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4-bed · 2,272 sqftAl Reem 1, Arabian Ranches · completed 2007

TH374, Al Reem 1

Sold prices and rental history: sold 4 times, last in October 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH374 · DLD and Ejari recordsUpdated 25 October 2020
Last soldAED 1.6M25 October 2020
Current rentAED 120K /yr9 April 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH374, Al Reem 1

What is TH374 worth today?

Last sold for AED 1,600,000 in 2020

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25 Oct 2020SoldReady
AED 1,600,000AED 704 per sqft
9 Apr 2019RentedRenewal
AED 120,000/yr12 months · AED 53 per sqft
9 Apr 2018RentedRenewal
AED 127,000/yr12 months · AED 56 per sqft
9 Oct 2016RentedRenewal
AED 170,000/yr12 months · AED 75 per sqft
9 Oct 2015RentedRenewal
AED 170,000/yr12 months · AED 75 per sqft
12 Nov 2012SoldReady
AED 2,230,000AED 981 per sqft
9 Jun 2011SoldReady
AED 1,615,000AED 710 per sqft
30 Dec 2008Sold by developerReady
AED 2,147,000AED 944 per sqft

Source: Dubai Land Department. Updated 25 October 2020.

Key facts

Type
4-bed villa
Size
2,272 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 1.6M · October 2020
Community
Al Reem 1

About TH374, Al Reem 1

TH374 is a four-bedroom villa of 2,272 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 25 October 2020 for AED 1,600,000, or AED 704 per sqft, 19% above the AED 594 four-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, renewed on 9 April 2019, is AED 120,000 a year: a gross yield of 7.5% on the 2020 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH374 over time

Sales
Villa TH374, each saleTypical four-bed in Al Reem 1
1M2M3M2007201220172022Typical sale price by year: 2007 AED 667,388; 2008 AED 1,051,000; 2009 AED 1,400,000; 2010 AED 1,062,500; 2011 AED 1,450,000; 2012 AED 1,795,000; 2013 AED 2,150,000; 2014 AED 2,637,500; 2015 AED 2,250,000; 2016 AED 2,300,000; 2017 AED 2,150,000; 2018 AED 1,800,000; 2019 AED 1,650,000; 2020 AED 1,430,000; 2021 AED 1,975,000; 2022 AED 2,325,000; 2023 AED 2,667,938Sold by developer, December 2008: AED 2,147,000 (AED 944 per sqft)Sold, June 2011: AED 1,615,000 (AED 710 per sqft)Sold, November 2012: AED 2,230,000 (AED 981 per sqft)Sold, October 2020: AED 1,600,000 (AED 704 per sqft)

TH374 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH374, each contractTypical four-bed in Al Reem 1
100K150K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 135,000; 2013 AED 148,500; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 147,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 112,000; 2022 AED 135,000; 2023 AED 147,500; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 204,750Renewal, October 2015: AED 170,000 a yearRenewal, October 2016: AED 170,000 a yearRenewal, April 2018: AED 127,000 a yearRenewal, April 2019: AED 120,000 a year

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

4-beds in Al Reem 1, and where TH374 sits

All 176 4-beds →

TH374 last sold in October 2020 at AED 704 per sqft, 19% above what four-beds in Al Reem 1 were fetching at the time (AED 594). TH374's AED 120,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
23 Jun 20232,595,000
2 Jun 20232,850,000
31 May 20231,325,000
12 May 20232,900,000
0 4-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 →

TH374, Al Reem 1 in numbers

  • Sold 4 times: first on 30 December 2008 for AED 2,147,000, last on 25 October 2020 for AED 1,600,000 (AED 704 per sqft).
  • Rented since October 2015 on 4 Ejari contracts, from AED 170,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 7.5%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 25 October 2020.

Questions about TH374, Al Reem 1

What did villa TH374 last sell for?

AED 1,600,000 on 25 October 2020: AED 704 per sqft for 2,272 sqft. The villa has 4 registered sales; the first was AED 2,147,000 in December 2008.

What is the rent for villa TH374?

AED 120,000 a year on the contract renewed on 9 April 2019. The previous contract, from April 2018, was AED 127,000; the villa has been rented since October 2015.

How big is villa TH374?

2,272 sqft (211.1 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH374 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 TH374, Al Reem 1

Starts from the last sale price (AED 1.6M, 25 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →