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3-bed · 2,578 sqftMira 2, Reem Mira · completed 2016

TH241, Mira 2

Sold prices and rental history: sold twice, last in March 2015, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH241 · DLD and Ejari recordsUpdated 20 July 2023
Last soldAED 1.68M1 March 2015
Current rentAED 109K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH241, Mira 2

What is TH241 worth today?

Last sold for AED 1,680,416 in 2015

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20 Jul 2023RentedRenewal
AED 108,900/yr12 months · AED 42 per sqft
20 Jul 2022RentedRenewal
AED 99,000/yr12 months · AED 38 per sqft
20 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 35 per sqft
20 Jul 2020RentedNew contract
AED 90,000/yr12 months · AED 35 per sqft
1 Nov 2019RentedRenewal
AED 127,000/yr12 months · AED 49 per sqft
1 Nov 2018RentedNew contract
AED 138,000/yr12 months · AED 54 per sqft
1 Nov 2016RentedNew contract
AED 150,000/yr12 months · AED 58 per sqft
1 Mar 2015SoldOff-plan
AED 1,680,416AED 651 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 July 2023.

Key facts

Type
3-bed villa
Size
2,578 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.68M · March 2015
Community
Mira 2

About TH241, Mira 2

TH241 is a three-bedroom villa of 2,578 sqft in Mira 2, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 1 March 2015 for AED 1,680,416, or AED 651 per sqft, in line with the AED 661 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 20 July 2023, is AED 108,900 a year: a gross yield of 6.5% on the 2015 price.

Sales and rents for TH241 over time

Sales
Villa TH241, 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, February 2015: AED 1,513,888 (AED 587 per sqft)Sold, March 2015: AED 1,680,416 (AED 651 per sqft)

TH241 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH241, 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 150,000 a yearNew contract, November 2018: AED 138,000 a yearRenewal, November 2019: AED 127,000 a yearNew contract, July 2020: AED 90,000 a yearRenewal, July 2021: AED 90,000 a yearRenewal, July 2022: AED 99,000 a yearRenewal, July 2023: AED 108,900 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 TH241 sits

All 204 3-beds →

TH241 last sold in March 2015 at AED 651 per sqft, in line with what three-beds in Mira 2 were fetching at the time (AED 661). 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. TH241's AED 108,900 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 →

TH241, Mira 2 in numbers

  • Sold twice: first on 23 February 2015 for AED 1,513,888, last on 1 March 2015 for AED 1,680,416 (AED 651 per sqft).
  • Rented since November 2016 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 90,000 in 2021 and recovered to AED 108,900 by July 2023.
  • At AED 108,900 a year the gross yield on the 2015 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 20 July 2023.

Questions about TH241, Mira 2

What did villa TH241 last sell for?

AED 1,680,416 on 1 March 2015: AED 651 per sqft for 2,578 sqft. The villa has 2 registered sales; the first was AED 1,513,888 in February 2015.

What is the rent for villa TH241?

AED 108,900 a year on the contract renewed on 20 July 2023. The previous contract, from July 2022, was AED 99,000; the villa has been rented since November 2016.

How big is villa TH241?

2,578 sqft (239.5 sqm): a three-bedroom villa in Mira 2, completed in 2016.

What is villa TH241 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 TH241, Mira 2

Starts from the last sale price (AED 1.68M, 1 March 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,416
Deposit, UAE resident (20%)
AED 336,083
Deposit, non-resident (40%)
AED 672,166
Monthly over 25 years at 3.7%
AED 6,875

Plus AED 75,588 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →