4-bed · 2,272 sqftAl Reem 1, Arabian Ranches · completed 2007

TH346, Al Reem 1

Sold prices and rental history: sold 3 times, last in February 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH346 · DLD and Ejari recordsUpdated 4 February 2015
Last soldAED 2.9M4 February 2015
Current rentAED 171K /yr13 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH346, Al Reem 1

What is TH346 worth today?

Last sold for AED 2,900,000 in 2015

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4 Feb 2015SoldReady
AED 2,900,000AED 1,276 per sqft
13 May 2014RentedNew contract
AED 170,500/yr12 months · AED 75 per sqft
14 May 2013RentedNew contract
AED 155,000/yr12 months · AED 68 per sqft
11 Apr 2013SoldReady
AED 1,200,000AED 528 per sqft
8 Jan 2008Sold by developerReady
AED 866,500AED 381 per sqft

Source: Dubai Land Department. Updated 4 February 2015.

Key facts

Type
4-bed villa
Size
2,272 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 2.9M · February 2015
Community
Al Reem 1

About TH346, Al Reem 1

TH346 is a four-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 4 February 2015 for AED 2,900,000, or AED 1,276 per sqft, 14% above the AED 1,121 four-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 13 May 2014, is AED 170,500 a year: a gross yield of 5.9% on the 2015 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH346 over time

Sales
Villa TH346, 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, January 2008: AED 866,500 (AED 381 per sqft)Sold, April 2013: AED 1,200,000 (AED 528 per sqft)Sold, February 2015: AED 2,900,000 (AED 1,276 per sqft)

TH346 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH346, 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 2013: AED 155,000 a yearNew contract, May 2014: AED 170,500 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 TH346 sits

All 176 4-beds →

TH346 last sold in February 2015 at AED 1,276 per sqft, 14% above what four-beds in Al Reem 1 were fetching at the time (AED 1,121). TH346's AED 170,500 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 →

TH346, Al Reem 1 in numbers

  • Sold 3 times: first on 8 January 2008 for AED 866,500, last on 4 February 2015 for AED 2,900,000 (AED 1,276 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, from AED 155,000 to AED 170,500 a year.
  • At AED 170,500 a year the gross yield on the 2015 price is 5.9%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 4 February 2015.

Questions about TH346, Al Reem 1

What did villa TH346 last sell for?

AED 2,900,000 on 4 February 2015: AED 1,276 per sqft for 2,272 sqft. The villa has 3 registered sales; the first was AED 866,500 in January 2008.

What is the rent for villa TH346?

AED 170,500 a year on the contract signed on 13 May 2014. The previous contract, from May 2013, was AED 155,000.

How big is villa TH346?

2,272 sqft (211.1 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH346 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 TH346, Al Reem 1

Starts from the last sale price (AED 2.9M, 4 February 2015). 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 →