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4-bed · 2,272 sqftAl Reem 1, Arabian Ranches · completed 2007

TH098, Al Reem 1

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH098 · DLD and Ejari recordsUpdated 21 December 2020
Last soldAED 1.75M21 December 2020
Current rentAED 129K /yr29 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH098, Al Reem 1

What is TH098 worth today?

Last sold for AED 1,750,000 in 2020

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21 Dec 2020SoldReady
AED 1,750,000AED 770 per sqft
29 Jul 2019RentedRenewal
AED 129,443/yr15 months · AED 57 per sqft
29 Jul 2017RentedNew contract
AED 150,000/yr12 months · AED 66 per sqft
20 Aug 2016RentedNew contract
AED 170,000/yr12 months · AED 75 per sqft
21 Apr 2016RentedNew contract
AED 170,000/yr12 months · AED 75 per sqft
10 Mar 2015RentedNew contract
AED 185,000/yr12 months · AED 81 per sqft
10 Mar 2014RentedNew contract
AED 185,000/yr12 months · AED 81 per sqft
16 Feb 2014SoldReady
AED 3,250,000AED 1,430 per sqft

Source: Dubai Land Department. Updated 21 December 2020.

Key facts

Type
4-bed villa
Size
2,272 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 1.75M · December 2020
Community
Al Reem 1

About TH098, Al Reem 1

TH098 is a four-bedroom villa of 2,272 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 21 December 2020 for AED 1,750,000, or AED 770 per sqft, 25% above the AED 617 four-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 29 July 2019, is AED 129,443 a year: a gross yield of 7.4% on the 2020 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH098 over time

Sales
Villa TH098, each saleTypical four-bed in Al Reem 1
2M2007201220172022Typical sale price by year: 2007 AED 667,388; 2008 AED 1,051,000; 2009 AED 1,400,000; 2010 AED 1,062,500; 2011 AED 1,450,000; 2012 AED 1,795,000; 2013 AED 2,150,000; 2014 AED 2,637,500; 2015 AED 2,250,000; 2016 AED 2,300,000; 2017 AED 2,150,000; 2018 AED 1,800,000; 2019 AED 1,650,000; 2020 AED 1,430,000; 2021 AED 1,975,000; 2022 AED 2,325,000; 2023 AED 2,667,938Sold by developer, December 2007: AED 1,150,000 (AED 506 per sqft)Sold, February 2014: AED 3,250,000 (AED 1,430 per sqft)Sold, December 2020: AED 1,750,000 (AED 770 per sqft)

TH098 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH098, each contractTypical four-bed in Al Reem 1
100K150K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 135,000; 2013 AED 148,500; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 147,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 112,000; 2022 AED 135,000; 2023 AED 147,500; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 204,750New contract, March 2014: AED 185,000 a yearNew contract, March 2015: AED 185,000 a yearNew contract, April 2016: AED 170,000 a yearNew contract, August 2016: AED 170,000 a yearNew contract, July 2017: AED 150,000 a yearRenewal, July 2019: AED 129,443 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Al Reem 1, and where TH098 sits

All 176 4-beds →

TH098 last sold in December 2020 at AED 770 per sqft, 25% above what four-beds in Al Reem 1 were fetching at the time (AED 617). TH098's AED 129,443 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
23 Jun 20232,595,000
2 Jun 20232,850,000
31 May 20231,325,000
12 May 20232,900,000
0 4-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 →

TH098, Al Reem 1 in numbers

  • Sold 3 times: first on 12 December 2007 for AED 1,150,000, last on 21 December 2020 for AED 1,750,000 (AED 770 per sqft).
  • Rented since March 2014 on 6 Ejari contracts, from AED 185,000 to AED 129,443 a year.
  • At AED 129,443 a year the gross yield on the 2020 price is 7.4%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 21 December 2020.

Questions about TH098, Al Reem 1

What did villa TH098 last sell for?

AED 1,750,000 on 21 December 2020: AED 770 per sqft for 2,272 sqft. The villa has 3 registered sales; the first was AED 1,150,000 in December 2007.

What is the rent for villa TH098?

AED 129,443 a year on the contract renewed on 29 July 2019. The previous contract, from July 2017, was AED 150,000; the villa has been rented since March 2014.

How big is villa TH098?

2,272 sqft (211.1 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH098 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 TH098, Al Reem 1

Starts from the last sale price (AED 1.75M, 21 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,750,000
Deposit, UAE resident (20%)
AED 350,000
Deposit, non-resident (40%)
AED 700,000
Monthly over 25 years at 3.7%
AED 7,160

Plus AED 78,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →