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3-bed · 1,078 sqftMira 1, Reem Mira · completed 2016

TH040, Mira 1

Sold prices and rental history: sold twice, last in April 2014, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH040 · DLD and Ejari recordsUpdated 15 March 2024
Last soldAED 1.2M3 April 2014
Current rentAED 145K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH040, Mira 1

What is TH040 worth today?

Last sold for AED 1,204,888 in 2014

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15 Mar 2024RentedNew contract
AED 145,000/yr24 months · AED 67 per sqft
17 Aug 2022RentedRenewal
AED 105,000/yr12 months · AED 49 per sqft
17 Aug 2021RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
19 Sep 2020RentedNew contract
AED 83,000/yr12 months · AED 38 per sqft
3 Apr 2014SoldOff-plan
AED 1,204,888AED 558 per sqft
22 Dec 2013Sold by developerOff-plan
AED 991,888AED 459 per sqft

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

Key facts

Type
3-bed villa
Size
1,078 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.2M · April 2014
Community
Mira 1

About TH040, Mira 1

TH040 is a three-bedroom villa of 1,078 sqft in Mira 1, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 3 April 2014 for AED 1,204,888, or AED 558 per sqft, 4% above the AED 537 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 15 March 2024, is AED 145,000 a year: a gross yield of 12.0% on the 2014 price.

Sales and rents for TH040 over time

Sales
Villa TH040, each saleTypical three-bed in Mira 1
1M2M3M2013201720212025Typical sale price by year: 2013 AED 1,289,388; 2014 AED 1,637,229; 2015 AED 1,557,596; 2016 AED 1,690,246; 2017 AED 1,980,000; 2018 AED 1,809,944; 2019 AED 1,463,373; 2020 AED 1,450,000; 2021 AED 1,750,000; 2022 AED 1,975,000; 2023 AED 2,437,500; 2024 AED 2,860,000; 2025 AED 3,100,000Sold by developer, December 2013: AED 991,888 (AED 459 per sqft)Sold, April 2014: AED 1,204,888 (AED 558 per sqft)

TH040 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH040, each contractTypical three-bed in Mira 1
100K150K2016201920222025Typical rent by year: 2016 AED 135,000; 2017 AED 130,000; 2018 AED 125,000; 2019 AED 115,000; 2020 AED 90,000; 2021 AED 95,000; 2022 AED 109,725; 2023 AED 125,000; 2024 AED 145,000; 2025 AED 155,000; 2026 AED 160,288New contract, September 2020: AED 83,000 a yearNew contract, August 2021: AED 100,000 a yearRenewal, August 2022: AED 105,000 a yearNew contract, March 2024: AED 145,000 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 Mira 1, and where TH040 sits

All 244 3-beds →

TH040 last sold in April 2014 at AED 558 per sqft, 4% above what three-beds in Mira 1 were fetching at the time (AED 537). Over the last 12 months three-beds sold for AED 2,825,000 to 3,560,000, around AED 1,296 per sqft, and rent for AED 115,700 to 205,000 a year. TH040's AED 145,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
5 Feb 20262,825,000
14 Jan 20263,560,000
5 Dec 20253,150,000
4 Dec 20253,200,000
5 3-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 →

TH040, Mira 1 in numbers

  • Sold twice: first on 22 December 2013 for AED 991,888, last on 3 April 2014 for AED 1,204,888 (AED 558 per sqft).
  • Rented since September 2020 on 4 Ejari contracts, from AED 83,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2014 price is 12.0%.
  • Three-beds in Mira 1 sold for AED 2,825,000–3,560,000 in the 12 months to November 2026; the community's median across all types is AED 1,296 per sqft.

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

Questions about TH040, Mira 1

What did villa TH040 last sell for?

AED 1,204,888 on 3 April 2014: AED 558 per sqft for 1,078 sqft. The villa has 2 registered sales; the first was AED 991,888 in December 2013.

What is the rent for villa TH040?

AED 145,000 a year on the contract signed on 15 March 2024. The previous contract, from August 2022, was AED 105,000; the villa has been rented since September 2020.

How big is villa TH040?

1,078 sqft (100.1 sqm): a three-bedroom villa in Mira 1, completed in 2016.

What is villa TH040 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mira 1 sold for AED 2,825,000 to 3,560,000 in the last 12 months, around AED 1,296 per sqft.

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Mortgage on TH040, Mira 1

Starts from the last sale price (AED 1.2M, 3 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,204,888
Deposit, UAE resident (20%)
AED 240,978
Deposit, non-resident (40%)
AED 481,955
Monthly over 25 years at 3.7%
AED 4,930

Plus AED 55,616 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →