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

TH248, Mira 3

Sold prices and rental history: sold 3 times, last in December 2020, and rented since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH248 · DLD and Ejari recordsUpdated 20 December 2020
Last soldAED 1.47M20 December 2020
Current rentAED 88K /yr20 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH248, Mira 3

What is TH248 worth today?

Last sold for AED 1,470,000 in 2020

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20 Dec 2020SoldReady
AED 1,470,000AED 586 per sqft
20 Jul 2020RentedNew contract
AED 88,000/yr12 months · AED 35 per sqft
15 Feb 2019RentedNew contract
AED 110,000/yr12 months · AED 44 per sqft
22 Apr 2018SoldReady
AED 1,383,888AED 551 per sqft
15 Dec 2013Sold by developerOff-plan
AED 1,383,888AED 551 per sqft

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

Key facts

Type
3-bed villa
Size
2,507 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.47M · December 2020
Community
Mira 3

About TH248, Mira 3

TH248 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 20 December 2020 for AED 1,470,000, or AED 586 per sqft, 5% below the AED 616 three-beds in the community were fetching at the time.

It has been rented since 2019 on 2 Ejari contracts. The current contract, signed on 20 July 2020, is AED 88,000 a year: a gross yield of 6.0% on the 2020 price.

Sales and rents for TH248 over time

Sales
Villa TH248, 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 1,383,888 (AED 551 per sqft)Sold, April 2018: AED 1,383,888 (AED 551 per sqft)Sold, December 2020: AED 1,470,000 (AED 586 per sqft)

TH248 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH248, 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 2019: AED 110,000 a yearNew contract, July 2020: AED 88,000 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 TH248 sits

All 260 3-beds →

TH248 last sold in December 2020 at AED 586 per sqft, 5% below what three-beds in Mira 3 were fetching at the time (AED 616). 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. TH248's AED 88,000 is at the bottom 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 →

TH248, Mira 3 in numbers

  • Sold 3 times: first on 15 December 2013 for AED 1,383,888, last on 20 December 2020 for AED 1,470,000 (AED 586 per sqft).
  • Rented since February 2019 on 2 Ejari contracts, from AED 110,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2020 price is 6.0%.
  • 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 20 December 2020.

Questions about TH248, Mira 3

What did villa TH248 last sell for?

AED 1,470,000 on 20 December 2020: AED 586 per sqft for 2,507 sqft. The villa has 3 registered sales; the first was AED 1,383,888 in December 2013.

What is the rent for villa TH248?

AED 88,000 a year on the contract signed on 20 July 2020. The previous contract, from February 2019, was AED 110,000.

How big is villa TH248?

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

What is villa TH248 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 TH248, Mira 3

Starts from the last sale price (AED 1.47M, 20 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,470,000
Deposit, UAE resident (20%)
AED 294,000
Deposit, non-resident (40%)
AED 588,000
Monthly over 25 years at 3.7%
AED 6,014

Plus AED 66,750 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →