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

TH018, Al Reem 3

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

Villa TH018 · DLD and Ejari recordsUpdated 10 December 2013
Last soldAED 3.4M10 December 2013
Current rentAED 168K /yr1 October 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH018, Al Reem 3

What is TH018 worth today?

Last sold for AED 3,400,000 in 2013

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10 Dec 2013SoldReady
AED 3,400,000AED 1,192 per sqft
1 Oct 2013RentedNew contract
AED 168,000/yr12 months · AED 59 per sqft
18 Aug 2011SoldReady
AED 2,180,000AED 764 per sqft
18 Jan 2009Sold by developerReady
AED 1,178,888AED 413 per sqft

Source: Dubai Land Department. Updated 10 December 2013.

Key facts

Type
6-bed villa
Size
2,850 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 3.4M · December 2013
Community
Al Reem 3

About TH018, Al Reem 3

TH018 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 10 December 2013 for AED 3,400,000, or AED 1,192 per sqft, 21% above the AED 986 six-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 October 2013. The current contract, signed on 1 October 2013, is AED 168,000 a year: a gross yield of 4.9% on the 2013 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH018 over time

Sales
Villa TH018, 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, January 2009: AED 1,178,888 (AED 413 per sqft)Sold, August 2011: AED 2,180,000 (AED 764 per sqft)Sold, December 2013: AED 3,400,000 (AED 1,192 per sqft)

TH018 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH018, 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, October 2013: AED 168,000 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 TH018 sits

All 52 6-beds →

TH018 last sold in December 2013 at AED 1,192 per sqft, 21% above what six-beds in Al Reem 3 were fetching at the time (AED 986). TH018's AED 168,000 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 →

TH018, Al Reem 3 in numbers

  • Sold 3 times: first on 18 January 2009 for AED 1,178,888, last on 10 December 2013 for AED 3,400,000 (AED 1,192 per sqft).
  • Rented since October 2013 on one Ejari contract, at AED 168,000 a year.
  • At AED 168,000 a year the gross yield on the 2013 price is 4.9%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 10 December 2013.

Questions about TH018, Al Reem 3

What did villa TH018 last sell for?

AED 3,400,000 on 10 December 2013: AED 1,192 per sqft for 2,850 sqft. The villa has 3 registered sales; the first was AED 1,178,888 in January 2009.

What is the rent for villa TH018?

AED 168,000 a year on the contract signed on 1 October 2013.

How big is villa TH018?

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

What is villa TH018 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 TH018, Al Reem 3

Starts from the last sale price (AED 3.4M, 10 December 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →