3-bed · 2,272 sqftAl Reem 1, Arabian Ranches · completed 2007

TH406, Al Reem 1

Sold prices and rental history: sold 5 times, last in June 2024, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH406 · DLD and Ejari recordsUpdated 28 June 2024
Last soldAED 4.5M28 June 2024
Current rentAED 136K /yr10 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH406, Al Reem 1

What is TH406 worth today?

Last sold for AED 4,500,000 in 2024

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28 Jun 2024SoldReady
AED 4,500,000AED 1,980 per sqft
21 Sep 2023SoldReady
AED 3,875,000AED 1,705 per sqft
12 Sep 2022SoldReady
AED 2,775,000AED 1,221 per sqft
10 Mar 2022RentedRenewal
AED 136,400/yr12 months · AED 60 per sqft
10 Mar 2021RentedNew contract
AED 124,000/yr12 months · AED 55 per sqft
1 Jun 2020SoldReady
AED 1,725,000AED 759 per sqft
9 Jan 2008Sold by developerReady
AED 387,444AED 170 per sqft

Source: Dubai Land Department. Updated 28 June 2024.

Key facts

Type
3-bed villa
Size
2,272 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,000 /yr
Last sold
AED 4.5M · June 2024
Community
Al Reem 1

About TH406, Al Reem 1

TH406 is a three-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 28 June 2024 for AED 4,500,000, or AED 1,980 per sqft, 41% above the AED 1,406 three-beds in the community were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 10 March 2022, is AED 136,400 a year: a gross yield of 3.0% on the 2024 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH406 over time

Sales
Villa TH406, each saleTypical three-bed in Al Reem 1
02M4M20072012201720222027Typical sale price by year: 2007 AED 680,194; 2008 AED 1,195,000; 2009 AED 1,050,000; 2010 AED 869,944; 2011 AED 1,050,000; 2012 AED 1,600,000; 2013 AED 2,375,000; 2014 AED 2,525,000; 2015 AED 2,412,500; 2016 AED 2,887,500; 2017 AED 2,000,000; 2018 AED 1,710,000; 2019 AED 1,575,000; 2020 AED 1,450,000; 2021 AED 2,122,500; 2022 AED 2,355,000; 2023 AED 3,400,000; 2024 AED 3,830,000; 2025 AED 4,800,000; 2026 AED 4,825,000Sold by developer, January 2008: AED 387,444 (AED 170 per sqft)Sold, June 2020: AED 1,725,000 (AED 759 per sqft)Sold, September 2022: AED 2,775,000 (AED 1,221 per sqft)Sold, September 2023: AED 3,875,000 (AED 1,705 per sqft)Sold, June 2024: AED 4,500,000 (AED 1,980 per sqft)

TH406 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH406, each contractTypical three-bed in Al Reem 1
100K150K2012201620202024Typical rent by year: 2012 AED 127,500; 2013 AED 147,500; 2014 AED 163,544; 2015 AED 165,000; 2016 AED 160,000; 2017 AED 143,573; 2018 AED 135,000; 2019 AED 115,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 139,575; 2024 AED 160,000; 2025 AED 165,000; 2026 AED 168,438New contract, March 2021: AED 124,000 a yearRenewal, March 2022: AED 136,400 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Al Reem 1, and where TH406 sits

All 157 3-beds →

TH406 last sold in June 2024 at AED 1,980 per sqft, 41% above what three-beds in Al Reem 1 were fetching at the time (AED 1,406). Over the last 12 months three-beds sold for AED 4,100,000 to 7,100,000, around AED 1,961 per sqft, and rent for AED 130,000 to 228,526 a year. TH406's AED 136,400 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
5 Feb 20264,550,000
2 Feb 20267,100,000
22 Jan 20264,750,000
21 Jan 20264,500,000
13 3-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 198K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH406, Al Reem 1 in numbers

  • Sold 5 times: first on 9 January 2008 for AED 387,444, last on 28 June 2024 for AED 4,500,000 (AED 1,980 per sqft).
  • Rented since March 2021 on 2 Ejari contracts, from AED 124,000 to AED 136,400 a year.
  • At AED 136,400 a year the gross yield on the 2024 price is 3.0%, before a service charge of about AED 7,000 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 1 sold for AED 4,100,000–7,100,000 in the 12 months to November 2026; the community's median across all types is AED 1,989 per sqft.

Source: Dubai Land Department. Updated 28 June 2024.

Questions about TH406, Al Reem 1

What did villa TH406 last sell for?

AED 4,500,000 on 28 June 2024: AED 1,980 per sqft for 2,272 sqft. The villa has 5 registered sales; the first was AED 387,444 in January 2008.

What is the rent for villa TH406?

AED 136,400 a year on the contract renewed on 10 March 2022. The previous contract, from March 2021, was AED 124,000.

How big is villa TH406?

2,272 sqft (211.1 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH406 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 1 sold for AED 4,100,000 to 7,100,000 in the last 12 months, around AED 1,961 per sqft.

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Mortgage on TH406, Al Reem 1

Starts from the last sale price (AED 4.5M, 28 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,500,000
Deposit, UAE resident (20%)
AED 900,000
Deposit, non-resident (40%)
AED 1,800,000
Monthly over 25 years at 3.7%
AED 18,411

Plus AED 194,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →