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

TH428, Al Reem 1

Sold prices and rental history: sold twice, last in June 2022, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH428 · DLD and Ejari recordsUpdated 9 June 2022
Last soldAED 2.15M9 June 2022
Current rentAED 105K /yr25 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH428, Al Reem 1

What is TH428 worth today?

Last sold for AED 2,150,000 in 2022

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9 Jun 2022SoldReady
AED 2,150,000AED 873 per sqft
25 Oct 2020RentedNew contract
AED 105,000/yr12 months · AED 43 per sqft
1 Oct 2019RentedNew contract
AED 115,000/yr12 months · AED 47 per sqft
20 Aug 2018RentedNew contract
AED 140,000/yr12 months · AED 57 per sqft
23 Mar 2008Sold by developerReady
AED 719,888AED 292 per sqft

Source: Dubai Land Department. Updated 9 June 2022.

Key facts

Type
4-bed villa
Size
2,460 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,600 /yr
Last sold
AED 2.15M · June 2022
Community
Al Reem 1

About TH428, Al Reem 1

TH428 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 9 June 2022 for AED 2,150,000, or AED 873 per sqft, 8% below the AED 952 four-beds in the community were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 25 October 2020, is AED 105,000 a year: a gross yield of 4.9% on the 2022 price, before the service charge of about AED 7,600 a year.

Sales and rents for TH428 over time

Sales
Villa TH428, 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, March 2008: AED 719,888 (AED 292 per sqft)Sold, June 2022: AED 2,150,000 (AED 873 per sqft)

TH428 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH428, 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, August 2018: AED 140,000 a yearNew contract, October 2019: AED 115,000 a yearNew contract, October 2020: AED 105,000 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 TH428 sits

All 176 4-beds →

TH428 last sold in June 2022 at AED 873 per sqft, 8% below what four-beds in Al Reem 1 were fetching at the time (AED 952). TH428's AED 105,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
23 Jun 20232,595,000
2 Jun 20232,850,000
31 May 20231,325,000
12 May 20232,900,000
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 →

TH428, Al Reem 1 in numbers

  • Sold twice: first on 23 March 2008 for AED 719,888, last on 9 June 2022 for AED 2,150,000 (AED 873 per sqft).
  • Rented since August 2018 on 3 Ejari contracts, from AED 140,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2022 price is 4.9%, before a service charge of about AED 7,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 9 June 2022.

Questions about TH428, Al Reem 1

What did villa TH428 last sell for?

AED 2,150,000 on 9 June 2022: AED 873 per sqft for 2,460 sqft. The villa has 2 registered sales; the first was AED 719,888 in March 2008.

What is the rent for villa TH428?

AED 105,000 a year on the contract signed on 25 October 2020. The previous contract, from October 2019, was AED 115,000; the villa has been rented since August 2018.

How big is villa TH428?

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

What is villa TH428 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 TH428, Al Reem 1

Starts from the last sale price (AED 2.15M, 9 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →