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

TH047, Al Reem 1

Sold prices and rental history: sold 4 times, last in April 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH047 · DLD and Ejari recordsUpdated 15 April 2024
Last soldAED 2.28M15 April 2024
Current rentAED 105K /yr10 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH047, Al Reem 1

What is TH047 worth today?

Last sold for AED 2,275,000 in 2024

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15 Apr 2024SoldReady
AED 2,275,000AED 1,391 per sqft
10 Sep 2023RentedNew contract
AED 105,000/yr12 months · AED 64 per sqft
10 Sep 2022RentedRenewal
AED 100,000/yr12 months · AED 61 per sqft
10 Sep 2021RentedRenewal
AED 90,000/yr12 months · AED 55 per sqft
10 Sep 2020RentedRenewal
AED 75,000/yr12 months · AED 46 per sqft
10 Sep 2019RentedNew contract
AED 85,000/yr12 months · AED 52 per sqft
31 Aug 2018RentedNew contract
AED 100,000/yr12 months · AED 61 per sqft
10 Jul 2018SoldReady
AED 1,425,000AED 871 per sqft

Source: Dubai Land Department. Updated 15 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 2.28M · April 2024
Community
Al Reem 1

About TH047, Al Reem 1

TH047 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 15 April 2024 for AED 2,275,000, or AED 1,391 per sqft, in line with the AED 1,385 three-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 6 Ejari contracts. The current contract, signed on 10 September 2023, is AED 105,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 5,000 a year.

Sales and rents for TH047 over time

Sales
Villa TH047, 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, January 2013: AED 830,000 (AED 507 per sqft)Sold, October 2013: AED 1,835,000 (AED 1,122 per sqft)Sold, July 2018: AED 1,425,000 (AED 871 per sqft)Sold, April 2024: AED 2,275,000 (AED 1,391 per sqft)

TH047 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH047, 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, August 2018: AED 100,000 a yearNew contract, September 2019: AED 85,000 a yearRenewal, September 2020: AED 75,000 a yearRenewal, September 2021: AED 90,000 a yearRenewal, September 2022: AED 100,000 a yearNew contract, September 2023: AED 105,000 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 TH047 sits

All 157 3-beds →

TH047 last sold in April 2024 at AED 1,391 per sqft, in line with what three-beds in Al Reem 1 were fetching at the time (AED 1,385). 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. TH047's AED 105,000 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 →

TH047, Al Reem 1 in numbers

  • Sold 4 times: first on 16 January 2013 for AED 830,000, last on 15 April 2024 for AED 2,275,000 (AED 1,391 per sqft).
  • Rented since August 2018 on 6 Ejari contracts. The rent fell from AED 100,000 to AED 75,000 in 2020 and recovered to AED 105,000 by September 2023.
  • At AED 105,000 a year the gross yield on the 2024 price is 4.6%, 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 15 April 2024.

Questions about TH047, Al Reem 1

What did villa TH047 last sell for?

AED 2,275,000 on 15 April 2024: AED 1,391 per sqft for 1,635 sqft. The villa has 4 registered sales; the first was AED 830,000 in January 2013.

What is the rent for villa TH047?

AED 105,000 a year on the contract signed on 10 September 2023. The previous contract, from September 2022, was AED 100,000; the villa has been rented since August 2018.

How big is villa TH047?

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

What is villa TH047 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 TH047, Al Reem 1

Starts from the last sale price (AED 2.28M, 15 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,275,000
Deposit, UAE resident (20%)
AED 455,000
Deposit, non-resident (40%)
AED 910,000
Monthly over 25 years at 3.7%
AED 9,308

Plus AED 100,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →