,000
Monthly over 25 years at 3.7%
AED 22,502

Plus AED 236,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →