3-bed · 2,557 sqftAl Reem 1, Arabian Ranches · completed 2007

TH409, Al Reem 1

Sold prices and rental history: sold 6 times, last in February 2024, and rented once, from August 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH409 · DLD and Ejari recordsUpdated 29 February 2024
Last soldAED 4.13M29 February 2024
Current rentAED 290K /yr3 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH409, Al Reem 1

What is TH409 worth today?

Last sold for AED 4,125,000 in 2024

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29 Feb 2024SoldReady
AED 4,125,000AED 1,613 per sqft
3 Aug 2023RentedNew contract
AED 290,000/yr12 months · AED 113 per sqft
1 Jun 2023SoldReady
AED 3,400,000AED 1,329 per sqft
13 Jan 2019SoldReady
AED 2,135,000AED 835 per sqft
31 Dec 2013SoldReady
AED 1,632,000AED 638 per sqft
26 Sep 2013SoldReady
AED 2,900,000AED 1,134 per sqft
11 Feb 2009Sold by developerReady
AED 2,635,000AED 1,030 per sqft

Source: Dubai Land Department. Updated 29 February 2024.

Key facts

Type
3-bed villa
Size
2,557 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,900 /yr
Last sold
AED 4.13M · February 2024
Community
Al Reem 1

About TH409, Al Reem 1

TH409 is a three-bedroom villa of 2,557 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 29 February 2024 for AED 4,125,000, or AED 1,613 per sqft, 21% above the AED 1,338 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 3 August 2023. The current contract, signed on 3 August 2023, is AED 290,000 a year: a gross yield of 7.0% on the 2024 price, before the service charge of about AED 7,900 a year.

Sales and rents for TH409 over time

Sales
Villa TH409, 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, February 2009: AED 2,635,000 (AED 1,030 per sqft)Sold, September 2013: AED 2,900,000 (AED 1,134 per sqft)Sold, December 2013: AED 1,632,000 (AED 638 per sqft)Sold, January 2019: AED 2,135,000 (AED 835 per sqft)Sold, June 2023: AED 3,400,000 (AED 1,329 per sqft)Sold, February 2024: AED 4,125,000 (AED 1,613 per sqft)

TH409 has sold 6 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH409, each contractTypical three-bed in Al Reem 1
100K200K300K2012201620202024Typical 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, August 2023: AED 290,000 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 TH409 sits

All 157 3-beds →

TH409 last sold in February 2024 at AED 1,613 per sqft, 21% above what three-beds in Al Reem 1 were fetching at the time (AED 1,338). 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. TH409's AED 290,000 is at the top 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 →

TH409, Al Reem 1 in numbers

  • Sold 6 times: first on 11 February 2009 for AED 2,635,000, last on 29 February 2024 for AED 4,125,000 (AED 1,613 per sqft).
  • Rented since August 2023 on one Ejari contract, at AED 290,000 a year.
  • At AED 290,000 a year the gross yield on the 2024 price is 7.0%, before a service charge of about AED 7,900 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 29 February 2024.

Questions about TH409, Al Reem 1

What did villa TH409 last sell for?

AED 4,125,000 on 29 February 2024: AED 1,613 per sqft for 2,557 sqft. The villa has 6 registered sales; the first was AED 2,635,000 in February 2009.

What is the rent for villa TH409?

AED 290,000 a year on the contract signed on 3 August 2023.

How big is villa TH409?

2,557 sqft (237.6 sqm): a three-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH409 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 TH409, Al Reem 1

Starts from the last sale price (AED 4.13M, 29 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,125,000
Deposit, UAE resident (20%)
AED 825,000
Deposit, non-resident (40%)
AED 1,650,000
Monthly over 25 years at 3.7%
AED 16,877

Plus AED 178,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →