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3-bed · 2,557 sqftAl Reem 1, Arabian Ranches · completed 2007

TH070, Al Reem 1

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH070 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 3.6M28 May 2024
Current rentAED 160K /yr31 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH070, Al Reem 1

What is TH070 worth today?

Last sold for AED 3,600,000 in 2024

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28 May 2024SoldReady
AED 3,600,000AED 1,408 per sqft
31 Dec 2022RentedRenewal
AED 160,000/yr12 months · AED 63 per sqft
31 Dec 2021RentedRenewal
AED 130,000/yr12 months · AED 51 per sqft
31 Dec 2020RentedRenewal
AED 130,000/yr12 months · AED 51 per sqft
31 Dec 2017RentedRenewal
AED 150,000/yr12 months · AED 59 per sqft
31 Dec 2015RentedRenewal
AED 175,000/yr12 months · AED 68 per sqft
31 Dec 2012RentedNew contract
AED 160,000/yr12 months · AED 63 per sqft
1 Feb 2011SoldReady
AED 1,730,000AED 676 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
3-bed villa
Size
2,557 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,900 /yr
Last sold
AED 3.6M · May 2024
Community
Al Reem 1

About TH070, Al Reem 1

TH070 is a three-bedroom villa of 2,557 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 28 May 2024 for AED 3,600,000, or AED 1,408 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 2012 on 6 Ejari contracts. The current contract, renewed on 31 December 2022, is AED 160,000 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 7,900 a year.

Sales and rents for TH070 over time

Sales
Villa TH070, 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, September 2008: AED 4,080,000 (AED 1,595 per sqft)Sold, September 2008: AED 833,888 (AED 326 per sqft)Sold, February 2011: AED 1,730,000 (AED 676 per sqft)Sold, May 2024: AED 3,600,000 (AED 1,408 per sqft)

TH070 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH070, 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, December 2012: AED 160,000 a yearRenewal, December 2015: AED 175,000 a yearRenewal, December 2017: AED 150,000 a yearRenewal, December 2020: AED 130,000 a yearRenewal, December 2021: AED 130,000 a yearRenewal, December 2022: AED 160,000 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 TH070 sits

All 157 3-beds →

TH070 last sold in May 2024 at AED 1,408 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. TH070's AED 160,000 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 →

TH070, Al Reem 1 in numbers

  • Sold 4 times: first on 1 September 2008 for AED 833,888, last on 28 May 2024 for AED 3,600,000 (AED 1,408 per sqft).
  • Rented since December 2012 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 130,000 in 2021 and recovered to AED 160,000 by December 2022.
  • At AED 160,000 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 7,900 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 28 May 2024.

Questions about TH070, Al Reem 1

What did villa TH070 last sell for?

AED 3,600,000 on 28 May 2024: AED 1,408 per sqft for 2,557 sqft. The villa has 4 registered sales; the first was AED 833,888 in September 2008.

What is the rent for villa TH070?

AED 160,000 a year on the contract renewed on 31 December 2022. The previous contract, from December 2021, was AED 130,000; the villa has been rented since December 2012.

How big is villa TH070?

2,557 sqft (237.6 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH070 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 TH070, Al Reem 1

Starts from the last sale price (AED 3.6M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →