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2-bed · 1,761 sqftAl Reem 1, Arabian Ranches · completed 2007

TH016, Al Reem 1

Sold prices and rental history: sold 5 times, last in December 2023, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH016 · DLD and Ejari recordsUpdated 12 December 2023
Last soldAED 2.63M12 December 2023
Current rentAED 50K /yr30 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH016, Al Reem 1

What is TH016 worth today?

Last sold for AED 2,625,000 in 2023

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12 Dec 2023SoldReady
AED 2,625,000AED 1,490 per sqft
22 Nov 2018SoldReady
AED 1,825,000AED 1,036 per sqft
30 Sep 2018RentedNew contract
AED 50,000/yr12 months · AED 28 per sqft
24 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 74 per sqft
10 Oct 2016SoldReady
AED 1,825,000AED 1,036 per sqft
31 May 2015SoldReady
AED 800,000AED 908 per sqft
1 Nov 2014RentedNew contract
AED 107,500/yr12 months · AED 61 per sqft
22 Nov 2007Sold by developerReady
AED 245,444AED 139 per sqft

Source: Dubai Land Department. Updated 12 December 2023.

Key facts

Type
2-bed villa
Size
1,761 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,400 /yr
Last sold
AED 2.63M · December 2023
Community
Al Reem 1

About TH016, Al Reem 1

TH016 is a two-bedroom villa of 1,761 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 12 December 2023 for AED 2,625,000, or AED 1,490 per sqft, 13% above the AED 1,314 two-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 30 September 2018, is AED 50,000 a year: a gross yield of 1.9% on the 2023 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH016 over time

Sales
Villa TH016, each saleTypical two-bed in Al Reem 1
02M2007201220172022Typical sale price by year: 2007 AED 343,972; 2008 AED 645,444; 2009 AED 448,888; 2011 AED 739,444; 2014 AED 2,087,500; 2016 AED 1,825,000; 2018 AED 1,600,000; 2022 AED 1,575,000; 2023 AED 2,150,000; 2024 AED 2,825,000; 2025 AED 3,330,000Sold by developer, November 2007: AED 245,444 (AED 139 per sqft)Sold, May 2015: AED 800,000 (AED 908 per sqft)Sold, October 2016: AED 1,825,000 (AED 1,036 per sqft)Sold, November 2018: AED 1,825,000 (AED 1,036 per sqft)Sold, December 2023: AED 2,625,000 (AED 1,490 per sqft)

TH016 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH016, each contractTypical two-bed in Al Reem 1
100K2012201620202024Typical rent by year: 2012 AED 88,200; 2013 AED 95,000; 2014 AED 134,000; 2015 AED 130,000; 2016 AED 135,000; 2017 AED 122,500; 2018 AED 107,500; 2019 AED 90,000; 2020 AED 82,500; 2021 AED 88,500; 2022 AED 105,000; 2023 AED 130,000; 2024 AED 140,000; 2025 AED 175,000New contract, November 2014: AED 107,500 a yearNew contract, September 2017: AED 130,000 a yearNew contract, September 2018: AED 50,000 a year

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the community.

2-beds in Al Reem 1, and where TH016 sits

All 20 2-beds →

TH016 last sold in December 2023 at AED 1,490 per sqft, 13% above what two-beds in Al Reem 1 were fetching at the time (AED 1,314). Over the last 12 months two-beds sold for AED 3,750,000, around AED 2,144 per sqft, and rent for AED 155,000 to 175,000 a year.

Recent 2-bed salesVilla no.Price (AED)Summary
18 Dec 20253,750,000
30 Oct 20253,550,000
29 Oct 20253,330,000
23 Oct 20254,400,000
1 2-bed sale 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 →

TH016, Al Reem 1 in numbers

  • Sold 5 times: first on 22 November 2007 for AED 245,444, last on 12 December 2023 for AED 2,625,000 (AED 1,490 per sqft).
  • Rented since November 2014 on 3 Ejari contracts, from AED 107,500 to AED 50,000 a year.
  • At AED 50,000 a year the gross yield on the 2023 price is 1.9%, before a service charge of about AED 5,400 a year (AED 3.08 per sqft).
  • Two-beds in Al Reem 1 sold for AED 3,750,000–3,750,000 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 12 December 2023.

Questions about TH016, Al Reem 1

What did villa TH016 last sell for?

AED 2,625,000 on 12 December 2023: AED 1,490 per sqft for 1,761 sqft. The villa has 5 registered sales; the first was AED 245,444 in November 2007.

What is the rent for villa TH016?

AED 50,000 a year on the contract signed on 30 September 2018. The previous contract, from September 2017, was AED 130,000; the villa has been rented since November 2014.

How big is villa TH016?

1,761 sqft (163.6 sqm): a two-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH016 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Reem 1 sold for AED 3,750,000 to 3,750,000 in the last 12 months, around AED 2,144 per sqft.

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Mortgage on TH016, Al Reem 1

Starts from the last sale price (AED 2.63M, 12 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,625,000
Deposit, UAE resident (20%)
AED 525,000
Deposit, non-resident (40%)
AED 1,050,000
Monthly over 25 years at 3.7%
AED 10,740

Plus AED 115,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →