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5-bed · 2,737 sqftAl Reem 1, Arabian Ranches · completed 2007

TH233, Al Reem 1

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH233 · DLD and Ejari recordsUpdated 16 June 2023
Last soldAED 3.3M16 June 2023
Current rentAED 130K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH233, Al Reem 1

What is TH233 worth today?

Last sold for AED 3,300,000 in 2023

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16 Jun 2023SoldReady
AED 3,300,000AED 1,205 per sqft
1 Sep 2022RentedRenewal
AED 130,000/yr12 months · AED 48 per sqft
1 Sep 2021RentedRenewal
AED 120,000/yr12 months · AED 44 per sqft
1 Sep 2020RentedNew contract
AED 107,000/yr12 months · AED 39 per sqft
25 Aug 2019RentedRenewal
AED 152,000/yr12 months · AED 56 per sqft
25 Aug 2018RentedRenewal
AED 152,000/yr12 months · AED 56 per sqft
25 Aug 2017RentedNew contract
AED 160,000/yr12 months · AED 58 per sqft
18 Jun 2008Sold by developerReady
AED 785,888AED 287 per sqft

Source: Dubai Land Department. Updated 16 June 2023.

Key facts

Type
5-bed villa
Size
2,737 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 3.3M · June 2023
Community
Al Reem 1

About TH233, Al Reem 1

TH233 is a five-bedroom villa of 2,737 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 16 June 2023 for AED 3,300,000, or AED 1,205 per sqft, in line with the AED 1,194 five-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 130,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH233 over time

Sales
Villa TH233, 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, June 2008: AED 785,888 (AED 287 per sqft)Sold, June 2008: AED 2,884,000 (AED 1,053 per sqft)Sold, June 2023: AED 3,300,000 (AED 1,205 per sqft)

TH233 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH233, 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 2017: AED 160,000 a yearRenewal, August 2018: AED 152,000 a yearRenewal, August 2019: AED 152,000 a yearNew contract, September 2020: AED 107,000 a yearRenewal, September 2021: AED 120,000 a yearRenewal, September 2022: AED 130,000 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 TH233 sits

All 120 5-beds →

TH233 last sold in June 2023 at AED 1,205 per sqft, in line with what five-beds in Al Reem 1 were fetching at the time (AED 1,194). TH233's AED 130,000 is at the bottom of that range.

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

TH233, Al Reem 1 in numbers

  • Sold 3 times: first on 18 June 2008 for AED 2,884,000, last on 16 June 2023 for AED 3,300,000 (AED 1,205 per sqft).
  • Rented since August 2017 on 6 Ejari contracts. The rent fell from AED 160,000 to AED 107,000 in 2020 and recovered to AED 130,000 by September 2022.
  • At AED 130,000 a year the gross yield on the 2023 price is 3.9%, before a service charge of about AED 8,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 16 June 2023.

Questions about TH233, Al Reem 1

What did villa TH233 last sell for?

AED 3,300,000 on 16 June 2023: AED 1,205 per sqft for 2,737 sqft. The villa has 3 registered sales; the first was AED 2,884,000 in June 2008.

What is the rent for villa TH233?

AED 130,000 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 120,000; the villa has been rented since August 2017.

How big is villa TH233?

2,737 sqft (254.3 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH233 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 TH233, Al Reem 1

Starts from the last sale price (AED 3.3M, 16 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →