Home
Dubai prices
About
Research
6-bed · 2,856 sqftAl Reem 3, Arabian Ranches · completed 2007

TH021, Al Reem 3

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

Villa TH021 · DLD and Ejari recordsUpdated 9 October 2017
Last soldAED 2.7M9 October 2017
Current rentAED 200K /yr2 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH021

Property timeline for TH021, Al Reem 3

What is TH021 worth today?

Last sold for AED 2,700,000 in 2017

Unlock today's estimate, updated daily, with

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

9 Oct 2017SoldReady
AED 2,700,000AED 945 per sqft
2 Oct 2016RentedNew contract
AED 200,000/yr12 months · AED 70 per sqft
2 Sep 2015RentedRenewal
AED 205,000/yr12 months · AED 72 per sqft
2 Sep 2014RentedNew contract
AED 215,000/yr12 months · AED 75 per sqft
1 Sep 2013RentedNew contract
AED 165,000/yr12 months · AED 58 per sqft
24 Sep 2008Sold by developerReady
AED 1,680,000AED 588 per sqft

Source: Dubai Land Department. Updated 9 October 2017.

Key facts

Type
6-bed villa
Size
2,856 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 2.7M · October 2017
Community
Al Reem 3

About TH021, Al Reem 3

TH021 is a six-bedroom villa of 2,856 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 9 October 2017 for AED 2,700,000, or AED 945 per sqft, in line with the AED 946 six-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 2 October 2016, is AED 200,000 a year: a gross yield of 7.4% on the 2017 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH021 over time

Sales
Villa TH021, 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, September 2008: AED 1,680,000 (AED 588 per sqft)Sold, October 2017: AED 2,700,000 (AED 945 per sqft)

TH021 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH021, 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, September 2013: AED 165,000 a yearNew contract, September 2014: AED 215,000 a yearRenewal, September 2015: AED 205,000 a yearNew contract, October 2016: AED 200,000 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 TH021 sits

All 52 6-beds →

TH021 last sold in October 2017 at AED 945 per sqft, in line with what six-beds in Al Reem 3 were fetching at the time (AED 946). TH021's AED 200,000 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 →

TH021, Al Reem 3 in numbers

  • Sold twice: first on 24 September 2008 for AED 1,680,000, last on 9 October 2017 for AED 2,700,000 (AED 945 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 165,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2017 price is 7.4%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 9 October 2017.

Questions about TH021, Al Reem 3

What did villa TH021 last sell for?

AED 2,700,000 on 9 October 2017: AED 945 per sqft for 2,856 sqft. The villa has 2 registered sales; the first was AED 1,680,000 in September 2008.

What is the rent for villa TH021?

AED 200,000 a year on the contract signed on 2 October 2016. The previous contract, from September 2015, was AED 205,000; the villa has been rented since September 2013.

How big is villa TH021?

2,856 sqft (265.3 sqm): a six-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH021 worth today?

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

Selling TH021? 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 TH021, Al Reem 3

Starts from the last sale price (AED 2.7M, 9 October 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 →