3-bed · 2,889 sqftAl Reem 1, Arabian Ranches · completed 2007

TH287, Al Reem 1

Sold prices and rental history: sold 5 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH287 · DLD and Ejari recordsUpdated 1 August 2024
Last soldAED 4.85M15 July 2024
Current rentAED 235K /yr1 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH287, Al Reem 1

What is TH287 worth today?

Last sold for AED 4,850,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Aug 2024RentedNew contract
AED 235,000/yr12 months · AED 81 per sqft
15 Jul 2024SoldReady
AED 4,850,000AED 1,679 per sqft
2 Jun 2023RentedNew contract
AED 285,000/yr12 months · AED 99 per sqft
1 Mar 2023RentedNew contract
AED 250,000/yr12 months · AED 87 per sqft
15 Aug 2021SoldReady
AED 2,650,000AED 917 per sqft
20 Mar 2019SoldReady
AED 2,300,000AED 796 per sqft
25 Aug 2016RentedNew contract
AED 188,000/yr12 months · AED 65 per sqft
25 Aug 2014RentedNew contract
AED 220,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 1 August 2024.

Key facts

Type
3-bed villa
Size
2,889 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 4.85M · July 2024
Community
Al Reem 1

About TH287, Al Reem 1

TH287 is a three-bedroom villa of 2,889 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 15 July 2024 for AED 4,850,000, or AED 1,679 per sqft, 19% above the AED 1,408 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 1 August 2024, is AED 235,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 8,900 a year.

Sales and rents for TH287 over time

Sales
Villa TH287, 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, September 2007: AED 2,175,000 (AED 752 per sqft)Sold, November 2008: AED 4,600,000 (AED 1,592 per sqft)Sold, March 2019: AED 2,300,000 (AED 796 per sqft)Sold, August 2021: AED 2,650,000 (AED 917 per sqft)Sold, July 2024: AED 4,850,000 (AED 1,679 per sqft)

TH287 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH287, each contractTypical three-bed in Al Reem 1
100K200K300K2012201620202024Typical 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 170,000 a yearNew contract, August 2014: AED 220,000 a yearNew contract, August 2016: AED 188,000 a yearNew contract, March 2023: AED 250,000 a yearNew contract, June 2023: AED 285,000 a yearNew contract, August 2024: AED 235,000 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 TH287 sits

All 157 3-beds →

TH287 last sold in July 2024 at AED 1,679 per sqft, 19% above what three-beds in Al Reem 1 were fetching at the time (AED 1,408). 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. TH287's AED 235,000 is at the top 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 →

TH287, Al Reem 1 in numbers

  • Sold 5 times: first on 4 September 2007 for AED 2,175,000, last on 15 July 2024 for AED 4,850,000 (AED 1,679 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 170,000 to AED 235,000 a year.
  • At AED 235,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 8,900 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 1 August 2024.

Questions about TH287, Al Reem 1

What did villa TH287 last sell for?

AED 4,850,000 on 15 July 2024: AED 1,679 per sqft for 2,889 sqft. The villa has 5 registered sales; the first was AED 2,175,000 in September 2007.

What is the rent for villa TH287?

AED 235,000 a year on the contract signed on 1 August 2024. The previous contract, from June 2023, was AED 285,000; the villa has been rented since August 2013.

How big is villa TH287?

2,889 sqft (268.4 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH287 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.

Selling TH287? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH287, Al Reem 1

Starts from the last sale price (AED 4.85M, 15 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,850,000
Deposit, UAE resident (20%)
AED 970,000
Deposit, non-resident (40%)
AED 1,940,000
Monthly over 25 years at 3.7%
AED 19,843

Plus AED 208,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →