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

TH244, Zahra Townhouses

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH244 · DLD and Ejari recordsUpdated 5 July 2024
Last soldAED 1.62M23 June 2015
Current rentAED 170K /yr5 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH244, Zahra Townhouses

What is TH244 worth today?

Last sold for AED 1,615,888 in 2015

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5 Jul 2024RentedNew contract
AED 170,000/yr12 months · AED 72 per sqft
25 Jun 2022RentedRenewal
AED 121,000/yr12 months · AED 51 per sqft
25 Jun 2020RentedNew contract
AED 100,000/yr12 months · AED 42 per sqft
7 Feb 2019RentedNew contract
AED 125,000/yr12 months · AED 53 per sqft
23 Jun 2015Sold by developerOff-plan
AED 1,615,888AED 680 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2024.

Key facts

Type
4-bed villa
Size
2,374 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1.62M · June 2015

About TH244, Zahra Townhouses

TH244 is a four-bedroom villa of 2,374 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. The developer sold it on 23 June 2015 for AED 1,615,888, or AED 680 per sqft, 11% above the AED 613 four-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, signed on 5 July 2024, is AED 170,000 a year: a gross yield of 10.5% on the 2015 price.

Sales and rents for TH244 over time

Sales
Villa TH244, 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 2015: AED 1,615,888 (AED 680 per sqft)

TH244 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH244, 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, February 2019: AED 125,000 a yearNew contract, June 2020: AED 100,000 a yearRenewal, June 2022: AED 121,000 a yearNew contract, July 2024: AED 170,000 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 TH244 sits

All 76 4-beds →

TH244 last sold in June 2015 at AED 680 per sqft, 11% above what four-beds in Zahra Townhouses were fetching at the time (AED 613). TH244's AED 170,000 is in the upper half 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 →

TH244, Zahra Townhouses in numbers

  • Sold once: by Nshama Properties on 23 June 2015 for AED 1,615,888, or AED 680 per sqft.
  • Rented since February 2019 on 4 Ejari contracts. The rent fell from AED 125,000 to AED 100,000 in 2020 and recovered to AED 170,000 by July 2024.
  • At AED 170,000 a year the gross yield on the 2015 price is 10.5%.

Source: YallaValue analysis of Dubai Land Department records. Updated 5 July 2024.

Questions about TH244, Zahra Townhouses

What did villa TH244 last sell for?

AED 1,615,888 on 23 June 2015, sold by the developer: AED 680 per sqft for 2,374 sqft. It is the only registered sale of the villa.

What is the rent for villa TH244?

AED 170,000 a year on the contract signed on 5 July 2024. The previous contract, from June 2022, was AED 121,000; the villa has been rented since February 2019.

How big is villa TH244?

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

What is villa TH244 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 TH244, Zahra Townhouses

Starts from the last sale price (AED 1.62M, 23 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 1,615,888
Deposit, UAE resident (20%)
AED 323,178
Deposit, non-resident (40%)
AED 646,355
Monthly over 25 years at 3.7%
AED 6,611

Plus AED 72,878 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →