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3-bed · 2,578 sqftMira 4, Reem Mira · completed 2016

TH397, Mira 4

Sold prices and rental history: sold 5 times, last in December 2023, and rented once, from June 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH397 · DLD and Ejari recordsUpdated 20 December 2023
Last soldAED 2.8M20 December 2023
Current rentAED 125K /yr1 June 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH397, Mira 4

What is TH397 worth today?

Last sold for AED 2,800,000 in 2023

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20 Dec 2023SoldReady
AED 2,800,000AED 1,086 per sqft
18 Jul 2023SoldReady
AED 2,550,000AED 989 per sqft
13 Nov 2017SoldReady
AED 1,025,000AED 397 per sqft
1 Jun 2017RentedNew contract
AED 125,000/yr12 months · AED 48 per sqft
9 Feb 2015SoldOff-plan
AED 1,491,888AED 578 per sqft
17 Dec 2013Sold by developerOff-plan
AED 1,491,888AED 578 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2023.

Key facts

Type
3-bed villa
Size
2,578 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 2.8M · December 2023
Community
Mira 4

About TH397, Mira 4

TH397 is a three-bedroom villa of 2,578 sqft in Mira 4, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 20 December 2023 for AED 2,800,000, or AED 1,086 per sqft, 10% above the AED 989 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 June 2017. The current contract, signed on 1 June 2017, is AED 125,000 a year: a gross yield of 4.5% on the 2023 price.

Sales and rents for TH397 over time

Sales
Villa TH397, each saleTypical three-bed in Mira 4
1M2M3M2013201720212025Typical sale price by year: 2013 AED 1,424,888; 2014 AED 1,621,166; 2015 AED 1,605,010; 2016 AED 1,739,617; 2017 AED 1,930,000; 2018 AED 1,925,000; 2019 AED 1,600,000; 2020 AED 1,350,000; 2021 AED 1,657,500; 2022 AED 1,950,000; 2023 AED 2,387,500; 2024 AED 2,700,000; 2025 AED 3,125,000Sold by developer, December 2013: AED 1,491,888 (AED 578 per sqft)Sold, February 2015: AED 1,491,888 (AED 578 per sqft)Sold, November 2017: AED 1,025,000 (AED 397 per sqft)Sold, July 2023: AED 2,550,000 (AED 989 per sqft)Sold, December 2023: AED 2,800,000 (AED 1,086 per sqft)

TH397 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH397, each contractTypical three-bed in Mira 4
100K150K2016201920222025Typical rent by year: 2016 AED 132,000; 2017 AED 125,000; 2018 AED 125,000; 2019 AED 115,000; 2020 AED 90,000; 2021 AED 96,300; 2022 AED 105,000; 2023 AED 120,000; 2024 AED 142,500; 2025 AED 152,000; 2026 AED 162,500New contract, June 2017: AED 125,000 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 4, and where TH397 sits

All 324 3-beds →

TH397 last sold in December 2023 at AED 1,086 per sqft, 10% above what three-beds in Mira 4 were fetching at the time (AED 989). Over the last 12 months three-beds sold for AED 3,050,000, around AED 1,414 per sqft, and rent for AED 79,763 to 195,000 a year. TH397's AED 125,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
21 Jan 20263,050,000
14 Oct 20252,900,000
14 Oct 20253,750,000
3 Sep 20253,450,000
1 3-bed sale in the last 12 months

Mira 4

Community

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

Typical price per sqft
AED 1,718
Typical sale
AED 4.5M
Typical rent
AED 163K /yr
Typical yield
4.0%
Mira 4, Reem Mira: prices, sales and rents →

TH397, Mira 4 in numbers

  • Sold 5 times: first on 17 December 2013 for AED 1,491,888, last on 20 December 2023 for AED 2,800,000 (AED 1,086 per sqft).
  • Rented since June 2017 on one Ejari contract, at AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2023 price is 4.5%.
  • Three-beds in Mira 4 sold for AED 3,050,000–3,050,000 in the 12 months to November 2026; the community's median across all types is AED 1,718 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 20 December 2023.

Questions about TH397, Mira 4

What did villa TH397 last sell for?

AED 2,800,000 on 20 December 2023: AED 1,086 per sqft for 2,578 sqft. The villa has 5 registered sales; the first was AED 1,491,888 in December 2013.

What is the rent for villa TH397?

AED 125,000 a year on the contract signed on 1 June 2017.

How big is villa TH397?

2,578 sqft (239.5 sqm): a three-bedroom villa in Mira 4, completed in 2016.

What is villa TH397 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Mira 4 sold for AED 3,050,000 to 3,050,000 in the last 12 months, around AED 1,414 per sqft.

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Mortgage on TH397, Mira 4

Starts from the last sale price (AED 2.8M, 20 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →