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

TH123, Al Reem 1

Sold prices and rental history: sold 5 times, last in August 2020, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH123 · DLD and Ejari recordsUpdated 19 August 2020
Last soldAED 1.4M19 August 2020
Current rentAED 125K /yr1 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH123, Al Reem 1

What is TH123 worth today?

Last sold for AED 1,400,000 in 2020

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19 Aug 2020SoldReady
AED 1,400,000AED 800 per sqft
6 Mar 2017SoldReady
AED 1,900,000AED 1,086 per sqft
1 Dec 2016RentedNew contract
AED 125,000/yr12 months · AED 71 per sqft
1 Sep 2014RentedNew contract
AED 150,000/yr12 months · AED 86 per sqft
9 Jan 2014RentedNew contract
AED 150,000/yr12 months · AED 86 per sqft
31 Oct 2013SoldReady
AED 2,000,000AED 1,143 per sqft
14 May 2008Sold by developerReady
AED 1,400,000AED 800 per sqft
14 May 2008SoldReady
AED 1,025,000AED 586 per sqft

Source: Dubai Land Department. Updated 19 August 2020.

Key facts

Type
3-bed villa
Size
1,749 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,400 /yr
Last sold
AED 1.4M · August 2020
Community
Al Reem 1

About TH123, Al Reem 1

TH123 is a three-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 19 August 2020 for AED 1,400,000, or AED 800 per sqft, 15% above the AED 698 three-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 1 December 2016, is AED 125,000 a year: a gross yield of 8.9% on the 2020 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH123 over time

Sales
Villa TH123, 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, May 2008: AED 1,400,000 (AED 800 per sqft)Sold, May 2008: AED 1,025,000 (AED 586 per sqft)Sold, October 2013: AED 2,000,000 (AED 1,143 per sqft)Sold, March 2017: AED 1,900,000 (AED 1,086 per sqft)Sold, August 2020: AED 1,400,000 (AED 800 per sqft)

TH123 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH123, 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, January 2014: AED 150,000 a yearNew contract, September 2014: AED 150,000 a yearNew contract, December 2016: AED 125,000 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 TH123 sits

All 157 3-beds →

TH123 last sold in August 2020 at AED 800 per sqft, 15% above what three-beds in Al Reem 1 were fetching at the time (AED 698). 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. TH123's AED 125,000 is at the bottom 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 →

TH123, Al Reem 1 in numbers

  • Sold 5 times: first on 14 May 2008 for AED 1,025,000, last on 19 August 2020 for AED 1,400,000 (AED 800 per sqft).
  • Rented since January 2014 on 3 Ejari contracts, from AED 150,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2020 price is 8.9%, 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 19 August 2020.

Questions about TH123, Al Reem 1

What did villa TH123 last sell for?

AED 1,400,000 on 19 August 2020: AED 800 per sqft for 1,749 sqft. The villa has 5 registered sales; the first was AED 1,025,000 in May 2008.

What is the rent for villa TH123?

AED 125,000 a year on the contract signed on 1 December 2016. The previous contract, from September 2014, was AED 150,000; the villa has been rented since January 2014.

How big is villa TH123?

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

What is villa TH123 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 TH123, Al Reem 1

Starts from the last sale price (AED 1.4M, 19 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,400,000
Deposit, UAE resident (20%)
AED 280,000
Deposit, non-resident (40%)
AED 560,000
Monthly over 25 years at 3.7%
AED 5,728

Plus AED 63,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →