3-bed · 1,647 sqftAl Reem 1, Arabian Ranches · completed 2007

TH014, Al Reem 1

Sold prices and rental history: sold once, by the developer in December 2009, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH014 · DLD and Ejari recordsUpdated 1 October 2022
Last soldAED 449K9 December 2009
Current rentAED 120K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH014, Al Reem 1

What is TH014 worth today?

Last sold for AED 448,888 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Oct 2022RentedNew contract
AED 120,000/yr12 months · AED 73 per sqft
3 Sep 2021RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
1 Dec 2020RentedNew contract
AED 75,000/yr12 months · AED 46 per sqft
15 Nov 2018RentedNew contract
AED 95,000/yr12 months · AED 58 per sqft
7 Oct 2017RentedNew contract
AED 135,000/yr8 months · AED 82 per sqft
22 Feb 2017RentedNew contract
AED 135,000/yr12 months · AED 82 per sqft
24 Feb 2014RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
9 Dec 2009Sold by developerReady
AED 448,888AED 272 per sqft

Source: Dubai Land Department. Updated 1 October 2022.

Key facts

Type
3-bed villa
Size
1,647 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,100 /yr
Last sold
AED 449K · December 2009
Community
Al Reem 1

About TH014, Al Reem 1

TH014 is a three-bedroom villa of 1,647 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 9 December 2009 for AED 448,888, or AED 272 per sqft, 57% below the AED 637 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, signed on 1 October 2022, is AED 120,000 a year: a gross yield of 26.7% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for TH014 over time

Sales
Villa TH014, each saleTypical three-bed in Al Reem 1
02M4M20072012201720222027Typical sale price by year: 2007 AED 680,194; 2008 AED 1,195,000; 2009 AED 1,050,000; 2010 AED 869,944; 2011 AED 1,050,000; 2012 AED 1,600,000; 2013 AED 2,375,000; 2014 AED 2,525,000; 2015 AED 2,412,500; 2016 AED 2,887,500; 2017 AED 2,000,000; 2018 AED 1,710,000; 2019 AED 1,575,000; 2020 AED 1,450,000; 2021 AED 2,122,500; 2022 AED 2,355,000; 2023 AED 3,400,000; 2024 AED 3,830,000; 2025 AED 4,800,000; 2026 AED 4,825,000Sold by developer, December 2009: AED 448,888 (AED 272 per sqft)

TH014 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH014, each contractTypical three-bed in Al Reem 1
100K150K2012201620202024Typical rent by year: 2012 AED 127,500; 2013 AED 147,500; 2014 AED 163,544; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 143,573; 2018 AED 135,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 139,575; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 168,438New contract, February 2014: AED 105,000 a yearNew contract, February 2017: AED 135,000 a yearNew contract, October 2017: AED 135,000 a yearNew contract, November 2018: AED 95,000 a yearNew contract, December 2020: AED 75,000 a yearNew contract, September 2021: AED 95,000 a yearNew contract, October 2022: AED 120,000 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 Al Reem 1, and where TH014 sits

All 157 3-beds →

TH014 last sold in December 2009 at AED 272 per sqft, 57% below what three-beds in Al Reem 1 were fetching at the time (AED 637). Over the last 12 months three-beds sold for AED 4,100,000 to 7,100,000, around AED 1,961 per sqft, and rent for AED 130,000 to 228,526 a year. TH014's AED 120,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
5 Feb 20264,550,000
2 Feb 20267,100,000
22 Jan 20264,750,000
21 Jan 20264,500,000
13 3-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 →

TH014, Al Reem 1 in numbers

  • Sold once: by Emaar on 9 December 2009 for AED 448,888, or AED 272 per sqft.
  • Rented since February 2014 on 7 Ejari contracts. The rent fell from AED 105,000 to AED 75,000 in 2020 and recovered to AED 120,000 by October 2022.
  • At AED 120,000 a year the gross yield on the 2009 price is 26.7%, before a service charge of about AED 5,100 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 1 sold for AED 4,100,000–7,100,000 in the 12 months to November 2026; the community's median across all types is AED 1,989 per sqft.

Source: Dubai Land Department. Updated 1 October 2022.

Questions about TH014, Al Reem 1

What did villa TH014 last sell for?

AED 448,888 on 9 December 2009, sold by the developer: AED 272 per sqft for 1,647 sqft. It is the only registered sale of the villa.

What is the rent for villa TH014?

AED 120,000 a year on the contract signed on 1 October 2022. The previous contract, from September 2021, was AED 95,000; the villa has been rented since February 2014.

How big is villa TH014?

1,647 sqft (153.0 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH014 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 1 sold for AED 4,100,000 to 7,100,000 in the last 12 months, around AED 1,961 per sqft.

Selling TH014? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH014, Al Reem 1

Starts from the last sale price (AED 449K, 9 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 448,888
Deposit, UAE resident (20%)
AED 89,778
Deposit, non-resident (40%)
AED 179,555
Monthly over 25 years at 3.7%
AED 1,837

Plus AED 21,764 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →