5-bed · 2,527 sqftAl Reem 1, Arabian Ranches · completed 2007

TH077, Al Reem 1

Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH077 · DLD and Ejari recordsUpdated 13 October 2020
Last soldAED 1.68M13 October 2020
Current rentAED 135K /yr7 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH077, Al Reem 1

What is TH077 worth today?

Last sold for AED 1,675,000 in 2020

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13 Oct 2020SoldReady
AED 1,675,000AED 662 per sqft
7 Mar 2020RentedRenewal
AED 135,370/yr4 months · AED 54 per sqft
7 Mar 2019RentedRenewal
AED 135,000/yr12 months · AED 53 per sqft
7 Mar 2017RentedRenewal
AED 160,000/yr12 months · AED 63 per sqft
23 Nov 2015RentedRenewal
AED 180,677/yr2 months · AED 72 per sqft
23 Nov 2014RentedRenewal
AED 164,450/yr12 months · AED 65 per sqft
23 Nov 2012RentedNew contract
AED 130,000/yr12 months · AED 51 per sqft
30 Jul 2008SoldReady
AED 1,850,000AED 732 per sqft

Source: Dubai Land Department. Updated 13 October 2020.

Key facts

Type
5-bed villa
Size
2,527 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 1.68M · October 2020
Community
Al Reem 1

About TH077, Al Reem 1

TH077 is a five-bedroom villa of 2,527 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 13 October 2020 for AED 1,675,000, or AED 662 per sqft, 4% below the AED 693 five-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 7 March 2020, is AED 135,370 a year: a gross yield of 8.1% on the 2020 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH077 over time

Sales
Villa TH077, 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, July 2008: AED 1,850,000 (AED 732 per sqft)Sold by developer, July 2008: AED 1,100,000 (AED 435 per sqft)Sold, October 2020: AED 1,675,000 (AED 662 per sqft)

TH077 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH077, 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, November 2012: AED 130,000 a yearRenewal, November 2014: AED 164,450 a yearRenewal, November 2015: AED 180,677 a yearRenewal, March 2017: AED 160,000 a yearRenewal, March 2019: AED 135,000 a yearRenewal, March 2020: AED 135,370 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 TH077 sits

All 120 5-beds →

TH077 last sold in October 2020 at AED 662 per sqft, 4% below what five-beds in Al Reem 1 were fetching at the time (AED 693). TH077's AED 135,370 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 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH077, Al Reem 1 in numbers

  • Sold 3 times: first on 13 July 2008 for AED 1,100,000, last on 13 October 2020 for AED 1,675,000 (AED 662 per sqft).
  • Rented since November 2012 on 6 Ejari contracts, from AED 130,000 to AED 135,370 a year.
  • At AED 135,370 a year the gross yield on the 2020 price is 8.1%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 13 October 2020.

Questions about TH077, Al Reem 1

What did villa TH077 last sell for?

AED 1,675,000 on 13 October 2020: AED 662 per sqft for 2,527 sqft. The villa has 3 registered sales; the first was AED 1,100,000 in July 2008.

What is the rent for villa TH077?

AED 135,370 a year on the contract renewed on 7 March 2020. The previous contract, from March 2019, was AED 135,000; the villa has been rented since November 2012.

How big is villa TH077?

2,527 sqft (234.8 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH077 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 TH077, Al Reem 1

Starts from the last sale price (AED 1.68M, 13 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

Plus AED 75,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →