5-bed · 3,067 sqftAl Reem 3, Arabian Ranches · completed 2007

TH023, Al Reem 3

Sold prices and rental history: sold twice, last in May 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH023 · DLD and Ejari recordsUpdated 28 May 2013
Last soldAED 3.4M28 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH023, Al Reem 3

What is TH023 worth today?

Last sold for AED 3,400,000 in 2013

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28 May 2013SoldReady
AED 3,400,000AED 1,108 per sqft
27 Jan 2008Sold by developerReady
AED 2,910,000AED 948 per sqft

Source: Dubai Land Department. Updated 28 May 2013.

Key facts

Type
5-bed villa
Size
3,067 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 3.4M · May 2013
Community
Al Reem 3

About TH023, Al Reem 3

TH023 is a five-bedroom villa of 3,067 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 28 May 2013 for AED 3,400,000, or AED 1,108 per sqft, 19% above the AED 930 five-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH023 over time

Sales
Villa TH023, each saleTypical five-bed in Al Reem 3
2M2007201220172022Typical sale price by year: 2007 AED 665,944; 2008 AED 2,175,000; 2009 AED 1,850,000; 2010 AED 1,400,000; 2011 AED 1,800,000; 2012 AED 1,325,000; 2013 AED 2,975,000; 2015 AED 3,250,000; 2016 AED 2,575,000; 2017 AED 2,105,000; 2018 AED 2,550,000; 2021 AED 3,050,000; 2022 AED 2,840,000; 2023 AED 3,300,000Sold by developer, January 2008: AED 2,910,000 (AED 948 per sqft)Sold, May 2013: AED 3,400,000 (AED 1,108 per sqft)

TH023 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH023, each contractTypical five-bed in Al Reem 3
150K200K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 190,000; 2014 AED 200,000; 2015 AED 190,000; 2016 AED 189,500; 2017 AED 165,000; 2018 AED 157,500; 2019 AED 142,500; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 142,512; 2023 AED 150,000; 2024 AED 179,500; 2025 AED 230,000

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

5-beds in Al Reem 3, and where TH023 sits

All 43 5-beds →

TH023 last sold in May 2013 at AED 1,108 per sqft, 19% above what five-beds in Al Reem 3 were fetching at the time (AED 930).

Recent 5-bed salesVilla no.Price (AED)Summary
15 Mar 20233,150,000
2 Feb 20233,320,000
30 Jan 20233,300,000
13 Oct 20222,400,000
0 5-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 →

TH023, Al Reem 3 in numbers

  • Sold twice: first on 27 January 2008 for AED 2,910,000, last on 28 May 2013 for AED 3,400,000 (AED 1,108 per sqft).

Source: Dubai Land Department. Updated 28 May 2013.

Questions about TH023, Al Reem 3

What did villa TH023 last sell for?

AED 3,400,000 on 28 May 2013: AED 1,108 per sqft for 3,067 sqft. The villa has 2 registered sales; the first was AED 2,910,000 in January 2008.

How big is villa TH023?

3,067 sqft (284.9 sqm): a five-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH023 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 TH023, Al Reem 3

Starts from the last sale price (AED 3.4M, 28 May 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 →