TH349, Al Reem 1
Sold prices and rental history: sold once, by the developer in October 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH349, Al Reem 1
What is TH349 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.
Key facts
- Type
- 5-bed villa
- Size
- 3,052 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 9,400 /yr
- Last sold
- AED 480K · October 2008
- Community
- Al Reem 1
About TH349, Al Reem 1
TH349 is a five-bedroom villa of 3,052 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 28 October 2008 for AED 479,944, or AED 157 per sqft, 60% below the AED 395 five-beds in the community were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 1 November 2023, is AED 240,000 a year: a gross yield of 50.0% on the 2008 price, before the service charge of about AED 9,400 a year.
Sales and rents for TH349 over time
TH349 has sold once; 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 TH349 sits
All 120 5-beds →TH349 last sold in October 2008 at AED 157 per sqft, 60% below what five-beds in Al Reem 1 were fetching at the time (AED 395). TH349's AED 240,000 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 198K /yr
- Typical yield
- 4.3%
TH349, Al Reem 1 in numbers
- Sold once: by Emaar on 28 October 2008 for AED 479,944, or AED 157 per sqft.
- Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 177,500 to AED 115,000 in 2020 and recovered to AED 240,000 by November 2023.
- At AED 240,000 a year the gross yield on the 2008 price is 50.0%, before a service charge of about AED 9,400 a year (AED 3.08 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 November 2023.
Questions about TH349, Al Reem 1
What did villa TH349 last sell for?
AED 479,944 on 28 October 2008, sold by the developer: AED 157 per sqft for 3,052 sqft. It is the only registered sale of the villa.
What is the rent for villa TH349?
AED 240,000 a year on the contract signed on 1 November 2023. The previous contract, from November 2022, was AED 126,500; the villa has been rented since November 2012.
How big is villa TH349?
3,052 sqft (283.5 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.
What is villa TH349 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 TH349, Al Reem 1
Starts from the last sale price (AED 480K, 28 October 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 479,944
- Deposit, UAE resident (20%)
- AED 95,989
- Deposit, non-resident (40%)
- AED 191,978
- Monthly over 25 years at 3.7%
- AED 1,964
Plus AED 23,068 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →