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3-bed · 2,082 sqftNoor Townhouses, Town Square · completed 2020

TH622, Noor Townhouses

Sold prices and rental history: sold once, by the developer in January 2017, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH622 · DLD and Ejari recordsUpdated 1 November 2021
Last soldAED 1.32M30 January 2017
Current rentAED 92K /yr1 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH622, Noor Townhouses

What is TH622 worth today?

Last sold for AED 1,315,888 in 2017

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1 Nov 2021RentedRenewal
AED 92,000/yr12 months · AED 44 per sqft
1 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 41 per sqft
30 Jan 2017Sold by developerOff-plan
AED 1,315,888AED 632 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2021.

Key facts

Type
3-bed villa
Size
2,082 sqft
Developer
Nshmi Development
Completed
2020
Last sold
AED 1.32M · January 2017
Community
Noor Townhouses

About TH622, Noor Townhouses

TH622 is a three-bedroom villa of 2,082 sqft in Noor Townhouses, a villa community in Town Square completed in 2020 by Nshmi Development. The developer sold it on 30 January 2017 for AED 1,315,888, or AED 632 per sqft, 3% above the AED 611 three-beds in the community were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 1 November 2021, is AED 92,000 a year: a gross yield of 7.0% on the 2017 price.

Sales and rents for TH622 over time

Sales
Villa TH622, each saleTypical three-bed in Noor Townhouses
1M2M3M2017202020232026Typical sale price by year: 2017 AED 1,307,888; 2018 AED 1,360,888; 2019 AED 1,320,888; 2020 AED 1,160,000; 2021 AED 1,450,000; 2022 AED 1,700,000; 2023 AED 1,920,000; 2024 AED 2,337,500; 2025 AED 2,700,000; 2026 AED 2,775,000Sold by developer, January 2017: AED 1,315,888 (AED 632 per sqft)

TH622 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH622, each contractTypical three-bed in Noor Townhouses
100K150K2020202220242026Typical rent by year: 2020 AED 80,000; 2021 AED 85,000; 2022 AED 93,715; 2023 AED 110,880; 2024 AED 132,750; 2025 AED 140,000; 2026 AED 145,000New contract, November 2020: AED 85,000 a yearRenewal, November 2021: AED 92,000 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 Noor Townhouses, and where TH622 sits

All 553 3-beds →

TH622 last sold in January 2017 at AED 632 per sqft, 3% above what three-beds in Noor Townhouses were fetching at the time (AED 611). Over the last 12 months three-beds sold for AED 2,675,000 to 2,900,000, around AED 1,312 per sqft, and rent for AED 109,100 to 165,000 a year. TH622's AED 92,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
12 Feb 20262,700,000
28 Jan 20262,900,000
19 Jan 20262,800,000
16 Jan 20262,750,000
10 3-bed sales in the last 12 months

Noor Townhouses

Community

763 villas, 3-bed to 4-bed in Town Square, completed in 2020 by Nshmi Development. 14 sold in the last 12 months.

Typical price per sqft
AED 1,321 Up 4.3%
Typical sale
AED 2.8M
Typical rent
AED 147K /yr
Typical yield
5.2%
Noor Townhouses, Town Square: prices, sales and rents →

TH622, Noor Townhouses in numbers

  • Sold once: by Nshmi Development on 30 January 2017 for AED 1,315,888, or AED 632 per sqft.
  • Rented since November 2020 on 2 Ejari contracts, from AED 85,000 to AED 92,000 a year.
  • At AED 92,000 a year the gross yield on the 2017 price is 7.0%.
  • Three-beds in Noor Townhouses sold for AED 2,675,000–2,900,000 in the 12 months to November 2026; the community's median across all types is AED 1,321 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2021.

Questions about TH622, Noor Townhouses

What did villa TH622 last sell for?

AED 1,315,888 on 30 January 2017, sold by the developer: AED 632 per sqft for 2,082 sqft. It is the only registered sale of the villa.

What is the rent for villa TH622?

AED 92,000 a year on the contract renewed on 1 November 2021. The previous contract, from November 2020, was AED 85,000.

How big is villa TH622?

2,082 sqft (193.4 sqm): a three-bedroom villa in Noor Townhouses, completed in 2020.

What is villa TH622 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Noor Townhouses sold for AED 2,675,000 to 2,900,000 in the last 12 months, around AED 1,312 per sqft.

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Mortgage on TH622, Noor Townhouses

Starts from the last sale price (AED 1.32M, 30 January 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,315,888
Deposit, UAE resident (20%)
AED 263,178
Deposit, non-resident (40%)
AED 526,355
Monthly over 25 years at 3.7%
AED 5,384

Plus AED 60,278 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →