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5-bed · 2,524 sqftAl Reem 1, Arabian Ranches · completed 2007

TH470, Al Reem 1

Sold prices and rental history: sold 3 times, last in September 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH470 · DLD and Ejari recordsUpdated 4 September 2017
Last soldAED 2.26M4 September 2017
Current rentAED 175K /yr25 March 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH470, Al Reem 1

What is TH470 worth today?

Last sold for AED 2,260,000 in 2017

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4 Sep 2017SoldReady
AED 2,260,000AED 895 per sqft
25 Mar 2016RentedNew contract
AED 175,000/yr12 months · AED 69 per sqft
1 Apr 2015RentedNew contract
AED 190,000/yr12 months · AED 75 per sqft
1 Sep 2012RentedNew contract
AED 145,000/yr12 months · AED 57 per sqft
16 Jul 2008Sold by developerReady
AED 1,717,000AED 680 per sqft
16 Jul 2008SoldReady
AED 2,600,000AED 1,030 per sqft

Source: Dubai Land Department. Updated 4 September 2017.

Key facts

Type
5-bed villa
Size
2,524 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 2.26M · September 2017
Community
Al Reem 1

About TH470, Al Reem 1

TH470 is a five-bedroom villa of 2,524 sqft in Al Reem 1, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 4 September 2017 for AED 2,260,000, or AED 895 per sqft, 14% below the AED 1,041 five-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 25 March 2016, is AED 175,000 a year: a gross yield of 7.7% on the 2017 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH470 over time

Sales
Villa TH470, 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, July 2008: AED 1,717,000 (AED 680 per sqft)Sold, July 2008: AED 2,600,000 (AED 1,030 per sqft)Sold, September 2017: AED 2,260,000 (AED 895 per sqft)

TH470 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH470, 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, September 2012: AED 145,000 a yearNew contract, April 2015: AED 190,000 a yearNew contract, March 2016: AED 175,000 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 TH470 sits

All 120 5-beds →

TH470 last sold in September 2017 at AED 895 per sqft, 14% below what five-beds in Al Reem 1 were fetching at the time (AED 1,041). TH470's AED 175,000 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 →

TH470, Al Reem 1 in numbers

  • Sold 3 times: first on 16 July 2008 for AED 2,600,000, last on 4 September 2017 for AED 2,260,000 (AED 895 per sqft).
  • Rented since September 2012 on 3 Ejari contracts, from AED 145,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2017 price is 7.7%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 4 September 2017.

Questions about TH470, Al Reem 1

What did villa TH470 last sell for?

AED 2,260,000 on 4 September 2017: AED 895 per sqft for 2,524 sqft. The villa has 3 registered sales; the first was AED 2,600,000 in July 2008.

What is the rent for villa TH470?

AED 175,000 a year on the contract signed on 25 March 2016. The previous contract, from April 2015, was AED 190,000; the villa has been rented since September 2012.

How big is villa TH470?

2,524 sqft (234.5 sqm): a five-bedroom villa in Al Reem 1, completed in 2007.

What is villa TH470 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 TH470, Al Reem 1

Starts from the last sale price (AED 2.26M, 4 September 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,260,000
Deposit, UAE resident (20%)
AED 452,000
Deposit, non-resident (40%)
AED 904,000
Monthly over 25 years at 3.7%
AED 9,246

Plus AED 99,930 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →