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4-bed · 2,282 sqftAl Reem 1, Arabian Ranches · completed 2007

TH241, Al Reem 1

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

Villa TH241 · DLD and Ejari recordsUpdated 14 September 2023
Last soldAED 888K8 July 2012
Current rentAED 139K /yr14 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH241, Al Reem 1

What is TH241 worth today?

Last sold for AED 887,500 in 2012

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14 Sep 2023RentedNew contract
AED 139,150/yr12 months · AED 61 per sqft
15 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 48 per sqft
15 Sep 2019RentedNew contract
AED 110,000/yr12 months · AED 48 per sqft
13 Sep 2017RentedRenewal
AED 160,000/yr12 months · AED 70 per sqft
13 Sep 2016RentedRenewal
AED 180,000/yr12 months · AED 79 per sqft
13 Sep 2015RentedNew contract
AED 180,000/yr12 months · AED 79 per sqft
16 Aug 2012RentedNew contract
AED 140,000/yr12 months · AED 61 per sqft
8 Jul 2012SoldReady
AED 887,500AED 388 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 September 2023.

Key facts

Type
4-bed villa
Size
2,282 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 888K · July 2012
Community
Al Reem 1

About TH241, Al Reem 1

TH241 is a four-bedroom villa of 2,282 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 8 July 2012 for AED 887,500, or AED 388 per sqft, 42% below the AED 672 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 14 September 2023, is AED 139,150 a year: a gross yield of 15.7% on the 2012 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH241 over time

Sales
Villa TH241, each saleTypical four-bed in Al Reem 1
1M2M3M2007201220172022Typical sale price by year: 2007 AED 667,388; 2008 AED 1,051,000; 2009 AED 1,400,000; 2010 AED 1,062,500; 2011 AED 1,450,000; 2012 AED 1,795,000; 2013 AED 2,150,000; 2014 AED 2,637,500; 2015 AED 2,250,000; 2016 AED 2,300,000; 2017 AED 2,150,000; 2018 AED 1,800,000; 2019 AED 1,650,000; 2020 AED 1,430,000; 2021 AED 1,975,000; 2022 AED 2,325,000; 2023 AED 2,667,938Sold by developer, October 2010: AED 2,150,000 (AED 942 per sqft)Sold, July 2012: AED 887,500 (AED 388 per sqft)

TH241 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH241, each contractTypical four-bed in Al Reem 1
100K150K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 135,000; 2013 AED 148,500; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 147,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 112,000; 2022 AED 135,000; 2023 AED 147,500; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 204,750New contract, August 2012: AED 140,000 a yearNew contract, September 2015: AED 180,000 a yearRenewal, September 2016: AED 180,000 a yearRenewal, September 2017: AED 160,000 a yearNew contract, September 2019: AED 110,000 a yearRenewal, September 2021: AED 110,000 a yearNew contract, September 2023: AED 139,150 a year

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Al Reem 1, and where TH241 sits

All 176 4-beds →

TH241 last sold in July 2012 at AED 388 per sqft, 42% below what four-beds in Al Reem 1 were fetching at the time (AED 672). TH241's AED 139,150 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
23 Jun 20232,595,000
2 Jun 20232,850,000
31 May 20231,325,000
12 May 20232,900,000
0 4-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 →

TH241, Al Reem 1 in numbers

  • Sold twice: first on 6 October 2010 for AED 2,150,000, last on 8 July 2012 for AED 887,500 (AED 388 per sqft).
  • Rented since August 2012 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2021 and recovered to AED 139,150 by September 2023.
  • At AED 139,150 a year the gross yield on the 2012 price is 15.7%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 September 2023.

Questions about TH241, Al Reem 1

What did villa TH241 last sell for?

AED 887,500 on 8 July 2012: AED 388 per sqft for 2,282 sqft. The villa has 2 registered sales; the first was AED 2,150,000 in October 2010.

What is the rent for villa TH241?

AED 139,150 a year on the contract signed on 14 September 2023. The previous contract, from September 2021, was AED 110,000; the villa has been rented since August 2012.

How big is villa TH241?

2,282 sqft (212.0 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH241 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 TH241, Al Reem 1

Starts from the last sale price (AED 888K, 8 July 2012). Switch to today's estimate once you have unlocked it.
Price
AED 887,500
Deposit, UAE resident (20%)
AED 177,500
Deposit, non-resident (40%)
AED 355,000
Monthly over 25 years at 3.7%
AED 3,631

Plus AED 42,285 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →