4-bed · 2,475 sqftAl Reem 1, Arabian Ranches · completed 2007

TH377, Al Reem 1

Sold prices and rental history: sold twice, last in December 2015, and rented continuously since 2011. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH377 · DLD and Ejari recordsUpdated 22 December 2015
Last soldAED 2.25M22 December 2015
Current rentAED 175K /yr7 December 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH377, Al Reem 1

What is TH377 worth today?

Last sold for AED 2,250,000 in 2015

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22 Dec 2015SoldReady
AED 2,250,000AED 909 per sqft
7 Dec 2014RentedNew contract
AED 175,000/yr12 months · AED 71 per sqft
24 Oct 2013RentedNew contract
AED 141,750/yr12 months · AED 57 per sqft
26 Aug 2013RentedNew contract
AED 325,000/yr12 months · AED 131 per sqft
21 Oct 2011RentedNew contract
AED 110,000/yr12 months · AED 44 per sqft
19 Aug 2008Sold by developerReady
AED 1,300,000AED 525 per sqft

Source: Dubai Land Department. Updated 22 December 2015.

Key facts

Type
4-bed villa
Size
2,475 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,600 /yr
Last sold
AED 2.25M · December 2015
Community
Al Reem 1

About TH377, Al Reem 1

TH377 is a four-bedroom villa of 2,475 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 22 December 2015 for AED 2,250,000, or AED 909 per sqft, 6% below the AED 965 four-beds in the community were fetching at the time.

It has been rented continuously since 2011 on 4 Ejari contracts. The current contract, signed on 7 December 2014, is AED 175,000 a year: a gross yield of 7.8% on the 2015 price, before the service charge of about AED 7,600 a year.

Sales and rents for TH377 over time

Sales
Villa TH377, 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, August 2008: AED 1,300,000 (AED 525 per sqft)Sold, December 2015: AED 2,250,000 (AED 909 per sqft)

TH377 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH377, each contractTypical four-bed in Al Reem 1
100K200K300K20112015201920232027Typical 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 204,750New contract, October 2011: AED 110,000 a yearNew contract, August 2013: AED 325,000 a yearNew contract, October 2013: AED 141,750 a yearNew contract, December 2014: AED 175,000 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 TH377 sits

All 176 4-beds →

TH377 last sold in December 2015 at AED 909 per sqft, 6% below what four-beds in Al Reem 1 were fetching at the time (AED 965). TH377's AED 175,000 is in the lower half 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 →

TH377, Al Reem 1 in numbers

  • Sold twice: first on 19 August 2008 for AED 1,300,000, last on 22 December 2015 for AED 2,250,000 (AED 909 per sqft).
  • Rented since October 2011 on 4 Ejari contracts, from AED 110,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2015 price is 7.8%, before a service charge of about AED 7,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 22 December 2015.

Questions about TH377, Al Reem 1

What did villa TH377 last sell for?

AED 2,250,000 on 22 December 2015: AED 909 per sqft for 2,475 sqft. The villa has 2 registered sales; the first was AED 1,300,000 in August 2008.

What is the rent for villa TH377?

AED 175,000 a year on the contract signed on 7 December 2014. The previous contract, from October 2013, was AED 141,750; the villa has been rented since October 2011.

How big is villa TH377?

2,475 sqft (229.9 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH377 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 TH377, Al Reem 1

Starts from the last sale price (AED 2.25M, 22 December 2015). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →