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4-bed · 2,550 sqftMira 3, Reem Mira · completed 2016

TH062, Mira 3

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH062 · DLD and Ejari recordsUpdated 19 July 2024
Last soldAED 2.45M30 September 2021
Current rentAED 175K /yr19 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH062, Mira 3

What is TH062 worth today?

Last sold for AED 2,450,000 in 2021

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19 Jul 2024RentedRenewal
AED 175,000/yr12 months · AED 69 per sqft
19 Jul 2023RentedRenewal
AED 160,000/yr12 months · AED 63 per sqft
19 Jul 2022RentedRenewal
AED 127,000/yr12 months · AED 50 per sqft
30 Sep 2021SoldReady
AED 2,450,000AED 960 per sqft
19 Jul 2021RentedRenewal
AED 115,500/yr12 months · AED 45 per sqft
19 Jul 2019RentedNew contract
AED 130,000/yr12 months · AED 51 per sqft
23 Mar 2017RentedNew contract
AED 145,000/yr12 months · AED 57 per sqft
22 Sep 2014SoldOff-plan
AED 1,656,888AED 649 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2024.

Key facts

Type
4-bed villa
Size
2,550 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 2.45M · September 2021
Community
Mira 3

About TH062, Mira 3

TH062 is a four-bedroom villa of 2,550 sqft in Mira 3, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 30 September 2021 for AED 2,450,000, or AED 960 per sqft, 16% above the AED 829 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 19 July 2024, is AED 175,000 a year: a gross yield of 7.1% on the 2021 price.

Sales and rents for TH062 over time

Sales
Villa TH062, 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, October 2013: AED 1,656,888 (AED 649 per sqft)Sold, September 2014: AED 1,656,888 (AED 649 per sqft)Sold, September 2021: AED 2,450,000 (AED 960 per sqft)

TH062 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH062, 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, March 2017: AED 145,000 a yearNew contract, July 2019: AED 130,000 a yearRenewal, July 2021: AED 115,500 a yearRenewal, July 2022: AED 127,000 a yearRenewal, July 2023: AED 160,000 a yearRenewal, July 2024: AED 175,000 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 TH062 sits

All 142 4-beds →

TH062 last sold in September 2021 at AED 960 per sqft, 16% above what four-beds in Mira 3 were fetching at the time (AED 829). 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. TH062's AED 175,000 is in the lower half 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 →

TH062, Mira 3 in numbers

  • Sold 3 times: first on 2 October 2013 for AED 1,656,888, last on 30 September 2021 for AED 2,450,000 (AED 960 per sqft).
  • Rented since March 2017 on 6 Ejari contracts. The rent fell from AED 145,000 to AED 115,500 in 2021 and recovered to AED 175,000 by July 2024.
  • At AED 175,000 a year the gross yield on the 2021 price is 7.1%.
  • 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 19 July 2024.

Questions about TH062, Mira 3

What did villa TH062 last sell for?

AED 2,450,000 on 30 September 2021: AED 960 per sqft for 2,550 sqft. The villa has 3 registered sales; the first was AED 1,656,888 in October 2013.

What is the rent for villa TH062?

AED 175,000 a year on the contract renewed on 19 July 2024. The previous contract, from July 2023, was AED 160,000; the villa has been rented since March 2017.

How big is villa TH062?

2,550 sqft (236.9 sqm): a four-bedroom villa in Mira 3, completed in 2016.

What is villa TH062 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 TH062, Mira 3

Starts from the last sale price (AED 2.45M, 30 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →