3-bed · 2,282 sqftAl Reem 1, Arabian Ranches · completed 2007

TH379, Al Reem 1

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH379 · DLD and Ejari recordsUpdated 8 July 2024
Last soldAED 4.6M8 July 2024
Current rentAED 115K /yr1 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH379, Al Reem 1

What is TH379 worth today?

Last sold for AED 4,600,000 in 2024

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8 Jul 2024SoldReady
AED 4,600,000AED 2,016 per sqft
8 Nov 2023SoldReady
AED 3,050,000AED 1,336 per sqft
1 Dec 2022RentedRenewal
AED 115,000/yr12 months · AED 50 per sqft
1 Dec 2022RentedNew contract
AED 115,000/yr12 months · AED 50 per sqft
1 Dec 2020RentedNew contract
AED 100,000/yr12 months · AED 44 per sqft
27 Oct 2019RentedRenewal
AED 130,000/yr12 months · AED 57 per sqft
27 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 57 per sqft
14 Oct 2016RentedNew contract
AED 196,472/yr12 months · AED 86 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 July 2024.

Key facts

Type
3-bed villa
Size
2,282 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 4.6M · July 2024
Community
Al Reem 1

About TH379, Al Reem 1

TH379 is a three-bedroom villa of 2,282 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 8 July 2024 for AED 4,600,000, or AED 2,016 per sqft, 44% above the AED 1,404 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, renewed on 1 December 2022, is AED 115,000 a year: a gross yield of 2.5% on the 2024 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH379 over time

Sales
Villa TH379, 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, December 2009: AED 983,800 (AED 431 per sqft)Sold, July 2014: AED 3,375,000 (AED 1,479 per sqft)Sold, November 2023: AED 3,050,000 (AED 1,336 per sqft)Sold, July 2024: AED 4,600,000 (AED 2,016 per sqft)

TH379 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH379, each contractTypical three-bed in Al Reem 1
100K150K200K2012201620202024Typical 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, October 2016: AED 196,472 a yearNew contract, October 2018: AED 130,000 a yearRenewal, October 2019: AED 130,000 a yearNew contract, December 2020: AED 100,000 a yearRenewal, December 2022: AED 115,000 a yearNew contract, December 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 TH379 sits

All 157 3-beds →

TH379 last sold in July 2024 at AED 2,016 per sqft, 44% 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. TH379'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 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH379, Al Reem 1 in numbers

  • Sold 4 times: first on 10 December 2009 for AED 983,800, last on 8 July 2024 for AED 4,600,000 (AED 2,016 per sqft).
  • Rented since October 2016 on 6 Ejari contracts. The rent fell from AED 196,472 to AED 100,000 in 2020 and recovered to AED 115,000 by December 2022.
  • At AED 115,000 a year the gross yield on the 2024 price is 2.5%, 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: YallaValue analysis of Dubai Land Department records. Updated 8 July 2024.

Questions about TH379, Al Reem 1

What did villa TH379 last sell for?

AED 4,600,000 on 8 July 2024: AED 2,016 per sqft for 2,282 sqft. The villa has 4 registered sales; the first was AED 983,800 in December 2009.

What is the rent for villa TH379?

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

How big is villa TH379?

2,282 sqft (212.0 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH379 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 TH379, Al Reem 1

Starts from the last sale price (AED 4.6M, 8 July 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 →