2-bed · 1,749 sqftAl Reem 1, Arabian Ranches · completed 2007

TH113, Al Reem 1

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH113 · DLD and Ejari recordsUpdated 14 May 2024
Last soldAED 2.9M14 May 2024
Current rentAED 120K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH113, Al Reem 1

What is TH113 worth today?

Last sold for AED 2,900,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 May 2024SoldReady
AED 2,900,000AED 1,658 per sqft
1 Dec 2022RentedRenewal
AED 120,000/yr12 months · AED 69 per sqft
1 Dec 2021RentedNew contract
AED 115,000/yr12 months · AED 66 per sqft
25 Oct 2020RentedRenewal
AED 82,500/yr12 months · AED 47 per sqft
25 Oct 2019RentedRenewal
AED 95,000/yr12 months · AED 54 per sqft
25 Oct 2018RentedNew contract
AED 105,000/yr12 months · AED 60 per sqft
18 Nov 2017RentedNew contract
AED 120,000/yr12 months · AED 69 per sqft
2 Feb 2017RentedNew contract
AED 132,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 14 May 2024.

Key facts

Type
2-bed villa
Size
1,749 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,400 /yr
Last sold
AED 2.9M · May 2024
Community
Al Reem 1

About TH113, Al Reem 1

TH113 is a two-bedroom villa of 1,749 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 14 May 2024 for AED 2,900,000, or AED 1,658 per sqft, 23% above the AED 1,353 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 120,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH113 over time

Sales
Villa TH113, each saleTypical two-bed in Al Reem 1
02M2007201220172022Typical sale price by year: 2007 AED 343,972; 2008 AED 645,444; 2009 AED 448,888; 2011 AED 739,444; 2014 AED 2,087,500; 2016 AED 1,825,000; 2018 AED 1,600,000; 2022 AED 1,575,000; 2023 AED 2,150,000; 2024 AED 2,825,000; 2025 AED 3,330,000Sold by developer, November 2013: AED 570,888 (AED 326 per sqft)Sold, May 2016: AED 2,000,000 (AED 1,143 per sqft)Sold, May 2024: AED 2,900,000 (AED 1,658 per sqft)

TH113 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH113, each contractTypical two-bed in Al Reem 1
100K150K2012201620202024Typical rent by year: 2012 AED 88,200; 2013 AED 95,000; 2014 AED 134,000; 2015 AED 130,000; 2016 AED 135,000; 2017 AED 122,500; 2018 AED 107,500; 2019 AED 90,000; 2020 AED 82,500; 2021 AED 88,500; 2022 AED 105,000; 2023 AED 130,000; 2024 AED 140,000; 2025 AED 175,000New contract, October 2013: AED 80,000 a yearNew contract, October 2014: AED 96,000 a yearNew contract, May 2016: AED 135,000 a yearNew contract, February 2017: AED 132,000 a yearNew contract, November 2017: AED 120,000 a yearNew contract, October 2018: AED 105,000 a yearRenewal, October 2019: AED 95,000 a yearRenewal, October 2020: AED 82,500 a yearNew contract, December 2021: AED 115,000 a yearRenewal, December 2022: AED 120,000 a year

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

2-beds in Al Reem 1, and where TH113 sits

All 20 2-beds →

TH113 last sold in May 2024 at AED 1,658 per sqft, 23% above what two-beds in Al Reem 1 were fetching at the time (AED 1,353). Over the last 12 months two-beds sold for AED 3,750,000, around AED 2,144 per sqft, and rent for AED 155,000 to 175,000 a year.

Recent 2-bed salesVilla no.Price (AED)Summary
18 Dec 20253,750,000
30 Oct 20253,550,000
29 Oct 20253,330,000
23 Oct 20254,400,000
1 2-bed sale 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 →

TH113, Al Reem 1 in numbers

  • Sold 3 times: first on 21 November 2013 for AED 570,888, last on 14 May 2024 for AED 2,900,000 (AED 1,658 per sqft).
  • Rented since October 2013 on 10 Ejari contracts, from AED 80,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 5,400 a year (AED 3.08 per sqft).
  • Two-beds in Al Reem 1 sold for AED 3,750,000–3,750,000 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 14 May 2024.

Questions about TH113, Al Reem 1

What did villa TH113 last sell for?

AED 2,900,000 on 14 May 2024: AED 1,658 per sqft for 1,749 sqft. The villa has 3 registered sales; the first was AED 570,888 in November 2013.

What is the rent for villa TH113?

AED 120,000 a year on the contract renewed on 1 December 2022. The previous contract, from December 2021, was AED 115,000; the villa has been rented since October 2013.

How big is villa TH113?

1,749 sqft (162.5 sqm): a two-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH113 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Reem 1 sold for AED 3,750,000 to 3,750,000 in the last 12 months, around AED 2,144 per sqft.

Selling TH113? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH113, Al Reem 1

Starts from the last sale price (AED 2.9M, 14 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →