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3-bed · 2,384 sqftMira 2, Reem Mira · completed 2016

TH002, Mira 2

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH002 · DLD and Ejari recordsUpdated 1 December 2023
Last soldAED 2.3M4 May 2023
Current rentAED 105K /yr1 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH002, Mira 2

What is TH002 worth today?

Last sold for AED 2,300,000 in 2023

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1 Dec 2023RentedRenewal
AED 105,000/yr6 months · AED 44 per sqft
4 May 2023SoldReady
AED 2,300,000AED 964 per sqft
1 Dec 2022RentedNew contract
AED 105,000/yr12 months · AED 44 per sqft
1 Dec 2022RentedRenewal
AED 105,000/yr12 months · AED 44 per sqft
1 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 42 per sqft
26 Nov 2019RentedNew contract
AED 100,000/yr12 months · AED 42 per sqft
1 Oct 2018RentedRenewal
AED 125,000/yr12 months · AED 52 per sqft
1 Oct 2017RentedRenewal
AED 140,000/yr12 months · AED 59 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Key facts

Type
3-bed villa
Size
2,384 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 2.3M · May 2023
Community
Mira 2

About TH002, Mira 2

TH002 is a three-bedroom villa of 2,384 sqft in Mira 2, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 4 May 2023 for AED 2,300,000, or AED 964 per sqft, 10% above the AED 880 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 1 December 2023, is AED 105,000 a year: a gross yield of 4.6% on the 2023 price.

Sales and rents for TH002 over time

Sales
Villa TH002, each saleTypical three-bed in Mira 2
1M2M3M2013201720212025Typical sale price by year: 2013 AED 1,360,888; 2014 AED 1,569,821; 2015 AED 1,533,888; 2016 AED 1,800,000; 2017 AED 1,882,444; 2018 AED 1,800,000; 2019 AED 1,850,000; 2020 AED 1,280,000; 2021 AED 1,862,500; 2022 AED 2,100,000; 2023 AED 2,287,500; 2024 AED 2,875,000; 2025 AED 3,162,500Sold by developer, December 2013: AED 1,480,888 (AED 621 per sqft)Sold, May 2023: AED 2,300,000 (AED 964 per sqft)

TH002 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH002, each contractTypical three-bed in Mira 2
100K150K2016201920222025Typical rent by year: 2016 AED 135,000; 2017 AED 135,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 95,000; 2021 AED 100,000; 2022 AED 110,000; 2023 AED 120,000; 2024 AED 143,825; 2025 AED 155,000; 2026 AED 157,500New contract, October 2016: AED 140,000 a yearRenewal, October 2017: AED 140,000 a yearRenewal, October 2018: AED 125,000 a yearNew contract, November 2019: AED 100,000 a yearNew contract, December 2020: AED 100,000 a yearNew contract, December 2022: AED 105,000 a yearRenewal, December 2022: AED 105,000 a yearRenewal, December 2023: AED 105,000 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 2, and where TH002 sits

All 204 3-beds →

TH002 last sold in May 2023 at AED 964 per sqft, 10% above what three-beds in Mira 2 were fetching at the time (AED 880). Over the last 12 months three-beds sold for AED 3,000,000 to 3,285,000, around AED 1,385 per sqft, and rent for AED 100,000 to 199,407 a year. TH002's AED 105,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Feb 20263,000,000
16 Jan 20263,285,000
11 Nov 20253,210,000
4 Nov 20253,050,000
2 3-bed sales in the last 12 months

Mira 2

Community

334 villas, 3-bed to 4-bed in Reem Mira, completed in 2016 by Al Aryam Phase One. 2 sold in the last 12 months.

Typical price per sqft
AED 1,385
Typical sale
AED 3.14M
Typical rent
AED 160K /yr
Typical yield
5.0%
Mira 2, Reem Mira: prices, sales and rents →

TH002, Mira 2 in numbers

  • Sold twice: first on 23 December 2013 for AED 1,480,888, last on 4 May 2023 for AED 2,300,000 (AED 964 per sqft).
  • Rented since October 2016 on 8 Ejari contracts, from AED 140,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 4.6%.
  • Three-beds in Mira 2 sold for AED 3,000,000–3,285,000 in the 12 months to November 2026; the community's median across all types is AED 1,385 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 December 2023.

Questions about TH002, Mira 2

What did villa TH002 last sell for?

AED 2,300,000 on 4 May 2023: AED 964 per sqft for 2,384 sqft. The villa has 2 registered sales; the first was AED 1,480,888 in December 2013.

What is the rent for villa TH002?

AED 105,000 a year on the contract renewed on 1 December 2023. The previous contract, from December 2022, was AED 105,000; the villa has been rented since October 2016.

How big is villa TH002?

2,384 sqft (221.5 sqm): a three-bedroom villa in Mira 2, completed in 2016.

What is villa TH002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mira 2 sold for AED 3,000,000 to 3,285,000 in the last 12 months, around AED 1,385 per sqft.

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Mortgage on TH002, Mira 2

Starts from the last sale price (AED 2.3M, 4 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →