5-bed · 2,524 sqftAl Reem 1, Arabian Ranches · completed 2007

TH073, Al Reem 1

Sold prices and rental history: sold 3 times, last in January 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH073 · DLD and Ejari recordsUpdated 12 January 2022
Last soldAED 2.48M12 January 2022
Current rentAED 125K /yr23 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH073, Al Reem 1

What is TH073 worth today?

Last sold for AED 2,475,000 in 2022

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12 Jan 2022SoldReady
AED 2,475,000AED 980 per sqft
23 Apr 2021RentedRenewal
AED 125,000/yr12 months · AED 50 per sqft
23 Apr 2020RentedRenewal
AED 125,000/yr12 months · AED 50 per sqft
23 Feb 2019RentedRenewal
AED 166,666/yr12 months · AED 66 per sqft
23 Feb 2018RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
5 Jan 2017RentedRenewal
AED 165,000/yr12 months · AED 65 per sqft
5 Jan 2016RentedNew contract
AED 165,000/yr12 months · AED 65 per sqft
1 Oct 2015SoldReady
AED 2,385,000AED 944 per sqft

Source: Dubai Land Department. Updated 12 January 2022.

Key facts

Type
5-bed villa
Size
2,524 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 2.48M · January 2022
Community
Al Reem 1

About TH073, Al Reem 1

TH073 is a five-bedroom villa of 2,524 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 12 January 2022 for AED 2,475,000, or AED 980 per sqft, 5% above the AED 930 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 23 April 2021, is AED 125,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH073 over time

Sales
Villa TH073, each saleTypical five-bed in Al Reem 1
02M4M2007201220172022Typical 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, December 2007: AED 416,944 (AED 165 per sqft)Sold, October 2015: AED 2,385,000 (AED 944 per sqft)Sold, January 2022: AED 2,475,000 (AED 980 per sqft)

TH073 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH073, 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, September 2012: AED 138,000 a yearNew contract, September 2013: AED 138,000 a yearNew contract, January 2016: AED 165,000 a yearRenewal, January 2017: AED 165,000 a yearNew contract, February 2018: AED 140,000 a yearRenewal, February 2019: AED 166,666 a yearRenewal, April 2020: AED 125,000 a yearRenewal, April 2021: AED 125,000 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 TH073 sits

All 120 5-beds →

TH073 last sold in January 2022 at AED 980 per sqft, 5% above what five-beds in Al Reem 1 were fetching at the time (AED 930). TH073's AED 125,000 is at the bottom of that range.

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 →

TH073, Al Reem 1 in numbers

  • Sold 3 times: first on 11 December 2007 for AED 416,944, last on 12 January 2022 for AED 2,475,000 (AED 980 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 138,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2022 price is 5.1%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 12 January 2022.

Questions about TH073, Al Reem 1

What did villa TH073 last sell for?

AED 2,475,000 on 12 January 2022: AED 980 per sqft for 2,524 sqft. The villa has 3 registered sales; the first was AED 416,944 in December 2007.

What is the rent for villa TH073?

AED 125,000 a year on the contract renewed on 23 April 2021. The previous contract, from April 2020, was AED 125,000; the villa has been rented since September 2012.

How big is villa TH073?

2,524 sqft (234.5 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH073 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 TH073, Al Reem 1

Starts from the last sale price (AED 2.48M, 12 January 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,475,000
Deposit, UAE resident (20%)
AED 495,000
Deposit, non-resident (40%)
AED 990,000
Monthly over 25 years at 3.7%
AED 10,126

Plus AED 108,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →