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

TH242, Zahra Townhouses

Sold prices and rental history: sold once, by the developer in August 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH242 · DLD and Ejari recordsUpdated 26 October 2024
Last soldAED 1.36M18 August 2015
Current rentAED 108K /yr26 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH242, Zahra Townhouses

What is TH242 worth today?

Last sold for AED 1,361,888 in 2015

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26 Oct 2024RentedRenewal
AED 108,100/yr12 months · AED 50 per sqft
26 Oct 2022RentedRenewal
AED 94,000/yr12 months · AED 43 per sqft
26 Oct 2021RentedNew contract
AED 94,000/yr12 months · AED 43 per sqft
26 Oct 2020RentedRenewal
AED 94,000/yr12 months · AED 43 per sqft
26 Oct 2017RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
18 Aug 2015Sold by developerOff-plan
AED 1,361,888AED 629 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 26 October 2024.

Key facts

Type
3-bed villa
Size
2,164 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1.36M · August 2015
Community
Zahra Townhouses

About TH242, Zahra Townhouses

TH242 is a three-bedroom villa of 2,164 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. The developer sold it on 18 August 2015 for AED 1,361,888, or AED 629 per sqft, 12% above the AED 564 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 26 October 2024, is AED 108,100 a year: a gross yield of 7.9% on the 2015 price.

Sales and rents for TH242 over time

Sales
Villa TH242, 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 1,361,888 (AED 629 per sqft)

TH242 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH242, 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, October 2017: AED 130,000 a yearRenewal, October 2020: AED 94,000 a yearNew contract, October 2021: AED 94,000 a yearRenewal, October 2022: AED 94,000 a yearRenewal, October 2024: AED 108,100 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 TH242 sits

All 243 3-beds →

TH242 last sold in August 2015 at AED 629 per sqft, 12% above what three-beds in Zahra Townhouses were fetching at the time (AED 564). 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. TH242's AED 108,100 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 →

TH242, Zahra Townhouses in numbers

  • Sold once: by Nshama Properties on 18 August 2015 for AED 1,361,888, or AED 629 per sqft.
  • Rented since October 2017 on 5 Ejari contracts. The rent fell from AED 130,000 to AED 94,000 in 2022 and recovered to AED 108,100 by October 2024.
  • At AED 108,100 a year the gross yield on the 2015 price is 7.9%.
  • 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 26 October 2024.

Questions about TH242, Zahra Townhouses

What did villa TH242 last sell for?

AED 1,361,888 on 18 August 2015, sold by the developer: AED 629 per sqft for 2,164 sqft. It is the only registered sale of the villa.

What is the rent for villa TH242?

AED 108,100 a year on the contract renewed on 26 October 2024. The previous contract, from October 2022, was AED 94,000; the villa has been rented since October 2017.

How big is villa TH242?

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

What is villa TH242 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 TH242, Zahra Townhouses

Starts from the last sale price (AED 1.36M, 18 August 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,361,888
Deposit, UAE resident (20%)
AED 272,378
Deposit, non-resident (40%)
AED 544,755
Monthly over 25 years at 3.7%
AED 5,572

Plus AED 62,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →