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6-bed · 2,850 sqftAl Reem 3, Arabian Ranches · completed 2007

TH006, Al Reem 3

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

Villa TH006 · DLD and Ejari recordsUpdated 31 May 2017
Last soldAED 2.7M31 May 2017
Current rentAED 185K /yr12 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH006, Al Reem 3

What is TH006 worth today?

Last sold for AED 2,700,000 in 2017

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31 May 2017SoldReady
AED 2,700,000AED 947 per sqft
12 Sep 2016RentedRenewal
AED 185,000/yr12 months · AED 65 per sqft
12 Sep 2015RentedRenewal
AED 185,000/yr12 months · AED 65 per sqft
12 Sep 2014RentedNew contract
AED 200,000/yr12 months · AED 70 per sqft
1 Jan 2013RentedNew contract
AED 137,500/yr12 months · AED 48 per sqft
7 Oct 2008Sold by developerReady
AED 988,888AED 346 per sqft

Source: Dubai Land Department. Updated 31 May 2017.

Key facts

Type
6-bed villa
Size
2,850 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 2.7M · May 2017
Community
Al Reem 3

About TH006, Al Reem 3

TH006 is a six-bedroom villa of 2,850 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 31 May 2017 for AED 2,700,000, or AED 947 per sqft, in line with the AED 952 six-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 12 September 2016, is AED 185,000 a year: a gross yield of 6.9% on the 2017 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH006 over time

Sales
Villa TH006, each saleTypical six-bed in Al Reem 3
2M4M2007201220172022Typical sale price by year: 2007 AED 601,444; 2008 AED 1,590,000; 2009 AED 1,038,888; 2010 AED 1,180,388; 2011 AED 1,083,888; 2012 AED 2,250,000; 2013 AED 2,835,000; 2014 AED 3,459,375; 2017 AED 2,687,500; 2021 AED 2,155,000; 2023 AED 3,715,000Sold by developer, October 2008: AED 988,888 (AED 346 per sqft)Sold, May 2017: AED 2,700,000 (AED 947 per sqft)

TH006 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH006, each contractTypical six-bed in Al Reem 3
200K2012201620202024Typical rent by year: 2012 AED 148,000; 2013 AED 166,500; 2014 AED 185,000; 2015 AED 192,500; 2016 AED 186,500; 2017 AED 177,500; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 125,174; 2021 AED 130,000; 2022 AED 139,500; 2023 AED 160,000; 2024 AED 203,563; 2025 AED 215,000; 2026 AED 260,000New contract, January 2013: AED 137,500 a yearNew contract, September 2014: AED 200,000 a yearRenewal, September 2015: AED 185,000 a yearRenewal, September 2016: AED 185,000 a year

Annual rent on each registered contract; the dashed line is the six-bed median of each year in the community.

6-beds in Al Reem 3, and where TH006 sits

All 52 6-beds →

TH006 last sold in May 2017 at AED 947 per sqft, in line with what six-beds in Al Reem 3 were fetching at the time (AED 952). TH006's AED 185,000 is in the lower half of that range.

Recent 6-bed salesVilla no.Price (AED)Summary
11 Oct 20234,375,000
20 Sep 20232,775,000
1 Aug 20234,150,000
28 Jul 20233,700,000
0 6-bed sales in the last 12 months

Al Reem 3

Community

300 villas, 2-bed to 6-bed in Arabian Ranches, completed in 2007 by Emaar. 9 sold in the last 12 months.

Typical price per sqft
AED 2,046
Typical sale
AED 5.1M
Typical rent
AED 196K /yr
Typical yield
4.0%
Al Reem 3, Arabian Ranches: prices, sales and rents →

TH006, Al Reem 3 in numbers

  • Sold twice: first on 7 October 2008 for AED 988,888, last on 31 May 2017 for AED 2,700,000 (AED 947 per sqft).
  • Rented since January 2013 on 4 Ejari contracts, from AED 137,500 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2017 price is 6.9%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 31 May 2017.

Questions about TH006, Al Reem 3

What did villa TH006 last sell for?

AED 2,700,000 on 31 May 2017: AED 947 per sqft for 2,850 sqft. The villa has 2 registered sales; the first was AED 988,888 in October 2008.

What is the rent for villa TH006?

AED 185,000 a year on the contract renewed on 12 September 2016. The previous contract, from September 2015, was AED 185,000; the villa has been rented since January 2013.

How big is villa TH006?

2,850 sqft (264.8 sqm): a six-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH006 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 TH006, Al Reem 3

Starts from the last sale price (AED 2.7M, 31 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →