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

TH028, Zahra Townhouses

Sold prices and rental history: sold twice, last in December 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH028 · DLD and Ejari recordsUpdated 18 July 2022
Last soldAED 1.65M19 December 2017
Current rentAED 50K /yr18 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH028, Zahra Townhouses

What is TH028 worth today?

Last sold for AED 1,650,000 in 2017

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18 Jul 2022RentedNew contract
AED 50,000/yr60 months · AED 24 per sqft
24 Dec 2019RentedRenewal
AED 40,000/yr24 months · AED 19 per sqft
24 Dec 2018RentedRenewal
AED 50,000/yr12 months · AED 24 per sqft
24 Dec 2017RentedNew contract
AED 50,000/yr12 months · AED 24 per sqft
19 Dec 2017SoldReady
AED 1,650,000AED 780 per sqft
2 Jul 2015Sold by developerOff-plan
AED 1,174,888AED 555 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 July 2022.

Key facts

Type
3-bed villa
Size
2,114 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1.65M · December 2017
Community
Zahra Townhouses

About TH028, Zahra Townhouses

TH028 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 19 December 2017 for AED 1,650,000, or AED 780 per sqft, 6% above the AED 735 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, signed on 18 July 2022, is AED 50,000 a year: a gross yield of 3.0% on the 2017 price.

Sales and rents for TH028 over time

Sales
Villa TH028, 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 1,174,888 (AED 555 per sqft)Sold, December 2017: AED 1,650,000 (AED 780 per sqft)

TH028 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH028, each contractTypical three-bed in Zahra Townhouses
50K100K150K2017202020232026Typical 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 50,000 a yearRenewal, December 2018: AED 50,000 a yearRenewal, December 2019: AED 40,000 a yearNew contract, July 2022: AED 50,000 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 TH028 sits

All 243 3-beds →

TH028 last sold in December 2017 at AED 780 per sqft, 6% above what three-beds in Zahra Townhouses were fetching at the time (AED 735). 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. TH028's AED 50,000 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 →

TH028, Zahra Townhouses in numbers

  • Sold twice: first on 2 July 2015 for AED 1,174,888, last on 19 December 2017 for AED 1,650,000 (AED 780 per sqft).
  • Rented since December 2017 on 4 Ejari contracts. The rent fell from AED 50,000 to AED 40,000 in 2019 and recovered to AED 50,000 by July 2022.
  • At AED 50,000 a year the gross yield on the 2017 price is 3.0%.
  • 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 July 2022.

Questions about TH028, Zahra Townhouses

What did villa TH028 last sell for?

AED 1,650,000 on 19 December 2017: AED 780 per sqft for 2,114 sqft. The villa has 2 registered sales; the first was AED 1,174,888 in July 2015.

What is the rent for villa TH028?

AED 50,000 a year on the contract signed on 18 July 2022. The previous contract, from December 2019, was AED 40,000; the villa has been rented since December 2017.

How big is villa TH028?

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

What is villa TH028 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 TH028, Zahra Townhouses

Starts from the last sale price (AED 1.65M, 19 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,650,000
Deposit, UAE resident (20%)
AED 330,000
Deposit, non-resident (40%)
AED 660,000
Monthly over 25 years at 3.7%
AED 6,751

Plus AED 74,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →