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

TH324, Mira 2

Sold prices and rental history: sold twice, last in August 2018, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH324 · DLD and Ejari recordsUpdated 7 August 2018
Last soldAED 1.88M7 August 2018
Current rentAED 138K /yr1 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH324, Mira 2

What is TH324 worth today?

Last sold for AED 1,875,000 in 2018

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7 Aug 2018SoldReady
AED 1,875,000AED 747 per sqft
1 Mar 2018RentedNew contract
AED 138,300/yr12 months · AED 55 per sqft
1 Mar 2017RentedNew contract
AED 138,300/yr12 months · AED 55 per sqft
19 Dec 2013Sold by developerOff-plan
AED 1,442,888AED 575 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 August 2018.

Key facts

Type
3-bed villa
Size
2,507 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.88M · August 2018
Community
Mira 2

About TH324, Mira 2

TH324 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 7 August 2018 for AED 1,875,000, or AED 747 per sqft, in line with the AED 757 three-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 1 March 2018, is AED 138,300 a year: a gross yield of 7.4% on the 2018 price.

Sales and rents for TH324 over time

Sales
Villa TH324, 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 1,442,888 (AED 575 per sqft)Sold, August 2018: AED 1,875,000 (AED 747 per sqft)

TH324 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH324, 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, March 2017: AED 138,300 a yearNew contract, March 2018: AED 138,300 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 TH324 sits

All 204 3-beds →

TH324 last sold in August 2018 at AED 747 per sqft, in line with what three-beds in Mira 2 were fetching at the time (AED 757). 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. TH324's AED 138,300 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 159K /yr
Typical yield
5.0%
Mira 2, Reem Mira: prices, sales and rents →

TH324, Mira 2 in numbers

  • Sold twice: first on 19 December 2013 for AED 1,442,888, last on 7 August 2018 for AED 1,875,000 (AED 747 per sqft).
  • Rented since March 2017 on 2 Ejari contracts, at AED 138,300 a year.
  • At AED 138,300 a year the gross yield on the 2018 price is 7.4%.
  • 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 2018.

Questions about TH324, Mira 2

What did villa TH324 last sell for?

AED 1,875,000 on 7 August 2018: AED 747 per sqft for 2,507 sqft. The villa has 2 registered sales; the first was AED 1,442,888 in December 2013.

What is the rent for villa TH324?

AED 138,300 a year on the contract signed on 1 March 2018. The previous contract, from March 2017, was AED 138,300.

How big is villa TH324?

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

What is villa TH324 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 TH324, Mira 2

Starts from the last sale price (AED 1.88M, 7 August 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,875,000
Deposit, UAE resident (20%)
AED 375,000
Deposit, non-resident (40%)
AED 750,000
Monthly over 25 years at 3.7%
AED 7,671

Plus AED 83,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →