3-bed · 2,107 sqftZahra Townhouses, Town Square · completed 2017

TH163, Zahra Townhouses

Sold prices and rental history: sold 3 times, last in July 2017, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH163 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.5M11 July 2017
Current rentAED 121K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH163, Zahra Townhouses

What is TH163 worth today?

Last sold for AED 1,500,000 in 2017

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1 Sep 2024RentedRenewal
AED 121,000/yr12 months · AED 57 per sqft
1 Sep 2023RentedRenewal
AED 110,000/yr12 months · AED 52 per sqft
1 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 52 per sqft
15 Dec 2021RentedNew contract
AED 198,895/yr6 months · AED 94 per sqft
15 Dec 2020RentedRenewal
AED 95,000/yr12 months · AED 45 per sqft
15 Dec 2019RentedRenewal
AED 93,000/yr12 months · AED 44 per sqft
15 Dec 2018RentedRenewal
AED 100,000/yr12 months · AED 47 per sqft
15 Dec 2017RentedNew contract
AED 110,000/yr12 months · AED 52 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 September 2024.

Key facts

Type
3-bed villa
Size
2,107 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1.5M · July 2017

About TH163, Zahra Townhouses

TH163 is a three-bedroom villa of 2,107 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. It last sold on 11 July 2017 for AED 1,500,000, or AED 711 per sqft, 7% above the AED 663 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 121,000 a year: a gross yield of 8.1% on the 2017 price.

Sales and rents for TH163 over time

Sales
Villa TH163, 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 1,148,888 (AED 545 per sqft)Sold, February 2016: AED 1,148,888 (AED 545 per sqft)Sold, July 2017: AED 1,500,000 (AED 711 per sqft)

TH163 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH163, each contractTypical three-bed in Zahra Townhouses
100K200K2017202020232026Typical 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 110,000 a yearRenewal, December 2018: AED 100,000 a yearRenewal, December 2019: AED 93,000 a yearRenewal, December 2020: AED 95,000 a yearNew contract, December 2021: AED 198,895 a yearNew contract, September 2022: AED 110,000 a yearRenewal, September 2023: AED 110,000 a yearRenewal, September 2024: AED 121,000 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 TH163 sits

All 243 3-beds →

TH163 last sold in July 2017 at AED 711 per sqft, 7% above what three-beds in Zahra Townhouses were fetching at the time (AED 663). 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. TH163's AED 121,000 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 →

TH163, Zahra Townhouses in numbers

  • Sold 3 times: first on 23 June 2015 for AED 1,148,888, last on 11 July 2017 for AED 1,500,000 (AED 711 per sqft).
  • Rented since December 2017 on 8 Ejari contracts. The rent fell from AED 110,000 to AED 93,000 in 2019 and recovered to AED 121,000 by September 2024.
  • At AED 121,000 a year the gross yield on the 2017 price is 8.1%.
  • 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 1 September 2024.

Questions about TH163, Zahra Townhouses

What did villa TH163 last sell for?

AED 1,500,000 on 11 July 2017: AED 711 per sqft for 2,107 sqft. The villa has 3 registered sales; the first was AED 1,148,888 in June 2015.

What is the rent for villa TH163?

AED 121,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 110,000; the villa has been rented since December 2017.

How big is villa TH163?

2,107 sqft (195.7 sqm): a three-bedroom villa in Zahra Townhouses, completed in 2017.

What is villa TH163 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 TH163, Zahra Townhouses

Starts from the last sale price (AED 1.5M, 11 July 2017). 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 →