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4-bed · 2,287 sqftAl Reem 1, Arabian Ranches · completed 2007

TH243, Al Reem 1

Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH243 · DLD and Ejari recordsUpdated 1 May 2024
Last soldAED 654K21 April 2013
Current rentAED 146K /yr1 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH243, Al Reem 1

What is TH243 worth today?

Last sold for AED 653,888 in 2013

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1 May 2024RentedNew contract
AED 146,107/yr12 months · AED 64 per sqft
1 May 2022RentedRenewal
AED 120,750/yr12 months · AED 53 per sqft
1 May 2021RentedNew contract
AED 105,000/yr12 months · AED 46 per sqft
1 May 2019RentedNew contract
AED 125,000/yr12 months · AED 55 per sqft
1 May 2017RentedNew contract
AED 125,000/yr12 months · AED 55 per sqft
1 Nov 2015RentedRenewal
AED 165,000/yr12 months · AED 72 per sqft
31 Oct 2014RentedNew contract
AED 170,000/yr12 months · AED 74 per sqft
1 Nov 2013RentedNew contract
AED 135,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 1 May 2024.

Key facts

Type
4-bed villa
Size
2,287 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 654K · April 2013
Community
Al Reem 1

About TH243, Al Reem 1

TH243 is a four-bedroom villa of 2,287 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 21 April 2013 for AED 653,888, or AED 285 per sqft, 64% below the AED 787 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 May 2024, is AED 146,107 a year: a gross yield of 22.3% on the 2013 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH243 over time

Sales
Villa TH243, 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, April 2013: AED 653,888 (AED 285 per sqft)

TH243 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH243, 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, November 2012: AED 135,000 a yearNew contract, November 2013: AED 135,000 a yearNew contract, October 2014: AED 170,000 a yearRenewal, November 2015: AED 165,000 a yearNew contract, May 2017: AED 125,000 a yearNew contract, May 2019: AED 125,000 a yearNew contract, May 2021: AED 105,000 a yearRenewal, May 2022: AED 120,750 a yearNew contract, May 2024: AED 146,107 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 TH243 sits

All 176 4-beds →

TH243 last sold in April 2013 at AED 285 per sqft, 64% below what four-beds in Al Reem 1 were fetching at the time (AED 787). TH243's AED 146,107 is in the lower half 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH243, Al Reem 1 in numbers

  • Sold once: by Emaar on 21 April 2013 for AED 653,888, or AED 285 per sqft.
  • Rented since November 2012 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 105,000 in 2021 and recovered to AED 146,107 by May 2024.
  • At AED 146,107 a year the gross yield on the 2013 price is 22.3%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 May 2024.

Questions about TH243, Al Reem 1

What did villa TH243 last sell for?

AED 653,888 on 21 April 2013, sold by the developer: AED 285 per sqft for 2,287 sqft. It is the only registered sale of the villa.

What is the rent for villa TH243?

AED 146,107 a year on the contract signed on 1 May 2024. The previous contract, from May 2022, was AED 120,750; the villa has been rented since November 2012.

How big is villa TH243?

2,287 sqft (212.5 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH243 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 TH243, Al Reem 1

Starts from the last sale price (AED 654K, 21 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 653,888
Deposit, UAE resident (20%)
AED 130,778
Deposit, non-resident (40%)
AED 261,555
Monthly over 25 years at 3.7%
AED 2,675

Plus AED 32,474 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →