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

TH391, Al Reem 1

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH391 · DLD and Ejari recordsUpdated 18 July 2024
Last soldAED 4.35M18 July 2024
Current rentAED 158K /yr7 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH391, Al Reem 1

What is TH391 worth today?

Last sold for AED 4,350,000 in 2024

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18 Jul 2024SoldReady
AED 4,350,000AED 1,506 per sqft
7 Oct 2023RentedRenewal
AED 157,662/yr12 months · AED 55 per sqft
7 Oct 2021RentedRenewal
AED 143,325/yr12 months · AED 50 per sqft
7 Oct 2020RentedRenewal
AED 136,500/yr12 months · AED 47 per sqft
7 Oct 2019RentedNew contract
AED 130,000/yr12 months · AED 45 per sqft
7 Oct 2016RentedRenewal
AED 168,667/yr36 months · AED 58 per sqft
7 Oct 2015RentedRenewal
AED 215,000/yr12 months · AED 74 per sqft
7 Oct 2013RentedNew contract
AED 215,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 18 July 2024.

Key facts

Type
3-bed villa
Size
2,888 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 4.35M · July 2024
Community
Al Reem 1

About TH391, Al Reem 1

TH391 is a three-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 18 July 2024 for AED 4,350,000, or AED 1,506 per sqft, 7% above the AED 1,414 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 7 October 2023, is AED 157,662 a year: a gross yield of 3.6% on the 2024 price, before the service charge of about AED 8,900 a year.

Sales and rents for TH391 over time

Sales
Villa TH391, 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, April 2008: AED 1,135,888 (AED 393 per sqft)Sold, July 2024: AED 4,350,000 (AED 1,506 per sqft)

TH391 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH391, each contractTypical three-bed in Al Reem 1
100K200K2012201620202024Typical 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, August 2012: AED 192,500 a yearNew contract, October 2013: AED 215,000 a yearRenewal, October 2015: AED 215,000 a yearRenewal, October 2016: AED 168,667 a yearNew contract, October 2019: AED 130,000 a yearRenewal, October 2020: AED 136,500 a yearRenewal, October 2021: AED 143,325 a yearRenewal, October 2023: AED 157,662 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 TH391 sits

All 157 3-beds →

TH391 last sold in July 2024 at AED 1,506 per sqft, 7% above what three-beds in Al Reem 1 were fetching at the time (AED 1,414). 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. TH391's AED 157,662 is in the lower half 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 →

TH391, Al Reem 1 in numbers

  • Sold twice: first on 29 April 2008 for AED 1,135,888, last on 18 July 2024 for AED 4,350,000 (AED 1,506 per sqft).
  • Rented since August 2012 on 8 Ejari contracts. The rent fell from AED 192,500 to AED 130,000 in 2019 and recovered to AED 157,662 by October 2023.
  • At AED 157,662 a year the gross yield on the 2024 price is 3.6%, before a service charge of about AED 8,900 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: Dubai Land Department. Updated 18 July 2024.

Questions about TH391, Al Reem 1

What did villa TH391 last sell for?

AED 4,350,000 on 18 July 2024: AED 1,506 per sqft for 2,888 sqft. The villa has 2 registered sales; the first was AED 1,135,888 in April 2008.

What is the rent for villa TH391?

AED 157,662 a year on the contract renewed on 7 October 2023. The previous contract, from October 2021, was AED 143,325; the villa has been rented since August 2012.

How big is villa TH391?

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

What is villa TH391 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 TH391, Al Reem 1

Starts from the last sale price (AED 4.35M, 18 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,350,000
Deposit, UAE resident (20%)
AED 870,000
Deposit, non-resident (40%)
AED 1,740,000
Monthly over 25 years at 3.7%
AED 17,797

Plus AED 187,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →