Home
Dubai prices
About
Research
6-bed · 2,850 sqftAl Reem 3, Arabian Ranches · completed 2007

TH016, Al Reem 3

Sold prices and rental history: sold 3 times, last in October 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH016 · DLD and Ejari recordsUpdated 30 October 2019
Last soldAED 2.2M30 October 2019
Current rentAED 170K /yr1 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH016

Property timeline for TH016, Al Reem 3

What is TH016 worth today?

Last sold for AED 2,200,000 in 2019

Unlock today's estimate, updated daily, with

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

30 Oct 2019SoldReady
AED 2,200,000AED 771 per sqft
1 Aug 2018RentedRenewal
AED 170,000/yr12 months · AED 60 per sqft
1 Aug 2017RentedRenewal
AED 185,000/yr12 months · AED 65 per sqft
15 Jul 2015RentedNew contract
AED 200,000/yr12 months · AED 70 per sqft
15 Jul 2014RentedNew contract
AED 200,000/yr12 months · AED 70 per sqft
15 Jul 2013RentedNew contract
AED 200,000/yr12 months · AED 70 per sqft
10 Jun 2008SoldReady
AED 3,200,000AED 1,122 per sqft
1 Nov 2007Sold by developerReady
AED 601,444AED 211 per sqft

Source: Dubai Land Department. Updated 30 October 2019.

Key facts

Type
6-bed villa
Size
2,850 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 2.2M · October 2019
Community
Al Reem 3

About TH016, Al Reem 3

TH016 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 30 October 2019 for AED 2,200,000, or AED 771 per sqft.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 August 2018, is AED 170,000 a year: a gross yield of 7.7% on the 2019 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH016 over time

Sales
Villa TH016, 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, November 2007: AED 601,444 (AED 211 per sqft)Sold, June 2008: AED 3,200,000 (AED 1,122 per sqft)Sold, October 2019: AED 2,200,000 (AED 771 per sqft)

TH016 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH016, 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, July 2013: AED 200,000 a yearNew contract, July 2014: AED 200,000 a yearNew contract, July 2015: AED 200,000 a yearRenewal, August 2017: AED 185,000 a yearRenewal, August 2018: AED 170,000 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 TH016 sits

All 52 6-beds →

TH016's AED 170,000 is at the bottom 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 →

TH016, Al Reem 3 in numbers

  • Sold 3 times: first on 1 November 2007 for AED 601,444, last on 30 October 2019 for AED 2,200,000 (AED 771 per sqft).
  • Rented since July 2013 on 5 Ejari contracts, from AED 200,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2019 price is 7.7%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 30 October 2019.

Questions about TH016, Al Reem 3

What did villa TH016 last sell for?

AED 2,200,000 on 30 October 2019: AED 771 per sqft for 2,850 sqft. The villa has 3 registered sales; the first was AED 601,444 in November 2007.

What is the rent for villa TH016?

AED 170,000 a year on the contract renewed on 1 August 2018. The previous contract, from August 2017, was AED 185,000; the villa has been rented since July 2013.

How big is villa TH016?

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

What is villa TH016 worth today?

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

Selling TH016? 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 TH016, Al Reem 3

Starts from the last sale price (AED 2.2M, 30 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

Plus AED 97,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →