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3-bed · 2,156 sqftMira 1, Reem Mira · completed 2016

TH048, Mira 1

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH048 · DLD and Ejari recordsUpdated 18 March 2025
Last soldAED 1.24M22 December 2013
Current rentAED 140K /yr18 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH048, Mira 1

What is TH048 worth today?

Last sold for AED 1,244,888 in 2013

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18 Mar 2025RentedRenewal
AED 139,625/yr12 months · AED 65 per sqft
17 Mar 2024RentedRenewal
AED 114,692/yr12 months · AED 53 per sqft
15 Mar 2022RentedRenewal
AED 99,465/yr12 months · AED 46 per sqft
15 Mar 2019RentedRenewal
AED 110,000/yr12 months · AED 51 per sqft
4 Jan 2017RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
22 Dec 2013Sold by developerOff-plan
AED 1,244,888AED 577 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 March 2025.

Key facts

Type
3-bed villa
Size
2,156 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.24M · December 2013
Community
Mira 1

About TH048, Mira 1

TH048 is a three-bedroom villa of 2,156 sqft in Mira 1, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. The developer sold it on 22 December 2013 for AED 1,244,888, or AED 577 per sqft, 7% above the AED 540 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 18 March 2025, is AED 139,625 a year: a gross yield of 11.2% on the 2013 price.

Sales and rents for TH048 over time

Sales
Villa TH048, 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 1,244,888 (AED 577 per sqft)

TH048 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH048, 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, January 2017: AED 125,000 a yearRenewal, March 2019: AED 110,000 a yearRenewal, March 2022: AED 99,465 a yearRenewal, March 2024: AED 114,692 a yearRenewal, March 2025: AED 139,625 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 TH048 sits

All 244 3-beds →

TH048 last sold in December 2013 at AED 577 per sqft, 7% above what three-beds in Mira 1 were fetching at the time (AED 540). 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. TH048's AED 139,625 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 →

TH048, Mira 1 in numbers

  • Sold once: by Al Aryam Phase One on 22 December 2013 for AED 1,244,888, or AED 577 per sqft.
  • Rented since January 2017 on 5 Ejari contracts. The rent fell from AED 125,000 to AED 99,465 in 2022 and recovered to AED 139,625 by March 2025.
  • At AED 139,625 a year the gross yield on the 2013 price is 11.2%.
  • 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 18 March 2025.

Questions about TH048, Mira 1

What did villa TH048 last sell for?

AED 1,244,888 on 22 December 2013, sold by the developer: AED 577 per sqft for 2,156 sqft. It is the only registered sale of the villa.

What is the rent for villa TH048?

AED 139,625 a year on the contract renewed on 18 March 2025. The previous contract, from March 2024, was AED 114,692; the villa has been rented since January 2017.

How big is villa TH048?

2,156 sqft (200.3 sqm): a three-bedroom villa in Mira 1, completed in 2016.

What is villa TH048 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 TH048, Mira 1

Starts from the last sale price (AED 1.24M, 22 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,244,888
Deposit, UAE resident (20%)
AED 248,978
Deposit, non-resident (40%)
AED 497,955
Monthly over 25 years at 3.7%
AED 5,093

Plus AED 57,296 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →