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3-bed · 2,099 sqftZahra Townhouses, Town Square · completed 2017

TH224, Zahra Townhouses

Sold prices and rental history: sold 4 times, last in April 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH224 · DLD and Ejari recordsUpdated 24 April 2023
Last soldAED 1.95M24 April 2023
Current rentAED 88K /yr9 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH224, Zahra Townhouses

What is TH224 worth today?

Last sold for AED 1,950,000 in 2023

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24 Apr 2023SoldReady
AED 1,950,000AED 928 per sqft
9 Feb 2022RentedRenewal
AED 88,000/yr12 months · AED 42 per sqft
9 Feb 2021RentedNew contract
AED 80,000/yr12 months · AED 38 per sqft
26 Jan 2020RentedNew contract
AED 84,000/yr12 months · AED 40 per sqft
30 Apr 2018SoldReady
AED 1,725,000AED 821 per sqft
6 Nov 2016SoldOff-plan
AED 1,452,081AED 691 per sqft
18 Aug 2015Sold by developerOff-plan
AED 1,369,888AED 652 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 24 April 2023.

Key facts

Type
3-bed villa
Size
2,099 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1.95M · April 2023
Community
Zahra Townhouses

About TH224, Zahra Townhouses

TH224 is a three-bedroom villa of 2,099 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. It last sold on 24 April 2023 for AED 1,950,000, or AED 928 per sqft, 17% above the AED 792 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 9 February 2022, is AED 88,000 a year: a gross yield of 4.5% on the 2023 price.

Sales and rents for TH224 over time

Sales
Villa TH224, 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, August 2015: AED 1,369,888 (AED 652 per sqft)Sold, November 2016: AED 1,452,081 (AED 691 per sqft)Sold, April 2018: AED 1,725,000 (AED 821 per sqft)Sold, April 2023: AED 1,950,000 (AED 928 per sqft)

TH224 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH224, 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, January 2020: AED 84,000 a yearNew contract, February 2021: AED 80,000 a yearRenewal, February 2022: AED 88,000 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 TH224 sits

All 243 3-beds →

TH224 last sold in April 2023 at AED 928 per sqft, 17% above what three-beds in Zahra Townhouses were fetching at the time (AED 792). 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. TH224's AED 88,000 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 →

TH224, Zahra Townhouses in numbers

  • Sold 4 times: first on 18 August 2015 for AED 1,369,888, last on 24 April 2023 for AED 1,950,000 (AED 928 per sqft).
  • Rented since January 2020 on 3 Ejari contracts, from AED 84,000 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2023 price is 4.5%.
  • 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 24 April 2023.

Questions about TH224, Zahra Townhouses

What did villa TH224 last sell for?

AED 1,950,000 on 24 April 2023: AED 928 per sqft for 2,099 sqft. The villa has 4 registered sales; the first was AED 1,369,888 in August 2015.

What is the rent for villa TH224?

AED 88,000 a year on the contract renewed on 9 February 2022. The previous contract, from February 2021, was AED 80,000; the villa has been rented since January 2020.

How big is villa TH224?

2,099 sqft (195.0 sqm): a three-bedroom villa in Zahra Townhouses, completed in 2017.

What is villa TH224 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 TH224, Zahra Townhouses

Starts from the last sale price (AED 1.95M, 24 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →