TH338, Al Reem 1
Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH338, Al Reem 1
What is TH338 worth today?
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Source: Dubai Land Department. Updated 22 December 2023.
Key facts
- Type
- 3-bed villa
- Size
- 2,272 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 7,000 /yr
- Last sold
- AED 3.13M · December 2023
- Community
- Al Reem 1
About TH338, Al Reem 1
TH338 is a three-bedroom villa of 2,272 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 22 December 2023 for AED 3,125,000, or AED 1,375 per sqft, 3% above the AED 1,329 three-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 140,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 7,000 a year.
Sales and rents for TH338 over time
TH338 has sold 3 times; the dashed line is the three-bed median of each year in the community.
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 TH338 sits
All 157 3-beds →TH338 last sold in December 2023 at AED 1,375 per sqft, 3% above what three-beds in Al Reem 1 were fetching at the time (AED 1,329). 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. TH338's AED 140,000 is in the lower half of that range.
| Recent 3-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 5 Feb 20265 February 2026 | 2,475 sqft | 4,550,000 | 1,838 | ||
| 2 Feb 20262 February 2026 | 2,874 sqft | 7,100,000 | 2,470 | ||
| 22 Jan 202622 January 2026 | 2,287 sqft | 4,750,000 | 2,077 | ||
| 21 Jan 202621 January 2026 | 2,475 sqft | 4,500,000 | 1,818 |
Al Reem 1
Community473 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%
TH338, Al Reem 1 in numbers
- Sold 3 times: first on 20 November 2007 for AED 880,000, last on 22 December 2023 for AED 3,125,000 (AED 1,375 per sqft).
- Rented since October 2013 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 115,000 in 2020 and recovered to AED 140,000 by April 2023.
- At AED 140,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 7,000 a year (AED 3.08 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 22 December 2023.
Questions about TH338, Al Reem 1
What did villa TH338 last sell for?
AED 3,125,000 on 22 December 2023: AED 1,375 per sqft for 2,272 sqft. The villa has 3 registered sales; the first was AED 880,000 in November 2007.
What is the rent for villa TH338?
AED 140,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 130,000; the villa has been rented since October 2013.
How big is villa TH338?
2,272 sqft (211.1 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.
What is villa TH338 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 TH338, Al Reem 1
Starts from the last sale price (AED 3.13M, 22 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,125,000
- Deposit, UAE resident (20%)
- AED 625,000
- Deposit, non-resident (40%)
- AED 1,250,000
- Monthly over 25 years at 3.7%
- AED 12,785
Plus AED 136,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →