3-bed · 2,114 sqftZahra Townhouses, Town Square · completed 2017

TH004, Zahra Townhouses

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH004 · DLD and Ejari recordsUpdated 10 June 2024
Last soldAED 2.2M10 June 2024
Current rentAED 93K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH004, Zahra Townhouses

What is TH004 worth today?

Last sold for AED 2,200,000 in 2024

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10 Jun 2024SoldReady
AED 2,200,000AED 1,040 per sqft
1 Jun 2023RentedRenewal
AED 93,000/yr12 months · AED 44 per sqft
1 Jun 2022RentedNew contract
AED 88,000/yr12 months · AED 42 per sqft
1 Jun 2020RentedNew contract
AED 80,000/yr13 months · AED 38 per sqft
1 Nov 2019RentedRenewal
AED 100,000/yr12 months · AED 47 per sqft
1 Nov 2018RentedNew contract
AED 102,000/yr12 months · AED 48 per sqft
11 Mar 2018SoldReady
AED 1,620,000AED 766 per sqft
23 Jun 2015Sold by developerOff-plan
AED 1,257,888AED 595 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.

Key facts

Type
3-bed villa
Size
2,114 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 2.2M · June 2024

About TH004, Zahra Townhouses

TH004 is a three-bedroom villa of 2,114 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. It last sold on 10 June 2024 for AED 2,200,000, or AED 1,040 per sqft, 13% above the AED 924 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 1 June 2023, is AED 93,000 a year: a gross yield of 4.2% on the 2024 price.

Sales and rents for TH004 over time

Sales
Villa TH004, each saleTypical three-bed in Zahra Townhouses
1M2M3M20152018202120242027Typical sale price by year: 2015 AED 1,236,388; 2016 AED 1,333,087; 2017 AED 1,600,000; 2018 AED 1,625,000; 2019 AED 1,061,944; 2020 AED 1,157,500; 2021 AED 1,475,000; 2022 AED 1,675,000; 2023 AED 1,917,500; 2024 AED 2,250,000; 2025 AED 2,567,500; 2026 AED 2,800,000Sold by developer, June 2015: AED 1,257,888 (AED 595 per sqft)Sold, March 2018: AED 1,620,000 (AED 766 per sqft)Sold, June 2024: AED 2,200,000 (AED 1,040 per sqft)

TH004 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH004, each contractTypical three-bed in Zahra Townhouses
100K2017202020232026Typical rent by year: 2017 AED 120,000; 2018 AED 110,000; 2019 AED 102,000; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 93,857; 2023 AED 107,950; 2024 AED 129,000; 2025 AED 131,500; 2026 AED 137,500New contract, November 2018: AED 102,000 a yearRenewal, November 2019: AED 100,000 a yearNew contract, June 2020: AED 80,000 a yearNew contract, June 2022: AED 88,000 a yearRenewal, June 2023: AED 93,000 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 Zahra Townhouses, and where TH004 sits

All 243 3-beds →

TH004 last sold in June 2024 at AED 1,040 per sqft, 13% above what three-beds in Zahra Townhouses were fetching at the time (AED 924). Over the last 12 months three-beds sold for AED 2,710,000 to 3,050,000, around AED 1,317 per sqft, and rent for AED 99,251 to 180,000 a year. TH004's AED 93,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
2 Feb 20262,760,000
29 Jan 20262,800,000
28 Jan 20262,800,000
15 Jan 20262,810,000
11 3-bed sales in the last 12 months

Zahra Townhouses

Community

319 villas, 3-bed to 4-bed in Town Square, completed in 2017 by Nshama Properties. 11 sold in the last 12 months.

Typical price per sqft
AED 1,317 Up 11.3%
Typical sale
AED 2.8M
Typical rent
AED 140K /yr
Typical yield
4.9%
Zahra Townhouses, Town Square: prices, sales and rents →

TH004, Zahra Townhouses in numbers

  • Sold 3 times: first on 23 June 2015 for AED 1,257,888, last on 10 June 2024 for AED 2,200,000 (AED 1,040 per sqft).
  • Rented since November 2018 on 5 Ejari contracts. The rent fell from AED 102,000 to AED 80,000 in 2020 and recovered to AED 93,000 by June 2023.
  • At AED 93,000 a year the gross yield on the 2024 price is 4.2%.
  • Three-beds in Zahra Townhouses sold for AED 2,710,000–3,050,000 in the 12 months to November 2026; the community's median across all types is AED 1,317 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 10 June 2024.

Questions about TH004, Zahra Townhouses

What did villa TH004 last sell for?

AED 2,200,000 on 10 June 2024: AED 1,040 per sqft for 2,114 sqft. The villa has 3 registered sales; the first was AED 1,257,888 in June 2015.

What is the rent for villa TH004?

AED 93,000 a year on the contract renewed on 1 June 2023. The previous contract, from June 2022, was AED 88,000; the villa has been rented since November 2018.

How big is villa TH004?

2,114 sqft (196.4 sqm): a three-bedroom villa in Zahra Townhouses, completed in 2017.

What is villa TH004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Zahra Townhouses sold for AED 2,710,000 to 3,050,000 in the last 12 months, around AED 1,317 per sqft.

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Mortgage on TH004, Zahra Townhouses

Starts from the last sale price (AED 2.2M, 10 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →