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

TH249, Mira 1

Sold prices and rental history: sold once, by the developer in December 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH249 · DLD and Ejari recordsUpdated 5 September 2024
Last soldAED 1.16M22 December 2013
Current rentAED 160K /yr5 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH249, Mira 1

What is TH249 worth today?

Last sold for AED 1,159,888 in 2013

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5 Sep 2024RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
19 May 2023RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft
22 Dec 2019RentedNew contract
AED 85,000/yr12 months · AED 39 per sqft
10 Nov 2018RentedRenewal
AED 122,500/yr12 months · AED 57 per sqft
10 Nov 2017RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
16 Nov 2016RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
22 Dec 2013Sold by developerOff-plan
AED 1,159,888AED 537 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 September 2024.

Key facts

Type
3-bed villa
Size
2,156 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.16M · December 2013
Community
Mira 1

About TH249, Mira 1

TH249 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 1,159,888, or AED 537 per sqft, in line with the AED 540 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 5 September 2024, is AED 160,000 a year: a gross yield of 13.8% on the 2013 price.

Sales and rents for TH249 over time

Sales
Villa TH249, 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 1,159,888 (AED 537 per sqft)

TH249 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH249, 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, November 2016: AED 130,000 a yearNew contract, November 2017: AED 130,000 a yearRenewal, November 2018: AED 122,500 a yearNew contract, December 2019: AED 85,000 a yearNew contract, May 2023: AED 150,000 a yearNew contract, September 2024: AED 160,000 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 TH249 sits

All 244 3-beds →

TH249 last sold in December 2013 at AED 537 per sqft, in line with 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. TH249's AED 160,000 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 →

TH249, Mira 1 in numbers

  • Sold once: by Al Aryam Phase One on 22 December 2013 for AED 1,159,888, or AED 537 per sqft.
  • Rented since November 2016 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 85,000 in 2019 and recovered to AED 160,000 by September 2024.
  • At AED 160,000 a year the gross yield on the 2013 price is 13.8%.
  • 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 5 September 2024.

Questions about TH249, Mira 1

What did villa TH249 last sell for?

AED 1,159,888 on 22 December 2013, sold by the developer: AED 537 per sqft for 2,156 sqft. It is the only registered sale of the villa.

What is the rent for villa TH249?

AED 160,000 a year on the contract signed on 5 September 2024. The previous contract, from May 2023, was AED 150,000; the villa has been rented since November 2016.

How big is villa TH249?

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

What is villa TH249 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 TH249, Mira 1

Starts from the last sale price (AED 1.16M, 22 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,159,888
Deposit, UAE resident (20%)
AED 231,978
Deposit, non-resident (40%)
AED 463,955
Monthly over 25 years at 3.7%
AED 4,745

Plus AED 53,726 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →