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5-bed · 2,888 sqftAl Reem 1, Arabian Ranches · completed 2007

TH389, Al Reem 1

Sold prices and rental history: sold 3 times, last in August 2021, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH389 · DLD and Ejari recordsUpdated 25 September 2021
Last soldAED 1.46M19 August 2021
Current rentAED 170K /yr25 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH389, Al Reem 1

What is TH389 worth today?

Last sold for AED 1,462,500 in 2021

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25 Sep 2021RentedNew contract
AED 170,000/yr12 months · AED 59 per sqft
19 Aug 2021SoldReady
AED 1,462,500AED 506 per sqft
25 Sep 2020RentedNew contract
AED 170,000/yr12 months · AED 59 per sqft
14 Jan 2020RentedNew contract
AED 180,000/yr12 months · AED 62 per sqft
1 Nov 2018RentedNew contract
AED 179,501/yr12 months · AED 62 per sqft
19 Mar 2017RentedRenewal
AED 235,000/yr12 months · AED 81 per sqft
19 Mar 2016RentedNew contract
AED 235,000/yr12 months · AED 81 per sqft
23 Jul 2015SoldReady
AED 1,700,000AED 588 per sqft

Source: Dubai Land Department. Updated 25 September 2021.

Key facts

Type
5-bed villa
Size
2,888 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 1.46M · August 2021
Community
Al Reem 1

About TH389, Al Reem 1

TH389 is a five-bedroom villa of 2,888 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 19 August 2021 for AED 1,462,500, or AED 506 per sqft, 35% below the AED 778 five-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 6 Ejari contracts. The current contract, signed on 25 September 2021, is AED 170,000 a year: a gross yield of 11.6% on the 2021 price, before the service charge of about AED 8,900 a year.

Sales and rents for TH389 over time

Sales
Villa TH389, 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, December 2009: AED 1,135,888 (AED 393 per sqft)Sold, July 2015: AED 1,700,000 (AED 588 per sqft)Sold, August 2021: AED 1,462,500 (AED 506 per sqft)

TH389 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH389, each contractTypical five-bed in Al Reem 1
150K200K250K2012201620202024Typical 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, March 2016: AED 235,000 a yearRenewal, March 2017: AED 235,000 a yearNew contract, November 2018: AED 179,501 a yearNew contract, January 2020: AED 180,000 a yearNew contract, September 2020: AED 170,000 a yearNew contract, September 2021: AED 170,000 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 TH389 sits

All 120 5-beds →

TH389 last sold in August 2021 at AED 506 per sqft, 35% below what five-beds in Al Reem 1 were fetching at the time (AED 778). TH389's AED 170,000 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 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH389, Al Reem 1 in numbers

  • Sold 3 times: first on 9 December 2009 for AED 1,135,888, last on 19 August 2021 for AED 1,462,500 (AED 506 per sqft).
  • Rented since March 2016 on 6 Ejari contracts, from AED 235,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2021 price is 11.6%, before a service charge of about AED 8,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 25 September 2021.

Questions about TH389, Al Reem 1

What did villa TH389 last sell for?

AED 1,462,500 on 19 August 2021: AED 506 per sqft for 2,888 sqft. The villa has 3 registered sales; the first was AED 1,135,888 in December 2009.

What is the rent for villa TH389?

AED 170,000 a year on the contract signed on 25 September 2021. The previous contract, from September 2020, was AED 170,000; the villa has been rented since March 2016.

How big is villa TH389?

2,888 sqft (268.3 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH389 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 TH389, Al Reem 1

Starts from the last sale price (AED 1.46M, 19 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,462,500
Deposit, UAE resident (20%)
AED 292,500
Deposit, non-resident (40%)
AED 585,000
Monthly over 25 years at 3.7%
AED 5,984

Plus AED 66,435 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →