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

TH042, Al Reem 1

Sold prices and rental history: sold once, by the developer in August 2010, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH042 · DLD and Ejari recordsUpdated 15 August 2018
Last soldAED 1.8M9 August 2010
Current rentAED 60K /yr15 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH042, Al Reem 1

What is TH042 worth today?

Last sold for AED 1,800,000 in 2010

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15 Aug 2018RentedNew contract
AED 60,000/yr12 months · AED 34 per sqft
7 Aug 2013RentedNew contract
AED 125,000/yr12 months · AED 71 per sqft
10 Aug 2012RentedNew contract
AED 100,000/yr12 months · AED 57 per sqft
9 Aug 2010Sold by developerReady
AED 1,800,000AED 1,022 per sqft

Source: Dubai Land Department. Updated 15 August 2018.

Key facts

Type
3-bed villa
Size
1,761 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,400 /yr
Last sold
AED 1.8M · August 2010
Community
Al Reem 1

About TH042, Al Reem 1

TH042 is a three-bedroom villa of 1,761 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 9 August 2010 for AED 1,800,000, or AED 1,022 per sqft, 139% above the AED 428 three-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 15 August 2018, is AED 60,000 a year: a gross yield of 3.3% on the 2010 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH042 over time

Sales
Villa TH042, 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 2010: AED 1,800,000 (AED 1,022 per sqft)

TH042 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH042, each contractTypical three-bed in Al Reem 1
50K100K150K2012201620202024Typical 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, August 2012: AED 100,000 a yearNew contract, August 2013: AED 125,000 a yearNew contract, August 2018: AED 60,000 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 TH042 sits

All 157 3-beds →

TH042 last sold in August 2010 at AED 1,022 per sqft, 139% above what three-beds in Al Reem 1 were fetching at the time (AED 428). 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. TH042's AED 60,000 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH042, Al Reem 1 in numbers

  • Sold once: by Emaar on 9 August 2010 for AED 1,800,000, or AED 1,022 per sqft.
  • Rented since August 2012 on 3 Ejari contracts, from AED 100,000 to AED 60,000 a year.
  • At AED 60,000 a year the gross yield on the 2010 price is 3.3%, before a service charge of about AED 5,400 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 15 August 2018.

Questions about TH042, Al Reem 1

What did villa TH042 last sell for?

AED 1,800,000 on 9 August 2010, sold by the developer: AED 1,022 per sqft for 1,761 sqft. It is the only registered sale of the villa.

What is the rent for villa TH042?

AED 60,000 a year on the contract signed on 15 August 2018. The previous contract, from August 2013, was AED 125,000; the villa has been rented since August 2012.

How big is villa TH042?

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

What is villa TH042 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 TH042, Al Reem 1

Starts from the last sale price (AED 1.8M, 9 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →