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

TH299, Al Reem 1

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH299 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 2.45M29 April 2021
Current rentAED 225K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH299, Al Reem 1

What is TH299 worth today?

Last sold for AED 2,450,000 in 2021

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1 Jul 2024RentedNew contract
AED 225,000/yr12 months · AED 78 per sqft
29 Apr 2021SoldReady
AED 2,450,000AED 848 per sqft
18 Jun 2019RentedRenewal
AED 150,000/yr12 months · AED 52 per sqft
18 Jun 2018RentedRenewal
AED 150,000/yr12 months · AED 52 per sqft
18 Jun 2016RentedRenewal
AED 192,500/yr12 months · AED 67 per sqft
18 Jun 2015RentedNew contract
AED 192,500/yr12 months · AED 67 per sqft
19 Jun 2013RentedNew contract
AED 175,000/yr24 months · AED 61 per sqft
29 May 2013SoldReady
AED 3,095,000AED 1,071 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
5-bed villa
Size
2,889 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 2.45M · April 2021
Community
Al Reem 1

About TH299, Al Reem 1

TH299 is a five-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 29 April 2021 for AED 2,450,000, or AED 848 per sqft, 24% above the AED 685 five-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 July 2024, is AED 225,000 a year: a gross yield of 9.2% on the 2021 price, before the service charge of about AED 8,900 a year.

Sales and rents for TH299 over time

Sales
Villa TH299, 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, April 2008: AED 1,600,000 (AED 553 per sqft)Sold, April 2008: AED 2,975,000 (AED 1,029 per sqft)Sold, May 2013: AED 3,095,000 (AED 1,071 per sqft)Sold, April 2021: AED 2,450,000 (AED 848 per sqft)

TH299 has sold 4 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH299, 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, June 2013: AED 175,000 a yearNew contract, June 2015: AED 192,500 a yearRenewal, June 2016: AED 192,500 a yearRenewal, June 2018: AED 150,000 a yearRenewal, June 2019: AED 150,000 a yearNew contract, July 2024: AED 225,000 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 TH299 sits

All 120 5-beds →

TH299 last sold in April 2021 at AED 848 per sqft, 24% above what five-beds in Al Reem 1 were fetching at the time (AED 685). TH299's AED 225,000 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 →

TH299, Al Reem 1 in numbers

  • Sold 4 times: first on 24 April 2008 for AED 2,975,000, last on 29 April 2021 for AED 2,450,000 (AED 848 per sqft).
  • Rented since June 2013 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 150,000 in 2019 and recovered to AED 225,000 by July 2024.
  • At AED 225,000 a year the gross yield on the 2021 price is 9.2%, before a service charge of about AED 8,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 July 2024.

Questions about TH299, Al Reem 1

What did villa TH299 last sell for?

AED 2,450,000 on 29 April 2021: AED 848 per sqft for 2,889 sqft. The villa has 4 registered sales; the first was AED 2,975,000 in April 2008.

What is the rent for villa TH299?

AED 225,000 a year on the contract signed on 1 July 2024. The previous contract, from June 2019, was AED 150,000; the villa has been rented since June 2013.

How big is villa TH299?

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

What is villa TH299 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 TH299, Al Reem 1

Starts from the last sale price (AED 2.45M, 29 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →