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3-bed · 2,868 sqftRedwood Park, Jumeirah Golf Estates · completed 2018

TH61, Redwood Park

Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH61 · DLD and Ejari recordsUpdated 12 July 2022
Last soldAED 3.15M12 July 2022
Current rentAED 162K /yr21 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH61, Redwood Park

What is TH61 worth today?

Last sold for AED 3,150,000 in 2022

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12 Jul 2022SoldReady
AED 3,150,000AED 1,098 per sqft
21 Sep 2021RentedRenewal
AED 162,000/yr12 months · AED 56 per sqft
21 Sep 2020RentedRenewal
AED 162,000/yr12 months · AED 56 per sqft
21 Sep 2019RentedNew contract
AED 170,000/yr12 months · AED 59 per sqft
1 May 2018RentedNew contract
AED 170,000/yr12 months · AED 59 per sqft
19 Jun 2017SoldReady
AED 3,020,000AED 1,052 per sqft
26 Sep 2016Sold by developerOff-plan
AED 2,898,000AED 1,010 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 July 2022.

Key facts

Type
3-bed villa
Size
2,868 sqft
Developer
Jumeirah Golf Estates
Completed
2018
Last sold
AED 3.15M · July 2022
Community
Redwood Park

About TH61, Redwood Park

TH61 is a three-bedroom villa of 2,868 sqft in Redwood Park, a villa community in Jumeirah Golf Estates completed in 2018 by Jumeirah Golf Estates. It last sold on 12 July 2022 for AED 3,150,000, or AED 1,098 per sqft, 10% below the AED 1,225 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 21 September 2021, is AED 162,000 a year: a gross yield of 5.1% on the 2022 price.

Sales and rents for TH61 over time

Sales
Villa TH61, 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, September 2016: AED 2,898,000 (AED 1,010 per sqft)Sold, June 2017: AED 3,020,000 (AED 1,052 per sqft)Sold, July 2022: AED 3,150,000 (AED 1,098 per sqft)

TH61 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH61, 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, May 2018: AED 170,000 a yearNew contract, September 2019: AED 170,000 a yearRenewal, September 2020: AED 162,000 a yearRenewal, September 2021: AED 162,000 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 TH61 sits

All 55 3-beds →

TH61 last sold in July 2022 at AED 1,098 per sqft, 10% below what three-beds in Redwood Park were fetching at the time (AED 1,225). 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. TH61's AED 162,000 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 →

TH61, Redwood Park in numbers

  • Sold 3 times: first on 26 September 2016 for AED 2,898,000, last on 12 July 2022 for AED 3,150,000 (AED 1,098 per sqft).
  • Rented since May 2018 on 4 Ejari contracts, from AED 170,000 to AED 162,000 a year.
  • At AED 162,000 a year the gross yield on the 2022 price is 5.1%.
  • 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 12 July 2022.

Questions about TH61, Redwood Park

What did villa TH61 last sell for?

AED 3,150,000 on 12 July 2022: AED 1,098 per sqft for 2,868 sqft. The villa has 3 registered sales; the first was AED 2,898,000 in September 2016.

What is the rent for villa TH61?

AED 162,000 a year on the contract renewed on 21 September 2021. The previous contract, from September 2020, was AED 162,000; the villa has been rented since May 2018.

How big is villa TH61?

2,868 sqft (266.4 sqm): a three-bedroom villa in Redwood Park, completed in 2018.

What is villa TH61 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 TH61, Redwood Park

Starts from the last sale price (AED 3.15M, 12 July 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

Plus AED 137,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →