3-bed · 2,164 sqftZahra Townhouses, Town Square · completed 2017

TH023, Zahra Townhouses

Sold prices and rental history: sold once, by the developer in July 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH023 · DLD and Ejari recordsUpdated 18 August 2025
Last soldAED 1.22M2 July 2015
Current rentAED 140K /yr18 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH023, Zahra Townhouses

What is TH023 worth today?

Last sold for AED 1,215,888 in 2015

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18 Aug 2025RentedRenewal
AED 140,000/yr12 months · AED 65 per sqft
18 Aug 2024RentedRenewal
AED 140,000/yr12 months · AED 65 per sqft
18 Aug 2023RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
1 Dec 2022RentedNew contract
AED 110,000/yr12 months · AED 51 per sqft
1 Dec 2021RentedRenewal
AED 87,500/yr12 months · AED 40 per sqft
1 Dec 2020RentedRenewal
AED 83,000/yr12 months · AED 38 per sqft
1 Dec 2019RentedRenewal
AED 94,000/yr12 months · AED 43 per sqft
1 Dec 2018RentedRenewal
AED 110,000/yr12 months · AED 51 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 August 2025.

Key facts

Type
3-bed villa
Size
2,164 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1.22M · July 2015

About TH023, Zahra Townhouses

TH023 is a three-bedroom villa of 2,164 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. The developer sold it on 2 July 2015 for AED 1,215,888, or AED 561 per sqft, in line with the AED 564 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 9 Ejari contracts. The current contract, renewed on 18 August 2025, is AED 140,000 a year: a gross yield of 11.5% on the 2015 price.

Sales and rents for TH023 over time

Sales
Villa TH023, 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, July 2015: AED 1,215,888 (AED 561 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 Zahra Townhouses
100K150K2017202020232026Typical 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, December 2017: AED 115,000 a yearRenewal, December 2018: AED 110,000 a yearRenewal, December 2019: AED 94,000 a yearRenewal, December 2020: AED 83,000 a yearRenewal, December 2021: AED 87,500 a yearNew contract, December 2022: AED 110,000 a yearNew contract, August 2023: AED 140,000 a yearRenewal, August 2024: AED 140,000 a yearRenewal, August 2025: AED 140,000 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 TH023 sits

All 243 3-beds →

TH023 last sold in July 2015 at AED 561 per sqft, in line with what three-beds in Zahra Townhouses were fetching at the time (AED 564). 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. TH023's AED 140,000 is in the upper half 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 →

TH023, Zahra Townhouses in numbers

  • Sold once: by Nshama Properties on 2 July 2015 for AED 1,215,888, or AED 561 per sqft.
  • Rented since December 2017 on 9 Ejari contracts. The rent fell from AED 115,000 to AED 83,000 in 2020 and recovered to AED 140,000 by August 2025.
  • At AED 140,000 a year the gross yield on the 2015 price is 11.5%.
  • 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 18 August 2025.

Questions about TH023, Zahra Townhouses

What did villa TH023 last sell for?

AED 1,215,888 on 2 July 2015, sold by the developer: AED 561 per sqft for 2,164 sqft. It is the only registered sale of the villa.

What is the rent for villa TH023?

AED 140,000 a year on the contract renewed on 18 August 2025. The previous contract, from August 2024, was AED 140,000; the villa has been rented since December 2017.

How big is villa TH023?

2,164 sqft (201.0 sqm): a three-bedroom villa in Zahra Townhouses, completed in 2017.

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 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 TH023, Zahra Townhouses

Starts from the last sale price (AED 1.22M, 2 July 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,215,888
Deposit, UAE resident (20%)
AED 243,178
Deposit, non-resident (40%)
AED 486,355
Monthly over 25 years at 3.7%
AED 4,975

Plus AED 56,078 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →