
TH401, Al Reem 1
Sold prices and rental history: sold once, by the developer in March 2008, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH401, Al Reem 1
What is TH401 worth today?
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Source: Dubai Land Department. Updated 1 July 2024.
Key facts
- Type
- 4-bed villa
- Size
- 2,475 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 7,600 /yr
- Last sold
- AED 720K · March 2008
- Community
- Al Reem 1
About TH401, Al Reem 1
TH401 is a four-bedroom villa of 2,475 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 12 March 2008 for AED 719,888, or AED 290 per sqft, in line with the AED 292 four-beds in the community were fetching at the time.
It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, signed on 1 July 2024, is AED 190,000 a year: a gross yield of 26.4% on the 2008 price, before the service charge of about AED 7,600 a year.
Sales and rents for TH401 over time
TH401 has sold once; the dashed line is the four-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.
4-beds in Al Reem 1, and where TH401 sits
All 176 4-beds →TH401 last sold in March 2008 at AED 290 per sqft, in line with what four-beds in Al Reem 1 were fetching at the time (AED 292). TH401's AED 190,000 is in the lower half of that range.
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 23 Jun 202323 June 2023 | 2,460 sqft | 2,595,000 | 1,054 | ||
| 2 Jun 20232 June 2023 | 2,460 sqft | 2,850,000 | 1,158 | ||
| 31 May 202331 May 2023 | 2,272 sqft | 1,325,000 | 583 | ||
| 12 May 202312 May 2023 | 2,287 sqft | 2,900,000 | 1,268 |
Al Reem 1
Community473 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%
TH401, Al Reem 1 in numbers
- Sold once: by Emaar on 12 March 2008 for AED 719,888, or AED 290 per sqft.
- Rented since September 2015 on 8 Ejari contracts. The rent fell from AED 165,000 to AED 105,000 in 2021 and recovered to AED 190,000 by July 2024.
- At AED 190,000 a year the gross yield on the 2008 price is 26.4%, before a service charge of about AED 7,600 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 1 July 2024.
Questions about TH401, Al Reem 1
What did villa TH401 last sell for?
AED 719,888 on 12 March 2008, sold by the developer: AED 290 per sqft for 2,475 sqft. It is the only registered sale of the villa.
What is the rent for villa TH401?
AED 190,000 a year on the contract signed on 1 July 2024. The previous contract, from October 2022, was AED 120,750; the villa has been rented since September 2015.
How big is villa TH401?
2,475 sqft (229.9 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.
What is villa TH401 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 TH401, Al Reem 1
Starts from the last sale price (AED 720K, 12 March 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 719,888
- Deposit, UAE resident (20%)
- AED 143,978
- Deposit, non-resident (40%)
- AED 287,955
- Monthly over 25 years at 3.7%
- AED 2,945
Plus AED 35,246 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →