TH402, Al Reem 1
Sold prices and rental history: sold 4 times, last in June 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH402, Al Reem 1
What is TH402 worth today?
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Source: Dubai Land Department. Updated 4 May 2025.
Key facts
- Type
- 4-bed villa
- Size
- 2,272 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 7,000 /yr
- Last sold
- AED 2.75M · June 2013
- Community
- Al Reem 1
About TH402, Al Reem 1
TH402 is a four-bedroom villa of 2,272 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 24 June 2013 for AED 2,750,000, or AED 1,210 per sqft, 39% above the AED 870 four-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 4 May 2025, is AED 158,631 a year: a gross yield of 5.8% on the 2013 price, before the service charge of about AED 7,000 a year.
Sales and rents for TH402 over time
TH402 has sold 4 times; 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 TH402 sits
All 176 4-beds →TH402 last sold in June 2013 at AED 1,210 per sqft, 39% above what four-beds in Al Reem 1 were fetching at the time (AED 870). TH402's AED 158,631 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 198K /yr
- Typical yield
- 4.3%
TH402, Al Reem 1 in numbers
- Sold 4 times: first on 14 May 2008 for AED 1,312,500, last on 24 June 2013 for AED 2,750,000 (AED 1,210 per sqft).
- Rented since December 2013 on 12 Ejari contracts. The rent fell from AED 160,000 to AED 95,000 in 2021 and recovered to AED 158,631 by May 2025.
- At AED 158,631 a year the gross yield on the 2013 price is 5.8%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 4 May 2025.
Questions about TH402, Al Reem 1
What did villa TH402 last sell for?
AED 2,750,000 on 24 June 2013: AED 1,210 per sqft for 2,272 sqft. The villa has 4 registered sales; the first was AED 1,312,500 in May 2008.
What is the rent for villa TH402?
AED 158,631 a year on the contract renewed on 4 May 2025. The previous contract, from May 2024, was AED 144,210; the villa has been rented since December 2013.
How big is villa TH402?
2,272 sqft (211.1 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.
What is villa TH402 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 TH402, Al Reem 1
Starts from the last sale price (AED 2.75M, 24 June 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,750,000
- Deposit, UAE resident (20%)
- AED 550,000
- Deposit, non-resident (40%)
- AED 1,100,000
- Monthly over 25 years at 3.7%
- AED 11,251
Plus AED 120,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →