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

TH262, Mira 3

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH262 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 1.76M5 January 2023
Current rentAED 185K /yr20 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH262, Mira 3

What is TH262 worth today?

Last sold for AED 1,756,000 in 2023

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20 May 2024RentedRenewal
AED 185,000/yr12 months · AED 72 per sqft
20 May 2023RentedNew contract
AED 185,000/yr12 months · AED 72 per sqft
5 Jan 2023SoldReady
AED 1,756,000AED 686 per sqft
16 May 2022RentedRenewal
AED 110,000/yr12 months · AED 43 per sqft
16 May 2021RentedRenewal
AED 100,000/yr12 months · AED 39 per sqft
14 May 2020RentedNew contract
AED 94,492/yr12 months · AED 37 per sqft
10 Oct 2018RentedNew contract
AED 135,000/yr12 months · AED 53 per sqft
1 Jun 2017RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2024.

Key facts

Type
4-bed villa
Size
2,559 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.76M · January 2023
Community
Mira 3

About TH262, Mira 3

TH262 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 5 January 2023 for AED 1,756,000, or AED 686 per sqft, 30% below the AED 977 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 20 May 2024, is AED 185,000 a year: a gross yield of 10.5% on the 2023 price.

Sales and rents for TH262 over time

Sales
Villa TH262, 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 1,636,888 (AED 639 per sqft)Sold, January 2023: AED 1,756,000 (AED 686 per sqft)

TH262 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH262, 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, June 2017: AED 140,000 a yearNew contract, October 2018: AED 135,000 a yearNew contract, May 2020: AED 94,492 a yearRenewal, May 2021: AED 100,000 a yearRenewal, May 2022: AED 110,000 a yearNew contract, May 2023: AED 185,000 a yearRenewal, May 2024: AED 185,000 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 TH262 sits

All 142 4-beds →

TH262 last sold in January 2023 at AED 686 per sqft, 30% below what four-beds in Mira 3 were fetching at the time (AED 977). 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. TH262's AED 185,000 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 →

TH262, Mira 3 in numbers

  • Sold twice: first on 19 December 2013 for AED 1,636,888, last on 5 January 2023 for AED 1,756,000 (AED 686 per sqft).
  • Rented since June 2017 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 94,492 in 2020 and recovered to AED 185,000 by May 2024.
  • At AED 185,000 a year the gross yield on the 2023 price is 10.5%.
  • 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 20 May 2024.

Questions about TH262, Mira 3

What did villa TH262 last sell for?

AED 1,756,000 on 5 January 2023: AED 686 per sqft for 2,559 sqft. The villa has 2 registered sales; the first was AED 1,636,888 in December 2013.

What is the rent for villa TH262?

AED 185,000 a year on the contract renewed on 20 May 2024. The previous contract, from May 2023, was AED 185,000; the villa has been rented since June 2017.

How big is villa TH262?

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

What is villa TH262 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 TH262, Mira 3

Starts from the last sale price (AED 1.76M, 5 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,756,000
Deposit, UAE resident (20%)
AED 351,200
Deposit, non-resident (40%)
AED 702,400
Monthly over 25 years at 3.7%
AED 7,184

Plus AED 78,762 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →