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3-bed · 2,460 sqftAl Reem 1, Arabian Ranches · completed 2007

TH372, Al Reem 1

Sold prices and rental history: sold 5 times, last in June 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH372 · DLD and Ejari recordsUpdated 24 June 2024
Last soldAED 3.95M24 June 2024
Current rentAED 115K /yr1 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH372, Al Reem 1

What is TH372 worth today?

Last sold for AED 3,950,000 in 2024

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24 Jun 2024SoldReady
AED 3,950,000AED 1,605 per sqft
28 Sep 2023SoldReady
AED 3,250,000AED 1,320 per sqft
1 Feb 2022RentedRenewal
AED 115,000/yr12 months · AED 47 per sqft
1 Feb 2021RentedNew contract
AED 100,000/yr12 months · AED 41 per sqft
13 Mar 2018SoldReady
AED 1,820,000AED 739 per sqft
1 Feb 2018RentedRenewal
AED 100,000/yr36 months · AED 41 per sqft
1 Feb 2016RentedNew contract
AED 148,000/yr12 months · AED 60 per sqft
16 Jun 2008SoldReady
AED 2,301,000AED 935 per sqft

Source: Dubai Land Department. Updated 24 June 2024.

Key facts

Type
3-bed villa
Size
2,460 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,600 /yr
Last sold
AED 3.95M · June 2024
Community
Al Reem 1

About TH372, Al Reem 1

TH372 is a three-bedroom villa of 2,460 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 24 June 2024 for AED 3,950,000, or AED 1,605 per sqft, 14% above the AED 1,404 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 4 Ejari contracts. The current contract, renewed on 1 February 2022, is AED 115,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 7,600 a year.

Sales and rents for TH372 over time

Sales
Villa TH372, 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, April 2008: AED 624,888 (AED 253 per sqft)Sold, June 2008: AED 2,301,000 (AED 935 per sqft)Sold, March 2018: AED 1,820,000 (AED 739 per sqft)Sold, September 2023: AED 3,250,000 (AED 1,320 per sqft)Sold, June 2024: AED 3,950,000 (AED 1,605 per sqft)

TH372 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH372, 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, February 2016: AED 148,000 a yearRenewal, February 2018: AED 100,000 a yearNew contract, February 2021: AED 100,000 a yearRenewal, February 2022: AED 115,000 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 TH372 sits

All 157 3-beds →

TH372 last sold in June 2024 at AED 1,605 per sqft, 14% above what three-beds in Al Reem 1 were fetching at the time (AED 1,404). 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. TH372's AED 115,000 is at the bottom 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH372, Al Reem 1 in numbers

  • Sold 5 times: first on 14 April 2008 for AED 624,888, last on 24 June 2024 for AED 3,950,000 (AED 1,605 per sqft).
  • Rented since February 2016 on 4 Ejari contracts. The rent fell from AED 148,000 to AED 100,000 in 2021 and recovered to AED 115,000 by February 2022.
  • At AED 115,000 a year the gross yield on the 2024 price is 2.9%, before a service charge of about AED 7,600 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 24 June 2024.

Questions about TH372, Al Reem 1

What did villa TH372 last sell for?

AED 3,950,000 on 24 June 2024: AED 1,605 per sqft for 2,460 sqft. The villa has 5 registered sales; the first was AED 624,888 in April 2008.

What is the rent for villa TH372?

AED 115,000 a year on the contract renewed on 1 February 2022. The previous contract, from February 2021, was AED 100,000; the villa has been rented since February 2016.

How big is villa TH372?

2,460 sqft (228.5 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH372 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.

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Mortgage on TH372, Al Reem 1

Starts from the last sale price (AED 3.95M, 24 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

Plus AED 170,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →