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

TH516, Mira 4

Sold prices and rental history: sold twice, last in October 2013, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH516 · DLD and Ejari recordsUpdated 7 July 2024
Last soldAED 2.03M20 October 2013
Current rentAED 195K /yr7 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH516, Mira 4

What is TH516 worth today?

Last sold for AED 2,028,119 in 2013

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7 Jul 2024RentedNew contract
AED 195,000/yr24 months · AED 76 per sqft
1 Mar 2024RentedRenewal
AED 208,320/yr4 months · AED 82 per sqft
1 Mar 2023RentedNew contract
AED 190,000/yr12 months · AED 75 per sqft
15 Feb 2019RentedRenewal
AED 150,000/yr12 months · AED 59 per sqft
15 Feb 2018RentedRenewal
AED 150,000/yr12 months · AED 59 per sqft
20 Oct 2013SoldOff-plan
AED 2,028,119AED 795 per sqft
6 Oct 2013Sold by developerOff-plan
AED 1,877,888AED 736 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 July 2024.

Key facts

Type
4-bed villa
Size
2,550 sqft
Developer
Al Aryam Phase One
Completed
2016
Last sold
AED 2.03M · October 2013
Community
Mira 4

About TH516, Mira 4

TH516 is a four-bedroom villa of 2,550 sqft in Mira 4, a villa community in Reem Mira completed in 2016 by Al Aryam Phase One. It last sold on 20 October 2013 for AED 2,028,119, or AED 795 per sqft, 19% above the AED 668 four-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 7 July 2024, is AED 195,000 a year: a gross yield of 9.6% on the 2013 price.

Sales and rents for TH516 over time

Sales
Villa TH516, 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, October 2013: AED 2,028,119 (AED 795 per sqft)Sold by developer, October 2013: AED 1,877,888 (AED 736 per sqft)

TH516 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH516, 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 200,000Renewal, February 2018: AED 150,000 a yearRenewal, February 2019: AED 150,000 a yearNew contract, March 2023: AED 190,000 a yearRenewal, March 2024: AED 208,320 a yearNew contract, July 2024: AED 195,000 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 TH516 sits

All 192 4-beds →

TH516 last sold in October 2013 at AED 795 per sqft, 19% above what four-beds in Mira 4 were fetching at the time (AED 668). 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. TH516's AED 195,000 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 →

TH516, Mira 4 in numbers

  • Sold twice: first on 6 October 2013 for AED 1,877,888, last on 20 October 2013 for AED 2,028,119 (AED 795 per sqft).
  • Rented since February 2018 on 5 Ejari contracts, from AED 150,000 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2013 price is 9.6%.
  • 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 7 July 2024.

Questions about TH516, Mira 4

What did villa TH516 last sell for?

AED 2,028,119 on 20 October 2013: AED 795 per sqft for 2,550 sqft. The villa has 2 registered sales; the first was AED 1,877,888 in October 2013.

What is the rent for villa TH516?

AED 195,000 a year on the contract signed on 7 July 2024. The previous contract, from March 2024, was AED 208,320; the villa has been rented since February 2018.

How big is villa TH516?

2,550 sqft (236.9 sqm): a four-bedroom villa in Mira 4, completed in 2016.

What is villa TH516 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 TH516, Mira 4

Starts from the last sale price (AED 2.03M, 20 October 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,028,119
Deposit, UAE resident (20%)
AED 405,624
Deposit, non-resident (40%)
AED 811,248
Monthly over 25 years at 3.7%
AED 8,298

Plus AED 90,191 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →