TH347, Al Reem 1
Sold prices and rental history: sold twice, last in May 2013, 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 TH347, Al Reem 1
What is TH347 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 5-bed villa
- Size
- 2,889 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 8,900 /yr
- Last sold
- AED 3.19M · May 2013
- Community
- Al Reem 1
About TH347, Al Reem 1
TH347 is a five-bedroom villa of 2,889 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 16 May 2013 for AED 3,185,000, or AED 1,102 per sqft, 32% above the AED 832 five-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 190,000 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 8,900 a year.
Sales and rents for TH347 over time
TH347 has sold twice; the dashed line is the five-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.
5-beds in Al Reem 1, and where TH347 sits
All 120 5-beds →TH347 last sold in May 2013 at AED 1,102 per sqft, 32% above what five-beds in Al Reem 1 were fetching at the time (AED 832). TH347's AED 190,000 is in the lower half of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202316 June 2023 | 2,737 sqft | 3,300,000 | 1,205 | ||
| 9 Jun 20239 June 2023 | 2,718 sqft | 3,900,000 | 1,434 | ||
| 6 Jun 20236 June 2023 | 2,721 sqft | 3,350,000 | 1,231 | ||
| 6 Jun 20236 June 2023 | 2,888 sqft | 3,650,000 | 1,263 |
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 195K /yr
- Typical yield
- 4.3%
TH347, Al Reem 1 in numbers
- Sold twice: first on 12 February 2008 for AED 1,170,888, last on 16 May 2013 for AED 3,185,000 (AED 1,102 per sqft).
- Rented since November 2013 on 12 Ejari contracts. The rent fell from AED 200,000 to AED 140,000 in 2021 and recovered to AED 190,000 by May 2025.
- At AED 190,000 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 8,900 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 1 May 2025.
Questions about TH347, Al Reem 1
What did villa TH347 last sell for?
AED 3,185,000 on 16 May 2013: AED 1,102 per sqft for 2,889 sqft. The villa has 2 registered sales; the first was AED 1,170,888 in February 2008.
What is the rent for villa TH347?
AED 190,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 180,000; the villa has been rented since November 2013.
How big is villa TH347?
2,889 sqft (268.4 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.
What is villa TH347 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 TH347, Al Reem 1
Starts from the last sale price (AED 3.19M, 16 May 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 3,185,000
- Deposit, UAE resident (20%)
- AED 637,000
- Deposit, non-resident (40%)
- AED 1,274,000
- Monthly over 25 years at 3.7%
- AED 13,031
Plus AED 138,780 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →