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3-bed · 2,718 sqftAl Reem 1, Arabian Ranches · completed 2007

TH059, Al Reem 1

Sold prices and rental history: sold 3 times, last in January 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH059 · DLD and Ejari recordsUpdated 24 September 2023
Last soldAED 2.9M7 January 2013
Current rentAED 175K /yr24 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH059, Al Reem 1

What is TH059 worth today?

Last sold for AED 2,900,000 in 2013

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24 Sep 2023RentedRenewal
AED 175,000/yr12 months · AED 64 per sqft
24 Sep 2022RentedNew contract
AED 175,000/yr12 months · AED 64 per sqft
2 Oct 2021RentedNew contract
AED 140,000/yr12 months · AED 52 per sqft
25 Sep 2020RentedNew contract
AED 100,000/yr12 months · AED 37 per sqft
30 May 2019RentedRenewal
AED 131,000/yr12 months · AED 48 per sqft
30 May 2018RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
3 May 2017RentedRenewal
AED 175,000/yr12 months · AED 64 per sqft
21 Jan 2015RentedNew contract
AED 220,000/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 24 September 2023.

Key facts

Type
3-bed villa
Size
2,718 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 2.9M · January 2013
Community
Al Reem 1

About TH059, Al Reem 1

TH059 is a three-bedroom villa of 2,718 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 7 January 2013 for AED 2,900,000, or AED 1,066 per sqft, 32% above the AED 809 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 24 September 2023, is AED 175,000 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH059 over time

Sales
Villa TH059, 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, July 2009: AED 2,700,000 (AED 993 per sqft)Sold, July 2009: AED 1,900,000 (AED 699 per sqft)Sold, January 2013: AED 2,900,000 (AED 1,066 per sqft)

TH059 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH059, each contractTypical three-bed in Al Reem 1
100K200K2012201620202024Typical 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 2015: AED 220,000 a yearRenewal, May 2017: AED 175,000 a yearNew contract, May 2018: AED 145,000 a yearRenewal, May 2019: AED 131,000 a yearNew contract, September 2020: AED 100,000 a yearNew contract, October 2021: AED 140,000 a yearNew contract, September 2022: AED 175,000 a yearRenewal, September 2023: AED 175,000 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 TH059 sits

All 157 3-beds →

TH059 last sold in January 2013 at AED 1,066 per sqft, 32% above what three-beds in Al Reem 1 were fetching at the time (AED 809). 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. TH059's AED 175,000 is in the lower half 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 →

TH059, Al Reem 1 in numbers

  • Sold 3 times: first on 12 July 2009 for AED 1,900,000, last on 7 January 2013 for AED 2,900,000 (AED 1,066 per sqft).
  • Rented since January 2015 on 8 Ejari contracts. The rent fell from AED 220,000 to AED 100,000 in 2020 and recovered to AED 175,000 by September 2023.
  • At AED 175,000 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 8,400 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 24 September 2023.

Questions about TH059, Al Reem 1

What did villa TH059 last sell for?

AED 2,900,000 on 7 January 2013: AED 1,066 per sqft for 2,718 sqft. The villa has 3 registered sales; the first was AED 1,900,000 in July 2009.

What is the rent for villa TH059?

AED 175,000 a year on the contract renewed on 24 September 2023. The previous contract, from September 2022, was AED 175,000; the villa has been rented since January 2015.

How big is villa TH059?

2,718 sqft (252.5 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH059 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 TH059, Al Reem 1

Starts from the last sale price (AED 2.9M, 7 January 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →