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3-bed · 2,458 sqftAl Reem 1, Arabian Ranches · completed 2007

TH198, Al Reem 1

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH198 · DLD and Ejari recordsUpdated 5 June 2024
Last soldAED 3.35M5 June 2024
Current rentAED 150K /yr13 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH198, Al Reem 1

What is TH198 worth today?

Last sold for AED 3,350,000 in 2024

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5 Jun 2024SoldReady
AED 3,350,000AED 1,363 per sqft
13 Feb 2024RentedRenewal
AED 149,500/yr6 months · AED 61 per sqft
13 Feb 2023RentedRenewal
AED 130,000/yr12 months · AED 53 per sqft
13 Feb 2022RentedRenewal
AED 117,500/yr12 months · AED 48 per sqft
13 Feb 2019RentedRenewal
AED 110,000/yr12 months · AED 45 per sqft
10 Aug 2016RentedNew contract
AED 160,000/yr12 months · AED 65 per sqft
30 Jul 2015RentedNew contract
AED 165,000/yr12 months · AED 67 per sqft
21 Jul 2015SoldReady
AED 2,300,000AED 935 per sqft

Source: Dubai Land Department. Updated 5 June 2024.

Key facts

Type
3-bed villa
Size
2,458 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,600 /yr
Last sold
AED 3.35M · June 2024
Community
Al Reem 1

About TH198, Al Reem 1

TH198 is a three-bedroom villa of 2,458 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 5 June 2024 for AED 3,350,000, or AED 1,363 per sqft, in line with the AED 1,385 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 13 February 2024, is AED 149,500 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 7,600 a year.

Sales and rents for TH198 over time

Sales
Villa TH198, 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, August 2007: AED 1,075,000 (AED 437 per sqft)Sold, June 2011: AED 1,500,000 (AED 610 per sqft)Sold, July 2015: AED 2,300,000 (AED 935 per sqft)Sold, June 2024: AED 3,350,000 (AED 1,363 per sqft)

TH198 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH198, 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, August 2014: AED 150,000 a yearNew contract, July 2015: AED 165,000 a yearNew contract, August 2016: AED 160,000 a yearRenewal, February 2019: AED 110,000 a yearRenewal, February 2022: AED 117,500 a yearRenewal, February 2023: AED 130,000 a yearRenewal, February 2024: AED 149,500 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 TH198 sits

All 157 3-beds →

TH198 last sold in June 2024 at AED 1,363 per sqft, in line with what three-beds in Al Reem 1 were fetching at the time (AED 1,385). 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. TH198's AED 149,500 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 →

TH198, Al Reem 1 in numbers

  • Sold 4 times: first on 22 August 2007 for AED 1,075,000, last on 5 June 2024 for AED 3,350,000 (AED 1,363 per sqft).
  • Rented since August 2014 on 7 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2019 and recovered to AED 149,500 by February 2024.
  • At AED 149,500 a year the gross yield on the 2024 price is 4.5%, 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 5 June 2024.

Questions about TH198, Al Reem 1

What did villa TH198 last sell for?

AED 3,350,000 on 5 June 2024: AED 1,363 per sqft for 2,458 sqft. The villa has 4 registered sales; the first was AED 1,075,000 in August 2007.

What is the rent for villa TH198?

AED 149,500 a year on the contract renewed on 13 February 2024. The previous contract, from February 2023, was AED 130,000; the villa has been rented since August 2014.

How big is villa TH198?

2,458 sqft (228.4 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH198 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 TH198, Al Reem 1

Starts from the last sale price (AED 3.35M, 5 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

Plus AED 145,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →