5-bed · 2,527 sqftAl Reem 1, Arabian Ranches · completed 2007

TH420, Al Reem 1

Sold prices and rental history: sold twice, last in May 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH420 · DLD and Ejari recordsUpdated 6 May 2020
Last soldAED 1.85M6 May 2020
Current rentAED 120K /yr15 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH420, Al Reem 1

What is TH420 worth today?

Last sold for AED 1,850,000 in 2020

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6 May 2020SoldReady
AED 1,850,000AED 732 per sqft
15 Jul 2019RentedNew contract
AED 120,000/yr12 months · AED 47 per sqft
16 Sep 2018RentedRenewal
AED 155,000/yr12 months · AED 61 per sqft
16 Sep 2017RentedRenewal
AED 170,000/yr12 months · AED 67 per sqft
16 Sep 2016RentedRenewal
AED 180,000/yr12 months · AED 71 per sqft
1 Aug 2014RentedNew contract
AED 195,000/yr12 months · AED 77 per sqft
12 Mar 2012RentedNew contract
AED 150,000/yr12 months · AED 59 per sqft
12 Nov 2008Sold by developerReady
AED 1,367,500AED 541 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 6 May 2020.

Key facts

Type
5-bed villa
Size
2,527 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 1.85M · May 2020
Community
Al Reem 1

About TH420, Al Reem 1

TH420 is a five-bedroom villa of 2,527 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 6 May 2020 for AED 1,850,000, or AED 732 per sqft, in line with the AED 720 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 15 July 2019, is AED 120,000 a year: a gross yield of 6.5% on the 2020 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH420 over time

Sales
Villa TH420, each saleTypical five-bed in Al Reem 1
2M2007201220172022Typical sale price by year: 2007 AED 785,888; 2008 AED 1,197,944; 2009 AED 907,888; 2010 AED 1,287,500; 2011 AED 1,475,000; 2012 AED 1,300,000; 2013 AED 2,980,000; 2014 AED 3,500,000; 2015 AED 2,700,000; 2016 AED 2,750,000; 2017 AED 2,900,000; 2018 AED 2,150,000; 2019 AED 1,962,500; 2020 AED 1,900,000; 2021 AED 2,450,000; 2022 AED 2,850,000; 2023 AED 3,400,000Sold by developer, November 2008: AED 1,367,500 (AED 541 per sqft)Sold, May 2020: AED 1,850,000 (AED 732 per sqft)

TH420 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH420, each contractTypical five-bed in Al Reem 1
150K200K2012201620202024Typical rent by year: 2012 AED 156,250; 2013 AED 170,000; 2014 AED 185,000; 2015 AED 194,890; 2016 AED 190,000; 2017 AED 175,000; 2018 AED 157,000; 2019 AED 146,000; 2020 AED 130,000; 2021 AED 135,000; 2022 AED 147,500; 2023 AED 180,000; 2024 AED 200,000; 2025 AED 222,421New contract, March 2012: AED 150,000 a yearNew contract, August 2014: AED 195,000 a yearRenewal, September 2016: AED 180,000 a yearRenewal, September 2017: AED 170,000 a yearRenewal, September 2018: AED 155,000 a yearNew contract, July 2019: AED 120,000 a year

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 TH420 sits

All 120 5-beds →

TH420 last sold in May 2020 at AED 732 per sqft, in line with what five-beds in Al Reem 1 were fetching at the time (AED 720). TH420's AED 120,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
16 Jun 20233,300,000
9 Jun 20233,900,000
6 Jun 20233,350,000
6 Jun 20233,650,000
0 5-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 →

TH420, Al Reem 1 in numbers

  • Sold twice: first on 12 November 2008 for AED 1,367,500, last on 6 May 2020 for AED 1,850,000 (AED 732 per sqft).
  • Rented since March 2012 on 6 Ejari contracts, from AED 150,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 6.5%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 6 May 2020.

Questions about TH420, Al Reem 1

What did villa TH420 last sell for?

AED 1,850,000 on 6 May 2020: AED 732 per sqft for 2,527 sqft. The villa has 2 registered sales; the first was AED 1,367,500 in November 2008.

What is the rent for villa TH420?

AED 120,000 a year on the contract signed on 15 July 2019. The previous contract, from September 2018, was AED 155,000; the villa has been rented since March 2012.

How big is villa TH420?

2,527 sqft (234.8 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH420 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 TH420, Al Reem 1

Starts from the last sale price (AED 1.85M, 6 May 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →