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3-bed · 2,162 sqftZahra Townhouses, Town Square · completed 2017

TH238, Zahra Townhouses

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH238 · DLD and Ejari recordsUpdated 20 February 2023
Last soldAED 1.78M28 November 2022
Current rentAED 100K /yr20 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH238, Zahra Townhouses

What is TH238 worth today?

Last sold for AED 1,775,000 in 2022

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20 Feb 2023RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
28 Nov 2022SoldReady
AED 1,775,000AED 820 per sqft
20 Feb 2022RentedRenewal
AED 94,500/yr12 months · AED 44 per sqft
20 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 42 per sqft
15 Dec 2018RentedNew contract
AED 135,000/yr12 months · AED 62 per sqft
15 Dec 2017RentedNew contract
AED 135,000/yr12 months · AED 62 per sqft
23 Jun 2015Sold by developerOff-plan
AED 1,366,888AED 632 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 February 2023.

Key facts

Type
3-bed villa
Size
2,162 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1.78M · November 2022
Community
Zahra Townhouses

About TH238, Zahra Townhouses

TH238 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 28 November 2022 for AED 1,775,000, or AED 820 per sqft, 6% above the AED 775 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, signed on 20 February 2023, is AED 100,000 a year: a gross yield of 5.6% on the 2022 price.

Sales and rents for TH238 over time

Sales
Villa TH238, 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 1,366,888 (AED 632 per sqft)Sold, November 2022: AED 1,775,000 (AED 820 per sqft)

TH238 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH238, each contractTypical three-bed in Zahra Townhouses
100K125K2017202020232026Typical 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 135,000 a yearNew contract, December 2018: AED 135,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, February 2022: AED 94,500 a yearNew contract, February 2023: AED 100,000 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 TH238 sits

All 243 3-beds →

TH238 last sold in November 2022 at AED 820 per sqft, 6% above what three-beds in Zahra Townhouses were fetching at the time (AED 775). 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. TH238's AED 100,000 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 →

TH238, Zahra Townhouses in numbers

  • Sold twice: first on 23 June 2015 for AED 1,366,888, last on 28 November 2022 for AED 1,775,000 (AED 820 per sqft).
  • Rented since December 2017 on 5 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2021 and recovered to AED 100,000 by February 2023.
  • At AED 100,000 a year the gross yield on the 2022 price is 5.6%.
  • 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 20 February 2023.

Questions about TH238, Zahra Townhouses

What did villa TH238 last sell for?

AED 1,775,000 on 28 November 2022: AED 820 per sqft for 2,162 sqft. The villa has 2 registered sales; the first was AED 1,366,888 in June 2015.

What is the rent for villa TH238?

AED 100,000 a year on the contract signed on 20 February 2023. The previous contract, from February 2022, was AED 94,500; the villa has been rented since December 2017.

How big is villa TH238?

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

What is villa TH238 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 TH238, Zahra Townhouses

Starts from the last sale price (AED 1.78M, 28 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,775,000
Deposit, UAE resident (20%)
AED 355,000
Deposit, non-resident (40%)
AED 710,000
Monthly over 25 years at 3.7%
AED 7,262

Plus AED 79,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →