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

TH018, Al Reem 1

Sold prices and rental history: sold 3 times, last in March 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH018 · DLD and Ejari recordsUpdated 7 March 2023
Last soldAED 1.95M7 March 2023
Current rentAED 95K /yr31 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH018, Al Reem 1

What is TH018 worth today?

Last sold for AED 1,950,000 in 2023

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7 Mar 2023SoldReady
AED 1,950,000AED 1,183 per sqft
31 Mar 2022RentedRenewal
AED 95,000/yr12 months · AED 58 per sqft
31 Mar 2021RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
6 Mar 2020RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
6 Mar 2019RentedNew contract
AED 90,000/yr12 months · AED 55 per sqft
24 Feb 2017RentedNew contract
AED 121,775/yr12 months · AED 74 per sqft
1 Jun 2014RentedNew contract
AED 125,560/yr12 months · AED 76 per sqft
12 Jun 2013SoldReady
AED 1,850,000AED 1,123 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 March 2023.

Key facts

Type
3-bed villa
Size
1,647 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,100 /yr
Last sold
AED 1.95M · March 2023
Community
Al Reem 1

About TH018, Al Reem 1

TH018 is a three-bedroom villa of 1,647 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 7 March 2023 for AED 1,950,000, or AED 1,183 per sqft, 15% above the AED 1,033 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 31 March 2022, is AED 95,000 a year: a gross yield of 4.9% on the 2023 price, before the service charge of about AED 5,100 a year.

Sales and rents for TH018 over time

Sales
Villa TH018, 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, August 2007: AED 1,611,600 (AED 978 per sqft)Sold, June 2013: AED 1,850,000 (AED 1,123 per sqft)Sold, March 2023: AED 1,950,000 (AED 1,183 per sqft)

TH018 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH018, 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, June 2013: AED 122,250 a yearNew contract, June 2014: AED 125,560 a yearNew contract, February 2017: AED 121,775 a yearNew contract, March 2019: AED 90,000 a yearRenewal, March 2020: AED 85,000 a yearNew contract, March 2021: AED 85,000 a yearRenewal, March 2022: AED 95,000 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 TH018 sits

All 157 3-beds →

TH018 last sold in March 2023 at AED 1,183 per sqft, 15% above what three-beds in Al Reem 1 were fetching at the time (AED 1,033). 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. TH018's AED 95,000 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 5.8%
Typical sale
AED 4.83M
Typical rent
AED 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH018, Al Reem 1 in numbers

  • Sold 3 times: first on 29 August 2007 for AED 1,611,600, last on 7 March 2023 for AED 1,950,000 (AED 1,183 per sqft).
  • Rented since June 2013 on 7 Ejari contracts. The rent fell from AED 122,250 to AED 85,000 in 2021 and recovered to AED 95,000 by March 2022.
  • At AED 95,000 a year the gross yield on the 2023 price is 4.9%, 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: YallaValue analysis of Dubai Land Department records. Updated 7 March 2023.

Questions about TH018, Al Reem 1

What did villa TH018 last sell for?

AED 1,950,000 on 7 March 2023: AED 1,183 per sqft for 1,647 sqft. The villa has 3 registered sales; the first was AED 1,611,600 in August 2007.

What is the rent for villa TH018?

AED 95,000 a year on the contract renewed on 31 March 2022. The previous contract, from March 2021, was AED 85,000; the villa has been rented since June 2013.

How big is villa TH018?

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

What is villa TH018 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 TH018, Al Reem 1

Starts from the last sale price (AED 1.95M, 7 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →