5-bed · 2,874 sqftAl Reem 1, Arabian Ranches · completed 2007

TH358, Al Reem 1

Sold prices and rental history: sold twice, last in February 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH358 · DLD and Ejari recordsUpdated 23 February 2021
Last soldAED 2.2M23 February 2021
Current rentAED 185K /yr15 January 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH358, Al Reem 1

What is TH358 worth today?

Last sold for AED 2,200,000 in 2021

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23 Feb 2021SoldReady
AED 2,200,000AED 765 per sqft
15 Jan 2020RentedRenewal
AED 185,000/yr12 months · AED 64 per sqft
15 Jan 2019RentedRenewal
AED 195,000/yr12 months · AED 68 per sqft
15 Jan 2017RentedNew contract
AED 217,000/yr12 months · AED 76 per sqft
15 Jan 2016RentedRenewal
AED 217,000/yr12 months · AED 76 per sqft
15 Jan 2015RentedNew contract
AED 220,000/yr12 months · AED 77 per sqft
1 Apr 2014RentedNew contract
AED 184,800/yr9 months · AED 64 per sqft
31 Mar 2012RentedNew contract
AED 160,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 23 February 2021.

Key facts

Type
5-bed villa
Size
2,874 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 2.2M · February 2021
Community
Al Reem 1

About TH358, Al Reem 1

TH358 is a five-bedroom villa of 2,874 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 23 February 2021 for AED 2,200,000, or AED 765 per sqft, 15% above the AED 664 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 15 January 2020, is AED 185,000 a year: a gross yield of 8.4% on the 2021 price, before the service charge of about AED 8,900 a year.

Sales and rents for TH358 over time

Sales
Villa TH358, 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, October 2010: AED 1,519,800 (AED 528 per sqft)Sold, February 2021: AED 2,200,000 (AED 765 per sqft)

TH358 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH358, 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, March 2012: AED 160,000 a yearNew contract, April 2014: AED 184,800 a yearNew contract, January 2015: AED 220,000 a yearRenewal, January 2016: AED 217,000 a yearNew contract, January 2017: AED 217,000 a yearRenewal, January 2019: AED 195,000 a yearRenewal, January 2020: AED 185,000 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 TH358 sits

All 120 5-beds →

TH358 last sold in February 2021 at AED 765 per sqft, 15% above what five-beds in Al Reem 1 were fetching at the time (AED 664). TH358's AED 185,000 is in the lower half 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 →

TH358, Al Reem 1 in numbers

  • Sold twice: first on 5 October 2010 for AED 1,519,800, last on 23 February 2021 for AED 2,200,000 (AED 765 per sqft).
  • Rented since March 2012 on 7 Ejari contracts, from AED 160,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2021 price is 8.4%, before a service charge of about AED 8,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 23 February 2021.

Questions about TH358, Al Reem 1

What did villa TH358 last sell for?

AED 2,200,000 on 23 February 2021: AED 765 per sqft for 2,874 sqft. The villa has 2 registered sales; the first was AED 1,519,800 in October 2010.

What is the rent for villa TH358?

AED 185,000 a year on the contract renewed on 15 January 2020. The previous contract, from January 2019, was AED 195,000; the villa has been rented since March 2012.

How big is villa TH358?

2,874 sqft (267.0 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH358 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 TH358, Al Reem 1

Starts from the last sale price (AED 2.2M, 23 February 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →