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

TH237, Al Reem 1

Sold prices and rental history: sold 4 times, last in May 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH237 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 3.45M28 May 2024
Current rentAED 140K /yr2 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH237, Al Reem 1

What is TH237 worth today?

Last sold for AED 3,450,000 in 2024

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28 May 2024SoldReady
AED 3,450,000AED 1,260 per sqft
2 Feb 2024RentedRenewal
AED 140,000/yr12 months · AED 51 per sqft
2 Jan 2023RentedRenewal
AED 140,000/yr13 months · AED 51 per sqft
2 Dec 2021RentedRenewal
AED 120,000/yr13 months · AED 44 per sqft
1 Nov 2020RentedNew contract
AED 110,000/yr13 months · AED 40 per sqft
20 Jan 2019RentedNew contract
AED 120,000/yr13 months · AED 44 per sqft
27 Jul 2017RentedNew contract
AED 140,000/yr12 months · AED 51 per sqft
18 Jun 2016RentedRenewal
AED 180,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
3-bed villa
Size
2,737 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 3.45M · May 2024
Community
Al Reem 1

About TH237, Al Reem 1

TH237 is a three-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 28 May 2024 for AED 3,450,000, or AED 1,260 per sqft, 9% below the AED 1,385 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 2 February 2024, is AED 140,000 a year: a gross yield of 4.1% on the 2024 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH237 over time

Sales
Villa TH237, 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, January 2009: AED 392,944 (AED 143 per sqft)Sold, November 2009: AED 2,340,000 (AED 855 per sqft)Sold, June 2013: AED 2,575,000 (AED 940 per sqft)Sold, May 2024: AED 3,450,000 (AED 1,260 per sqft)

TH237 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH237, 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 2013: AED 150,000 a yearNew contract, June 2015: AED 180,000 a yearRenewal, June 2016: AED 180,000 a yearNew contract, July 2017: AED 140,000 a yearNew contract, January 2019: AED 120,000 a yearNew contract, November 2020: AED 110,000 a yearRenewal, December 2021: AED 120,000 a yearRenewal, January 2023: AED 140,000 a yearRenewal, February 2024: AED 140,000 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 TH237 sits

All 157 3-beds →

TH237 last sold in May 2024 at AED 1,260 per sqft, 9% below 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. TH237's AED 140,000 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 →

TH237, Al Reem 1 in numbers

  • Sold 4 times: first on 8 January 2009 for AED 392,944, last on 28 May 2024 for AED 3,450,000 (AED 1,260 per sqft).
  • Rented since August 2013 on 9 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2020 and recovered to AED 140,000 by February 2024.
  • At AED 140,000 a year the gross yield on the 2024 price is 4.1%, before a service charge of about AED 8,400 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 28 May 2024.

Questions about TH237, Al Reem 1

What did villa TH237 last sell for?

AED 3,450,000 on 28 May 2024: AED 1,260 per sqft for 2,737 sqft. The villa has 4 registered sales; the first was AED 392,944 in January 2009.

What is the rent for villa TH237?

AED 140,000 a year on the contract renewed on 2 February 2024. The previous contract, from January 2023, was AED 140,000; the villa has been rented since August 2013.

How big is villa TH237?

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

What is villa TH237 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 TH237, Al Reem 1

Starts from the last sale price (AED 3.45M, 28 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,450,000
Deposit, UAE resident (20%)
AED 690,000
Deposit, non-resident (40%)
AED 1,380,000
Monthly over 25 years at 3.7%
AED 14,115

Plus AED 149,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →