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

TH012, Al Reem 3

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH012 · DLD and Ejari recordsUpdated 6 May 2024
Last soldAED 4.45M6 May 2024
Current rentAED 170K /yr18 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH012, Al Reem 3

What is TH012 worth today?

Last sold for AED 4,450,000 in 2024

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6 May 2024SoldReady
AED 4,450,000AED 1,561 per sqft
18 Jan 2023RentedRenewal
AED 170,000/yr12 months · AED 60 per sqft
18 Jan 2022RentedNew contract
AED 160,000/yr12 months · AED 56 per sqft
1 Jun 2021RentedRenewal
AED 115,000/yr12 months · AED 40 per sqft
1 Jun 2020RentedNew contract
AED 110,000/yr12 months · AED 39 per sqft
20 Nov 2019RentedNew contract
AED 140,000/yr12 months · AED 49 per sqft
1 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 46 per sqft
21 Aug 2017RentedRenewal
AED 170,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 6 May 2024.

Key facts

Type
3-bed villa
Size
2,850 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 4.45M · May 2024
Community
Al Reem 3

About TH012, Al Reem 3

TH012 is a three-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 6 May 2024 for AED 4,450,000, or AED 1,561 per sqft, 15% above the AED 1,356 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 18 January 2023, is AED 170,000 a year: a gross yield of 3.8% on the 2024 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH012 over time

Sales
Villa TH012, each saleTypical three-bed in Al Reem 3
02.5M5M20072012201720222027Typical sale price by year: 2007 AED 633,944; 2008 AED 1,376,944; 2009 AED 1,075,888; 2010 AED 1,430,000; 2011 AED 1,325,000; 2012 AED 1,850,000; 2013 AED 2,012,500; 2014 AED 2,837,500; 2015 AED 1,965,000; 2016 AED 2,275,000; 2017 AED 2,150,000; 2018 AED 2,050,000; 2019 AED 1,220,000; 2020 AED 1,525,000; 2021 AED 1,800,000; 2022 AED 2,320,000; 2023 AED 3,375,000; 2024 AED 3,800,000; 2025 AED 4,650,000; 2026 AED 5,350,000Sold by developer, July 2010: AED 1,016,888 (AED 356 per sqft)Sold, May 2024: AED 4,450,000 (AED 1,561 per sqft)

TH012 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH012, each contractTypical three-bed in Al Reem 3
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 140,000; 2014 AED 156,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 150,000; 2018 AED 134,278; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 128,000; 2023 AED 146,250; 2024 AED 162,512; 2025 AED 175,920; 2026 AED 153,500New contract, June 2012: AED 150,000 a yearNew contract, June 2013: AED 150,000 a yearNew contract, June 2014: AED 150,000 a yearNew contract, April 2015: AED 180,000 a yearNew contract, August 2016: AED 170,000 a yearRenewal, August 2017: AED 170,000 a yearNew contract, October 2018: AED 130,000 a yearNew contract, November 2019: AED 140,000 a yearNew contract, June 2020: AED 110,000 a yearRenewal, June 2021: AED 115,000 a yearNew contract, January 2022: AED 160,000 a yearRenewal, January 2023: AED 170,000 a year

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

3-beds in Al Reem 3, and where TH012 sits

All 98 3-beds →

TH012 last sold in May 2024 at AED 1,561 per sqft, 15% above what three-beds in Al Reem 3 were fetching at the time (AED 1,356). Over the last 12 months three-beds sold for AED 4,400,000 to 6,700,000, around AED 2,046 per sqft, and rent for AED 105,000 to 500,000 a year. TH012's AED 170,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
3 Feb 20265,875,000
21 Jan 20265,600,000
13 Jan 20264,450,000
9 Jan 20265,100,000
9 3-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 →

TH012, Al Reem 3 in numbers

  • Sold twice: first on 1 July 2010 for AED 1,016,888, last on 6 May 2024 for AED 4,450,000 (AED 1,561 per sqft).
  • Rented since June 2012 on 12 Ejari contracts. The rent fell from AED 150,000 to AED 110,000 in 2020 and recovered to AED 170,000 by January 2023.
  • At AED 170,000 a year the gross yield on the 2024 price is 3.8%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 3 sold for AED 4,400,000–6,700,000 in the 12 months to November 2026; the community's median across all types is AED 2,046 per sqft.

Source: Dubai Land Department. Updated 6 May 2024.

Questions about TH012, Al Reem 3

What did villa TH012 last sell for?

AED 4,450,000 on 6 May 2024: AED 1,561 per sqft for 2,850 sqft. The villa has 2 registered sales; the first was AED 1,016,888 in July 2010.

What is the rent for villa TH012?

AED 170,000 a year on the contract renewed on 18 January 2023. The previous contract, from January 2022, was AED 160,000; the villa has been rented since June 2012.

How big is villa TH012?

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

What is villa TH012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 3 sold for AED 4,400,000 to 6,700,000 in the last 12 months, around AED 2,046 per sqft.

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Mortgage on TH012, Al Reem 3

Starts from the last sale price (AED 4.45M, 6 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,450,000
Deposit, UAE resident (20%)
AED 890,000
Deposit, non-resident (40%)
AED 1,780,000
Monthly over 25 years at 3.7%
AED 18,206

Plus AED 191,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →