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3-bed · 1,635 sqftAl Reem 1, Arabian Ranches · completed 2007

TH015, Al Reem 1

Sold prices and rental history: sold 3 times, last in March 2019, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH015 · DLD and Ejari recordsUpdated 28 March 2019
Last soldAED 1.33M28 March 2019
Current rentAED 115K /yr15 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH015, Al Reem 1

What is TH015 worth today?

Last sold for AED 1,325,000 in 2019

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28 Mar 2019SoldReady
AED 1,325,000AED 810 per sqft
15 Sep 2017RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft
15 Sep 2016RentedNew contract
AED 135,000/yr12 months · AED 83 per sqft
1 Sep 2015RentedRenewal
AED 155,000/yr12 months · AED 95 per sqft
1 Sep 2014RentedNew contract
AED 155,000/yr12 months · AED 95 per sqft
19 Jan 2011SoldReady
AED 567,500AED 347 per sqft
3 Oct 2007Sold by developerReady
AED 448,888AED 274 per sqft

Source: Dubai Land Department. Updated 28 March 2019.

Key facts

Type
3-bed villa
Size
1,635 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,000 /yr
Last sold
AED 1.33M · March 2019
Community
Al Reem 1

About TH015, Al Reem 1

TH015 is a three-bedroom villa of 1,635 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 28 March 2019 for AED 1,325,000, or AED 810 per sqft, in line with the AED 817 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, signed on 15 September 2017, is AED 115,000 a year: a gross yield of 8.7% on the 2019 price, before the service charge of about AED 5,000 a year.

Sales and rents for TH015 over time

Sales
Villa TH015, 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, October 2007: AED 448,888 (AED 274 per sqft)Sold, January 2011: AED 567,500 (AED 347 per sqft)Sold, March 2019: AED 1,325,000 (AED 810 per sqft)

TH015 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH015, 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, September 2014: AED 155,000 a yearRenewal, September 2015: AED 155,000 a yearNew contract, September 2016: AED 135,000 a yearNew contract, September 2017: AED 115,000 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 TH015 sits

All 157 3-beds →

TH015 last sold in March 2019 at AED 810 per sqft, in line with what three-beds in Al Reem 1 were fetching at the time (AED 817). 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. TH015's AED 115,000 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH015, Al Reem 1 in numbers

  • Sold 3 times: first on 3 October 2007 for AED 448,888, last on 28 March 2019 for AED 1,325,000 (AED 810 per sqft).
  • Rented since September 2014 on 4 Ejari contracts, from AED 155,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2019 price is 8.7%, before a service charge of about AED 5,000 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 28 March 2019.

Questions about TH015, Al Reem 1

What did villa TH015 last sell for?

AED 1,325,000 on 28 March 2019: AED 810 per sqft for 1,635 sqft. The villa has 3 registered sales; the first was AED 448,888 in October 2007.

What is the rent for villa TH015?

AED 115,000 a year on the contract signed on 15 September 2017. The previous contract, from September 2016, was AED 135,000; the villa has been rented since September 2014.

How big is villa TH015?

1,635 sqft (151.9 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH015 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.

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Mortgage on TH015, Al Reem 1

Starts from the last sale price (AED 1.33M, 28 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,325,000
Deposit, UAE resident (20%)
AED 265,000
Deposit, non-resident (40%)
AED 530,000
Monthly over 25 years at 3.7%
AED 5,421

Plus AED 60,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →