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3-bed · 2,865 sqftRedwood Park, Jumeirah Golf Estates · completed 2018

TH71, Redwood Park

Sold prices and rental history: sold once, by the developer in July 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH71 · DLD and Ejari recordsUpdated 5 December 2021
Last soldAED 2.97M24 July 2016
Current rentAED 180K /yr5 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH71, Redwood Park

What is TH71 worth today?

Last sold for AED 2,970,895 in 2016

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5 Dec 2021RentedNew contract
AED 180,000/yr12 months · AED 63 per sqft
5 Aug 2020RentedNew contract
AED 140,000/yr12 months · AED 49 per sqft
1 Aug 2018RentedRenewal
AED 175,000/yr12 months · AED 61 per sqft
1 Aug 2017RentedNew contract
AED 175,000/yr12 months · AED 61 per sqft
24 Jul 2016Sold by developerOff-plan
AED 2,970,895AED 1,036 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 December 2021.

Key facts

Type
3-bed villa
Size
2,865 sqft
Developer
Jumeirah Golf Estates
Completed
2018
Last sold
AED 2.97M · July 2016
Community
Redwood Park

About TH71, Redwood Park

TH71 is a three-bedroom villa of 2,865 sqft in Redwood Park, a villa community in Jumeirah Golf Estates completed in 2018 by Jumeirah Golf Estates. The developer sold it on 24 July 2016 for AED 2,970,895, or AED 1,036 per sqft, in line with the AED 1,036 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 5 December 2021, is AED 180,000 a year: a gross yield of 6.1% on the 2016 price.

Sales and rents for TH71 over time

Sales
Villa TH71, 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, July 2016: AED 2,970,895 (AED 1,036 per sqft)

TH71 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH71, 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, August 2017: AED 175,000 a yearRenewal, August 2018: AED 175,000 a yearNew contract, August 2020: AED 140,000 a yearNew contract, December 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 TH71 sits

All 55 3-beds →

TH71 last sold in July 2016 at AED 1,036 per sqft, in line with what three-beds in Redwood Park were fetching at the time (AED 1,036). 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. TH71'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 →

TH71, Redwood Park in numbers

  • Sold once: by Jumeirah Golf Estates on 24 July 2016 for AED 2,970,895, or AED 1,036 per sqft.
  • Rented since August 2017 on 4 Ejari contracts. The rent fell from AED 175,000 to AED 140,000 in 2020 and recovered to AED 180,000 by December 2021.
  • At AED 180,000 a year the gross yield on the 2016 price is 6.1%.
  • 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 5 December 2021.

Questions about TH71, Redwood Park

What did villa TH71 last sell for?

AED 2,970,895 on 24 July 2016, sold by the developer: AED 1,036 per sqft for 2,865 sqft. It is the only registered sale of the villa.

What is the rent for villa TH71?

AED 180,000 a year on the contract signed on 5 December 2021. The previous contract, from August 2020, was AED 140,000; the villa has been rented since August 2017.

How big is villa TH71?

2,865 sqft (266.2 sqm): a three-bedroom villa in Redwood Park, completed in 2018.

What is villa TH71 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 TH71, Redwood Park

Starts from the last sale price (AED 2.97M, 24 July 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,970,895
Deposit, UAE resident (20%)
AED 594,179
Deposit, non-resident (40%)
AED 1,188,358
Monthly over 25 years at 3.7%
AED 12,155

Plus AED 129,788 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →