5-bed · 2,888 sqftAl Reem 1, Arabian Ranches · completed 2007

TH437, Al Reem 1

Sold prices and rental history: sold 3 times, last in August 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH437 · DLD and Ejari recordsUpdated 28 August 2017
Last soldAED 3.38M28 August 2017
Current rentAED 215K /yr1 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH437, Al Reem 1

What is TH437 worth today?

Last sold for AED 3,375,000 in 2017

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28 Aug 2017SoldReady
AED 3,375,000AED 1,168 per sqft
1 Jan 2017RentedRenewal
AED 215,000/yr12 months · AED 74 per sqft
10 Nov 2014SoldReady
AED 4,060,000AED 1,405 per sqft
10 Jul 2014RentedNew contract
AED 240,000/yr12 months · AED 83 per sqft
10 Jul 2014RentedNew contract
AED 240,000/yr12 months · AED 83 per sqft
15 May 2013RentedNew contract
AED 180,000/yr12 months · AED 62 per sqft
7 May 2012Sold by developerReady
AED 1,213,888AED 420 per sqft

Source: Dubai Land Department. Updated 28 August 2017.

Key facts

Type
5-bed villa
Size
2,888 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 3.38M · August 2017
Community
Al Reem 1

About TH437, Al Reem 1

TH437 is a five-bedroom villa of 2,888 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 28 August 2017 for AED 3,375,000, or AED 1,168 per sqft, 11% above the AED 1,052 five-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 1 January 2017, is AED 215,000 a year: a gross yield of 6.4% on the 2017 price, before the service charge of about AED 8,900 a year.

Sales and rents for TH437 over time

Sales
Villa TH437, each saleTypical five-bed in Al Reem 1
2M4M2007201220172022Typical 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, May 2012: AED 1,213,888 (AED 420 per sqft)Sold, November 2014: AED 4,060,000 (AED 1,405 per sqft)Sold, August 2017: AED 3,375,000 (AED 1,168 per sqft)

TH437 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH437, each contractTypical five-bed in Al Reem 1
150K200K250K2012201620202024Typical 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, May 2013: AED 180,000 a yearNew contract, July 2014: AED 240,000 a yearNew contract, July 2014: AED 240,000 a yearRenewal, January 2017: AED 215,000 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 TH437 sits

All 120 5-beds →

TH437 last sold in August 2017 at AED 1,168 per sqft, 11% above what five-beds in Al Reem 1 were fetching at the time (AED 1,052). TH437's AED 215,000 is in the lower half 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 →

TH437, Al Reem 1 in numbers

  • Sold 3 times: first on 7 May 2012 for AED 1,213,888, last on 28 August 2017 for AED 3,375,000 (AED 1,168 per sqft).
  • Rented since May 2013 on 4 Ejari contracts, from AED 180,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2017 price is 6.4%, before a service charge of about AED 8,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 28 August 2017.

Questions about TH437, Al Reem 1

What did villa TH437 last sell for?

AED 3,375,000 on 28 August 2017: AED 1,168 per sqft for 2,888 sqft. The villa has 3 registered sales; the first was AED 1,213,888 in May 2012.

What is the rent for villa TH437?

AED 215,000 a year on the contract renewed on 1 January 2017. The previous contract, from July 2014, was AED 240,000; the villa has been rented since May 2013.

How big is villa TH437?

2,888 sqft (268.3 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH437 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 TH437, Al Reem 1

Starts from the last sale price (AED 3.38M, 28 August 2017). Switch to today's estimate once you have unlocked it.
Price
AED 3,375,000
Deposit, UAE resident (20%)
AED 675,000
Deposit, non-resident (40%)
AED 1,350,000
Monthly over 25 years at 3.7%
AED 13,808

Plus AED 146,760 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →