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

TH061, Al Reem 1

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH061 · DLD and Ejari recordsUpdated 9 June 2023
Last soldAED 3.9M9 June 2023
Current rentAED 141K /yr1 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH061, Al Reem 1

What is TH061 worth today?

Last sold for AED 3,900,000 in 2023

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9 Jun 2023SoldReady
AED 3,900,000AED 1,434 per sqft
1 May 2022RentedRenewal
AED 141,000/yr9 months · AED 52 per sqft
1 May 2021RentedRenewal
AED 141,000/yr12 months · AED 52 per sqft
1 May 2020RentedNew contract
AED 145,000/yr12 months · AED 53 per sqft
1 Feb 2019RentedRenewal
AED 175,000/yr12 months · AED 64 per sqft
1 Feb 2018RentedNew contract
AED 175,000/yr12 months · AED 64 per sqft
1 May 2016RentedNew contract
AED 210,000/yr12 months · AED 77 per sqft
1 Jun 2015RentedNew contract
AED 215,000/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 9 June 2023.

Key facts

Type
5-bed villa
Size
2,718 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 3.9M · June 2023
Community
Al Reem 1

About TH061, Al Reem 1

TH061 is a five-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 9 June 2023 for AED 3,900,000, or AED 1,434 per sqft, 21% above the AED 1,182 five-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 May 2022, is AED 141,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH061 over time

Sales
Villa TH061, each saleTypical five-bed in Al Reem 1
2M4M2007201220172022Typical sale price by year: 2007 AED 785,888; 2008 AED 1,197,944; 2009 AED 907,888; 2010 AED 1,287,500; 2011 AED 1,475,000; 2012 AED 1,300,000; 2013 AED 2,980,000; 2014 AED 3,500,000; 2015 AED 2,700,000; 2016 AED 2,750,000; 2017 AED 2,900,000; 2018 AED 2,150,000; 2019 AED 1,962,500; 2020 AED 1,900,000; 2021 AED 2,450,000; 2022 AED 2,850,000; 2023 AED 3,400,000Sold by developer, May 2008: AED 1,345,000 (AED 494 per sqft)Sold, June 2023: AED 3,900,000 (AED 1,434 per sqft)

TH061 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH061, each contractTypical five-bed in Al Reem 1
150K200K2012201620202024Typical rent by year: 2012 AED 156,250; 2013 AED 170,000; 2014 AED 185,000; 2015 AED 194,890; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 157,000; 2019 AED 146,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 147,500; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 222,421New contract, June 2015: AED 215,000 a yearNew contract, May 2016: AED 210,000 a yearNew contract, February 2018: AED 175,000 a yearRenewal, February 2019: AED 175,000 a yearNew contract, May 2020: AED 145,000 a yearRenewal, May 2021: AED 141,000 a yearRenewal, May 2022: AED 141,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Al Reem 1, and where TH061 sits

All 120 5-beds →

TH061 last sold in June 2023 at AED 1,434 per sqft, 21% above what five-beds in Al Reem 1 were fetching at the time (AED 1,182). TH061's AED 141,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
16 Jun 20233,300,000
6 Jun 20233,350,000
6 Jun 20233,650,000
17 Feb 20233,650,000
0 5-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 →

TH061, Al Reem 1 in numbers

  • Sold twice: first on 12 May 2008 for AED 1,345,000, last on 9 June 2023 for AED 3,900,000 (AED 1,434 per sqft).
  • Rented since June 2015 on 7 Ejari contracts, from AED 215,000 to AED 141,000 a year.
  • At AED 141,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 8,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 9 June 2023.

Questions about TH061, Al Reem 1

What did villa TH061 last sell for?

AED 3,900,000 on 9 June 2023: AED 1,434 per sqft for 2,718 sqft. The villa has 2 registered sales; the first was AED 1,345,000 in May 2008.

What is the rent for villa TH061?

AED 141,000 a year on the contract renewed on 1 May 2022. The previous contract, from May 2021, was AED 141,000; the villa has been rented since June 2015.

How big is villa TH061?

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

What is villa TH061 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH061, Al Reem 1

Starts from the last sale price (AED 3.9M, 9 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

Plus AED 168,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →