4-bed · 2,287 sqftAl Reem 1, Arabian Ranches · completed 2007

TH164, Al Reem 1

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH164 · DLD and Ejari recordsUpdated 12 May 2023
Last soldAED 2.9M12 May 2023
Current rentAED 145K /yr31 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH164, Al Reem 1

What is TH164 worth today?

Last sold for AED 2,900,000 in 2023

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12 May 2023SoldReady
AED 2,900,000AED 1,268 per sqft
31 Jan 2023RentedRenewal
AED 145,000/yr12 months · AED 63 per sqft
31 Jan 2022RentedNew contract
AED 145,000/yr12 months · AED 63 per sqft
1 Feb 2021RentedNew contract
AED 105,000/yr12 months · AED 46 per sqft
15 Dec 2018RentedNew contract
AED 110,000/yr12 months · AED 48 per sqft
4 Jun 2017RentedRenewal
AED 155,000/yr12 months · AED 68 per sqft
4 Jun 2016RentedRenewal
AED 170,000/yr12 months · AED 74 per sqft
4 Jun 2015RentedNew contract
AED 170,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 12 May 2023.

Key facts

Type
4-bed villa
Size
2,287 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 2.9M · May 2023
Community
Al Reem 1

About TH164, Al Reem 1

TH164 is a four-bedroom villa of 2,287 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 12 May 2023 for AED 2,900,000, or AED 1,268 per sqft, 31% above the AED 968 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 31 January 2023, is AED 145,000 a year: a gross yield of 5.0% on the 2023 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH164 over time

Sales
Villa TH164, 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, August 2007: AED 665,888 (AED 291 per sqft)Sold, May 2011: AED 1,450,000 (AED 634 per sqft)Sold, May 2023: AED 2,900,000 (AED 1,268 per sqft)

TH164 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH164, 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, February 2013: AED 155,000 a yearNew contract, February 2014: AED 165,000 a yearNew contract, June 2015: AED 170,000 a yearRenewal, June 2016: AED 170,000 a yearRenewal, June 2017: AED 155,000 a yearNew contract, December 2018: AED 110,000 a yearNew contract, February 2021: AED 105,000 a yearNew contract, January 2022: AED 145,000 a yearRenewal, January 2023: AED 145,000 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 TH164 sits

All 176 4-beds →

TH164 last sold in May 2023 at AED 1,268 per sqft, 31% above what four-beds in Al Reem 1 were fetching at the time (AED 968). TH164's AED 145,000 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
5 May 20233,300,000
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 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH164, Al Reem 1 in numbers

  • Sold 3 times: first on 27 August 2007 for AED 665,888, last on 12 May 2023 for AED 2,900,000 (AED 1,268 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 155,000 to AED 105,000 in 2021 and recovered to AED 145,000 by January 2023.
  • At AED 145,000 a year the gross yield on the 2023 price is 5.0%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 12 May 2023.

Questions about TH164, Al Reem 1

What did villa TH164 last sell for?

AED 2,900,000 on 12 May 2023: AED 1,268 per sqft for 2,287 sqft. The villa has 3 registered sales; the first was AED 665,888 in August 2007.

What is the rent for villa TH164?

AED 145,000 a year on the contract renewed on 31 January 2023. The previous contract, from January 2022, was AED 145,000; the villa has been rented since February 2013.

How big is villa TH164?

2,287 sqft (212.5 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH164 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 TH164, Al Reem 1

Starts from the last sale price (AED 2.9M, 12 May 2023). 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 →