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5-bed · 2,728 sqftAl Reem 1, Arabian Ranches · completed 2007

TH383, Al Reem 1

Sold prices and rental history: sold twice, last in April 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH383 · DLD and Ejari recordsUpdated 1 April 2021
Last soldAED 2.4M1 April 2021
Current rentAED 160K /yr1 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH383, Al Reem 1

What is TH383 worth today?

Last sold for AED 2,400,000 in 2021

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1 Apr 2021SoldReady
AED 2,400,000AED 879 per sqft
1 Nov 2020RentedRenewal
AED 160,000/yr12 months · AED 59 per sqft
1 Nov 2019RentedNew contract
AED 160,000/yr12 months · AED 59 per sqft
25 Oct 2018RentedRenewal
AED 170,000/yr12 months · AED 62 per sqft
25 Oct 2017RentedRenewal
AED 180,000/yr12 months · AED 66 per sqft
25 Oct 2016RentedRenewal
AED 190,000/yr12 months · AED 70 per sqft
25 Oct 2015RentedNew contract
AED 190,000/yr12 months · AED 70 per sqft
10 Jun 2015RentedNew contract
AED 180,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 1 April 2021.

Key facts

Type
5-bed villa
Size
2,728 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 2.4M · April 2021
Community
Al Reem 1

About TH383, Al Reem 1

TH383 is a five-bedroom villa of 2,728 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 1 April 2021 for AED 2,400,000, or AED 879 per sqft, 30% above the AED 675 five-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 1 November 2020, is AED 160,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH383 over time

Sales
Villa TH383, each saleTypical five-bed in Al Reem 1
2M2007201220172022Typical sale price by year: 2007 AED 785,888; 2008 AED 1,197,944; 2009 AED 907,888; 2010 AED 1,287,500; 2011 AED 1,475,000; 2012 AED 1,300,000; 2013 AED 2,980,000; 2014 AED 3,500,000; 2015 AED 2,700,000; 2016 AED 2,750,000; 2017 AED 2,900,000; 2018 AED 2,150,000; 2019 AED 1,962,500; 2020 AED 1,900,000; 2021 AED 2,450,000; 2022 AED 2,850,000; 2023 AED 3,400,000Sold by developer, January 2009: AED 2,625,000 (AED 962 per sqft)Sold, April 2021: AED 2,400,000 (AED 879 per sqft)

TH383 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH383, each contractTypical five-bed in Al Reem 1
150K200K2012201620202024Typical rent by year: 2012 AED 156,250; 2013 AED 170,000; 2014 AED 185,000; 2015 AED 194,890; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 157,000; 2019 AED 146,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 147,500; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 222,421New contract, June 2015: AED 180,000 a yearNew contract, October 2015: AED 190,000 a yearRenewal, October 2016: AED 190,000 a yearRenewal, October 2017: AED 180,000 a yearRenewal, October 2018: AED 170,000 a yearNew contract, November 2019: AED 160,000 a yearRenewal, November 2020: AED 160,000 a year

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

5-beds in Al Reem 1, and where TH383 sits

All 120 5-beds →

TH383 last sold in April 2021 at AED 879 per sqft, 30% above what five-beds in Al Reem 1 were fetching at the time (AED 675). TH383's AED 160,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
16 Jun 20233,300,000
9 Jun 20233,900,000
6 Jun 20233,350,000
6 Jun 20233,650,000
0 5-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 →

TH383, Al Reem 1 in numbers

  • Sold twice: first on 14 January 2009 for AED 2,625,000, last on 1 April 2021 for AED 2,400,000 (AED 879 per sqft).
  • Rented since June 2015 on 7 Ejari contracts, from AED 180,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 8,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 April 2021.

Questions about TH383, Al Reem 1

What did villa TH383 last sell for?

AED 2,400,000 on 1 April 2021: AED 879 per sqft for 2,728 sqft. The villa has 2 registered sales; the first was AED 2,625,000 in January 2009.

What is the rent for villa TH383?

AED 160,000 a year on the contract renewed on 1 November 2020. The previous contract, from November 2019, was AED 160,000; the villa has been rented since June 2015.

How big is villa TH383?

2,728 sqft (253.4 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH383 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 TH383, Al Reem 1

Starts from the last sale price (AED 2.4M, 1 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →