4-bed · 2,475 sqftAl Reem 1, Arabian Ranches · completed 2007

TH307, Al Reem 1

Sold prices and rental history: sold 4 times, last in April 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH307 · DLD and Ejari recordsUpdated 1 June 2023
Last soldAED 2.4M28 April 2023
Current rentAED 112K /yr1 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH307, Al Reem 1

What is TH307 worth today?

Last sold for AED 2,400,000 in 2023

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1 Jun 2023RentedNew contract
AED 111,539/yr11 months · AED 45 per sqft
28 Apr 2023SoldReady
AED 2,400,000AED 969 per sqft
1 Jan 2023RentedRenewal
AED 111,539/yr10 months · AED 45 per sqft
1 Jan 2021RentedNew contract
AED 93,000/yr12 months · AED 38 per sqft
1 Oct 2017RentedRenewal
AED 160,000/yr12 months · AED 65 per sqft
1 Oct 2016RentedNew contract
AED 160,000/yr12 months · AED 65 per sqft
1 Sep 2015RentedNew contract
AED 170,000/yr12 months · AED 69 per sqft
3 Aug 2015SoldReady
AED 2,250,000AED 909 per sqft

Source: Dubai Land Department. Updated 1 June 2023.

Key facts

Type
4-bed villa
Size
2,475 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,600 /yr
Last sold
AED 2.4M · April 2023
Community
Al Reem 1

About TH307, Al Reem 1

TH307 is a four-bedroom villa of 2,475 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 28 April 2023 for AED 2,400,000, or AED 969 per sqft, in line with the AED 956 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 1 June 2023, is AED 111,539 a year: a gross yield of 4.7% on the 2023 price, before the service charge of about AED 7,600 a year.

Sales and rents for TH307 over time

Sales
Villa TH307, 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, May 2008: AED 359,944 (AED 145 per sqft)Sold, August 2012: AED 900,000 (AED 363 per sqft)Sold, August 2015: AED 2,250,000 (AED 909 per sqft)Sold, April 2023: AED 2,400,000 (AED 969 per sqft)

TH307 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH307, each contractTypical four-bed in Al Reem 1
100K200K20112015201920232027Typical 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, September 2012: AED 145,000 a yearNew contract, September 2013: AED 145,000 a yearNew contract, September 2014: AED 145,000 a yearNew contract, September 2015: AED 170,000 a yearNew contract, October 2016: AED 160,000 a yearRenewal, October 2017: AED 160,000 a yearNew contract, January 2021: AED 93,000 a yearRenewal, January 2023: AED 111,539 a yearNew contract, June 2023: AED 111,539 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 TH307 sits

All 176 4-beds →

TH307 last sold in April 2023 at AED 969 per sqft, in line with what four-beds in Al Reem 1 were fetching at the time (AED 956). TH307's AED 111,539 is at the bottom 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 →

TH307, Al Reem 1 in numbers

  • Sold 4 times: first on 1 May 2008 for AED 359,944, last on 28 April 2023 for AED 2,400,000 (AED 969 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 145,000 to AED 93,000 in 2021 and recovered to AED 111,539 by June 2023.
  • At AED 111,539 a year the gross yield on the 2023 price is 4.7%, before a service charge of about AED 7,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 June 2023.

Questions about TH307, Al Reem 1

What did villa TH307 last sell for?

AED 2,400,000 on 28 April 2023: AED 969 per sqft for 2,475 sqft. The villa has 4 registered sales; the first was AED 359,944 in May 2008.

What is the rent for villa TH307?

AED 111,539 a year on the contract signed on 1 June 2023. The previous contract, from January 2023, was AED 111,539; the villa has been rented since September 2012.

How big is villa TH307?

2,475 sqft (229.9 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH307 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 TH307, Al Reem 1

Starts from the last sale price (AED 2.4M, 28 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →