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

TH041, Al Reem 1

Sold prices and rental history: sold once, by the developer in December 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH041 · DLD and Ejari recordsUpdated 1 April 2024
Last soldAED 449K7 December 2011
Current rentAED 116K /yr1 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH041, Al Reem 1

What is TH041 worth today?

Last sold for AED 448,888 in 2011

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1 Apr 2024RentedNew contract
AED 116,000/yr13 months · AED 71 per sqft
1 May 2023RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
1 Apr 2022RentedNew contract
AED 95,000/yr13 months · AED 58 per sqft
18 Dec 2020RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
18 Dec 2019RentedRenewal
AED 85,000/yr12 months · AED 52 per sqft
18 Dec 2018RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
14 Jun 2018RentedRenewal
AED 110,000/yr12 months · AED 67 per sqft
14 Jun 2017RentedNew contract
AED 115,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 1 April 2024.

Key facts

Type
3-bed villa
Size
1,635 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,000 /yr
Last sold
AED 449K · December 2011
Community
Al Reem 1

About TH041, Al Reem 1

TH041 is a three-bedroom villa of 1,635 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 7 December 2011 for AED 448,888, or AED 274 per sqft, 54% below the AED 591 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 1 April 2024, is AED 116,000 a year: a gross yield of 25.8% on the 2011 price, before the service charge of about AED 5,000 a year.

Sales and rents for TH041 over time

Sales
Villa TH041, 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, December 2011: AED 448,888 (AED 274 per sqft)

TH041 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH041, 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, January 2012: AED 80,000 a yearNew contract, January 2013: AED 84,000 a yearNew contract, November 2014: AED 135,000 a yearNew contract, June 2017: AED 115,000 a yearRenewal, June 2018: AED 110,000 a yearNew contract, December 2018: AED 85,000 a yearRenewal, December 2019: AED 85,000 a yearRenewal, December 2020: AED 85,000 a yearNew contract, April 2022: AED 95,000 a yearRenewal, May 2023: AED 110,000 a yearNew contract, April 2024: AED 116,000 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 TH041 sits

All 157 3-beds →

TH041 last sold in December 2011 at AED 274 per sqft, 54% below what three-beds in Al Reem 1 were fetching at the time (AED 591). 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. TH041's AED 116,000 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 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH041, Al Reem 1 in numbers

  • Sold once: by Emaar on 7 December 2011 for AED 448,888, or AED 274 per sqft.
  • Rented since January 2012 on 11 Ejari contracts, from AED 80,000 to AED 116,000 a year.
  • At AED 116,000 a year the gross yield on the 2011 price is 25.8%, 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 1 April 2024.

Questions about TH041, Al Reem 1

What did villa TH041 last sell for?

AED 448,888 on 7 December 2011, sold by the developer: AED 274 per sqft for 1,635 sqft. It is the only registered sale of the villa.

What is the rent for villa TH041?

AED 116,000 a year on the contract signed on 1 April 2024. The previous contract, from May 2023, was AED 110,000; the villa has been rented since January 2012.

How big is villa TH041?

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

What is villa TH041 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 TH041, Al Reem 1

Starts from the last sale price (AED 449K, 7 December 2011). 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 →