4-bed · 2,459 sqftAl Reem 1, Arabian Ranches · completed 2007

TH306, Al Reem 1

Sold prices and rental history: sold 4 times, last in May 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH306 · DLD and Ejari recordsUpdated 5 May 2023
Last soldAED 3.3M5 May 2023
Current rentAED 170K /yr1 July 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH306, Al Reem 1

What is TH306 worth today?

Last sold for AED 3,300,000 in 2023

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5 May 2023SoldReady
AED 3,300,000AED 1,342 per sqft
18 Jul 2022SoldReady
AED 2,050,000AED 833 per sqft
10 Sep 2018SoldReady
AED 1,700,000AED 691 per sqft
1 Jul 2017RentedRenewal
AED 170,000/yr12 months · AED 69 per sqft
6 May 2015RentedNew contract
AED 175,000/yr12 months · AED 71 per sqft
6 May 2015RentedNew contract
AED 175,000/yr12 months · AED 71 per sqft
17 Mar 2014RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
24 Dec 2007Sold by developerReady
AED 337,444AED 137 per sqft

Source: Dubai Land Department. Updated 5 May 2023.

Key facts

Type
4-bed villa
Size
2,459 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,600 /yr
Last sold
AED 3.3M · May 2023
Community
Al Reem 1

About TH306, Al Reem 1

TH306 is a four-bedroom villa of 2,459 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 5 May 2023 for AED 3,300,000, or AED 1,342 per sqft, 39% above the AED 966 four-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 4 Ejari contracts. The current contract, renewed on 1 July 2017, is AED 170,000 a year: a gross yield of 5.1% on the 2023 price, before the service charge of about AED 7,600 a year.

Sales and rents for TH306 over time

Sales
Villa TH306, each saleTypical four-bed in Al Reem 1
02M2007201220172022Typical sale price by year: 2007 AED 667,388; 2008 AED 1,051,000; 2009 AED 1,400,000; 2010 AED 1,062,500; 2011 AED 1,450,000; 2012 AED 1,795,000; 2013 AED 2,150,000; 2014 AED 2,637,500; 2015 AED 2,250,000; 2016 AED 2,300,000; 2017 AED 2,150,000; 2018 AED 1,800,000; 2019 AED 1,650,000; 2020 AED 1,430,000; 2021 AED 1,975,000; 2022 AED 2,325,000; 2023 AED 2,667,938Sold by developer, December 2007: AED 337,444 (AED 137 per sqft)Sold, September 2018: AED 1,700,000 (AED 691 per sqft)Sold, July 2022: AED 2,050,000 (AED 833 per sqft)Sold, May 2023: AED 3,300,000 (AED 1,342 per sqft)

TH306 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH306, each contractTypical four-bed in Al Reem 1
100K150K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 135,000; 2013 AED 148,500; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 147,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 112,000; 2022 AED 135,000; 2023 AED 147,500; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 204,750New contract, March 2014: AED 170,000 a yearNew contract, May 2015: AED 175,000 a yearNew contract, May 2015: AED 175,000 a yearRenewal, July 2017: AED 170,000 a year

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 TH306 sits

All 176 4-beds →

TH306 last sold in May 2023 at AED 1,342 per sqft, 39% above what four-beds in Al Reem 1 were fetching at the time (AED 966). TH306's AED 170,000 is in the lower half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
23 Jun 20232,595,000
2 Jun 20232,850,000
31 May 20231,325,000
12 May 20232,900,000
0 4-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 →

TH306, Al Reem 1 in numbers

  • Sold 4 times: first on 24 December 2007 for AED 337,444, last on 5 May 2023 for AED 3,300,000 (AED 1,342 per sqft).
  • Rented since March 2014 on 4 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 5.1%, before a service charge of about AED 7,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 5 May 2023.

Questions about TH306, Al Reem 1

What did villa TH306 last sell for?

AED 3,300,000 on 5 May 2023: AED 1,342 per sqft for 2,459 sqft. The villa has 4 registered sales; the first was AED 337,444 in December 2007.

What is the rent for villa TH306?

AED 170,000 a year on the contract renewed on 1 July 2017. The previous contract, from May 2015, was AED 175,000; the villa has been rented since March 2014.

How big is villa TH306?

2,459 sqft (228.4 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH306 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 TH306, Al Reem 1

Starts from the last sale price (AED 3.3M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →