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5-bed · 2,721 sqftAl Reem 1, Arabian Ranches · completed 2007

TH228, Al Reem 1

Sold prices and rental history: sold 3 times, last in February 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH228 · DLD and Ejari recordsUpdated 24 February 2022
Last soldAED 2.7M24 February 2022
Current rentAED 107K /yr20 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH228, Al Reem 1

What is TH228 worth today?

Last sold for AED 2,700,000 in 2022

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24 Feb 2022SoldReady
AED 2,700,000AED 992 per sqft
20 Oct 2020RentedNew contract
AED 107,000/yr12 months · AED 39 per sqft
17 Oct 2019RentedRenewal
AED 165,000/yr24 months · AED 61 per sqft
17 Oct 2018RentedRenewal
AED 165,000/yr12 months · AED 61 per sqft
17 Oct 2017RentedNew contract
AED 165,000/yr12 months · AED 61 per sqft
17 Oct 2016RentedNew contract
AED 195,000/yr12 months · AED 72 per sqft
18 Aug 2015RentedNew contract
AED 195,000/yr12 months · AED 72 per sqft
18 Aug 2014RentedNew contract
AED 200,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 24 February 2022.

Key facts

Type
5-bed villa
Size
2,721 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 2.7M · February 2022
Community
Al Reem 1

About TH228, Al Reem 1

TH228 is a five-bedroom villa of 2,721 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 24 February 2022 for AED 2,700,000, or AED 992 per sqft, 6% above the AED 933 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 20 October 2020, is AED 107,000 a year: a gross yield of 4.0% on the 2022 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH228 over time

Sales
Villa TH228, 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, November 2007: AED 785,888 (AED 288 per sqft)Sold, October 2013: AED 2,950,000 (AED 1,084 per sqft)Sold, February 2022: AED 2,700,000 (AED 992 per sqft)

TH228 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH228, 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, August 2012: AED 130,000 a yearNew contract, October 2013: AED 150,306 a yearNew contract, August 2014: AED 200,000 a yearNew contract, August 2015: AED 195,000 a yearNew contract, October 2016: AED 195,000 a yearNew contract, October 2017: AED 165,000 a yearRenewal, October 2018: AED 165,000 a yearRenewal, October 2019: AED 165,000 a yearNew contract, October 2020: AED 107,000 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 TH228 sits

All 120 5-beds →

TH228 last sold in February 2022 at AED 992 per sqft, 6% above what five-beds in Al Reem 1 were fetching at the time (AED 933). TH228's AED 107,000 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 →

TH228, Al Reem 1 in numbers

  • Sold 3 times: first on 15 November 2007 for AED 785,888, last on 24 February 2022 for AED 2,700,000 (AED 992 per sqft).
  • Rented since August 2012 on 9 Ejari contracts, from AED 130,000 to AED 107,000 a year.
  • At AED 107,000 a year the gross yield on the 2022 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 24 February 2022.

Questions about TH228, Al Reem 1

What did villa TH228 last sell for?

AED 2,700,000 on 24 February 2022: AED 992 per sqft for 2,721 sqft. The villa has 3 registered sales; the first was AED 785,888 in November 2007.

What is the rent for villa TH228?

AED 107,000 a year on the contract signed on 20 October 2020. The previous contract, from October 2019, was AED 165,000; the villa has been rented since August 2012.

How big is villa TH228?

2,721 sqft (252.8 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH228 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 TH228, Al Reem 1

Starts from the last sale price (AED 2.7M, 24 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →