4-bed · 2,460 sqftAl Reem 1, Arabian Ranches · completed 2007

TH404, Al Reem 1

Sold prices and rental history: sold 3 times, last in June 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH404 · DLD and Ejari recordsUpdated 2 June 2023
Last soldAED 2.85M2 June 2023
Current rentAED 170K /yr31 December 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH404, Al Reem 1

What is TH404 worth today?

Last sold for AED 2,850,000 in 2023

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2 Jun 2023SoldReady
AED 2,850,000AED 1,158 per sqft
19 Nov 2017SoldReady
AED 2,250,000AED 914 per sqft
31 Dec 2016RentedRenewal
AED 170,000/yr12 months · AED 69 per sqft
31 Dec 2015RentedRenewal
AED 190,000/yr12 months · AED 77 per sqft
31 Dec 2014RentedNew contract
AED 190,000/yr12 months · AED 77 per sqft
26 Jun 2013Sold by developerReady
AED 674,888AED 274 per sqft
14 Jun 2013RentedNew contract
AED 126,500/yr12 months · AED 51 per sqft

Source: Dubai Land Department. Updated 2 June 2023.

Key facts

Type
4-bed villa
Size
2,460 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,600 /yr
Last sold
AED 2.85M · June 2023
Community
Al Reem 1

About TH404, Al Reem 1

TH404 is a four-bedroom villa of 2,460 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 2 June 2023 for AED 2,850,000, or AED 1,158 per sqft, 20% above the AED 966 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 31 December 2016, is AED 170,000 a year: a gross yield of 6.0% on the 2023 price, before the service charge of about AED 7,600 a year.

Sales and rents for TH404 over time

Sales
Villa TH404, 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, June 2013: AED 674,888 (AED 274 per sqft)Sold, November 2017: AED 2,250,000 (AED 914 per sqft)Sold, June 2023: AED 2,850,000 (AED 1,158 per sqft)

TH404 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH404, 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, June 2013: AED 126,500 a yearNew contract, December 2014: AED 190,000 a yearRenewal, December 2015: AED 190,000 a yearRenewal, December 2016: AED 170,000 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 TH404 sits

All 176 4-beds →

TH404 last sold in June 2023 at AED 1,158 per sqft, 20% above what four-beds in Al Reem 1 were fetching at the time (AED 966). TH404's AED 170,000 is in the lower half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
23 Jun 20232,595,000
31 May 20231,325,000
12 May 20232,900,000
5 May 20233,300,000
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 →

TH404, Al Reem 1 in numbers

  • Sold 3 times: first on 26 June 2013 for AED 674,888, last on 2 June 2023 for AED 2,850,000 (AED 1,158 per sqft).
  • Rented since June 2013 on 4 Ejari contracts, from AED 126,500 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2023 price is 6.0%, before a service charge of about AED 7,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 2 June 2023.

Questions about TH404, Al Reem 1

What did villa TH404 last sell for?

AED 2,850,000 on 2 June 2023: AED 1,158 per sqft for 2,460 sqft. The villa has 3 registered sales; the first was AED 674,888 in June 2013.

What is the rent for villa TH404?

AED 170,000 a year on the contract renewed on 31 December 2016. The previous contract, from December 2015, was AED 190,000; the villa has been rented since June 2013.

How big is villa TH404?

2,460 sqft (228.5 sqm): a four-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH404 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 TH404, Al Reem 1

Starts from the last sale price (AED 2.85M, 2 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →