Home
Dubai prices
About
Research
3-bed · 2,162 sqftZahra Townhouses, Town Square · completed 2017

TH038, Zahra Townhouses

Sold prices and rental history: sold twice, last in July 2021, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH038 · DLD and Ejari recordsUpdated 18 July 2021
Last soldAED 1.5M18 July 2021
Current rentAED 80K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH038, Zahra Townhouses

What is TH038 worth today?

Last sold for AED 1,500,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

18 Jul 2021SoldReady
AED 1,500,000AED 693 per sqft
1 Dec 2020RentedRenewal
AED 80,000/yr12 months · AED 37 per sqft
1 Dec 2019RentedNew contract
AED 90,000/yr12 months · AED 42 per sqft
1 Dec 2018RentedNew contract
AED 90,000/yr12 months · AED 42 per sqft
2 Jun 2016Sold by developerOff-plan
AED 1,474,888AED 682 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 July 2021.

Key facts

Type
3-bed villa
Size
2,162 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1.5M · July 2021
Community
Zahra Townhouses

About TH038, Zahra Townhouses

TH038 is a three-bedroom villa of 2,162 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. It last sold on 18 July 2021 for AED 1,500,000, or AED 693 per sqft, 13% above the AED 612 three-beds in the community were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 80,000 a year: a gross yield of 5.3% on the 2021 price.

Sales and rents for TH038 over time

Sales
Villa TH038, 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 2016: AED 1,474,888 (AED 682 per sqft)Sold, July 2021: AED 1,500,000 (AED 693 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 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, December 2018: AED 90,000 a yearNew contract, December 2019: AED 90,000 a yearRenewal, December 2020: AED 80,000 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 TH038 sits

All 243 3-beds →

TH038 last sold in July 2021 at AED 693 per sqft, 13% above what three-beds in Zahra Townhouses were fetching at the time (AED 612). 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. TH038's AED 80,000 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 →

TH038, Zahra Townhouses in numbers

  • Sold twice: first on 2 June 2016 for AED 1,474,888, last on 18 July 2021 for AED 1,500,000 (AED 693 per sqft).
  • Rented since December 2018 on 3 Ejari contracts, from AED 90,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2021 price is 5.3%.
  • 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 2021.

Questions about TH038, Zahra Townhouses

What did villa TH038 last sell for?

AED 1,500,000 on 18 July 2021: AED 693 per sqft for 2,162 sqft. The villa has 2 registered sales; the first was AED 1,474,888 in June 2016.

What is the rent for villa TH038?

AED 80,000 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 90,000; the villa has been rented since December 2018.

How big is villa TH038?

2,162 sqft (200.9 sqm): a three-bedroom villa in Zahra Townhouses, completed in 2017.

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 Zahra Townhouses sold for AED 2,710,000 to 3,050,000 in the last 12 months, around AED 1,317 per sqft.

Selling TH038? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH038, Zahra Townhouses

Starts from the last sale price (AED 1.5M, 18 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →