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

TH045, Al Reem 1

Sold prices and rental history: sold twice, last in April 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH045 · DLD and Ejari recordsUpdated 10 April 2019
Last soldAED 1.2M10 April 2019
Current rentAED 120K /yr22 September 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH045, Al Reem 1

What is TH045 worth today?

Last sold for AED 1,200,000 in 2019

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10 Apr 2019SoldReady
AED 1,200,000AED 733 per sqft
22 Sep 2017RentedRenewal
AED 120,000/yr12 months · AED 73 per sqft
22 Sep 2016RentedRenewal
AED 128,000/yr12 months · AED 78 per sqft
22 Sep 2015RentedNew contract
AED 128,000/yr12 months · AED 78 per sqft
15 Sep 2012RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
19 Oct 2010Sold by developerReady
AED 224,444AED 137 per sqft

Source: Dubai Land Department. Updated 10 April 2019.

Key facts

Type
3-bed villa
Size
1,635 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,000 /yr
Last sold
AED 1.2M · April 2019
Community
Al Reem 1

About TH045, Al Reem 1

TH045 is a three-bedroom villa of 1,635 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 10 April 2019 for AED 1,200,000, or AED 733 per sqft, 10% below the AED 810 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 22 September 2017, is AED 120,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 5,000 a year.

Sales and rents for TH045 over time

Sales
Villa TH045, 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, October 2010: AED 224,444 (AED 137 per sqft)Sold, April 2019: AED 1,200,000 (AED 733 per sqft)

TH045 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH045, 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, September 2012: AED 85,000 a yearNew contract, September 2015: AED 128,000 a yearRenewal, September 2016: AED 128,000 a yearRenewal, September 2017: AED 120,000 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 TH045 sits

All 157 3-beds →

TH045 last sold in April 2019 at AED 733 per sqft, 10% below what three-beds in Al Reem 1 were fetching at the time (AED 810). 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. TH045's AED 120,000 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 →

TH045, Al Reem 1 in numbers

  • Sold twice: first on 19 October 2010 for AED 224,444, last on 10 April 2019 for AED 1,200,000 (AED 733 per sqft).
  • Rented since September 2012 on 4 Ejari contracts, from AED 85,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2019 price is 10.0%, 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 10 April 2019.

Questions about TH045, Al Reem 1

What did villa TH045 last sell for?

AED 1,200,000 on 10 April 2019: AED 733 per sqft for 1,635 sqft. The villa has 2 registered sales; the first was AED 224,444 in October 2010.

What is the rent for villa TH045?

AED 120,000 a year on the contract renewed on 22 September 2017. The previous contract, from September 2016, was AED 128,000; the villa has been rented since September 2012.

How big is villa TH045?

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

What is villa TH045 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 TH045, Al Reem 1

Starts from the last sale price (AED 1.2M, 10 April 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →