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

TH040, Mira 2

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 TH040 · DLD and Ejari recordsUpdated 1 June 2024
Last soldAED 1.08M22 December 2013
Current rentAED 116K /yr1 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH040, Mira 2

What is TH040 worth today?

Last sold for AED 1,081,888 in 2013

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1 Jun 2024RentedRenewal
AED 116,050/yr12 months · AED 54 per sqft
1 Jun 2023RentedRenewal
AED 105,525/yr12 months · AED 49 per sqft
1 Jun 2022RentedRenewal
AED 80,000/yr12 months · AED 37 per sqft
1 Jun 2022RentedRenewal
AED 97,750/yr12 months · AED 45 per sqft
1 Jun 2021RentedRenewal
AED 85,000/yr12 months · AED 39 per sqft
1 Jun 2020RentedNew contract
AED 85,000/yr12 months · AED 39 per sqft
25 Jan 2019RentedNew contract
AED 105,000/yr12 months · AED 49 per sqft
21 Nov 2017RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 June 2024.

Key facts

Type
3-bed villa
Size
2,156 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.08M · December 2013
Community
Mira 2

About TH040, Mira 2

TH040 is a three-bedroom villa of 2,156 sqft in Mira 2, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. The developer sold it on 22 December 2013 for AED 1,081,888, or AED 501 per sqft, 9% below the AED 553 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 1 June 2024, is AED 116,050 a year: a gross yield of 10.7% on the 2013 price.

Sales and rents for TH040 over time

Sales
Villa TH040, 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 1,081,888 (AED 501 per sqft)

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

Rents
Villa TH040, 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, November 2016: AED 125,000 a yearRenewal, November 2017: AED 130,000 a yearNew contract, January 2019: AED 105,000 a yearNew contract, June 2020: AED 85,000 a yearRenewal, June 2021: AED 85,000 a yearRenewal, June 2022: AED 80,000 a yearRenewal, June 2022: AED 97,750 a yearRenewal, June 2023: AED 105,525 a yearRenewal, June 2024: AED 116,050 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 TH040 sits

All 204 3-beds →

TH040 last sold in December 2013 at AED 501 per sqft, 9% below what three-beds in Mira 2 were fetching at the time (AED 553). 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. TH040's AED 116,050 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 →

TH040, Mira 2 in numbers

  • Sold once: by Al Aryam Phase One on 22 December 2013 for AED 1,081,888, or AED 501 per sqft.
  • Rented since November 2016 on 9 Ejari contracts. The rent fell from AED 125,000 to AED 80,000 in 2022 and recovered to AED 116,050 by June 2024.
  • At AED 116,050 a year the gross yield on the 2013 price is 10.7%.
  • 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 June 2024.

Questions about TH040, Mira 2

What did villa TH040 last sell for?

AED 1,081,888 on 22 December 2013, sold by the developer: AED 501 per sqft for 2,156 sqft. It is the only registered sale of the villa.

What is the rent for villa TH040?

AED 116,050 a year on the contract renewed on 1 June 2024. The previous contract, from June 2023, was AED 105,525; the villa has been rented since November 2016.

How big is villa TH040?

2,156 sqft (200.3 sqm): a three-bedroom villa in Mira 2, 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 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 TH040, Mira 2

Starts from the last sale price (AED 1.08M, 22 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,081,888
Deposit, UAE resident (20%)
AED 216,378
Deposit, non-resident (40%)
AED 432,755
Monthly over 25 years at 3.7%
AED 4,426

Plus AED 50,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →