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5-bed · 2,721 sqftAl Reem 1, Arabian Ranches · completed 2007

TH079, Al Reem 1

Sold prices and rental history: sold twice, last in May 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH079 · DLD and Ejari recordsUpdated 10 May 2015
Last soldAED 2.93M10 May 2015
Current rentAED 185K /yr20 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH079, Al Reem 1

What is TH079 worth today?

Last sold for AED 2,927,500 in 2015

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10 May 2015SoldReady
AED 2,927,500AED 1,075 per sqft
20 Jan 2014RentedNew contract
AED 185,000/yr12 months · AED 68 per sqft
13 Jan 2013RentedNew contract
AED 172,500/yr12 months · AED 63 per sqft
3 Oct 2010Sold by developerReady
AED 1,875,000AED 689 per sqft

Source: Dubai Land Department. Updated 10 May 2015.

Key facts

Type
5-bed villa
Size
2,721 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 2.93M · May 2015
Community
Al Reem 1

About TH079, Al Reem 1

TH079 is a five-bedroom villa of 2,721 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 10 May 2015 for AED 2,927,500, or AED 1,075 per sqft, 16% below the AED 1,282 five-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 20 January 2014, is AED 185,000 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH079 over time

Sales
Villa TH079, 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, October 2010: AED 1,875,000 (AED 689 per sqft)Sold, May 2015: AED 2,927,500 (AED 1,075 per sqft)

TH079 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH079, 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, January 2013: AED 172,500 a yearNew contract, January 2014: AED 185,000 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 TH079 sits

All 120 5-beds →

TH079 last sold in May 2015 at AED 1,075 per sqft, 16% below what five-beds in Al Reem 1 were fetching at the time (AED 1,282). TH079's AED 185,000 is in the lower half 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 →

TH079, Al Reem 1 in numbers

  • Sold twice: first on 3 October 2010 for AED 1,875,000, last on 10 May 2015 for AED 2,927,500 (AED 1,075 per sqft).
  • Rented since January 2013 on 2 Ejari contracts, from AED 172,500 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2015 price is 6.3%, before a service charge of about AED 8,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 10 May 2015.

Questions about TH079, Al Reem 1

What did villa TH079 last sell for?

AED 2,927,500 on 10 May 2015: AED 1,075 per sqft for 2,721 sqft. The villa has 2 registered sales; the first was AED 1,875,000 in October 2010.

What is the rent for villa TH079?

AED 185,000 a year on the contract signed on 20 January 2014. The previous contract, from January 2013, was AED 172,500.

How big is villa TH079?

2,721 sqft (252.8 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH079 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 TH079, Al Reem 1

Starts from the last sale price (AED 2.93M, 10 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,927,500
Deposit, UAE resident (20%)
AED 585,500
Deposit, non-resident (40%)
AED 1,171,000
Monthly over 25 years at 3.7%
AED 11,977

Plus AED 127,965 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →