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3-bed · 2,507 sqftMira 2, Reem Mira · completed 2016

TH062, Mira 2

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

Villa TH062 · DLD and Ejari recordsUpdated 7 August 2024
Last soldAED 1.95M3 November 2016
Current rentAED 127K /yr7 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH062, Mira 2

What is TH062 worth today?

Last sold for AED 1,950,000 in 2016

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7 Aug 2024RentedRenewal
AED 127,050/yr12 months · AED 51 per sqft
7 Aug 2023RentedRenewal
AED 115,500/yr12 months · AED 46 per sqft
9 Aug 2021RentedRenewal
AED 110,000/yr12 months · AED 44 per sqft
9 Aug 2020RentedRenewal
AED 110,000/yr12 months · AED 44 per sqft
9 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 44 per sqft
1 Jan 2019RentedNew contract
AED 150,000/yr12 months · AED 60 per sqft
3 Nov 2016SoldReady
AED 1,950,000AED 777 per sqft
16 Dec 2013Sold by developerOff-plan
AED 1,256,888AED 501 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 August 2024.

Key facts

Type
3-bed villa
Size
2,507 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.95M · November 2016
Community
Mira 2

About TH062, Mira 2

TH062 is a three-bedroom villa of 2,507 sqft in Mira 2, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 3 November 2016 for AED 1,950,000, or AED 777 per sqft, 13% above the AED 690 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 6 Ejari contracts. The current contract, renewed on 7 August 2024, is AED 127,050 a year: a gross yield of 6.5% on the 2016 price.

Sales and rents for TH062 over time

Sales
Villa TH062, 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 1,256,888 (AED 501 per sqft)Sold, November 2016: AED 1,950,000 (AED 777 per sqft)

TH062 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH062, 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, January 2019: AED 150,000 a yearNew contract, August 2019: AED 110,000 a yearRenewal, August 2020: AED 110,000 a yearRenewal, August 2021: AED 110,000 a yearRenewal, August 2023: AED 115,500 a yearRenewal, August 2024: AED 127,050 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 TH062 sits

All 204 3-beds →

TH062 last sold in November 2016 at AED 777 per sqft, 13% above what three-beds in Mira 2 were fetching at the time (AED 690). 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. TH062's AED 127,050 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 →

TH062, Mira 2 in numbers

  • Sold twice: first on 16 December 2013 for AED 1,256,888, last on 3 November 2016 for AED 1,950,000 (AED 777 per sqft).
  • Rented since January 2019 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2021 and recovered to AED 127,050 by August 2024.
  • At AED 127,050 a year the gross yield on the 2016 price is 6.5%.
  • 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 7 August 2024.

Questions about TH062, Mira 2

What did villa TH062 last sell for?

AED 1,950,000 on 3 November 2016: AED 777 per sqft for 2,507 sqft. The villa has 2 registered sales; the first was AED 1,256,888 in December 2013.

What is the rent for villa TH062?

AED 127,050 a year on the contract renewed on 7 August 2024. The previous contract, from August 2023, was AED 115,500; the villa has been rented since January 2019.

How big is villa TH062?

2,507 sqft (232.9 sqm): a three-bedroom villa in Mira 2, completed in 2016.

What is villa TH062 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 TH062, Mira 2

Starts from the last sale price (AED 1.95M, 3 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →