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5-bed · 3,052 sqftAl Reem 1, Arabian Ranches · completed 2007

TH353, Al Reem 1

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH353 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 870K9 November 2008
Current rentAED 162K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH353, Al Reem 1

What is TH353 worth today?

Last sold for AED 869,888 in 2008

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1 Jul 2023RentedRenewal
AED 162,000/yr12 months · AED 53 per sqft
1 Jul 2022RentedRenewal
AED 135,000/yr12 months · AED 44 per sqft
1 Jul 2021RentedNew contract
AED 135,000/yr12 months · AED 44 per sqft
13 Dec 2018RentedNew contract
AED 139,865/yr43 months · AED 46 per sqft
6 Oct 2017RentedNew contract
AED 150,000/yr12 months · AED 49 per sqft
30 Jun 2015RentedNew contract
AED 150,404/yr12 months · AED 49 per sqft
11 Jan 2014RentedNew contract
AED 165,000/yr12 months · AED 54 per sqft
9 Nov 2008Sold by developerReady
AED 869,888AED 284 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
5-bed villa
Size
3,052 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 870K · November 2008
Community
Al Reem 1

About TH353, Al Reem 1

TH353 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 9 November 2008 for AED 869,888, or AED 284 per sqft, 30% below the AED 405 five-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 7 Ejari contracts. The current contract, renewed on 1 July 2023, is AED 162,000 a year: a gross yield of 18.6% on the 2008 price, before the service charge of about AED 9,400 a year.

Sales and rents for TH353 over time

Sales
Villa TH353, 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, November 2008: AED 869,888 (AED 284 per sqft)

TH353 has sold once; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH353, 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 222,421New contract, January 2014: AED 165,000 a yearNew contract, June 2015: AED 150,404 a yearNew contract, October 2017: AED 150,000 a yearNew contract, December 2018: AED 139,865 a yearNew contract, July 2021: AED 135,000 a yearRenewal, July 2022: AED 135,000 a yearRenewal, July 2023: AED 162,000 a year

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 TH353 sits

All 120 5-beds →

TH353 last sold in November 2008 at AED 284 per sqft, 30% below what five-beds in Al Reem 1 were fetching at the time (AED 405). TH353's AED 162,000 is at the bottom of that range.

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 →

TH353, Al Reem 1 in numbers

  • Sold once: by Emaar on 9 November 2008 for AED 869,888, or AED 284 per sqft.
  • Rented since January 2014 on 7 Ejari contracts. The rent fell from AED 165,000 to AED 135,000 in 2022 and recovered to AED 162,000 by July 2023.
  • At AED 162,000 a year the gross yield on the 2008 price is 18.6%, before a service charge of about AED 9,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 July 2023.

Questions about TH353, Al Reem 1

What did villa TH353 last sell for?

AED 869,888 on 9 November 2008, sold by the developer: AED 284 per sqft for 3,052 sqft. It is the only registered sale of the villa.

What is the rent for villa TH353?

AED 162,000 a year on the contract renewed on 1 July 2023. The previous contract, from July 2022, was AED 135,000; the villa has been rented since January 2014.

How big is villa TH353?

3,052 sqft (283.5 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH353 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 TH353, Al Reem 1

Starts from the last sale price (AED 870K, 9 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 869,888
Deposit, UAE resident (20%)
AED 173,978
Deposit, non-resident (40%)
AED 347,955
Monthly over 25 years at 3.7%
AED 3,559

Plus AED 41,546 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →