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3-bed · 2,113 sqftZahra Townhouses, Town Square · completed 2017

TH296, Zahra Townhouses

Sold prices and rental history: sold 4 times, last in March 2023, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH296 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 1.73M23 March 2023
Current rentAED 130K /yr15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH296, Zahra Townhouses

What is TH296 worth today?

Last sold for AED 1,730,000 in 2023

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15 May 2023RentedNew contract
AED 130,000/yr12 months · AED 62 per sqft
23 Mar 2023SoldReady
AED 1,730,000AED 818 per sqft
5 Sep 2022SoldReady
AED 1,600,000AED 757 per sqft
26 Sep 2021RentedRenewal
AED 80,000/yr12 months · AED 38 per sqft
26 Sep 2020RentedNew contract
AED 70,000/yr12 months · AED 33 per sqft
3 Feb 2019RentedRenewal
AED 110,000/yr12 months · AED 52 per sqft
3 Feb 2018RentedNew contract
AED 110,000/yr12 months · AED 52 per sqft
16 Feb 2016SoldOff-plan
AED 1,263,777AED 598 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 15 May 2023.

Key facts

Type
3-bed villa
Size
2,113 sqft
Developer
Nshama Properties
Completed
2017
Last sold
AED 1.73M · March 2023
Community
Zahra Townhouses

About TH296, Zahra Townhouses

TH296 is a three-bedroom villa of 2,113 sqft in Zahra Townhouses, a villa community in Town Square completed in 2017 by Nshama Properties. It last sold on 23 March 2023 for AED 1,730,000, or AED 818 per sqft, 4% above the AED 786 three-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 5 Ejari contracts. The current contract, signed on 15 May 2023, is AED 130,000 a year: a gross yield of 7.5% on the 2023 price.

Sales and rents for TH296 over time

Sales
Villa TH296, 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 1,148,888 (AED 543 per sqft)Sold, February 2016: AED 1,263,777 (AED 598 per sqft)Sold, September 2022: AED 1,600,000 (AED 757 per sqft)Sold, March 2023: AED 1,730,000 (AED 818 per sqft)

TH296 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH296, 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, February 2018: AED 110,000 a yearRenewal, February 2019: AED 110,000 a yearNew contract, September 2020: AED 70,000 a yearRenewal, September 2021: AED 80,000 a yearNew contract, May 2023: AED 130,000 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 TH296 sits

All 243 3-beds →

TH296 last sold in March 2023 at AED 818 per sqft, 4% above what three-beds in Zahra Townhouses were fetching at the time (AED 786). 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. TH296's AED 130,000 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 →

TH296, Zahra Townhouses in numbers

  • Sold 4 times: first on 23 June 2015 for AED 1,148,888, last on 23 March 2023 for AED 1,730,000 (AED 818 per sqft).
  • Rented since February 2018 on 5 Ejari contracts. The rent fell from AED 110,000 to AED 70,000 in 2020 and recovered to AED 130,000 by May 2023.
  • At AED 130,000 a year the gross yield on the 2023 price is 7.5%.
  • 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 15 May 2023.

Questions about TH296, Zahra Townhouses

What did villa TH296 last sell for?

AED 1,730,000 on 23 March 2023: AED 818 per sqft for 2,113 sqft. The villa has 4 registered sales; the first was AED 1,148,888 in June 2015.

What is the rent for villa TH296?

AED 130,000 a year on the contract signed on 15 May 2023. The previous contract, from September 2021, was AED 80,000; the villa has been rented since February 2018.

How big is villa TH296?

2,113 sqft (196.3 sqm): a three-bedroom villa in Zahra Townhouses, completed in 2017.

What is villa TH296 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 TH296, Zahra Townhouses

Starts from the last sale price (AED 1.73M, 23 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,730,000
Deposit, UAE resident (20%)
AED 346,000
Deposit, non-resident (40%)
AED 692,000
Monthly over 25 years at 3.7%
AED 7,078

Plus AED 77,670 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →