Home
Dubai prices
About
Research
3-bed · 2,287 sqftAl Reem 1, Arabian Ranches · completed 2007

TH371, Al Reem 1

Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH371 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 4.6M21 October 2024
Current rentAED 142K /yr12 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH371

Property timeline for TH371, Al Reem 1

What is TH371 worth today?

Last sold for AED 4,600,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Oct 2024SoldReady
AED 4,600,000AED 2,011 per sqft
14 Aug 2023SoldReady
AED 2,900,000AED 1,268 per sqft
12 Nov 2022RentedRenewal
AED 141,750/yr12 months · AED 62 per sqft
12 Nov 2021RentedNew contract
AED 135,000/yr12 months · AED 59 per sqft
1 May 2020RentedNew contract
AED 100,000/yr13 months · AED 44 per sqft
28 Dec 2019RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft
20 Jun 2017RentedNew contract
AED 150,000/yr12 months · AED 66 per sqft
5 Dec 2012SoldReady
AED 2,200,000AED 962 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
3-bed villa
Size
2,287 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 4.6M · October 2024
Community
Al Reem 1

About TH371, Al Reem 1

TH371 is a three-bedroom villa of 2,287 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 21 October 2024 for AED 4,600,000, or AED 2,011 per sqft, 34% above the AED 1,496 three-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 12 November 2022, is AED 141,750 a year: a gross yield of 3.1% on the 2024 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH371 over time

Sales
Villa TH371, each saleTypical three-bed in Al Reem 1
02M4M20072012201720222027Typical sale price by year: 2007 AED 680,194; 2008 AED 1,195,000; 2009 AED 1,050,000; 2010 AED 869,944; 2011 AED 1,050,000; 2012 AED 1,600,000; 2013 AED 2,375,000; 2014 AED 2,525,000; 2015 AED 2,412,500; 2016 AED 2,887,500; 2017 AED 2,000,000; 2018 AED 1,710,000; 2019 AED 1,575,000; 2020 AED 1,450,000; 2021 AED 2,122,500; 2022 AED 2,355,000; 2023 AED 3,400,000; 2024 AED 3,830,000; 2025 AED 4,800,000; 2026 AED 4,825,000Sold by developer, July 2008: AED 3,250,000 (AED 1,421 per sqft)Sold, July 2008: AED 2,300,000 (AED 1,005 per sqft)Sold, December 2012: AED 2,200,000 (AED 962 per sqft)Sold, August 2023: AED 2,900,000 (AED 1,268 per sqft)Sold, October 2024: AED 4,600,000 (AED 2,011 per sqft)

TH371 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH371, each contractTypical three-bed in Al Reem 1
100K150K2012201620202024Typical rent by year: 2012 AED 127,500; 2013 AED 147,500; 2014 AED 163,544; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 143,573; 2018 AED 135,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 139,575; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 168,438New contract, June 2017: AED 150,000 a yearNew contract, December 2019: AED 115,000 a yearNew contract, May 2020: AED 100,000 a yearNew contract, November 2021: AED 135,000 a yearRenewal, November 2022: AED 141,750 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Al Reem 1, and where TH371 sits

All 157 3-beds →

TH371 last sold in October 2024 at AED 2,011 per sqft, 34% above what three-beds in Al Reem 1 were fetching at the time (AED 1,496). Over the last 12 months three-beds sold for AED 4,100,000 to 7,100,000, around AED 1,961 per sqft, and rent for AED 130,000 to 228,526 a year. TH371's AED 141,750 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
5 Feb 20264,550,000
2 Feb 20267,100,000
22 Jan 20264,750,000
21 Jan 20264,500,000
13 3-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 →

TH371, Al Reem 1 in numbers

  • Sold 5 times: first on 17 July 2008 for AED 2,300,000, last on 21 October 2024 for AED 4,600,000 (AED 2,011 per sqft).
  • Rented since June 2017 on 5 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2020 and recovered to AED 141,750 by November 2022.
  • At AED 141,750 a year the gross yield on the 2024 price is 3.1%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 1 sold for AED 4,100,000–7,100,000 in the 12 months to November 2026; the community's median across all types is AED 1,989 per sqft.

Source: Dubai Land Department. Updated 21 October 2024.

Questions about TH371, Al Reem 1

What did villa TH371 last sell for?

AED 4,600,000 on 21 October 2024: AED 2,011 per sqft for 2,287 sqft. The villa has 5 registered sales; the first was AED 2,300,000 in July 2008.

What is the rent for villa TH371?

AED 141,750 a year on the contract renewed on 12 November 2022. The previous contract, from November 2021, was AED 135,000; the villa has been rented since June 2017.

How big is villa TH371?

2,287 sqft (212.5 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH371 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 1 sold for AED 4,100,000 to 7,100,000 in the last 12 months, around AED 1,961 per sqft.

Selling TH371? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH371, Al Reem 1

Starts from the last sale price (AED 4.6M, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

Plus AED 198,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →