5-bed · 3,061 sqftAl Reem 3, Arabian Ranches · completed 2007

TH032, Al Reem 3

Sold prices and rental history: sold 3 times, last in November 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH032 · DLD and Ejari recordsUpdated 21 November 2018
Last soldAED 2.5M21 November 2018
Current rentAED 225K /yr1 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH032, Al Reem 3

What is TH032 worth today?

Last sold for AED 2,500,000 in 2018

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21 Nov 2018SoldReady
AED 2,500,000AED 816 per sqft
1 Oct 2017RentedNew contract
AED 225,000/yr12 months · AED 74 per sqft
1 Oct 2015RentedNew contract
AED 225,000/yr12 months · AED 74 per sqft
3 Sep 2013RentedNew contract
AED 235,000/yr12 months · AED 77 per sqft
14 Apr 2011SoldReady
AED 2,119,048AED 692 per sqft
13 Jan 2008Sold by developerReady
AED 2,175,000AED 710 per sqft

Source: Dubai Land Department. Updated 21 November 2018.

Key facts

Type
5-bed villa
Size
3,061 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 2.5M · November 2018
Community
Al Reem 3

About TH032, Al Reem 3

TH032 is a five-bedroom villa of 3,061 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 21 November 2018 for AED 2,500,000, or AED 816 per sqft, in line with the AED 816 five-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 October 2017, is AED 225,000 a year: a gross yield of 9.0% on the 2018 price, before the service charge of about AED 9,400 a year.

Sales and rents for TH032 over time

Sales
Villa TH032, 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 2,175,000 (AED 710 per sqft)Sold, April 2011: AED 2,119,048 (AED 692 per sqft)Sold, November 2018: AED 2,500,000 (AED 816 per sqft)

TH032 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH032, each contractTypical five-bed in Al Reem 3
100K200K2012201620202024Typical 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 230,000New contract, September 2013: AED 235,000 a yearNew contract, October 2015: AED 225,000 a yearNew contract, October 2017: AED 225,000 a year

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 TH032 sits

All 43 5-beds →

TH032 last sold in November 2018 at AED 816 per sqft, in line with what five-beds in Al Reem 3 were fetching at the time (AED 816). TH032's AED 225,000 is in the lower half of that range.

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 →

TH032, Al Reem 3 in numbers

  • Sold 3 times: first on 13 January 2008 for AED 2,175,000, last on 21 November 2018 for AED 2,500,000 (AED 816 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, from AED 235,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2018 price is 9.0%, before a service charge of about AED 9,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 21 November 2018.

Questions about TH032, Al Reem 3

What did villa TH032 last sell for?

AED 2,500,000 on 21 November 2018: AED 816 per sqft for 3,061 sqft. The villa has 3 registered sales; the first was AED 2,175,000 in January 2008.

What is the rent for villa TH032?

AED 225,000 a year on the contract signed on 1 October 2017. The previous contract, from October 2015, was AED 225,000; the villa has been rented since September 2013.

How big is villa TH032?

3,061 sqft (284.4 sqm): a five-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH032 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 TH032, Al Reem 3

Starts from the last sale price (AED 2.5M, 21 November 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →