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

TH054, Mira 3

Sold prices and rental history: sold twice, last in December 2016, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH054 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.88M19 December 2016
Current rentAED 160K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH054, Mira 3

What is TH054 worth today?

Last sold for AED 1,875,000 in 2016

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1 Sep 2024RentedRenewal
AED 160,000/yr12 months · AED 64 per sqft
1 Sep 2023RentedNew contract
AED 160,000/yr12 months · AED 64 per sqft
27 Apr 2022RentedNew contract
AED 110,000/yr12 months · AED 44 per sqft
6 Jun 2021RentedRenewal
AED 100,000/yr12 months · AED 40 per sqft
6 Jun 2020RentedRenewal
AED 94,000/yr12 months · AED 37 per sqft
6 Jun 2019RentedNew contract
AED 105,000/yr12 months · AED 42 per sqft
14 Aug 2018RentedNew contract
AED 125,000/yr12 months · AED 50 per sqft
20 Feb 2017RentedNew contract
AED 125,000/yr12 months · AED 50 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

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

About TH054, Mira 3

TH054 is a three-bedroom villa of 2,507 sqft in Mira 3, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 19 December 2016 for AED 1,875,000, or AED 747 per sqft, 6% above the AED 708 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 160,000 a year: a gross yield of 8.5% on the 2016 price.

Sales and rents for TH054 over time

Sales
Villa TH054, each saleTypical three-bed in Mira 3
2M3M2013201720212025Typical sale price by year: 2013 AED 1,383,888; 2014 AED 1,562,737; 2015 AED 1,545,712; 2016 AED 1,681,309; 2017 AED 1,820,000; 2018 AED 1,575,999; 2019 AED 1,500,000; 2020 AED 1,435,000; 2021 AED 1,800,000; 2022 AED 1,997,500; 2023 AED 2,205,000; 2024 AED 2,550,000; 2025 AED 3,200,000Sold by developer, December 2013: AED 1,520,888 (AED 606 per sqft)Sold, December 2016: AED 1,875,000 (AED 747 per sqft)

TH054 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH054, each contractTypical three-bed in Mira 3
100K150K2016201920222025Typical rent by year: 2016 AED 125,000; 2017 AED 125,000; 2018 AED 125,000; 2019 AED 112,500; 2020 AED 90,000; 2021 AED 97,000; 2022 AED 108,000; 2023 AED 120,000; 2024 AED 140,000; 2025 AED 153,596; 2026 AED 175,000New contract, February 2017: AED 125,000 a yearNew contract, August 2018: AED 125,000 a yearNew contract, June 2019: AED 105,000 a yearRenewal, June 2020: AED 94,000 a yearRenewal, June 2021: AED 100,000 a yearNew contract, April 2022: AED 110,000 a yearNew contract, September 2023: AED 160,000 a yearRenewal, September 2024: AED 160,000 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 3, and where TH054 sits

All 260 3-beds →

TH054 last sold in December 2016 at AED 747 per sqft, 6% above what three-beds in Mira 3 were fetching at the time (AED 708). Over the last 12 months three-beds sold for AED 2,800,000 to 3,800,000, around AED 1,298 per sqft, and rent for AED 118,250 to 200,000 a year. TH054's AED 160,000 is in the upper half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
9 Jan 20263,250,000
24 Dec 20252,800,000
23 Dec 20253,800,000
3 Nov 20253,300,000
3 3-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 →

TH054, Mira 3 in numbers

  • Sold twice: first on 23 December 2013 for AED 1,520,888, last on 19 December 2016 for AED 1,875,000 (AED 747 per sqft).
  • Rented since February 2017 on 8 Ejari contracts. The rent fell from AED 125,000 to AED 94,000 in 2020 and recovered to AED 160,000 by September 2024.
  • At AED 160,000 a year the gross yield on the 2016 price is 8.5%.
  • Three-beds in Mira 3 sold for AED 2,800,000–3,800,000 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 1 September 2024.

Questions about TH054, Mira 3

What did villa TH054 last sell for?

AED 1,875,000 on 19 December 2016: AED 747 per sqft for 2,507 sqft. The villa has 2 registered sales; the first was AED 1,520,888 in December 2013.

What is the rent for villa TH054?

AED 160,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 160,000; the villa has been rented since February 2017.

How big is villa TH054?

2,507 sqft (232.9 sqm): a three-bedroom villa in Mira 3, completed in 2016.

What is villa TH054 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mira 3 sold for AED 2,800,000 to 3,800,000 in the last 12 months, around AED 1,298 per sqft.

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Mortgage on TH054, Mira 3

Starts from the last sale price (AED 1.88M, 19 December 2016). 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 →