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3-bed · 2,232 sqftNaseem Townhouses, Town Square · completed 2020

TH038, Naseem Townhouses

Sold prices and rental history: sold twice, last in August 2021, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH038 · DLD and Ejari recordsUpdated 15 June 2025
Last soldAED 1.73M18 August 2021
Current rentAED 110K /yr15 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH038, Naseem Townhouses

What is TH038 worth today?

Last sold for AED 1,725,000 in 2021

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15 Jun 2025RentedRenewal
AED 110,000/yr12 months · AED 49 per sqft
10 Apr 2023RentedRenewal
AED 120,000/yr12 months · AED 54 per sqft
10 Apr 2022RentedRenewal
AED 102,000/yr12 months · AED 46 per sqft
10 Apr 2022RentedNew contract
AED 102,000/yr12 months · AED 46 per sqft
18 Aug 2021SoldReady
AED 1,725,000AED 772 per sqft
9 Sep 2019Sold by developerOff-plan
AED 1,075,888AED 482 per sqft

Source: Dubai Land Department. Updated 15 June 2025.

Key facts

Type
3-bed villa
Size
2,232 sqft
Developer
Nshama Properties
Completed
2020
Last sold
AED 1.73M · August 2021
Community
Naseem Townhouses

About TH038, Naseem Townhouses

TH038 is a three-bedroom villa of 2,232 sqft in Naseem Townhouses, a villa community in Town Square completed in 2020 by Nshama Properties. It last sold on 18 August 2021 for AED 1,725,000, or AED 772 per sqft, 18% above the AED 652 three-beds in the community were fetching at the time.

It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, renewed on 15 June 2025, is AED 110,000 a year: a gross yield of 6.4% on the 2021 price.

Sales and rents for TH038 over time

Sales
Villa TH038, 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, September 2019: AED 1,075,888 (AED 482 per sqft)Sold, August 2021: AED 1,725,000 (AED 772 per sqft)

TH038 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH038, each contractTypical three-bed in Naseem Townhouses
100K125K150K2021202320252027Typical 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 145,000Renewal, April 2022: AED 102,000 a yearNew contract, April 2022: AED 102,000 a yearRenewal, April 2023: AED 120,000 a yearRenewal, June 2025: AED 110,000 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 TH038 sits

All 238 3-beds →

TH038 last sold in August 2021 at AED 772 per sqft, 18% above what three-beds in Naseem Townhouses were fetching at the time (AED 652). 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. TH038's AED 110,000 is at the bottom 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 →

TH038, Naseem Townhouses in numbers

  • Sold twice: first on 9 September 2019 for AED 1,075,888, last on 18 August 2021 for AED 1,725,000 (AED 772 per sqft).
  • Rented since April 2022 on 4 Ejari contracts, from AED 102,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 6.4%.
  • 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 15 June 2025.

Questions about TH038, Naseem Townhouses

What did villa TH038 last sell for?

AED 1,725,000 on 18 August 2021: AED 772 per sqft for 2,232 sqft. The villa has 2 registered sales; the first was AED 1,075,888 in September 2019.

What is the rent for villa TH038?

AED 110,000 a year on the contract renewed on 15 June 2025. The previous contract, from April 2023, was AED 120,000; the villa has been rented since April 2022.

How big is villa TH038?

2,232 sqft (207.4 sqm): a three-bedroom villa in Naseem Townhouses, completed in 2020.

What is villa TH038 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 TH038, Naseem Townhouses

Starts from the last sale price (AED 1.73M, 18 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,725,000
Deposit, UAE resident (20%)
AED 345,000
Deposit, non-resident (40%)
AED 690,000
Monthly over 25 years at 3.7%
AED 7,058

Plus AED 77,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →