3-bed · 2,235 sqftCherrywoods, Cherrywoods · completed 2021

P2 - TH016, Cherrywoods

Sold prices and rental history: sold once, by the developer in November 2019, and rented once, from April 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa P2 - TH016 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 1.67M25 November 2019
Current rentAED 155K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for P2 - TH016, Cherrywoods

What is P2 - TH016 worth today?

Last sold for AED 1,667,000 in 2019

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1 Apr 2024RentedNew contract
AED 155,000/yr12 months · AED 69 per sqft
25 Nov 2019Sold by developerOff-plan
AED 1,667,000AED 745 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
3-bed villa
Size
2,235 sqft
Developer
Al Qudra Estates
Completed
2021
Last sold
AED 1.67M · November 2019
Community
Cherrywoods

About P2 - TH016, Cherrywoods

P2 - TH016 is a three-bedroom villa of 2,235 sqft in Cherrywoods, a villa community in Cherrywoods completed in 2021 by Al Qudra Estates. The developer sold it on 25 November 2019 for AED 1,667,000, or AED 745 per sqft, 4% above the AED 716 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 April 2024. The current contract, signed on 1 April 2024, is AED 155,000 a year: a gross yield of 9.3% on the 2019 price.

Sales and rents for P2 - TH016 over time

Sales
Villa P2 - TH016, each saleTypical three-bed in Cherrywoods
2M3M20192021202320252027Typical sale price by year: 2019 AED 1,657,000; 2020 AED 1,639,000; 2021 AED 1,725,000; 2022 AED 1,990,000; 2023 AED 2,125,000; 2024 AED 2,700,000; 2025 AED 2,960,000; 2026 AED 3,275,000Sold by developer, November 2019: AED 1,667,000 (AED 745 per sqft)

P2 - TH016 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa P2 - TH016, each contractTypical three-bed in Cherrywoods
160K170K2024202520262027Typical rent by year: 2024 AED 160,000; 2025 AED 169,000; 2026 AED 170,000New contract, April 2024: AED 155,000 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 Cherrywoods, and where P2 - TH016 sits

All 250 3-beds →

P2 - TH016 last sold in November 2019 at AED 745 per sqft, 4% above what three-beds in Cherrywoods were fetching at the time (AED 716). Over the last 12 months three-beds sold for AED 3,000,000 to 3,850,000, around AED 1,456 per sqft, and rent for AED 90,000 to 270,000 a year. P2 - TH016's AED 155,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
5 Nov 20263,400,000
19 Oct 20263,575,000
8 Sep 20263,050,000
10 Aug 20263,370,000
15 3-bed sales in the last 12 months

Cherrywoods

Community

378 villas, 3-bed to 4-bed in Cherrywoods, completed in 2021 by Al Qudra Estates. 28 sold in the last 12 months.

Typical price per sqft
AED 1,460 Up 8.2%
Typical sale
AED 3.56M
Typical rent
AED 180K /yr
Typical yield
5.2%
Cherrywoods, Cherrywoods: prices, sales and rents →

P2 - TH016, Cherrywoods in numbers

  • Sold once: by Al Qudra Estates on 25 November 2019 for AED 1,667,000, or AED 745 per sqft.
  • Rented since April 2024 on one Ejari contract, at AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2019 price is 9.3%.
  • Three-beds in Cherrywoods sold for AED 3,000,000–3,850,000 in the 12 months to November 2026; the community's median across all types is AED 1,460 per sqft.

Source: Dubai Land Department. Updated 1 April 2024.

Questions about P2 - TH016, Cherrywoods

What did villa P2 - TH016 last sell for?

AED 1,667,000 on 25 November 2019, sold by the developer: AED 745 per sqft for 2,235 sqft. It is the only registered sale of the villa.

What is the rent for villa P2 - TH016?

AED 155,000 a year on the contract signed on 1 April 2024.

How big is villa P2 - TH016?

2,235 sqft (207.6 sqm): a three-bedroom villa in Cherrywoods, completed in 2021.

What is villa P2 - TH016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Cherrywoods sold for AED 3,000,000 to 3,850,000 in the last 12 months, around AED 1,456 per sqft.

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Mortgage on P2 - TH016, Cherrywoods

Starts from the last sale price (AED 1.67M, 25 November 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,667,000
Deposit, UAE resident (20%)
AED 333,400
Deposit, non-resident (40%)
AED 666,800
Monthly over 25 years at 3.7%
AED 6,820

Plus AED 75,024 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →