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5-bed · 2,728 sqftAl Reem 1, Arabian Ranches · completed 2007

TH215, Al Reem 1

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH215 · DLD and Ejari recordsUpdated 1 July 2021
Last soldAED 2.45M1 July 2021
Current rentAED 98K /yr1 December 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH215, Al Reem 1

What is TH215 worth today?

Last sold for AED 2,450,000 in 2021

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1 Jul 2021SoldReady
AED 2,450,000AED 897 per sqft
1 Dec 2020RentedRenewal
AED 97,500/yr12 months · AED 36 per sqft
1 Dec 2019RentedNew contract
AED 100,000/yr12 months · AED 37 per sqft
1 May 2018RentedRenewal
AED 140,000/yr12 months · AED 51 per sqft
1 May 2017RentedNew contract
AED 140,000/yr12 months · AED 51 per sqft
25 Dec 2015RentedNew contract
AED 170,000/yr12 months · AED 62 per sqft
15 Oct 2014RentedNew contract
AED 200,000/yr12 months · AED 73 per sqft
15 Oct 2013RentedRenewal
AED 180,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 July 2021.

Key facts

Type
5-bed villa
Size
2,728 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 2.45M · July 2021
Community
Al Reem 1

About TH215, Al Reem 1

TH215 is a five-bedroom villa of 2,728 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 1 July 2021 for AED 2,450,000, or AED 897 per sqft, 25% above the AED 720 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 1 December 2020, is AED 97,500 a year: a gross yield of 4.0% on the 2021 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH215 over time

Sales
Villa TH215, each saleTypical five-bed in Al Reem 1
2M2007201220172022Typical sale price by year: 2007 AED 785,888; 2008 AED 1,197,944; 2009 AED 907,888; 2010 AED 1,287,500; 2011 AED 1,475,000; 2012 AED 1,300,000; 2013 AED 2,980,000; 2014 AED 3,500,000; 2015 AED 2,700,000; 2016 AED 2,750,000; 2017 AED 2,900,000; 2018 AED 2,150,000; 2019 AED 1,962,500; 2020 AED 1,900,000; 2021 AED 2,450,000; 2022 AED 2,850,000; 2023 AED 3,400,000Sold by developer, October 2011: AED 1,450,000 (AED 531 per sqft)Sold, July 2021: AED 2,450,000 (AED 897 per sqft)

TH215 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH215, each contractTypical five-bed in Al Reem 1
100K200K2012201620202024Typical rent by year: 2012 AED 156,250; 2013 AED 170,000; 2014 AED 185,000; 2015 AED 194,890; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 157,000; 2019 AED 146,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 147,500; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 222,421New contract, October 2012: AED 160,000 a yearRenewal, October 2013: AED 180,000 a yearNew contract, October 2014: AED 200,000 a yearNew contract, December 2015: AED 170,000 a yearNew contract, May 2017: AED 140,000 a yearRenewal, May 2018: AED 140,000 a yearNew contract, December 2019: AED 100,000 a yearRenewal, December 2020: AED 97,500 a year

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

5-beds in Al Reem 1, and where TH215 sits

All 120 5-beds →

TH215 last sold in July 2021 at AED 897 per sqft, 25% above what five-beds in Al Reem 1 were fetching at the time (AED 720). TH215's AED 97,500 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
16 Jun 20233,300,000
9 Jun 20233,900,000
6 Jun 20233,350,000
6 Jun 20233,650,000
0 5-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 →

TH215, Al Reem 1 in numbers

  • Sold twice: first on 9 October 2011 for AED 1,450,000, last on 1 July 2021 for AED 2,450,000 (AED 897 per sqft).
  • Rented since October 2012 on 8 Ejari contracts, from AED 160,000 to AED 97,500 a year.
  • At AED 97,500 a year the gross yield on the 2021 price is 4.0%, before a service charge of about AED 8,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 July 2021.

Questions about TH215, Al Reem 1

What did villa TH215 last sell for?

AED 2,450,000 on 1 July 2021: AED 897 per sqft for 2,728 sqft. The villa has 2 registered sales; the first was AED 1,450,000 in October 2011.

What is the rent for villa TH215?

AED 97,500 a year on the contract renewed on 1 December 2020. The previous contract, from December 2019, was AED 100,000; the villa has been rented since October 2012.

How big is villa TH215?

2,728 sqft (253.4 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH215 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 TH215, Al Reem 1

Starts from the last sale price (AED 2.45M, 1 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →