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

TH296, 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 TH296 · DLD and Ejari recordsUpdated 15 January 2024
Last soldAED 1.14M23 December 2013
Current rentAED 101K /yr15 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH296, Mira 1

What is TH296 worth today?

Last sold for AED 1,135,888 in 2013

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15 Jan 2024RentedRenewal
AED 101,200/yr12 months · AED 47 per sqft
15 Jan 2023RentedRenewal
AED 92,000/yr12 months · AED 43 per sqft
15 Jan 2022RentedRenewal
AED 80,000/yr12 months · AED 37 per sqft
1 Jan 2019RentedRenewal
AED 115,000/yr12 months · AED 53 per sqft
1 Jan 2018RentedRenewal
AED 125,000/yr12 months · AED 58 per sqft
1 Jan 2017RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
23 Dec 2013Sold by developerOff-plan
AED 1,135,888AED 526 per sqft

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

Key facts

Type
3-bed villa
Size
2,156 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.14M · December 2013
Community
Mira 1

About TH296, Mira 1

TH296 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 23 December 2013 for AED 1,135,888, or AED 526 per sqft, in line with the AED 537 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 15 January 2024, is AED 101,200 a year: a gross yield of 8.9% on the 2013 price.

Sales and rents for TH296 over time

Sales
Villa TH296, 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 1,135,888 (AED 526 per sqft)

TH296 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH296, 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, January 2018: AED 125,000 a yearRenewal, January 2019: AED 115,000 a yearRenewal, January 2022: AED 80,000 a yearRenewal, January 2023: AED 92,000 a yearRenewal, January 2024: AED 101,200 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 TH296 sits

All 244 3-beds →

TH296 last sold in December 2013 at AED 526 per sqft, in line with 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. TH296's AED 101,200 is at the bottom 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 →

TH296, Mira 1 in numbers

  • Sold once: by Al Aryam Phase One on 23 December 2013 for AED 1,135,888, or AED 526 per sqft.
  • Rented since January 2017 on 6 Ejari contracts. The rent fell from AED 125,000 to AED 80,000 in 2022 and recovered to AED 101,200 by January 2024.
  • At AED 101,200 a year the gross yield on the 2013 price is 8.9%.
  • 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 January 2024.

Questions about TH296, Mira 1

What did villa TH296 last sell for?

AED 1,135,888 on 23 December 2013, sold by the developer: AED 526 per sqft for 2,156 sqft. It is the only registered sale of the villa.

What is the rent for villa TH296?

AED 101,200 a year on the contract renewed on 15 January 2024. The previous contract, from January 2023, was AED 92,000; the villa has been rented since January 2017.

How big is villa TH296?

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

What is villa TH296 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 TH296, Mira 1

Starts from the last sale price (AED 1.14M, 23 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,135,888
Deposit, UAE resident (20%)
AED 227,178
Deposit, non-resident (40%)
AED 454,355
Monthly over 25 years at 3.7%
AED 4,647

Plus AED 52,718 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →