Home
Dubai prices
About
Research
5-bed · 2,721 sqftAl Reem 1, Arabian Ranches · completed 2007

TH232, Al Reem 1

Sold prices and rental history: sold twice, last in June 2018, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH232 · DLD and Ejari recordsUpdated 28 June 2018
Last soldAED 1.98M28 June 2018
Current rentAED 155K /yr4 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH232

Property timeline for TH232, Al Reem 1

What is TH232 worth today?

Last sold for AED 1,980,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Jun 2018SoldReady
AED 1,980,000AED 727 per sqft
4 Aug 2017RentedNew contract
AED 155,000/yr12 months · AED 57 per sqft
1 Aug 2016RentedRenewal
AED 190,000/yr12 months · AED 70 per sqft
1 Aug 2015RentedNew contract
AED 195,000/yr12 months · AED 72 per sqft
1 Aug 2014RentedNew contract
AED 195,000/yr12 months · AED 72 per sqft
1 Jan 2014RentedNew contract
AED 150,000/yr12 months · AED 55 per sqft
2 Oct 2007Sold by developerReady
AED 785,888AED 288 per sqft

Source: Dubai Land Department. Updated 28 June 2018.

Key facts

Type
5-bed villa
Size
2,721 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 1.98M · June 2018
Community
Al Reem 1

About TH232, Al Reem 1

TH232 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 28 June 2018 for AED 1,980,000, or AED 727 per sqft, 16% below the AED 868 five-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 4 August 2017, is AED 155,000 a year: a gross yield of 7.8% on the 2018 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH232 over time

Sales
Villa TH232, 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 2007: AED 785,888 (AED 288 per sqft)Sold, June 2018: AED 1,980,000 (AED 727 per sqft)

TH232 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH232, each contractTypical five-bed in Al Reem 1
150K200K2012201620202024Typical 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, January 2014: AED 150,000 a yearNew contract, August 2014: AED 195,000 a yearNew contract, August 2015: AED 195,000 a yearRenewal, August 2016: AED 190,000 a yearNew contract, August 2017: AED 155,000 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 TH232 sits

All 120 5-beds →

TH232 last sold in June 2018 at AED 727 per sqft, 16% below what five-beds in Al Reem 1 were fetching at the time (AED 868). TH232's AED 155,000 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH232, Al Reem 1 in numbers

  • Sold twice: first on 2 October 2007 for AED 785,888, last on 28 June 2018 for AED 1,980,000 (AED 727 per sqft).
  • Rented since January 2014 on 5 Ejari contracts, from AED 150,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2018 price is 7.8%, before a service charge of about AED 8,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 28 June 2018.

Questions about TH232, Al Reem 1

What did villa TH232 last sell for?

AED 1,980,000 on 28 June 2018: AED 727 per sqft for 2,721 sqft. The villa has 2 registered sales; the first was AED 785,888 in October 2007.

What is the rent for villa TH232?

AED 155,000 a year on the contract signed on 4 August 2017. The previous contract, from August 2016, was AED 190,000; the villa has been rented since January 2014.

How big is villa TH232?

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

What is villa TH232 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling TH232? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH232, Al Reem 1

Starts from the last sale price (AED 1.98M, 28 June 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,980,000
Deposit, UAE resident (20%)
AED 396,000
Deposit, non-resident (40%)
AED 792,000
Monthly over 25 years at 3.7%
AED 8,101

Plus AED 88,170 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →