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

TH387, Al Reem 1

Sold prices and rental history: sold 4 times, last in March 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH387 · DLD and Ejari recordsUpdated 26 March 2017
Last soldAED 2.93M26 March 2017
Current rentAED 215K /yr12 November 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH387, Al Reem 1

What is TH387 worth today?

Last sold for AED 2,925,000 in 2017

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26 Mar 2017SoldReady
AED 2,925,000AED 1,072 per sqft
12 Nov 2015RentedRenewal
AED 215,000/yr12 months · AED 79 per sqft
26 Jun 2013RentedNew contract
AED 195,000/yr12 months · AED 71 per sqft
14 Apr 2013SoldReady
AED 2,900,000AED 1,062 per sqft
14 Feb 2011SoldReady
AED 2,100,000AED 769 per sqft
14 Apr 2008Sold by developerReady
AED 975,888AED 357 per sqft

Source: Dubai Land Department. Updated 26 March 2017.

Key facts

Type
5-bed villa
Size
2,728 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 2.93M · March 2017
Community
Al Reem 1

About TH387, Al Reem 1

TH387 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 26 March 2017 for AED 2,925,000, or AED 1,072 per sqft, 5% above the AED 1,022 five-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 12 November 2015, is AED 215,000 a year: a gross yield of 7.3% on the 2017 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH387 over time

Sales
Villa TH387, 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, April 2008: AED 975,888 (AED 357 per sqft)Sold, February 2011: AED 2,100,000 (AED 769 per sqft)Sold, April 2013: AED 2,900,000 (AED 1,062 per sqft)Sold, March 2017: AED 2,925,000 (AED 1,072 per sqft)

TH387 has sold 4 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH387, 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 2013: AED 195,000 a yearRenewal, November 2015: AED 215,000 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 TH387 sits

All 120 5-beds →

TH387 last sold in March 2017 at AED 1,072 per sqft, 5% above what five-beds in Al Reem 1 were fetching at the time (AED 1,022). TH387's AED 215,000 is in the lower half 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH387, Al Reem 1 in numbers

  • Sold 4 times: first on 14 April 2008 for AED 975,888, last on 26 March 2017 for AED 2,925,000 (AED 1,072 per sqft).
  • Rented since June 2013 on 2 Ejari contracts, from AED 195,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2017 price is 7.3%, before a service charge of about AED 8,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 26 March 2017.

Questions about TH387, Al Reem 1

What did villa TH387 last sell for?

AED 2,925,000 on 26 March 2017: AED 1,072 per sqft for 2,728 sqft. The villa has 4 registered sales; the first was AED 975,888 in April 2008.

What is the rent for villa TH387?

AED 215,000 a year on the contract renewed on 12 November 2015. The previous contract, from June 2013, was AED 195,000.

How big is villa TH387?

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

What is villa TH387 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 TH387, Al Reem 1

Starts from the last sale price (AED 2.93M, 26 March 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,925,000
Deposit, UAE resident (20%)
AED 585,000
Deposit, non-resident (40%)
AED 1,170,000
Monthly over 25 years at 3.7%
AED 11,967

Plus AED 127,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →