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5-bed · 2,728 sqftAl Reem 1, Arabian Ranches · completed 2007

TH062, Al Reem 1

Sold prices and rental history: sold twice, last in June 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH062 · DLD and Ejari recordsUpdated 12 June 2018
Last soldAED 1.09M12 June 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH062, Al Reem 1

What is TH062 worth today?

Last sold for AED 1,087,500 in 2018

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12 Jun 2018SoldReady
AED 1,087,500AED 398 per sqft
19 Apr 2011Sold by developerReady
AED 2,450,000AED 897 per sqft

Source: Dubai Land Department. Updated 12 June 2018.

Key facts

Type
5-bed villa
Size
2,728 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 1.09M · June 2018
Community
Al Reem 1

About TH062, Al Reem 1

TH062 is a five-bedroom villa of 2,728 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 12 June 2018 for AED 1,087,500, or AED 398 per sqft, 55% below the AED 877 five-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH062 over time

Sales
Villa TH062, each saleTypical five-bed in Al Reem 1
2M2007201220172022Typical 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, April 2011: AED 2,450,000 (AED 897 per sqft)Sold, June 2018: AED 1,087,500 (AED 398 per sqft)

TH062 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH062, 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 222,421

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 TH062 sits

All 120 5-beds →

TH062 last sold in June 2018 at AED 398 per sqft, 55% below what five-beds in Al Reem 1 were fetching at the time (AED 877).

Recent 5-bed salesVilla no.Price (AED)Summary
16 Jun 20233,300,000
9 Jun 20233,900,000
6 Jun 20233,350,000
6 Jun 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH062, Al Reem 1 in numbers

  • Sold twice: first on 19 April 2011 for AED 2,450,000, last on 12 June 2018 for AED 1,087,500 (AED 398 per sqft).

Source: Dubai Land Department. Updated 12 June 2018.

Questions about TH062, Al Reem 1

What did villa TH062 last sell for?

AED 1,087,500 on 12 June 2018: AED 398 per sqft for 2,728 sqft. The villa has 2 registered sales; the first was AED 2,450,000 in April 2011.

How big is villa TH062?

2,728 sqft (253.4 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH062 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 TH062, Al Reem 1

Starts from the last sale price (AED 1.09M, 12 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,087,500
Deposit, UAE resident (20%)
AED 217,500
Deposit, non-resident (40%)
AED 435,000
Monthly over 25 years at 3.7%
AED 4,449

Plus AED 50,685 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →