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

TH240, Mira 2

Sold prices and rental history: sold 3 times, last in May 2017, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH240 · DLD and Ejari recordsUpdated 2 November 2019
Last soldAED 2.15M7 May 2017
Current rentAED 50K /yr2 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH240, Mira 2

What is TH240 worth today?

Last sold for AED 2,150,000 in 2017

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2 Nov 2019RentedRenewal
AED 50,000/yr24 months · AED 20 per sqft
2 Nov 2017RentedNew contract
AED 50,000/yr24 months · AED 20 per sqft
7 May 2017SoldReady
AED 2,150,000AED 843 per sqft
14 Mar 2017SoldReady
AED 2,250,000AED 882 per sqft
16 Oct 2016Sold by developerReady
AED 1,578,888AED 619 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 2 November 2019.

Key facts

Type
4-bed villa
Size
2,550 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 2.15M · May 2017
Community
Mira 2

About TH240, Mira 2

TH240 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 7 May 2017 for AED 2,150,000, or AED 843 per sqft, in line with the AED 845 four-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, renewed on 2 November 2019, is AED 50,000 a year: a gross yield of 2.3% on the 2017 price.

Sales and rents for TH240 over time

Sales
Villa TH240, 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, October 2016: AED 1,578,888 (AED 619 per sqft)Sold, March 2017: AED 2,250,000 (AED 882 per sqft)Sold, May 2017: AED 2,150,000 (AED 843 per sqft)

TH240 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH240, each contractTypical four-bed in Mira 2
100K200K2016201920222025Typical 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, November 2017: AED 50,000 a yearRenewal, November 2019: AED 50,000 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 TH240 sits

All 130 4-beds →

TH240 last sold in May 2017 at AED 843 per sqft, in line with what four-beds in Mira 2 were fetching at the time (AED 845). TH240's AED 50,000 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 →

TH240, Mira 2 in numbers

  • Sold 3 times: first on 16 October 2016 for AED 1,578,888, last on 7 May 2017 for AED 2,150,000 (AED 843 per sqft).
  • Rented since November 2017 on 2 Ejari contracts, at AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2017 price is 2.3%.

Source: YallaValue analysis of Dubai Land Department records. Updated 2 November 2019.

Questions about TH240, Mira 2

What did villa TH240 last sell for?

AED 2,150,000 on 7 May 2017: AED 843 per sqft for 2,550 sqft. The villa has 3 registered sales; the first was AED 1,578,888 in October 2016.

What is the rent for villa TH240?

AED 50,000 a year on the contract renewed on 2 November 2019. The previous contract, from November 2017, was AED 50,000.

How big is villa TH240?

2,550 sqft (236.9 sqm): a four-bedroom villa in Mira 2, completed in 2016.

What is villa TH240 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 TH240, Mira 2

Starts from the last sale price (AED 2.15M, 7 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →