5-bed · 2,728 sqftAl Reem 1, Arabian Ranches · completed 2007

TH447, Al Reem 1

Sold prices and rental history: sold twice, last in January 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH447 · DLD and Ejari recordsUpdated 3 January 2023
Last soldAED 3.23M3 January 2023
Current rentAED 108K /yr25 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH447, Al Reem 1

What is TH447 worth today?

Last sold for AED 3,225,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

3 Jan 2023SoldReady
AED 3,225,000AED 1,182 per sqft
25 Aug 2021RentedRenewal
AED 108,000/yr12 months · AED 40 per sqft
25 Aug 2020RentedRenewal
AED 108,000/yr12 months · AED 40 per sqft
25 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 44 per sqft
1 May 2018RentedRenewal
AED 150,000/yr12 months · AED 55 per sqft
1 May 2017RentedNew contract
AED 150,000/yr12 months · AED 55 per sqft
3 Jul 2016RentedRenewal
AED 190,000/yr12 months · AED 70 per sqft
3 Jul 2015RentedNew contract
AED 195,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 3 January 2023.

Key facts

Type
5-bed villa
Size
2,728 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,400 /yr
Last sold
AED 3.23M · January 2023
Community
Al Reem 1

About TH447, Al Reem 1

TH447 is a five-bedroom villa of 2,728 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 3 January 2023 for AED 3,225,000, or AED 1,182 per sqft, 13% above the AED 1,046 five-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 25 August 2021, is AED 108,000 a year: a gross yield of 3.4% on the 2023 price, before the service charge of about AED 8,400 a year.

Sales and rents for TH447 over time

Sales
Villa TH447, 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, January 2009: AED 2,574,000 (AED 943 per sqft)Sold, January 2023: AED 3,225,000 (AED 1,182 per sqft)

TH447 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH447, each contractTypical five-bed in Al Reem 1
100K200K2012201620202024Typical 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, April 2013: AED 175,000 a yearNew contract, July 2015: AED 195,000 a yearRenewal, July 2016: AED 190,000 a yearNew contract, May 2017: AED 150,000 a yearRenewal, May 2018: AED 150,000 a yearNew contract, August 2019: AED 120,000 a yearRenewal, August 2020: AED 108,000 a yearRenewal, August 2021: AED 108,000 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 TH447 sits

All 120 5-beds →

TH447 last sold in January 2023 at AED 1,182 per sqft, 13% above what five-beds in Al Reem 1 were fetching at the time (AED 1,046). TH447's AED 108,000 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 195K /yr
Typical yield
4.3%
Al Reem 1, Arabian Ranches: prices, sales and rents →

TH447, Al Reem 1 in numbers

  • Sold twice: first on 18 January 2009 for AED 2,574,000, last on 3 January 2023 for AED 3,225,000 (AED 1,182 per sqft).
  • Rented since April 2013 on 8 Ejari contracts, from AED 175,000 to AED 108,000 a year.
  • At AED 108,000 a year the gross yield on the 2023 price is 3.4%, before a service charge of about AED 8,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 3 January 2023.

Questions about TH447, Al Reem 1

What did villa TH447 last sell for?

AED 3,225,000 on 3 January 2023: AED 1,182 per sqft for 2,728 sqft. The villa has 2 registered sales; the first was AED 2,574,000 in January 2009.

What is the rent for villa TH447?

AED 108,000 a year on the contract renewed on 25 August 2021. The previous contract, from August 2020, was AED 108,000; the villa has been rented since April 2013.

How big is villa TH447?

2,728 sqft (253.4 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH447 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling TH447? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH447, Al Reem 1

Starts from the last sale price (AED 3.23M, 3 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,225,000
Deposit, UAE resident (20%)
AED 645,000
Deposit, non-resident (40%)
AED 1,290,000
Monthly over 25 years at 3.7%
AED 13,194

Plus AED 140,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →