2-bed · 1,749 sqftAl Reem 1, Arabian Ranches · completed 2007

TH023, Al Reem 1

Sold prices and rental history: sold 4 times, last in October 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH023 · DLD and Ejari recordsUpdated 23 October 2025
Last soldAED 4.4M23 October 2025
Current rentAED 110K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH023, Al Reem 1

What is TH023 worth today?

Last sold for AED 4,400,000 in 2025

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23 Oct 2025SoldReady
AED 4,400,000AED 2,515 per sqft
16 Jan 2025SoldReady
AED 2,750,000AED 1,572 per sqft
26 Jan 2023SoldReady
AED 2,100,000AED 1,200 per sqft
1 Sep 2022RentedNew contract
AED 110,000/yr12 months · AED 63 per sqft
26 Oct 2021RentedRenewal
AED 93,000/yr6 months · AED 53 per sqft
26 Apr 2021RentedRenewal
AED 93,000/yr6 months · AED 53 per sqft
26 Apr 2020RentedRenewal
AED 93,000/yr12 months · AED 53 per sqft
26 Apr 2019RentedNew contract
AED 100,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 23 October 2025.

Key facts

Type
2-bed villa
Size
1,749 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,400 /yr
Last sold
AED 4.4M · October 2025
Community
Al Reem 1

About TH023, Al Reem 1

TH023 is a two-bedroom villa of 1,749 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 23 October 2025 for AED 4,400,000, or AED 2,515 per sqft, 40% above the AED 1,797 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 1 September 2022, is AED 110,000 a year: a gross yield of 2.5% on the 2025 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH023 over time

Sales
Villa TH023, each saleTypical two-bed in Al Reem 1
02M4M2007201220172022Typical 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, April 2008: AED 490,888 (AED 280 per sqft)Sold, January 2023: AED 2,100,000 (AED 1,200 per sqft)Sold, January 2025: AED 2,750,000 (AED 1,572 per sqft)Sold, October 2025: AED 4,400,000 (AED 2,515 per sqft)

TH023 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH023, each contractTypical two-bed in Al Reem 1
100K150K2012201620202024Typical 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 2013: AED 125,000 a yearNew contract, November 2014: AED 130,000 a yearNew contract, November 2015: AED 130,000 a yearNew contract, April 2019: AED 100,000 a yearRenewal, April 2020: AED 93,000 a yearRenewal, April 2021: AED 93,000 a yearRenewal, October 2021: AED 93,000 a yearNew contract, September 2022: AED 110,000 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 TH023 sits

All 20 2-beds →

TH023 last sold in October 2025 at AED 2,515 per sqft, 40% above what two-beds in Al Reem 1 were fetching at the time (AED 1,797). 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
1 Oct 20253,600,000
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 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH023, Al Reem 1 in numbers

  • Sold 4 times: first on 28 April 2008 for AED 490,888, last on 23 October 2025 for AED 4,400,000 (AED 2,515 per sqft).
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 125,000 to AED 93,000 in 2021 and recovered to AED 110,000 by September 2022.
  • At AED 110,000 a year the gross yield on the 2025 price is 2.5%, 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 23 October 2025.

Questions about TH023, Al Reem 1

What did villa TH023 last sell for?

AED 4,400,000 on 23 October 2025: AED 2,515 per sqft for 1,749 sqft. The villa has 4 registered sales; the first was AED 490,888 in April 2008.

What is the rent for villa TH023?

AED 110,000 a year on the contract signed on 1 September 2022. The previous contract, from October 2021, was AED 93,000; the villa has been rented since November 2013.

How big is villa TH023?

1,749 sqft (162.5 sqm): a two-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH023 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 TH023, Al Reem 1

Starts from the last sale price (AED 4.4M, 23 October 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

Plus AED 189,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →