4-bed · 2,559 sqftMira 2, Reem Mira · completed 2016

TH323, Mira 2

Sold prices and rental history: sold once, by the developer in December 2018, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH323 · DLD and Ejari recordsUpdated 20 January 2020
Last soldAED 2.29M10 December 2018
Current rentAED 125K /yr20 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH323, Mira 2

What is TH323 worth today?

Last sold for AED 2,291,888 in 2018

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20 Jan 2020RentedRenewal
AED 125,000/yr12 months · AED 49 per sqft
20 Jan 2019RentedNew contract
AED 130,000/yr12 months · AED 51 per sqft
10 Dec 2018Sold by developerReady
AED 2,291,888AED 895 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2020.

Key facts

Type
4-bed villa
Size
2,559 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 2.29M · December 2018
Community
Mira 2

About TH323, Mira 2

TH323 is a four-bedroom villa of 2,559 sqft in Mira 2, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. The developer sold it on 10 December 2018 for AED 2,291,888, or AED 895 per sqft, 12% above the AED 801 four-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, renewed on 20 January 2020, is AED 125,000 a year: a gross yield of 5.5% on the 2018 price.

Sales and rents for TH323 over time

Sales
Villa TH323, 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, December 2018: AED 2,291,888 (AED 895 per sqft)

TH323 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH323, 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, January 2019: AED 130,000 a yearRenewal, January 2020: AED 125,000 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 TH323 sits

All 130 4-beds →

TH323 last sold in December 2018 at AED 895 per sqft, 12% above what four-beds in Mira 2 were fetching at the time (AED 801). TH323's AED 125,000 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 159K /yr
Typical yield
5.0%
Mira 2, Reem Mira: prices, sales and rents →

TH323, Mira 2 in numbers

  • Sold once: by Al Aryam Phase One on 10 December 2018 for AED 2,291,888, or AED 895 per sqft.
  • Rented since January 2019 on 2 Ejari contracts, from AED 130,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2018 price is 5.5%.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 January 2020.

Questions about TH323, Mira 2

What did villa TH323 last sell for?

AED 2,291,888 on 10 December 2018, sold by the developer: AED 895 per sqft for 2,559 sqft. It is the only registered sale of the villa.

What is the rent for villa TH323?

AED 125,000 a year on the contract renewed on 20 January 2020. The previous contract, from January 2019, was AED 130,000.

How big is villa TH323?

2,559 sqft (237.7 sqm): a four-bedroom villa in Mira 2, completed in 2016.

What is villa TH323 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 TH323, Mira 2

Starts from the last sale price (AED 2.29M, 10 December 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,291,888
Deposit, UAE resident (20%)
AED 458,378
Deposit, non-resident (40%)
AED 916,755
Monthly over 25 years at 3.7%
AED 9,377

Plus AED 101,270 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →