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

TH218, Mira 2

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH218 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 2.55M2 July 2024
Current rentAED 120K /yr7 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH218, Mira 2

What is TH218 worth today?

Last sold for AED 2,550,000 in 2024

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2 Jul 2024SoldReady
AED 2,550,000AED 1,182 per sqft
7 Aug 2023RentedRenewal
AED 120,000/yr8 months · AED 56 per sqft
7 Aug 2022RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
7 Aug 2021RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
19 Sep 2020RentedRenewal
AED 90,000/yr12 months · AED 42 per sqft
19 Sep 2019RentedNew contract
AED 105,000/yr12 months · AED 49 per sqft
26 Dec 2013SoldOff-plan
AED 1,422,030AED 659 per sqft
16 Dec 2013Sold by developerOff-plan
AED 1,225,888AED 568 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 July 2024.

Key facts

Type
3-bed villa
Size
2,156 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 2.55M · July 2024
Community
Mira 2

About TH218, Mira 2

TH218 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. It last sold on 2 July 2024 for AED 2,550,000, or AED 1,182 per sqft, 6% above the AED 1,112 three-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, renewed on 7 August 2023, is AED 120,000 a year: a gross yield of 4.7% on the 2024 price.

Sales and rents for TH218 over time

Sales
Villa TH218, 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, December 2013: AED 1,422,030 (AED 659 per sqft)Sold by developer, December 2013: AED 1,225,888 (AED 568 per sqft)Sold, July 2024: AED 2,550,000 (AED 1,182 per sqft)

TH218 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH218, 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, September 2019: AED 105,000 a yearRenewal, September 2020: AED 90,000 a yearNew contract, August 2021: AED 115,000 a yearRenewal, August 2022: AED 120,000 a yearRenewal, August 2023: AED 120,000 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 TH218 sits

All 204 3-beds →

TH218 last sold in July 2024 at AED 1,182 per sqft, 6% above what three-beds in Mira 2 were fetching at the time (AED 1,112). 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. TH218's AED 120,000 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 →

TH218, Mira 2 in numbers

  • Sold 3 times: first on 16 December 2013 for AED 1,225,888, last on 2 July 2024 for AED 2,550,000 (AED 1,182 per sqft).
  • Rented since September 2019 on 5 Ejari contracts. The rent fell from AED 105,000 to AED 90,000 in 2020 and recovered to AED 120,000 by August 2023.
  • At AED 120,000 a year the gross yield on the 2024 price is 4.7%.
  • 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 2 July 2024.

Questions about TH218, Mira 2

What did villa TH218 last sell for?

AED 2,550,000 on 2 July 2024: AED 1,182 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 1,225,888 in December 2013.

What is the rent for villa TH218?

AED 120,000 a year on the contract renewed on 7 August 2023. The previous contract, from August 2022, was AED 120,000; the villa has been rented since September 2019.

How big is villa TH218?

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

What is villa TH218 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 TH218, Mira 2

Starts from the last sale price (AED 2.55M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,550,000
Deposit, UAE resident (20%)
AED 510,000
Deposit, non-resident (40%)
AED 1,020,000
Monthly over 25 years at 3.7%
AED 10,433

Plus AED 112,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →