4-bed · 2,550 sqftMira 2, Reem Mira · completed 2016

TH048, Mira 2

Sold prices and rental history: sold 3 times, last in October 2019, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH048 · DLD and Ejari recordsUpdated 23 October 2019
Last soldAED 2.08M23 October 2019
Current rentAED 135K /yr4 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH048, Mira 2

What is TH048 worth today?

Last sold for AED 2,075,000 in 2019

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23 Oct 2019SoldReady
AED 2,075,000AED 813 per sqft
4 Oct 2018RentedRenewal
AED 135,000/yr12 months · AED 53 per sqft
4 Oct 2017RentedRenewal
AED 155,000/yr12 months · AED 61 per sqft
17 Oct 2016SoldReady
AED 759,444AED 297 per sqft
4 Oct 2016RentedNew contract
AED 155,000/yr12 months · AED 61 per sqft
18 Mar 2014Sold by developerOff-plan
AED 759,444AED 297 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 October 2019.

Key facts

Type
4-bed villa
Size
2,550 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 2.08M · October 2019
Community
Mira 2

About TH048, Mira 2

TH048 is a four-bedroom villa of 2,550 sqft in Mira 2, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 23 October 2019 for AED 2,075,000, or AED 813 per sqft, 4% above the AED 783 four-beds in the community were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 4 October 2018, is AED 135,000 a year: a gross yield of 6.5% on the 2019 price.

Sales and rents for TH048 over time

Sales
Villa TH048, each saleTypical four-bed in Mira 2
2M4M2013201720212025Typical sale price by year: 2013 AED 1,693,888; 2014 AED 1,790,318; 2015 AED 1,610,888; 2016 AED 2,000,000; 2017 AED 2,225,000; 2018 AED 2,100,000; 2019 AED 1,975,000; 2020 AED 1,750,000; 2021 AED 2,280,000; 2022 AED 2,600,000; 2023 AED 3,000,000; 2024 AED 3,537,500; 2025 AED 4,200,000Sold by developer, March 2014: AED 759,444 (AED 297 per sqft)Sold, October 2016: AED 759,444 (AED 297 per sqft)Sold, October 2019: AED 2,075,000 (AED 813 per sqft)

TH048 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH048, each contractTypical four-bed in Mira 2
150K200K2016201920222025Typical rent by year: 2016 AED 155,000; 2017 AED 150,000; 2018 AED 145,000; 2019 AED 130,000; 2020 AED 115,000; 2021 AED 115,000; 2022 AED 132,000; 2023 AED 145,000; 2024 AED 185,000; 2025 AED 187,195New contract, October 2016: AED 155,000 a yearRenewal, October 2017: AED 155,000 a yearRenewal, October 2018: AED 135,000 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Mira 2, and where TH048 sits

All 130 4-beds →

TH048 last sold in October 2019 at AED 813 per sqft, 4% above what four-beds in Mira 2 were fetching at the time (AED 783). TH048's AED 135,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
16 Oct 20253,815,000
3 Oct 20254,200,000
31 Jul 20254,310,000
21 Jul 20254,225,000
0 4-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 →

TH048, Mira 2 in numbers

  • Sold 3 times: first on 18 March 2014 for AED 759,444, last on 23 October 2019 for AED 2,075,000 (AED 813 per sqft).
  • Rented since October 2016 on 3 Ejari contracts, from AED 155,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2019 price is 6.5%.

Source: YallaValue analysis of Dubai Land Department records. Updated 23 October 2019.

Questions about TH048, Mira 2

What did villa TH048 last sell for?

AED 2,075,000 on 23 October 2019: AED 813 per sqft for 2,550 sqft. The villa has 3 registered sales; the first was AED 759,444 in March 2014.

What is the rent for villa TH048?

AED 135,000 a year on the contract renewed on 4 October 2018. The previous contract, from October 2017, was AED 155,000; the villa has been rented since October 2016.

How big is villa TH048?

2,550 sqft (236.9 sqm): a four-bedroom villa in Mira 2, 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.

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Mortgage on TH048, Mira 2

Starts from the last sale price (AED 2.08M, 23 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,075,000
Deposit, UAE resident (20%)
AED 415,000
Deposit, non-resident (40%)
AED 830,000
Monthly over 25 years at 3.7%
AED 8,489

Plus AED 92,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →