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3-bed · 2,231 sqftNaseem Townhouses, Town Square · completed 2020

TH023, Naseem Townhouses

Sold prices and rental history: sold once, by the developer in June 2018, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH023 · DLD and Ejari recordsUpdated 20 April 2025
Last soldAED 1.48M19 June 2018
Current rentAED 155K /yr20 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH023, Naseem Townhouses

What is TH023 worth today?

Last sold for AED 1,475,888 in 2018

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20 Apr 2025RentedNew contract
AED 155,000/yr12 months · AED 69 per sqft
20 Mar 2024RentedRenewal
AED 135,000/yr12 months · AED 61 per sqft
20 Mar 2023RentedNew contract
AED 135,000/yr12 months · AED 61 per sqft
15 Dec 2022RentedRenewal
AED 125,000/yr3 months · AED 56 per sqft
15 Jun 2022RentedRenewal
AED 110,000/yr6 months · AED 49 per sqft
15 Jun 2021RentedNew contract
AED 100,000/yr12 months · AED 45 per sqft
19 Jun 2018Sold by developerOff-plan
AED 1,475,888AED 661 per sqft

Source: Dubai Land Department. Updated 20 April 2025.

Key facts

Type
3-bed villa
Size
2,231 sqft
Developer
Nshama Properties
Completed
2020
Last sold
AED 1.48M · June 2018
Community
Naseem Townhouses

About TH023, Naseem Townhouses

TH023 is a three-bedroom villa of 2,231 sqft in Naseem Townhouses, a villa community in Town Square completed in 2020 by Nshama Properties. The developer sold it on 19 June 2018 for AED 1,475,888, or AED 661 per sqft, 8% above the AED 614 three-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 6 Ejari contracts. The current contract, signed on 20 April 2025, is AED 155,000 a year: a gross yield of 10.5% on the 2018 price.

Sales and rents for TH023 over time

Sales
Villa TH023, each saleTypical three-bed in Naseem Townhouses
1M2M20182020202220242026Typical sale price by year: 2018 AED 1,369,888; 2019 AED 1,095,388; 2020 AED 1,100,888; 2021 AED 1,550,000; 2022 AED 1,762,500; 2023 AED 1,922,500; 2024 AED 2,350,000; 2025 AED 2,685,000Sold by developer, June 2018: AED 1,475,888 (AED 661 per sqft)

TH023 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH023, each contractTypical three-bed in Naseem Townhouses
100K150K2021202320252027Typical rent by year: 2021 AED 95,000; 2022 AED 100,000; 2023 AED 110,323; 2024 AED 139,279; 2025 AED 145,000; 2026 AED 145,000New contract, June 2021: AED 100,000 a yearRenewal, June 2022: AED 110,000 a yearRenewal, December 2022: AED 125,000 a yearNew contract, March 2023: AED 135,000 a yearRenewal, March 2024: AED 135,000 a yearNew contract, April 2025: AED 155,000 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 Naseem Townhouses, and where TH023 sits

All 238 3-beds →

TH023 last sold in June 2018 at AED 661 per sqft, 8% above what three-beds in Naseem Townhouses were fetching at the time (AED 614). Over the last 12 months three-beds sold for AED 2,900,000 to 3,000,000, around AED 1,300 per sqft, and rent for AED 125,000 to 160,000 a year. TH023's AED 155,000 is in the upper half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
15 Jan 20262,900,000
25 Nov 20253,000,000
13 Nov 20252,900,000
11 Nov 20253,000,000
3 3-bed sales in the last 12 months

Naseem Townhouses

Community

322 villas, 3-bed to 4-bed in Town Square, completed in 2020 by Nshama Properties. 5 sold in the last 12 months.

Typical price per sqft
AED 1,393
Typical sale
AED 3M
Typical rent
AED 150K /yr
Typical yield
4.8%
Naseem Townhouses, Town Square: prices, sales and rents →

TH023, Naseem Townhouses in numbers

  • Sold once: by Nshama Properties on 19 June 2018 for AED 1,475,888, or AED 661 per sqft.
  • Rented since June 2021 on 6 Ejari contracts, from AED 100,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2018 price is 10.5%.
  • Three-beds in Naseem Townhouses sold for AED 2,900,000–3,000,000 in the 12 months to November 2026; the community's median across all types is AED 1,393 per sqft.

Source: Dubai Land Department. Updated 20 April 2025.

Questions about TH023, Naseem Townhouses

What did villa TH023 last sell for?

AED 1,475,888 on 19 June 2018, sold by the developer: AED 661 per sqft for 2,231 sqft. It is the only registered sale of the villa.

What is the rent for villa TH023?

AED 155,000 a year on the contract signed on 20 April 2025. The previous contract, from March 2024, was AED 135,000; the villa has been rented since June 2021.

How big is villa TH023?

2,231 sqft (207.3 sqm): a three-bedroom villa in Naseem Townhouses, completed in 2020.

What is villa TH023 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Naseem Townhouses sold for AED 2,900,000 to 3,000,000 in the last 12 months, around AED 1,300 per sqft.

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Mortgage on TH023, Naseem Townhouses

Starts from the last sale price (AED 1.48M, 19 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,475,888
Deposit, UAE resident (20%)
AED 295,178
Deposit, non-resident (40%)
AED 590,355
Monthly over 25 years at 3.7%
AED 6,038

Plus AED 66,998 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →