4-bed · 2,559 sqftMira 1, Reem Mira · completed 2016

TH024, Mira 1

Sold prices and rental history: sold 3 times, last in November 2020, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH024 · DLD and Ejari recordsUpdated 1 November 2020
Last soldAED 1.85M1 November 2020
Current rentAED 120K /yr1 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH024, Mira 1

What is TH024 worth today?

Last sold for AED 1,850,000 in 2020

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1 Nov 2020SoldReady
AED 1,850,000AED 722 per sqft
1 Nov 2019RentedRenewal
AED 120,000/yr12 months · AED 47 per sqft
1 Nov 2017RentedRenewal
AED 155,000/yr12 months · AED 61 per sqft
1 Nov 2016RentedNew contract
AED 155,000/yr12 months · AED 61 per sqft
12 Dec 2013SoldOff-plan
AED 1,860,727AED 727 per sqft
4 Dec 2013Sold by developerOff-plan
AED 1,576,888AED 616 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2020.

Key facts

Type
4-bed villa
Size
2,559 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.85M · November 2020
Community
Mira 1

About TH024, Mira 1

TH024 is a four-bedroom villa of 2,559 sqft in Mira 1, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 1 November 2020 for AED 1,850,000, or AED 722 per sqft, in line with the AED 708 four-beds in the community were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 1 November 2019, is AED 120,000 a year: a gross yield of 6.5% on the 2020 price.

Sales and rents for TH024 over time

Sales
Villa TH024, each saleTypical four-bed in Mira 1
2M4M2013201720212025Typical sale price by year: 2013 AED 1,593,888; 2014 AED 2,000,104; 2015 AED 1,762,755; 2016 AED 2,250,000; 2017 AED 2,200,000; 2018 AED 2,400,000; 2019 AED 1,962,500; 2020 AED 1,793,750; 2021 AED 2,175,000; 2022 AED 2,650,000; 2023 AED 2,675,000; 2024 AED 3,412,500; 2025 AED 3,900,000Sold, December 2013: AED 1,860,727 (AED 727 per sqft)Sold by developer, December 2013: AED 1,576,888 (AED 616 per sqft)Sold, November 2020: AED 1,850,000 (AED 722 per sqft)

TH024 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH024, each contractTypical four-bed in Mira 1
150K200K2016201920222025Typical rent by year: 2016 AED 149,000; 2017 AED 145,000; 2018 AED 143,000; 2019 AED 126,750; 2020 AED 115,000; 2021 AED 115,250; 2022 AED 120,638; 2023 AED 150,000; 2024 AED 168,000; 2025 AED 180,000; 2026 AED 195,000New contract, November 2016: AED 155,000 a yearRenewal, November 2017: AED 155,000 a yearRenewal, November 2019: AED 120,000 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 Mira 1, and where TH024 sits

All 86 4-beds →

TH024 last sold in November 2020 at AED 722 per sqft, in line with what four-beds in Mira 1 were fetching at the time (AED 708). TH024's AED 120,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
11 Jul 20254,325,000
17 Feb 20253,400,000
7 Jan 20253,900,000
10 Dec 20243,500,000
0 4-bed sales in the last 12 months

Mira 1

Community

330 villas, 3-bed to 4-bed in Reem Mira, completed in 2016 by Al Aryam Phase One. 5 sold in the last 12 months.

Typical price per sqft
AED 1,296
Typical sale
AED 3.2M
Typical rent
AED 168K /yr
Typical yield
5.5%
Mira 1, Reem Mira: prices, sales and rents →

TH024, Mira 1 in numbers

  • Sold 3 times: first on 4 December 2013 for AED 1,576,888, last on 1 November 2020 for AED 1,850,000 (AED 722 per sqft).
  • Rented since November 2016 on 3 Ejari contracts, from AED 155,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 6.5%.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2020.

Questions about TH024, Mira 1

What did villa TH024 last sell for?

AED 1,850,000 on 1 November 2020: AED 722 per sqft for 2,559 sqft. The villa has 3 registered sales; the first was AED 1,576,888 in December 2013.

What is the rent for villa TH024?

AED 120,000 a year on the contract renewed on 1 November 2019. The previous contract, from November 2017, was AED 155,000; the villa has been rented since November 2016.

How big is villa TH024?

2,559 sqft (237.7 sqm): a four-bedroom villa in Mira 1, completed in 2016.

What is villa TH024 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 TH024, Mira 1

Starts from the last sale price (AED 1.85M, 1 November 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →