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3-bed · 2,874 sqftAl Reem 1, Arabian Ranches · completed 2007

TH298, Al Reem 1

Sold prices and rental history: sold 4 times, last in June 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH298 · DLD and Ejari recordsUpdated 20 June 2024
Last soldAED 5M20 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH298, Al Reem 1

What is TH298 worth today?

Last sold for AED 4,999,999 in 2024

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20 Jun 2024SoldReady
AED 4,999,999AED 1,739 per sqft
4 Aug 2020SoldReady
AED 1,950,000AED 678 per sqft
27 Oct 2011SoldReady
AED 2,050,000AED 713 per sqft
27 Nov 2008Sold by developerReady
AED 1,300,000AED 452 per sqft

Source: Dubai Land Department. Updated 20 June 2024.

Key facts

Type
3-bed villa
Size
2,874 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 5M · June 2024
Community
Al Reem 1

About TH298, Al Reem 1

TH298 is a three-bedroom villa of 2,874 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 20 June 2024 for AED 4,999,999, or AED 1,739 per sqft, 24% above the AED 1,398 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH298 over time

Sales
Villa TH298, 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, November 2008: AED 1,300,000 (AED 452 per sqft)Sold, October 2011: AED 2,050,000 (AED 713 per sqft)Sold, August 2020: AED 1,950,000 (AED 678 per sqft)Sold, June 2024: AED 4,999,999 (AED 1,739 per sqft)

TH298 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH298, each contractTypical three-bed in Al Reem 1
100K150K2012201620202024Typical 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 168,438

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 TH298 sits

All 157 3-beds →

TH298 last sold in June 2024 at AED 1,739 per sqft, 24% above what three-beds in Al Reem 1 were fetching at the time (AED 1,398). 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.

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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH298, Al Reem 1 in numbers

  • Sold 4 times: first on 27 November 2008 for AED 1,300,000, last on 20 June 2024 for AED 4,999,999 (AED 1,739 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 20 June 2024.

Questions about TH298, Al Reem 1

What did villa TH298 last sell for?

AED 4,999,999 on 20 June 2024: AED 1,739 per sqft for 2,874 sqft. The villa has 4 registered sales; the first was AED 1,300,000 in November 2008.

How big is villa TH298?

2,874 sqft (267.0 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH298 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.

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Mortgage on TH298, Al Reem 1

Starts from the last sale price (AED 5M, 20 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,999,999
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →