4-bed · 2,475 sqftAl Reem 1, Arabian Ranches · completed 2007

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.

Villa TH401 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 720K12 March 2008
Current rentAED 190K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH401, Al Reem 1

What is TH401 worth today?

Last sold for AED 719,888 in 2008

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1 Jul 2024RentedNew contract
AED 190,000/yr60 months · AED 77 per sqft
26 Oct 2022RentedRenewal
AED 120,750/yr12 months · AED 49 per sqft
26 Oct 2021RentedRenewal
AED 105,000/yr12 months · AED 42 per sqft
26 Oct 2020RentedRenewal
AED 105,000/yr12 months · AED 42 per sqft
26 Sep 2019RentedNew contract
AED 110,769/yr13 months · AED 45 per sqft
15 Sep 2017RentedRenewal
AED 145,000/yr12 months · AED 59 per sqft
15 Sep 2016RentedRenewal
AED 165,000/yr12 months · AED 67 per sqft
15 Sep 2015RentedNew contract
AED 165,000/yr12 months · AED 67 per sqft

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

Sales
Villa TH401, each saleTypical four-bed in Al Reem 1
1M2M3M2007201220172022Typical sale price by year: 2007 AED 667,388; 2008 AED 1,051,000; 2009 AED 1,400,000; 2010 AED 1,062,500; 2011 AED 1,450,000; 2012 AED 1,795,000; 2013 AED 2,150,000; 2014 AED 2,637,500; 2015 AED 2,250,000; 2016 AED 2,300,000; 2017 AED 2,150,000; 2018 AED 1,800,000; 2019 AED 1,650,000; 2020 AED 1,430,000; 2021 AED 1,975,000; 2022 AED 2,325,000; 2023 AED 2,667,938Sold by developer, March 2008: AED 719,888 (AED 290 per sqft)

TH401 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH401, each contractTypical four-bed in Al Reem 1
100K150K200K20112015201920232027Typical rent by year: 2011 AED 110,000; 2012 AED 135,000; 2013 AED 148,500; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 147,500; 2018 AED 135,000; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 112,000; 2022 AED 135,000; 2023 AED 147,500; 2024 AED 180,000; 2025 AED 190,000; 2026 AED 204,750New contract, September 2015: AED 165,000 a yearRenewal, September 2016: AED 165,000 a yearRenewal, September 2017: AED 145,000 a yearNew contract, September 2019: AED 110,769 a yearRenewal, October 2020: AED 105,000 a yearRenewal, October 2021: AED 105,000 a yearRenewal, October 2022: AED 120,750 a yearNew contract, July 2024: AED 190,000 a year

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 salesVilla no.Price (AED)Summary
23 Jun 20232,595,000
2 Jun 20232,850,000
31 May 20231,325,000
12 May 20232,900,000
0 4-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 →

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 →