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

TH047, Zahra Townhouses

Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH047 · DLD and Ejari recordsUpdated 5 October 2024
Last soldAED 1M5 May 2019
Current rentAED 130K /yr5 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH047, Zahra Townhouses

What is TH047 worth today?

Last sold for AED 1,000,000 in 2019

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5 Oct 2024RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
5 Oct 2023RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
5 Oct 2022RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
5 Oct 2021RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
1 Sep 2020RentedNew contract
AED 80,000/yr12 months · AED 37 per sqft
1 Aug 2019RentedNew contract
AED 95,000/yr12 months · AED 44 per sqft
5 May 2019SoldReady
AED 1,000,000AED 462 per sqft
1 Feb 2019RentedRenewal
AED 125,000/yr6 months · AED 58 per sqft

Source: Dubai Land Department. Updated 5 October 2024.

Key facts

Type
3-bed villa
Size
2,164 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1M · May 2019

About TH047, Zahra Townhouses

TH047 is a three-bedroom villa of 2,164 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. It last sold on 5 May 2019 for AED 1,000,000, or AED 462 per sqft, 35% below the AED 706 three-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 8 Ejari contracts. The current contract, renewed on 5 October 2024, is AED 130,000 a year: a gross yield of 13.0% on the 2019 price.

Sales and rents for TH047 over time

Sales
Villa TH047, 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, January 2016: AED 1,409,888 (AED 651 per sqft)Sold, May 2019: AED 1,000,000 (AED 462 per sqft)

TH047 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH047, 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, February 2018: AED 125,000 a yearRenewal, February 2019: AED 125,000 a yearNew contract, August 2019: AED 95,000 a yearNew contract, September 2020: AED 80,000 a yearNew contract, October 2021: AED 100,000 a yearRenewal, October 2022: AED 100,000 a yearRenewal, October 2023: AED 130,000 a yearRenewal, October 2024: AED 130,000 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 TH047 sits

All 243 3-beds →

TH047 last sold in May 2019 at AED 462 per sqft, 35% below what three-beds in Zahra Townhouses were fetching at the time (AED 706). 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. TH047's AED 130,000 is in the lower 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 →

TH047, Zahra Townhouses in numbers

  • Sold twice: first on 20 January 2016 for AED 1,409,888, last on 5 May 2019 for AED 1,000,000 (AED 462 per sqft).
  • Rented since February 2018 on 8 Ejari contracts. The rent fell from AED 125,000 to AED 80,000 in 2020 and recovered to AED 130,000 by October 2024.
  • At AED 130,000 a year the gross yield on the 2019 price is 13.0%.
  • 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: Dubai Land Department. Updated 5 October 2024.

Questions about TH047, Zahra Townhouses

What did villa TH047 last sell for?

AED 1,000,000 on 5 May 2019: AED 462 per sqft for 2,164 sqft. The villa has 2 registered sales; the first was AED 1,409,888 in January 2016.

What is the rent for villa TH047?

AED 130,000 a year on the contract renewed on 5 October 2024. The previous contract, from October 2023, was AED 130,000; the villa has been rented since February 2018.

How big is villa TH047?

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

What is villa TH047 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 TH047, Zahra Townhouses

Starts from the last sale price (AED 1M, 5 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,000,000
Deposit, UAE resident (20%)
AED 200,000
Deposit, non-resident (40%)
AED 400,000
Monthly over 25 years at 3.7%
AED 4,091

Plus AED 47,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →