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3-bed · 1,761 sqftAl Reem 1, Arabian Ranches · completed 2007

TH122, Al Reem 1

Sold prices and rental history: sold once, by the developer in October 2007, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH122 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 245K30 October 2007
Current rentAED 135K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH122, Al Reem 1

What is TH122 worth today?

Last sold for AED 245,444 in 2007

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1 Oct 2024RentedRenewal
AED 135,000/yr12 months · AED 77 per sqft
1 Oct 2023RentedNew contract
AED 120,000/yr12 months · AED 68 per sqft
1 Oct 2022RentedRenewal
AED 110,250/yr12 months · AED 63 per sqft
11 Jun 2018RentedNew contract
AED 115,000/yr12 months · AED 65 per sqft
1 Jul 2016RentedNew contract
AED 145,000/yr12 months · AED 82 per sqft
30 Oct 2007Sold by developerReady
AED 245,444AED 139 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
3-bed villa
Size
1,761 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,400 /yr
Last sold
AED 245K · October 2007
Community
Al Reem 1

About TH122, Al Reem 1

TH122 is a three-bedroom villa of 1,761 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 30 October 2007 for AED 245,444, or AED 139 per sqft, 52% below the AED 292 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 5 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 135,000 a year: a gross yield of 55.0% on the 2007 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH122 over time

Sales
Villa TH122, each saleTypical three-bed in Al Reem 1
02M4M20072012201720222027Typical sale price by year: 2007 AED 680,194; 2008 AED 1,195,000; 2009 AED 1,050,000; 2010 AED 869,944; 2011 AED 1,050,000; 2012 AED 1,600,000; 2013 AED 2,375,000; 2014 AED 2,525,000; 2015 AED 2,412,500; 2016 AED 2,887,500; 2017 AED 2,000,000; 2018 AED 1,710,000; 2019 AED 1,575,000; 2020 AED 1,450,000; 2021 AED 2,122,500; 2022 AED 2,355,000; 2023 AED 3,400,000; 2024 AED 3,830,000; 2025 AED 4,800,000; 2026 AED 4,825,000Sold by developer, October 2007: AED 245,444 (AED 139 per sqft)

TH122 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH122, each contractTypical three-bed in Al Reem 1
100K150K2012201620202024Typical rent by year: 2012 AED 127,500; 2013 AED 147,500; 2014 AED 163,544; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 143,573; 2018 AED 135,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 139,575; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 168,438New contract, July 2016: AED 145,000 a yearNew contract, June 2018: AED 115,000 a yearRenewal, October 2022: AED 110,250 a yearNew contract, October 2023: AED 120,000 a yearRenewal, October 2024: AED 135,000 a year

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

3-beds in Al Reem 1, and where TH122 sits

All 157 3-beds →

TH122 last sold in October 2007 at AED 139 per sqft, 52% below what three-beds in Al Reem 1 were fetching at the time (AED 292). Over the last 12 months three-beds sold for AED 4,100,000 to 7,100,000, around AED 1,961 per sqft, and rent for AED 130,000 to 228,526 a year. TH122's AED 135,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
5 Feb 20264,550,000
2 Feb 20267,100,000
22 Jan 20264,750,000
21 Jan 20264,500,000
13 3-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 →

TH122, Al Reem 1 in numbers

  • Sold once: by Emaar on 30 October 2007 for AED 245,444, or AED 139 per sqft.
  • Rented since July 2016 on 5 Ejari contracts. The rent fell from AED 145,000 to AED 110,250 in 2022 and recovered to AED 135,000 by October 2024.
  • At AED 135,000 a year the gross yield on the 2007 price is 55.0%, before a service charge of about AED 5,400 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 1 sold for AED 4,100,000–7,100,000 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 1 October 2024.

Questions about TH122, Al Reem 1

What did villa TH122 last sell for?

AED 245,444 on 30 October 2007, sold by the developer: AED 139 per sqft for 1,761 sqft. It is the only registered sale of the villa.

What is the rent for villa TH122?

AED 135,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 120,000; the villa has been rented since July 2016.

How big is villa TH122?

1,761 sqft (163.6 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH122 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 1 sold for AED 4,100,000 to 7,100,000 in the last 12 months, around AED 1,961 per sqft.

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Mortgage on TH122, Al Reem 1

Starts from the last sale price (AED 245K, 30 October 2007). Switch to today's estimate once you have unlocked it.
Price
AED 245,444
Deposit, UAE resident (20%)
AED 49,089
Deposit, non-resident (40%)
AED 98,178
Monthly over 25 years at 3.7%
AED 1,004

Plus AED 13,219 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →