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3-bed · 2,215 sqftHayat Townhouses, Town Square · completed 2017

TH488, Hayat Townhouses

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH488 · DLD and Ejari recordsUpdated 8 June 2023
Last soldAED 1.9M8 June 2023
Current rentAED 89K /yr8 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH488, Hayat Townhouses

What is TH488 worth today?

Last sold for AED 1,900,000 in 2023

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8 Jun 2023SoldReady
AED 1,900,000AED 857 per sqft
8 Feb 2023RentedRenewal
AED 89,250/yr2 months · AED 40 per sqft
8 Feb 2022RentedRenewal
AED 85,000/yr12 months · AED 38 per sqft
8 Feb 2021RentedRenewal
AED 80,000/yr12 months · AED 36 per sqft
8 Feb 2020RentedNew contract
AED 80,000/yr12 months · AED 36 per sqft
25 Nov 2018RentedNew contract
AED 95,000/yr12 months · AED 43 per sqft
25 Aug 2015Sold by developerOff-plan
AED 1,304,888AED 589 per sqft

Source: Dubai Land Department. Updated 8 June 2023.

Key facts

Type
3-bed villa
Size
2,215 sqft
Developer
Nshmi Development
Completed
2017
Last sold
AED 1.9M · June 2023
Community
Hayat Townhouses

About TH488, Hayat Townhouses

TH488 is a three-bedroom villa of 2,215 sqft in Hayat Townhouses, a villa community in Town Square completed in 2017 by Nshmi Development. It last sold on 8 June 2023 for AED 1,900,000, or AED 857 per sqft, 11% above the AED 769 three-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, renewed on 8 February 2023, is AED 89,250 a year: a gross yield of 4.7% on the 2023 price.

Sales and rents for TH488 over time

Sales
Villa TH488, each saleTypical three-bed in Hayat Townhouses
1M2M2015201820212024Typical sale price by year: 2015 AED 1,249,888; 2016 AED 1,295,874; 2017 AED 1,334,888; 2018 AED 1,380,000; 2019 AED 1,282,500; 2020 AED 1,172,500; 2021 AED 1,450,000; 2022 AED 1,612,500; 2023 AED 1,890,000; 2024 AED 2,200,000; 2025 AED 2,570,000Sold by developer, August 2015: AED 1,304,888 (AED 589 per sqft)Sold, June 2023: AED 1,900,000 (AED 857 per sqft)

TH488 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH488, each contractTypical three-bed in Hayat Townhouses
100K150K2018202120242027Typical rent by year: 2018 AED 100,000; 2019 AED 95,000; 2020 AED 80,000; 2021 AED 85,000; 2022 AED 93,706; 2023 AED 112,500; 2024 AED 130,000; 2025 AED 137,750; 2026 AED 145,000New contract, November 2018: AED 95,000 a yearNew contract, February 2020: AED 80,000 a yearRenewal, February 2021: AED 80,000 a yearRenewal, February 2022: AED 85,000 a yearRenewal, February 2023: AED 89,250 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 Hayat Townhouses, and where TH488 sits

All 558 3-beds →

TH488 last sold in June 2023 at AED 857 per sqft, 11% above what three-beds in Hayat Townhouses were fetching at the time (AED 769). Over the last 12 months three-beds sold for AED 2,600,000 to 2,825,000, around AED 1,221 per sqft, and rent for AED 60,000 to 170,000 a year. TH488's AED 89,250 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
13 Feb 20262,650,000
27 Jan 20262,750,000
17 Dec 20252,700,000
8 Dec 20252,700,000
11 3-bed sales in the last 12 months

Hayat Townhouses

Community

730 villas, 3-bed to 4-bed in Town Square, completed in 2017 by Nshmi Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,240 Up 5.9%
Typical sale
AED 2.69M
Typical rent
AED 145K /yr
Typical yield
5.3%
Hayat Townhouses, Town Square: prices, sales and rents →

TH488, Hayat Townhouses in numbers

  • Sold twice: first on 25 August 2015 for AED 1,304,888, last on 8 June 2023 for AED 1,900,000 (AED 857 per sqft).
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 95,000 to AED 80,000 in 2021 and recovered to AED 89,250 by February 2023.
  • At AED 89,250 a year the gross yield on the 2023 price is 4.7%.
  • Three-beds in Hayat Townhouses sold for AED 2,600,000–2,825,000 in the 12 months to November 2026; the community's median across all types is AED 1,240 per sqft.

Source: Dubai Land Department. Updated 8 June 2023.

Questions about TH488, Hayat Townhouses

What did villa TH488 last sell for?

AED 1,900,000 on 8 June 2023: AED 857 per sqft for 2,215 sqft. The villa has 2 registered sales; the first was AED 1,304,888 in August 2015.

What is the rent for villa TH488?

AED 89,250 a year on the contract renewed on 8 February 2023. The previous contract, from February 2022, was AED 85,000; the villa has been rented since November 2018.

How big is villa TH488?

2,215 sqft (205.8 sqm): a three-bedroom villa in Hayat Townhouses, completed in 2017.

What is villa TH488 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Hayat Townhouses sold for AED 2,600,000 to 2,825,000 in the last 12 months, around AED 1,221 per sqft.

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Mortgage on TH488, Hayat Townhouses

Starts from the last sale price (AED 1.9M, 8 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →