4-bed · 2,287 sqftAl Reem 1, Arabian Ranches · completed 2007

TH343, Al Reem 1

Sold prices and rental history: sold 4 times, last in February 2023, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH343 · DLD and Ejari recordsUpdated 28 February 2023
Last soldAED 2.9M28 February 2023
Current rentAED 150K /yr4 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH343, Al Reem 1

What is TH343 worth today?

Last sold for AED 2,900,000 in 2023

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28 Feb 2023SoldReady
AED 2,900,000AED 1,268 per sqft
4 Sep 2022RentedNew contract
AED 150,000/yr12 months · AED 66 per sqft
5 Sep 2021RentedNew contract
AED 150,000/yr12 months · AED 66 per sqft
8 Apr 2021RentedNew contract
AED 140,000/yr12 months · AED 61 per sqft
31 May 2020RentedNew contract
AED 140,000/yr12 months · AED 61 per sqft
21 Sep 2014SoldReady
AED 3,350,000AED 1,464 per sqft
20 Feb 2008SoldReady
AED 2,400,000AED 1,049 per sqft
27 Dec 2007Sold by developerReady
AED 1,128,713AED 493 per sqft

Source: Dubai Land Department. Updated 28 February 2023.

Key facts

Type
4-bed villa
Size
2,287 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 2.9M · February 2023
Community
Al Reem 1

About TH343, Al Reem 1

TH343 is a four-bedroom villa of 2,287 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 28 February 2023 for AED 2,900,000, or AED 1,268 per sqft, 31% above the AED 966 four-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 4 September 2022, is AED 150,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH343 over time

Sales
Villa TH343, each saleTypical four-bed in Al Reem 1
2M2007201220172022Typical 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 1,128,713 (AED 493 per sqft)Sold, February 2008: AED 2,400,000 (AED 1,049 per sqft)Sold, September 2014: AED 3,350,000 (AED 1,464 per sqft)Sold, February 2023: AED 2,900,000 (AED 1,268 per sqft)

TH343 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH343, 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, May 2020: AED 140,000 a yearNew contract, April 2021: AED 140,000 a yearNew contract, September 2021: AED 150,000 a yearNew contract, September 2022: AED 150,000 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 TH343 sits

All 176 4-beds →

TH343 last sold in February 2023 at AED 1,268 per sqft, 31% above what four-beds in Al Reem 1 were fetching at the time (AED 966). TH343's AED 150,000 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 →

TH343, Al Reem 1 in numbers

  • Sold 4 times: first on 27 December 2007 for AED 1,128,713, last on 28 February 2023 for AED 2,900,000 (AED 1,268 per sqft).
  • Rented since May 2020 on 4 Ejari contracts, from AED 140,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 28 February 2023.

Questions about TH343, Al Reem 1

What did villa TH343 last sell for?

AED 2,900,000 on 28 February 2023: AED 1,268 per sqft for 2,287 sqft. The villa has 4 registered sales; the first was AED 1,128,713 in December 2007.

What is the rent for villa TH343?

AED 150,000 a year on the contract signed on 4 September 2022. The previous contract, from September 2021, was AED 150,000; the villa has been rented since May 2020.

How big is villa TH343?

2,287 sqft (212.5 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH343 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 TH343, Al Reem 1

Starts from the last sale price (AED 2.9M, 28 February 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

Plus AED 126,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →