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

TH040, Al Reem 1

Sold prices and rental history: sold once, by the developer in November 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH040 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 449K19 November 2009
Current rentAED 119K /yr5 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH040, Al Reem 1

What is TH040 worth today?

Last sold for AED 448,888 in 2009

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5 Jun 2024RentedRenewal
AED 118,965/yr12 months · AED 72 per sqft
5 Jun 2023RentedNew contract
AED 108,150/yr12 months · AED 66 per sqft
5 Jun 2022RentedNew contract
AED 103,000/yr12 months · AED 63 per sqft
1 Mar 2021RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
1 Mar 2019RentedRenewal
AED 100,288/yr12 months · AED 61 per sqft
1 Mar 2016RentedRenewal
AED 139,625/yr12 months · AED 85 per sqft
1 Mar 2015RentedNew contract
AED 140,000/yr12 months · AED 85 per sqft
19 Nov 2009Sold by developerReady
AED 448,888AED 272 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

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

About TH040, Al Reem 1

TH040 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 19 November 2009 for AED 448,888, or AED 272 per sqft, 53% below the AED 579 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 5 June 2024, is AED 118,965 a year: a gross yield of 26.5% on the 2009 price, before the service charge of about AED 5,100 a year.

Sales and rents for TH040 over time

Sales
Villa TH040, 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, November 2009: AED 448,888 (AED 272 per sqft)

TH040 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH040, 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, March 2015: AED 140,000 a yearRenewal, March 2016: AED 139,625 a yearRenewal, March 2019: AED 100,288 a yearRenewal, March 2021: AED 85,000 a yearNew contract, June 2022: AED 103,000 a yearNew contract, June 2023: AED 108,150 a yearRenewal, June 2024: AED 118,965 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 TH040 sits

All 157 3-beds →

TH040 last sold in November 2009 at AED 272 per sqft, 53% below what three-beds in Al Reem 1 were fetching at the time (AED 579). 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. TH040's AED 118,965 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 →

TH040, Al Reem 1 in numbers

  • Sold once: by Emaar on 19 November 2009 for AED 448,888, or AED 272 per sqft.
  • Rented since March 2015 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 85,000 in 2021 and recovered to AED 118,965 by June 2024.
  • At AED 118,965 a year the gross yield on the 2009 price is 26.5%, 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 5 June 2024.

Questions about TH040, Al Reem 1

What did villa TH040 last sell for?

AED 448,888 on 19 November 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 TH040?

AED 118,965 a year on the contract renewed on 5 June 2024. The previous contract, from June 2023, was AED 108,150; the villa has been rented since March 2015.

How big is villa TH040?

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

What is villa TH040 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 TH040, Al Reem 1

Starts from the last sale price (AED 449K, 19 November 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 →