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5-bed · 2,882 sqftAl Reem 1, Arabian Ranches · completed 2007

TH438, Al Reem 1

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH438 · DLD and Ejari recordsUpdated 30 December 2020
Last soldAED 2.33M30 December 2020
Current rentAED 170K /yr13 December 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH438, Al Reem 1

What is TH438 worth today?

Last sold for AED 2,325,000 in 2020

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30 Dec 2020SoldReady
AED 2,325,000AED 806 per sqft
13 Dec 2018RentedNew contract
AED 170,000/yr12 months · AED 59 per sqft
14 Dec 2017RentedNew contract
AED 180,000/yr12 months · AED 62 per sqft
29 Sep 2013RentedNew contract
AED 200,000/yr12 months · AED 69 per sqft
24 Mar 2013SoldReady
AED 1,587,500AED 550 per sqft
25 Aug 2012RentedNew contract
AED 178,000/yr12 months · AED 62 per sqft
22 Mar 2009Sold by developerReady
AED 2,270,000AED 787 per sqft

Source: Dubai Land Department. Updated 30 December 2020.

Key facts

Type
5-bed villa
Size
2,882 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,900 /yr
Last sold
AED 2.33M · December 2020
Community
Al Reem 1

About TH438, Al Reem 1

TH438 is a five-bedroom villa of 2,882 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 30 December 2020 for AED 2,325,000, or AED 806 per sqft, 21% above the AED 664 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, signed on 13 December 2018, is AED 170,000 a year: a gross yield of 7.3% on the 2020 price, before the service charge of about AED 8,900 a year.

Sales and rents for TH438 over time

Sales
Villa TH438, 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, March 2009: AED 2,270,000 (AED 787 per sqft)Sold, March 2013: AED 1,587,500 (AED 550 per sqft)Sold, December 2020: AED 2,325,000 (AED 806 per sqft)

TH438 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH438, 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, August 2012: AED 178,000 a yearNew contract, September 2013: AED 200,000 a yearNew contract, December 2017: AED 180,000 a yearNew contract, December 2018: AED 170,000 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 TH438 sits

All 120 5-beds →

TH438 last sold in December 2020 at AED 806 per sqft, 21% above what five-beds in Al Reem 1 were fetching at the time (AED 664). TH438's AED 170,000 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH438, Al Reem 1 in numbers

  • Sold 3 times: first on 22 March 2009 for AED 2,270,000, last on 30 December 2020 for AED 2,325,000 (AED 806 per sqft).
  • Rented since August 2012 on 4 Ejari contracts, from AED 178,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2020 price is 7.3%, before a service charge of about AED 8,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 30 December 2020.

Questions about TH438, Al Reem 1

What did villa TH438 last sell for?

AED 2,325,000 on 30 December 2020: AED 806 per sqft for 2,882 sqft. The villa has 3 registered sales; the first was AED 2,270,000 in March 2009.

What is the rent for villa TH438?

AED 170,000 a year on the contract signed on 13 December 2018. The previous contract, from December 2017, was AED 180,000; the villa has been rented since August 2012.

How big is villa TH438?

2,882 sqft (267.7 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH438 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 TH438, Al Reem 1

Starts from the last sale price (AED 2.33M, 30 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,325,000
Deposit, UAE resident (20%)
AED 465,000
Deposit, non-resident (40%)
AED 930,000
Monthly over 25 years at 3.7%
AED 9,512

Plus AED 102,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →