5-bed · 3,037 sqftAl Reem 1, Arabian Ranches · completed 2007

TH348, Al Reem 1

Sold prices and rental history: sold 3 times, last in September 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH348 · DLD and Ejari recordsUpdated 7 September 2020
Last soldAED 1.9M7 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH348, Al Reem 1

What is TH348 worth today?

Last sold for AED 1,900,000 in 2020

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7 Sep 2020SoldReady
AED 1,900,000AED 625 per sqft
6 Nov 2018SoldReady
AED 2,000,000AED 658 per sqft
24 Jul 2018Sold by developerReady
AED 1,700,000AED 559 per sqft

Source: Dubai Land Department. Updated 7 September 2020.

Key facts

Type
5-bed villa
Size
3,037 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 1.9M · September 2020
Community
Al Reem 1

About TH348, Al Reem 1

TH348 is a five-bedroom villa of 3,037 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 7 September 2020 for AED 1,900,000, or AED 625 per sqft, 10% below the AED 694 five-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH348 over time

Sales
Villa TH348, each saleTypical five-bed in Al Reem 1
2M2007201220172022Typical sale price by year: 2007 AED 785,888; 2008 AED 1,197,944; 2009 AED 907,888; 2010 AED 1,287,500; 2011 AED 1,475,000; 2012 AED 1,300,000; 2013 AED 2,980,000; 2014 AED 3,500,000; 2015 AED 2,700,000; 2016 AED 2,750,000; 2017 AED 2,900,000; 2018 AED 2,150,000; 2019 AED 1,962,500; 2020 AED 1,900,000; 2021 AED 2,450,000; 2022 AED 2,850,000; 2023 AED 3,400,000Sold by developer, July 2018: AED 1,700,000 (AED 559 per sqft)Sold, November 2018: AED 2,000,000 (AED 658 per sqft)Sold, September 2020: AED 1,900,000 (AED 625 per sqft)

TH348 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH348, each contractTypical five-bed in Al Reem 1
150K200K2012201620202024Typical rent by year: 2012 AED 156,250; 2013 AED 170,000; 2014 AED 185,000; 2015 AED 194,890; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 157,000; 2019 AED 146,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 147,500; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 222,421

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 TH348 sits

All 120 5-beds →

TH348 last sold in September 2020 at AED 625 per sqft, 10% below what five-beds in Al Reem 1 were fetching at the time (AED 694).

Recent 5-bed salesVilla no.Price (AED)Summary
16 Jun 20233,300,000
9 Jun 20233,900,000
6 Jun 20233,350,000
6 Jun 20233,650,000
0 5-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 →

TH348, Al Reem 1 in numbers

  • Sold 3 times: first on 24 July 2018 for AED 1,700,000, last on 7 September 2020 for AED 1,900,000 (AED 625 per sqft).

Source: Dubai Land Department. Updated 7 September 2020.

Questions about TH348, Al Reem 1

What did villa TH348 last sell for?

AED 1,900,000 on 7 September 2020: AED 625 per sqft for 3,037 sqft. The villa has 3 registered sales; the first was AED 1,700,000 in July 2018.

How big is villa TH348?

3,037 sqft (282.1 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH348 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 TH348, Al Reem 1

Starts from the last sale price (AED 1.9M, 7 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

Plus AED 84,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →