4-bed · 2,287 sqftAl Reem 1, Arabian Ranches · completed 2007

TH403, Al Reem 1

Sold prices and rental history: sold twice, last in May 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH403 · DLD and Ejari recordsUpdated 28 August 2024
Last soldAED 1.5M2 May 2011
Current rentAED 120K /yr28 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH403, Al Reem 1

What is TH403 worth today?

Last sold for AED 1,500,000 in 2011

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28 Aug 2024RentedNew contract
AED 120,000/yr12 months · AED 52 per sqft
28 Aug 2022RentedRenewal
AED 102,500/yr12 months · AED 45 per sqft
29 Oct 2020RentedRenewal
AED 96,000/yr10 months · AED 42 per sqft
29 Aug 2020RentedRenewal
AED 96,000/yr2 months · AED 42 per sqft
29 Aug 2019RentedNew contract
AED 110,000/yr12 months · AED 48 per sqft
5 May 2018RentedNew contract
AED 150,000/yr12 months · AED 66 per sqft
8 Feb 2016RentedRenewal
AED 205,000/yr12 months · AED 90 per sqft
8 Feb 2015RentedNew contract
AED 205,000/yr12 months · AED 90 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2024.

Key facts

Type
4-bed villa
Size
2,287 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 1.5M · May 2011
Community
Al Reem 1

About TH403, Al Reem 1

TH403 is a four-bedroom villa of 2,287 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 2 May 2011 for AED 1,500,000, or AED 655 per sqft, 28% above the AED 510 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 28 August 2024, is AED 120,000 a year: a gross yield of 8.0% on the 2011 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH403 over time

Sales
Villa TH403, 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, April 2008: AED 763,888 (AED 334 per sqft)Sold, May 2011: AED 1,500,000 (AED 655 per sqft)

TH403 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH403, 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, February 2015: AED 205,000 a yearRenewal, February 2016: AED 205,000 a yearNew contract, May 2018: AED 150,000 a yearNew contract, August 2019: AED 110,000 a yearRenewal, August 2020: AED 96,000 a yearRenewal, October 2020: AED 96,000 a yearRenewal, August 2022: AED 102,500 a yearNew contract, August 2024: AED 120,000 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 TH403 sits

All 176 4-beds →

TH403 last sold in May 2011 at AED 655 per sqft, 28% above what four-beds in Al Reem 1 were fetching at the time (AED 510). TH403's AED 120,000 is at the bottom 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 5.8%
Typical sale
AED 4.83M
Typical rent
AED 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH403, Al Reem 1 in numbers

  • Sold twice: first on 8 April 2008 for AED 763,888, last on 2 May 2011 for AED 1,500,000 (AED 655 per sqft).
  • Rented since February 2015 on 8 Ejari contracts. The rent fell from AED 205,000 to AED 96,000 in 2020 and recovered to AED 120,000 by August 2024.
  • At AED 120,000 a year the gross yield on the 2011 price is 8.0%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 28 August 2024.

Questions about TH403, Al Reem 1

What did villa TH403 last sell for?

AED 1,500,000 on 2 May 2011: AED 655 per sqft for 2,287 sqft. The villa has 2 registered sales; the first was AED 763,888 in April 2008.

What is the rent for villa TH403?

AED 120,000 a year on the contract signed on 28 August 2024. The previous contract, from August 2022, was AED 102,500; the villa has been rented since February 2015.

How big is villa TH403?

2,287 sqft (212.5 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH403 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 TH403, Al Reem 1

Starts from the last sale price (AED 1.5M, 2 May 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,500,000
Deposit, UAE resident (20%)
AED 300,000
Deposit, non-resident (40%)
AED 600,000
Monthly over 25 years at 3.7%
AED 6,137

Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →