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4-bed · 2,460 sqftAl Reem 1, Arabian Ranches · completed 2007

TH007, Al Reem 1

Sold prices and rental history: sold twice, last in September 2020, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH007 · DLD and Ejari recordsUpdated 30 September 2020
Last soldAED 744K30 September 2020
Current rentAED 100K /yr15 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH007, Al Reem 1

What is TH007 worth today?

Last sold for AED 743,750 in 2020

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30 Sep 2020SoldReady
AED 743,750AED 302 per sqft
15 Mar 2020RentedRenewal
AED 100,000/yr12 months · AED 41 per sqft
15 Mar 2019RentedNew contract
AED 110,000/yr12 months · AED 45 per sqft
20 Feb 2018RentedNew contract
AED 117,500/yr12 months · AED 48 per sqft
12 Jul 2015Sold by developerReady
AED 615,888AED 250 per sqft

Source: Dubai Land Department. Updated 30 September 2020.

Key facts

Type
4-bed villa
Size
2,460 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,600 /yr
Last sold
AED 744K · September 2020
Community
Al Reem 1

About TH007, Al Reem 1

TH007 is a four-bedroom villa of 2,460 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 30 September 2020 for AED 743,750, or AED 302 per sqft, 49% below the AED 594 four-beds in the community were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, renewed on 15 March 2020, is AED 100,000 a year: a gross yield of 13.5% on the 2020 price, before the service charge of about AED 7,600 a year.

Sales and rents for TH007 over time

Sales
Villa TH007, each saleTypical four-bed in Al Reem 1
1M2M3M2007201220172022Typical sale price by year: 2007 AED 667,388; 2008 AED 1,051,000; 2009 AED 1,400,000; 2010 AED 1,062,500; 2011 AED 1,450,000; 2012 AED 1,795,000; 2013 AED 2,150,000; 2014 AED 2,637,500; 2015 AED 2,250,000; 2016 AED 2,300,000; 2017 AED 2,150,000; 2018 AED 1,800,000; 2019 AED 1,650,000; 2020 AED 1,430,000; 2021 AED 1,975,000; 2022 AED 2,325,000; 2023 AED 2,667,938Sold by developer, July 2015: AED 615,888 (AED 250 per sqft)Sold, September 2020: AED 743,750 (AED 302 per sqft)

TH007 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH007, each contractTypical four-bed in Al Reem 1
100K150K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 135,000; 2013 AED 148,500; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 147,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 112,000; 2022 AED 135,000; 2023 AED 147,500; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 204,750New contract, February 2018: AED 117,500 a yearNew contract, March 2019: AED 110,000 a yearRenewal, March 2020: AED 100,000 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 Al Reem 1, and where TH007 sits

All 176 4-beds →

TH007 last sold in September 2020 at AED 302 per sqft, 49% below what four-beds in Al Reem 1 were fetching at the time (AED 594). TH007's AED 100,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
23 Jun 20232,595,000
2 Jun 20232,850,000
31 May 20231,325,000
12 May 20232,900,000
0 4-bed sales in the last 12 months

Al Reem 1

Community

473 villas, 2-bed to 5-bed in Arabian Ranches, completed in 2007 by Emaar. 14 sold in the last 12 months.

Typical price per sqft
AED 1,989 Up 5.9%
Typical sale
AED 4.83M
Typical rent
AED 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH007, Al Reem 1 in numbers

  • Sold twice: first on 12 July 2015 for AED 615,888, last on 30 September 2020 for AED 743,750 (AED 302 per sqft).
  • Rented since February 2018 on 3 Ejari contracts, from AED 117,500 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2020 price is 13.5%, before a service charge of about AED 7,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 30 September 2020.

Questions about TH007, Al Reem 1

What did villa TH007 last sell for?

AED 743,750 on 30 September 2020: AED 302 per sqft for 2,460 sqft. The villa has 2 registered sales; the first was AED 615,888 in July 2015.

What is the rent for villa TH007?

AED 100,000 a year on the contract renewed on 15 March 2020. The previous contract, from March 2019, was AED 110,000; the villa has been rented since February 2018.

How big is villa TH007?

2,460 sqft (228.5 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH007 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 TH007, Al Reem 1

Starts from the last sale price (AED 744K, 30 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 743,750
Deposit, UAE resident (20%)
AED 148,750
Deposit, non-resident (40%)
AED 297,500
Monthly over 25 years at 3.7%
AED 3,043

Plus AED 36,248 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →