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

TH408, Mira 4

Sold prices and rental history: sold twice, last in February 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH408 · DLD and Ejari recordsUpdated 15 September 2024
Last soldAED 1.77M17 February 2014
Current rentAED 200K /yr15 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH408, Mira 4

What is TH408 worth today?

Last sold for AED 1,765,000 in 2014

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15 Sep 2024RentedNew contract
AED 200,000/yr12 months · AED 78 per sqft
15 Aug 2023RentedRenewal
AED 176,000/yr12 months · AED 69 per sqft
15 Aug 2022RentedNew contract
AED 160,000/yr12 months · AED 63 per sqft
15 Aug 2021RentedRenewal
AED 115,000/yr12 months · AED 45 per sqft
15 Aug 2020RentedRenewal
AED 105,000/yr12 months · AED 41 per sqft
15 Aug 2019RentedRenewal
AED 115,000/yr12 months · AED 45 per sqft
15 Feb 2019RentedRenewal
AED 130,000/yr6 months · AED 51 per sqft
15 Feb 2018RentedNew contract
AED 130,000/yr12 months · AED 51 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 September 2024.

Key facts

Type
4-bed villa
Size
2,559 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 1.77M · February 2014
Community
Mira 4

About TH408, Mira 4

TH408 is a four-bedroom villa of 2,559 sqft in Mira 4, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 17 February 2014 for AED 1,765,000, or AED 689 per sqft, in line with the AED 681 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, signed on 15 September 2024, is AED 200,000 a year: a gross yield of 11.3% on the 2014 price.

Sales and rents for TH408 over time

Sales
Villa TH408, each saleTypical four-bed in Mira 4
2M4M2013201720212025Typical sale price by year: 2013 AED 1,744,888; 2014 AED 1,953,166; 2015 AED 1,867,874; 2016 AED 1,999,888; 2017 AED 2,280,000; 2018 AED 2,150,000; 2019 AED 1,775,000; 2020 AED 1,600,000; 2021 AED 2,175,000; 2022 AED 2,450,000; 2023 AED 2,925,000; 2024 AED 3,440,000; 2025 AED 4,150,000Sold by developer, December 2013: AED 1,604,888 (AED 627 per sqft)Sold, February 2014: AED 1,765,000 (AED 689 per sqft)

TH408 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH408, each contractTypical four-bed in Mira 4
100K150K200K2017202020232026Typical rent by year: 2017 AED 140,000; 2018 AED 140,000; 2019 AED 133,000; 2020 AED 110,000; 2021 AED 118,000; 2022 AED 125,000; 2023 AED 140,000; 2024 AED 170,000; 2025 AED 170,182; 2026 AED 200,000New contract, February 2017: AED 130,000 a yearNew contract, February 2018: AED 130,000 a yearRenewal, February 2019: AED 130,000 a yearRenewal, August 2019: AED 115,000 a yearRenewal, August 2020: AED 105,000 a yearRenewal, August 2021: AED 115,000 a yearNew contract, August 2022: AED 160,000 a yearRenewal, August 2023: AED 176,000 a yearNew contract, September 2024: AED 200,000 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 4, and where TH408 sits

All 192 4-beds →

TH408 last sold in February 2014 at AED 689 per sqft, in line with what four-beds in Mira 4 were fetching at the time (AED 681). Over the last 12 months four-beds sold for AED 4,400,000 to 4,650,000, around AED 1,719 per sqft, and rent for AED 159,392 to 230,000 a year. TH408's AED 200,000 is in the upper half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
16 Feb 20264,600,000
13 Feb 20264,400,000
20 Nov 20254,650,000
7 Nov 20254,300,000
3 4-bed sales 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 →

TH408, Mira 4 in numbers

  • Sold twice: first on 19 December 2013 for AED 1,604,888, last on 17 February 2014 for AED 1,765,000 (AED 689 per sqft).
  • Rented since February 2017 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 105,000 in 2020 and recovered to AED 200,000 by September 2024.
  • At AED 200,000 a year the gross yield on the 2014 price is 11.3%.
  • Four-beds in Mira 4 sold for AED 4,400,000–4,650,000 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 15 September 2024.

Questions about TH408, Mira 4

What did villa TH408 last sell for?

AED 1,765,000 on 17 February 2014: AED 689 per sqft for 2,559 sqft. The villa has 2 registered sales; the first was AED 1,604,888 in December 2013.

What is the rent for villa TH408?

AED 200,000 a year on the contract signed on 15 September 2024. The previous contract, from August 2023, was AED 176,000; the villa has been rented since February 2017.

How big is villa TH408?

2,559 sqft (237.7 sqm): a four-bedroom villa in Mira 4, completed in 2016.

What is villa TH408 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Mira 4 sold for AED 4,400,000 to 4,650,000 in the last 12 months, around AED 1,719 per sqft.

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Mortgage on TH408, Mira 4

Starts from the last sale price (AED 1.77M, 17 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,765,000
Deposit, UAE resident (20%)
AED 353,000
Deposit, non-resident (40%)
AED 706,000
Monthly over 25 years at 3.7%
AED 7,221

Plus AED 79,140 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →