4-bed · 2,559 sqftMira 3, Reem Mira · completed 2016

TH048, Mira 3

Sold prices and rental history: sold twice, last in January 2014, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH048 · DLD and Ejari recordsUpdated 27 November 2018
Last soldAED 1.63M21 January 2014
Current rentAED 140K /yr27 November 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH048, Mira 3

What is TH048 worth today?

Last sold for AED 1,629,888 in 2014

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27 Nov 2018RentedRenewal
AED 140,000/yr12 months · AED 55 per sqft
27 Nov 2017RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
21 Jan 2014SoldOff-plan
AED 1,629,888AED 636 per sqft
19 Dec 2013Sold by developerOff-plan
AED 1,629,888AED 636 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2018.

Key facts

Type
4-bed villa
Size
2,559 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.63M · January 2014
Community
Mira 3

About TH048, Mira 3

TH048 is a four-bedroom villa of 2,559 sqft in Mira 3, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 21 January 2014 for AED 1,629,888, or AED 636 per sqft, in line with the AED 650 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 27 November 2018, is AED 140,000 a year: a gross yield of 8.6% on the 2014 price.

Sales and rents for TH048 over time

Sales
Villa TH048, each saleTypical four-bed in Mira 3
2M4M2013201720212025Typical sale price by year: 2013 AED 1,659,888; 2014 AED 1,834,433; 2015 AED 1,863,888; 2016 AED 1,896,888; 2017 AED 2,300,000; 2018 AED 2,100,000; 2019 AED 1,950,000; 2020 AED 837,500; 2021 AED 2,150,000; 2022 AED 2,512,500; 2023 AED 2,750,000; 2024 AED 3,500,000; 2025 AED 3,975,000; 2026 AED 4,200,000Sold by developer, December 2013: AED 1,629,888 (AED 636 per sqft)Sold, January 2014: AED 1,629,888 (AED 636 per sqft)

TH048 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH048, each contractTypical four-bed in Mira 3
100K150K200K2016201920222025Typical rent by year: 2016 AED 130,000; 2017 AED 140,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 110,000; 2021 AED 115,000; 2022 AED 121,836; 2023 AED 140,000; 2024 AED 170,000; 2025 AED 180,000; 2026 AED 200,000New contract, November 2017: AED 140,000 a yearRenewal, November 2018: AED 140,000 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 3, and where TH048 sits

All 142 4-beds →

TH048 last sold in January 2014 at AED 636 per sqft, in line with what four-beds in Mira 3 were fetching at the time (AED 650). Over the last 12 months four-beds sold for AED 3,900,000 to 4,400,000, around AED 1,644 per sqft, and rent for AED 170,000 to 250,000 a year. TH048's AED 140,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
18 Feb 20264,100,000
11 Feb 20264,200,000
2 Feb 20264,200,000
26 Jan 20264,200,000
6 4-bed sales in the last 12 months

Mira 3

Community

402 villas, 3-bed to 4-bed in Reem Mira, completed in 2016 by Al Aryam Phase One. 9 sold in the last 12 months.

Typical price per sqft
AED 1,602
Typical sale
AED 4.1M
Typical rent
AED 175K /yr
Typical yield
4.4%
Mira 3, Reem Mira: prices, sales and rents →

TH048, Mira 3 in numbers

  • Sold twice: first on 19 December 2013 for AED 1,629,888, last on 21 January 2014 for AED 1,629,888 (AED 636 per sqft).
  • Rented since November 2017 on 2 Ejari contracts, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2014 price is 8.6%.
  • Four-beds in Mira 3 sold for AED 3,900,000–4,400,000 in the 12 months to November 2026; the community's median across all types is AED 1,602 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 27 November 2018.

Questions about TH048, Mira 3

What did villa TH048 last sell for?

AED 1,629,888 on 21 January 2014: AED 636 per sqft for 2,559 sqft. The villa has 2 registered sales; the first was AED 1,629,888 in December 2013.

What is the rent for villa TH048?

AED 140,000 a year on the contract renewed on 27 November 2018. The previous contract, from November 2017, was AED 140,000.

How big is villa TH048?

2,559 sqft (237.7 sqm): a four-bedroom villa in Mira 3, completed in 2016.

What is villa TH048 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Mira 3 sold for AED 3,900,000 to 4,400,000 in the last 12 months, around AED 1,644 per sqft.

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Mortgage on TH048, Mira 3

Starts from the last sale price (AED 1.63M, 21 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,629,888
Deposit, UAE resident (20%)
AED 325,978
Deposit, non-resident (40%)
AED 651,955
Monthly over 25 years at 3.7%
AED 6,668

Plus AED 73,466 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →