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5-bed · 2,527 sqftAl Reem 1, Arabian Ranches · completed 2007

TH238, Al Reem 1

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH238 · DLD and Ejari recordsUpdated 10 July 2022
Last soldAED 914K27 February 2011
Current rentAED 100K /yr10 July 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH238, Al Reem 1

What is TH238 worth today?

Last sold for AED 913,888 in 2011

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10 Jul 2022RentedRenewal
AED 100,000/yr12 months · AED 40 per sqft
10 Jul 2021RentedRenewal
AED 100,000/yr12 months · AED 40 per sqft
10 Jul 2020RentedNew contract
AED 100,000/yr12 months · AED 40 per sqft
10 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 40 per sqft
26 Dec 2017RentedNew contract
AED 125,000/yr12 months · AED 49 per sqft
8 Aug 2014RentedNew contract
AED 175,000/yr12 months · AED 69 per sqft
27 Feb 2011Sold by developerReady
AED 913,888AED 361 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2022.

Key facts

Type
5-bed villa
Size
2,527 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 914K · February 2011
Community
Al Reem 1

About TH238, Al Reem 1

TH238 is a five-bedroom villa of 2,527 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 27 February 2011 for AED 913,888, or AED 361 per sqft, 19% below the AED 447 five-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 10 July 2022, is AED 100,000 a year: a gross yield of 10.9% on the 2011 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH238 over time

Sales
Villa TH238, 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, February 2011: AED 913,888 (AED 361 per sqft)

TH238 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH238, 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 2014: AED 175,000 a yearNew contract, December 2017: AED 125,000 a yearNew contract, July 2019: AED 100,000 a yearNew contract, July 2020: AED 100,000 a yearRenewal, July 2021: AED 100,000 a yearRenewal, July 2022: AED 100,000 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 TH238 sits

All 120 5-beds →

TH238 last sold in February 2011 at AED 361 per sqft, 19% below what five-beds in Al Reem 1 were fetching at the time (AED 447). TH238's AED 100,000 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 →

TH238, Al Reem 1 in numbers

  • Sold once: by Emaar on 27 February 2011 for AED 913,888, or AED 361 per sqft.
  • Rented since August 2014 on 6 Ejari contracts, from AED 175,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2011 price is 10.9%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 10 July 2022.

Questions about TH238, Al Reem 1

What did villa TH238 last sell for?

AED 913,888 on 27 February 2011, sold by the developer: AED 361 per sqft for 2,527 sqft. It is the only registered sale of the villa.

What is the rent for villa TH238?

AED 100,000 a year on the contract renewed on 10 July 2022. The previous contract, from July 2021, was AED 100,000; the villa has been rented since August 2014.

How big is villa TH238?

2,527 sqft (234.8 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH238 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 TH238, Al Reem 1

Starts from the last sale price (AED 914K, 27 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 913,888
Deposit, UAE resident (20%)
AED 182,778
Deposit, non-resident (40%)
AED 365,555
Monthly over 25 years at 3.7%
AED 3,739

Plus AED 43,394 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →