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5-bed · 3,052 sqftAl Reem 1, Arabian Ranches · completed 2007

TH293, Al Reem 1

Sold prices and rental history: sold twice, last in August 2017, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH293 · DLD and Ejari recordsUpdated 20 August 2017
Last soldAED 2.65M20 August 2017
Current rentAED 200K /yr12 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH293, Al Reem 1

What is TH293 worth today?

Last sold for AED 2,650,000 in 2017

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20 Aug 2017SoldReady
AED 2,650,000AED 868 per sqft
12 Sep 2016RentedRenewal
AED 200,000/yr12 months · AED 66 per sqft
12 Sep 2015RentedNew contract
AED 200,000/yr12 months · AED 66 per sqft
11 Feb 2015RentedRenewal
AED 200,000/yr12 months · AED 66 per sqft
11 Feb 2014RentedNew contract
AED 200,000/yr12 months · AED 66 per sqft
7 Dec 2012RentedNew contract
AED 173,000/yr12 months · AED 57 per sqft
21 Oct 2007Sold by developerReady
AED 964,888AED 316 per sqft

Source: Dubai Land Department. Updated 20 August 2017.

Key facts

Type
5-bed villa
Size
3,052 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 2.65M · August 2017
Community
Al Reem 1

About TH293, Al Reem 1

TH293 is a five-bedroom villa of 3,052 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 20 August 2017 for AED 2,650,000, or AED 868 per sqft, 17% below the AED 1,041 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 12 September 2016, is AED 200,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 9,400 a year.

Sales and rents for TH293 over time

Sales
Villa TH293, 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, October 2007: AED 964,888 (AED 316 per sqft)Sold, August 2017: AED 2,650,000 (AED 868 per sqft)

TH293 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH293, each contractTypical five-bed in Al Reem 1
150K200K2012201620202024Typical 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, December 2012: AED 173,000 a yearNew contract, February 2014: AED 200,000 a yearRenewal, February 2015: AED 200,000 a yearNew contract, September 2015: AED 200,000 a yearRenewal, September 2016: AED 200,000 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 TH293 sits

All 120 5-beds →

TH293 last sold in August 2017 at AED 868 per sqft, 17% below what five-beds in Al Reem 1 were fetching at the time (AED 1,041). TH293's AED 200,000 is in the lower half 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH293, Al Reem 1 in numbers

  • Sold twice: first on 21 October 2007 for AED 964,888, last on 20 August 2017 for AED 2,650,000 (AED 868 per sqft).
  • Rented since December 2012 on 5 Ejari contracts, from AED 173,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2017 price is 7.5%, before a service charge of about AED 9,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 20 August 2017.

Questions about TH293, Al Reem 1

What did villa TH293 last sell for?

AED 2,650,000 on 20 August 2017: AED 868 per sqft for 3,052 sqft. The villa has 2 registered sales; the first was AED 964,888 in October 2007.

What is the rent for villa TH293?

AED 200,000 a year on the contract renewed on 12 September 2016. The previous contract, from September 2015, was AED 200,000; the villa has been rented since December 2012.

How big is villa TH293?

3,052 sqft (283.5 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH293 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 TH293, Al Reem 1

Starts from the last sale price (AED 2.65M, 20 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →