4-bed · 2,374 sqftZahra Townhouses, Town Square · completed 2017

TH240, Zahra Townhouses

Sold prices and rental history: sold twice, last in December 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH240 · DLD and Ejari recordsUpdated 12 December 2023
Last soldAED 2.5M12 December 2023
Current rentAED 116K /yr25 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH240, Zahra Townhouses

What is TH240 worth today?

Last sold for AED 2,500,000 in 2023

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12 Dec 2023SoldReady
AED 2,500,000AED 1,053 per sqft
25 Nov 2023RentedNew contract
AED 115,500/yr12 months · AED 49 per sqft
25 Nov 2023RentedNew contract
AED 115,500/yr12 months · AED 49 per sqft
26 Nov 2022RentedRenewal
AED 110,000/yr12 months · AED 46 per sqft
14 Dec 2020RentedRenewal
AED 95,000/yr12 months · AED 40 per sqft
14 Dec 2019RentedNew contract
AED 100,000/yr12 months · AED 42 per sqft
28 May 2018RentedNew contract
AED 135,000/yr12 months · AED 57 per sqft
5 Jun 2016Sold by developerOff-plan
AED 1,720,888AED 724 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2023.

Key facts

Type
4-bed villa
Size
2,374 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 2.5M · December 2023

About TH240, Zahra Townhouses

TH240 is a four-bedroom villa of 2,374 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. It last sold on 12 December 2023 for AED 2,500,000, or AED 1,053 per sqft, 4% above the AED 1,010 four-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 25 November 2023, is AED 115,500 a year: a gross yield of 4.6% on the 2023 price.

Sales and rents for TH240 over time

Sales
Villa TH240, each saleTypical four-bed in Zahra Townhouses
2M3M2015201820212024Typical sale price by year: 2015 AED 1,455,388; 2016 AED 1,684,888; 2017 AED 1,759,199; 2018 AED 1,850,000; 2019 AED 1,620,000; 2020 AED 1,460,000; 2021 AED 1,785,000; 2022 AED 2,120,000; 2024 AED 2,800,000; 2025 AED 3,100,000Sold by developer, June 2016: AED 1,720,888 (AED 724 per sqft)Sold, December 2023: AED 2,500,000 (AED 1,053 per sqft)

TH240 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH240, each contractTypical four-bed in Zahra Townhouses
100K150K2017202020232026Typical rent by year: 2017 AED 135,000; 2018 AED 130,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 110,250; 2023 AED 121,275; 2024 AED 145,530; 2025 AED 163,800; 2026 AED 167,500New contract, May 2018: AED 135,000 a yearNew contract, December 2019: AED 100,000 a yearRenewal, December 2020: AED 95,000 a yearRenewal, November 2022: AED 110,000 a yearNew contract, November 2023: AED 115,500 a yearNew contract, November 2023: AED 115,500 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Zahra Townhouses, and where TH240 sits

All 76 4-beds →

TH240 last sold in December 2023 at AED 1,053 per sqft, 4% above what four-beds in Zahra Townhouses were fetching at the time (AED 1,010). TH240's AED 115,500 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
3 Jul 20253,200,000
4 Jun 20253,200,000
22 Apr 20253,100,000
18 Mar 2025600,000
0 4-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 →

TH240, Zahra Townhouses in numbers

  • Sold twice: first on 5 June 2016 for AED 1,720,888, last on 12 December 2023 for AED 2,500,000 (AED 1,053 per sqft).
  • Rented since May 2018 on 6 Ejari contracts. The rent fell from AED 135,000 to AED 95,000 in 2020 and recovered to AED 115,500 by November 2023.
  • At AED 115,500 a year the gross yield on the 2023 price is 4.6%.

Source: YallaValue analysis of Dubai Land Department records. Updated 12 December 2023.

Questions about TH240, Zahra Townhouses

What did villa TH240 last sell for?

AED 2,500,000 on 12 December 2023: AED 1,053 per sqft for 2,374 sqft. The villa has 2 registered sales; the first was AED 1,720,888 in June 2016.

What is the rent for villa TH240?

AED 115,500 a year on the contract signed on 25 November 2023. The previous contract, from November 2023, was AED 115,500; the villa has been rented since May 2018.

How big is villa TH240?

2,374 sqft (220.6 sqm): a four-bedroom villa in Zahra Townhouses, completed in 2017.

What is villa TH240 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH240, Zahra Townhouses

Starts from the last sale price (AED 2.5M, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →