TH408, Al Reem 1
Sold prices and rental history: sold once, by the developer in June 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH408, Al Reem 1
What is TH408 worth today?
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Source: Dubai Land Department. Updated 15 September 2025.
Key facts
- Type
- 5-bed villa
- Size
- 2,527 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 7,800 /yr
- Last sold
- AED 417K · June 2008
- Community
- Al Reem 1
About TH408, Al Reem 1
TH408 is a five-bedroom villa of 2,527 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 25 June 2008 for AED 416,944, or AED 165 per sqft, 51% below the AED 340 five-beds in the community were fetching at the time.
It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 15 September 2025, is AED 166,750 a year: a gross yield of 40.0% on the 2008 price, before the service charge of about AED 7,800 a year.
Sales and rents for TH408 over time
TH408 has sold once; the dashed line is the five-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.
5-beds in Al Reem 1, and where TH408 sits
All 120 5-beds →TH408 last sold in June 2008 at AED 165 per sqft, 51% below what five-beds in Al Reem 1 were fetching at the time (AED 340). TH408's AED 166,750 is at the bottom of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Jun 202316 June 2023 | 2,737 sqft | 3,300,000 | 1,205 | ||
| 9 Jun 20239 June 2023 | 2,718 sqft | 3,900,000 | 1,434 | ||
| 6 Jun 20236 June 2023 | 2,721 sqft | 3,350,000 | 1,231 | ||
| 6 Jun 20236 June 2023 | 2,888 sqft | 3,650,000 | 1,263 |
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%
TH408, Al Reem 1 in numbers
- Sold once: by Emaar on 25 June 2008 for AED 416,944, or AED 165 per sqft.
- Rented since August 2012 on 13 Ejari contracts. The rent fell from AED 140,000 to AED 110,000 in 2020 and recovered to AED 166,750 by September 2025.
- At AED 166,750 a year the gross yield on the 2008 price is 40.0%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 15 September 2025.
Questions about TH408, Al Reem 1
What did villa TH408 last sell for?
AED 416,944 on 25 June 2008, sold by the developer: AED 165 per sqft for 2,527 sqft. It is the only registered sale of the villa.
What is the rent for villa TH408?
AED 166,750 a year on the contract renewed on 15 September 2025. The previous contract, from September 2024, was AED 166,750; the villa has been rented since August 2012.
How big is villa TH408?
2,527 sqft (234.8 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.
What is villa TH408 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 TH408, Al Reem 1
Starts from the last sale price (AED 417K, 25 June 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 416,944
- Deposit, UAE resident (20%)
- AED 83,389
- Deposit, non-resident (40%)
- AED 166,778
- Monthly over 25 years at 3.7%
- AED 1,706
Plus AED 20,422 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →