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3-bed · 2,475 sqftAl Reem 1, Arabian Ranches · completed 2007

TH148, Al Reem 1

Sold prices and rental history: sold 3 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH148 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 3.45M10 July 2024
Current rentAED 126K /yr20 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH148, Al Reem 1

What is TH148 worth today?

Last sold for AED 3,450,000 in 2024

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10 Jul 2024SoldReady
AED 3,450,000AED 1,393 per sqft
20 Apr 2023RentedRenewal
AED 126,290/yr11 months · AED 51 per sqft
20 Apr 2022RentedRenewal
AED 126,500/yr12 months · AED 51 per sqft
20 Apr 2021RentedRenewal
AED 110,000/yr12 months · AED 44 per sqft
20 Apr 2019RentedNew contract
AED 115,000/yr12 months · AED 46 per sqft
1 Jul 2018RentedNew contract
AED 135,000/yr12 months · AED 55 per sqft
22 Jun 2017RentedNew contract
AED 131,707/yr12 months · AED 53 per sqft
25 Jun 2016RentedNew contract
AED 155,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
3-bed villa
Size
2,475 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,600 /yr
Last sold
AED 3.45M · July 2024
Community
Al Reem 1

About TH148, Al Reem 1

TH148 is a three-bedroom villa of 2,475 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 10 July 2024 for AED 3,450,000, or AED 1,393 per sqft, in line with the AED 1,404 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 20 April 2023, is AED 126,290 a year: a gross yield of 3.7% on the 2024 price, before the service charge of about AED 7,600 a year.

Sales and rents for TH148 over time

Sales
Villa TH148, 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, March 2008: AED 627,888 (AED 253 per sqft)Sold, September 2012: AED 1,950,000 (AED 787 per sqft)Sold, July 2024: AED 3,450,000 (AED 1,393 per sqft)

TH148 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH148, 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, September 2012: AED 145,000 a yearNew contract, September 2013: AED 150,000 a yearNew contract, April 2015: AED 175,000 a yearNew contract, June 2016: AED 155,000 a yearNew contract, June 2017: AED 131,707 a yearNew contract, July 2018: AED 135,000 a yearNew contract, April 2019: AED 115,000 a yearRenewal, April 2021: AED 110,000 a yearRenewal, April 2022: AED 126,500 a yearRenewal, April 2023: AED 126,290 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 TH148 sits

All 157 3-beds →

TH148 last sold in July 2024 at AED 1,393 per sqft, in line with what three-beds in Al Reem 1 were fetching at the time (AED 1,404). 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. TH148's AED 126,290 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH148, Al Reem 1 in numbers

  • Sold 3 times: first on 4 March 2008 for AED 627,888, last on 10 July 2024 for AED 3,450,000 (AED 1,393 per sqft).
  • Rented since September 2012 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 110,000 in 2021 and recovered to AED 126,290 by April 2023.
  • At AED 126,290 a year the gross yield on the 2024 price is 3.7%, before a service charge of about AED 7,600 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 10 July 2024.

Questions about TH148, Al Reem 1

What did villa TH148 last sell for?

AED 3,450,000 on 10 July 2024: AED 1,393 per sqft for 2,475 sqft. The villa has 3 registered sales; the first was AED 627,888 in March 2008.

What is the rent for villa TH148?

AED 126,290 a year on the contract renewed on 20 April 2023. The previous contract, from April 2022, was AED 126,500; the villa has been rented since September 2012.

How big is villa TH148?

2,475 sqft (229.9 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH148 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 TH148, Al Reem 1

Starts from the last sale price (AED 3.45M, 10 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

Plus AED 149,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →