TH031, Al Reem 3
Sold prices and rental history: sold once, by the developer in July 2008, and rented once, from July 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH031, Al Reem 3
What is TH031 worth today?
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Source: Dubai Land Department. Updated 13 July 2015.
Key facts
- Type
- 5-bed villa
- Size
- 3,067 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 9,400 /yr
- Last sold
- AED 2.08M · July 2008
- Community
- Al Reem 3
About TH031, Al Reem 3
TH031 is a five-bedroom villa of 3,067 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 13 July 2008 for AED 2,080,000, or AED 678 per sqft, 78% above the AED 381 five-beds in the community were fetching at the time.
One Ejari contract is registered, from 13 July 2015. The current contract, signed on 13 July 2015, is AED 120,000 a year: a gross yield of 5.8% on the 2008 price, before the service charge of about AED 9,400 a year.
Sales and rents for TH031 over time
TH031 has sold once; the dashed line is the five-bed median of each year in the community.
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 TH031 sits
All 43 5-beds →TH031 last sold in July 2008 at AED 678 per sqft, 78% above what five-beds in Al Reem 3 were fetching at the time (AED 381). TH031's AED 120,000 is at the bottom of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 15 Mar 202315 March 2023 | 3,179 sqft | 3,150,000 | 991 | ||
| 2 Feb 20232 February 2023 | 1,709 sqft | 3,320,000 | 1,943 | ||
| 30 Jan 202330 January 2023 | 3,179 sqft | 3,300,000 | 1,038 | ||
| 13 Oct 202213 October 2022 | 2,641 sqft | 2,400,000 | 908 |
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%
TH031, Al Reem 3 in numbers
- Sold once: by Emaar on 13 July 2008 for AED 2,080,000, or AED 678 per sqft.
- Rented since July 2015 on one Ejari contract, at AED 120,000 a year.
- At AED 120,000 a year the gross yield on the 2008 price is 5.8%, before a service charge of about AED 9,400 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 13 July 2015.
Questions about TH031, Al Reem 3
What did villa TH031 last sell for?
AED 2,080,000 on 13 July 2008, sold by the developer: AED 678 per sqft for 3,067 sqft. It is the only registered sale of the villa.
What is the rent for villa TH031?
AED 120,000 a year on the contract signed on 13 July 2015.
How big is villa TH031?
3,067 sqft (284.9 sqm): a five-bedroom villa in Al Reem 3, completed in 2007.
What is villa TH031 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 TH031, Al Reem 3
Starts from the last sale price (AED 2.08M, 13 July 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 2,080,000
- Deposit, UAE resident (20%)
- AED 416,000
- Deposit, non-resident (40%)
- AED 832,000
- Monthly over 25 years at 3.7%
- AED 8,510
Plus AED 92,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →