TH022, Al Reem 3
Sold prices and rental history: sold twice, last in August 2014, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH022, Al Reem 3
What is TH022 worth today?
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Source: Dubai Land Department. Updated 5 January 2015.
Key facts
- Type
- 6-bed villa
- Size
- 2,850 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 8,800 /yr
- Last sold
- AED 3.5M · August 2014
- Community
- Al Reem 3
About TH022, Al Reem 3
TH022 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 13 August 2014 for AED 3,500,000, or AED 1,227 per sqft, in line with the AED 1,192 six-beds in the community were fetching at the time.
It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 5 January 2015, is AED 60,000 a year: a gross yield of 1.7% on the 2014 price, before the service charge of about AED 8,800 a year.
Sales and rents for TH022 over time
TH022 has sold twice; the dashed line is the six-bed median of each year in the community.
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 TH022 sits
All 52 6-beds →TH022 last sold in August 2014 at AED 1,227 per sqft, in line with what six-beds in Al Reem 3 were fetching at the time (AED 1,192). TH022's AED 60,000 is at the bottom of that range.
| Recent 6-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Oct 202311 October 2023 | 2,856 sqft | 4,375,000 | 1,531 | ||
| 20 Sep 202320 September 2023 | 2,530 sqft | 2,775,000 | 1,096 | ||
| 1 Aug 20231 August 2023 | 2,856 sqft | 4,150,000 | 1,453 | ||
| 28 Jul 202328 July 2023 | 2,850 sqft | 3,700,000 | 1,298 |
Al Reem 3
Community300 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%
TH022, Al Reem 3 in numbers
- Sold twice: first on 29 November 2010 for AED 1,178,888, last on 13 August 2014 for AED 3,500,000 (AED 1,227 per sqft).
- Rented since October 2012 on 3 Ejari contracts, from AED 170,000 to AED 60,000 a year.
- At AED 60,000 a year the gross yield on the 2014 price is 1.7%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 5 January 2015.
Questions about TH022, Al Reem 3
What did villa TH022 last sell for?
AED 3,500,000 on 13 August 2014: AED 1,227 per sqft for 2,850 sqft. The villa has 2 registered sales; the first was AED 1,178,888 in November 2010.
What is the rent for villa TH022?
AED 60,000 a year on the contract signed on 5 January 2015. The previous contract, from November 2012, was AED 170,000; the villa has been rented since October 2012.
How big is villa TH022?
2,850 sqft (264.8 sqm): a six-bedroom villa in Al Reem 3, completed in 2007.
What is villa TH022 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 TH022, Al Reem 3
Starts from the last sale price (AED 3.5M, 13 August 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus AED 152,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →