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

TH036, Al Reem 3

Sold prices and rental history: sold twice, last in May 2015, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH036 · DLD and Ejari recordsUpdated 27 May 2015
Last soldAED 3.25M27 May 2015
Current rentAED 205K /yr1 July 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH036, Al Reem 3

What is TH036 worth today?

Last sold for AED 3,250,000 in 2015

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27 May 2015SoldReady
AED 3,250,000AED 1,061 per sqft
1 Jul 2014RentedRenewal
AED 204,750/yr12 months · AED 67 per sqft
1 Jul 2013RentedNew contract
AED 195,000/yr12 months · AED 64 per sqft
14 Nov 2007Sold by developerReady
AED 665,944AED 217 per sqft

Source: Dubai Land Department. Updated 27 May 2015.

Key facts

Type
5-bed villa
Size
3,061 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 3.25M · May 2015
Community
Al Reem 3

About TH036, Al Reem 3

TH036 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 27 May 2015 for AED 3,250,000, or AED 1,061 per sqft, 9% above the AED 971 five-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 1 July 2014, is AED 204,750 a year: a gross yield of 6.3% on the 2015 price, before the service charge of about AED 9,400 a year.

Sales and rents for TH036 over time

Sales
Villa TH036, 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, November 2007: AED 665,944 (AED 217 per sqft)Sold, May 2015: AED 3,250,000 (AED 1,061 per sqft)

TH036 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH036, 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 230,000New contract, July 2013: AED 195,000 a yearRenewal, July 2014: AED 204,750 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 TH036 sits

All 43 5-beds →

TH036 last sold in May 2015 at AED 1,061 per sqft, 9% above what five-beds in Al Reem 3 were fetching at the time (AED 971). TH036's AED 204,750 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 →

TH036, Al Reem 3 in numbers

  • Sold twice: first on 14 November 2007 for AED 665,944, last on 27 May 2015 for AED 3,250,000 (AED 1,061 per sqft).
  • Rented since July 2013 on 2 Ejari contracts, from AED 195,000 to AED 204,750 a year.
  • At AED 204,750 a year the gross yield on the 2015 price is 6.3%, before a service charge of about AED 9,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 27 May 2015.

Questions about TH036, Al Reem 3

What did villa TH036 last sell for?

AED 3,250,000 on 27 May 2015: AED 1,061 per sqft for 3,061 sqft. The villa has 2 registered sales; the first was AED 665,944 in November 2007.

What is the rent for villa TH036?

AED 204,750 a year on the contract renewed on 1 July 2014. The previous contract, from July 2013, was AED 195,000.

How big is villa TH036?

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

What is villa TH036 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 TH036, Al Reem 3

Starts from the last sale price (AED 3.25M, 27 May 2015). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

Plus AED 141,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →