TH249, Al Reem 1
Sold prices and rental history: sold once, by the developer in October 2007, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH249, Al Reem 1
What is TH249 worth today?
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Source: Dubai Land Department. Updated 17 March 2025.
Key facts
- Type
- 4-bed villa
- Size
- 2,475 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 7,600 /yr
- Last sold
- AED 305K · October 2007
- Community
- Al Reem 1
About TH249, Al Reem 1
TH249 is a four-bedroom villa of 2,475 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 18 October 2007 for AED 304,944, or AED 123 per sqft, 59% below the AED 297 four-beds in the community were fetching at the time.
It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 17 March 2025, is AED 185,000 a year: a gross yield of 60.7% on the 2007 price, before the service charge of about AED 7,600 a year.
Sales and rents for TH249 over time
TH249 has sold once; the dashed line is the four-bed median of each year in the community.
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 TH249 sits
All 176 4-beds →TH249 last sold in October 2007 at AED 123 per sqft, 59% below what four-beds in Al Reem 1 were fetching at the time (AED 297). TH249's AED 185,000 is in the lower half of that range.
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202323 June 2023 | 2,460 sqft | 2,595,000 | 1,054 | ||
| 2 Jun 20232 June 2023 | 2,460 sqft | 2,850,000 | 1,158 | ||
| 31 May 202331 May 2023 | 2,272 sqft | 1,325,000 | 583 | ||
| 12 May 202312 May 2023 | 2,287 sqft | 2,900,000 | 1,268 |
Al Reem 1
Community473 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%
TH249, Al Reem 1 in numbers
- Sold once: by Emaar on 18 October 2007 for AED 304,944, or AED 123 per sqft.
- Rented since July 2012 on 14 Ejari contracts. The rent fell from AED 135,000 to AED 106,250 in 2021 and recovered to AED 185,000 by March 2025.
- At AED 185,000 a year the gross yield on the 2007 price is 60.7%, before a service charge of about AED 7,600 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 17 March 2025.
Questions about TH249, Al Reem 1
What did villa TH249 last sell for?
AED 304,944 on 18 October 2007, sold by the developer: AED 123 per sqft for 2,475 sqft. It is the only registered sale of the villa.
What is the rent for villa TH249?
AED 185,000 a year on the contract renewed on 17 March 2025. The previous contract, from March 2025, was AED 185,000; the villa has been rented since July 2012.
How big is villa TH249?
2,475 sqft (229.9 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.
What is villa TH249 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 TH249, Al Reem 1
Starts from the last sale price (AED 305K, 18 October 2007). Switch to today's estimate once you have unlocked it.- Price
- AED 304,944
- Deposit, UAE resident (20%)
- AED 60,989
- Deposit, non-resident (40%)
- AED 121,978
- Monthly over 25 years at 3.7%
- AED 1,248
Plus AED 15,718 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →