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6-bed · 2,850 sqftAl Reem 3, Arabian Ranches · completed 2007

TH040, Al Reem 3

Sold prices and rental history: sold once, by the developer in January 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH040 · DLD and Ejari recordsUpdated 30 September 2024
Last soldAED 1.18M28 January 2008
Current rentAED 159K /yr30 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH040, Al Reem 3

What is TH040 worth today?

Last sold for AED 1,181,888 in 2008

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30 Sep 2024RentedRenewal
AED 159,116/yr12 months · AED 56 per sqft
1 Oct 2022RentedRenewal
AED 137,000/yr12 months · AED 48 per sqft
1 Oct 2021RentedNew contract
AED 137,000/yr12 months · AED 48 per sqft
15 Nov 2019RentedRenewal
AED 145,000/yr12 months · AED 51 per sqft
15 Nov 2017RentedRenewal
AED 182,000/yr12 months · AED 64 per sqft
15 Jul 2013RentedNew contract
AED 180,000/yr12 months · AED 63 per sqft
28 Jan 2008Sold by developerReady
AED 1,181,888AED 414 per sqft

Source: Dubai Land Department. Updated 30 September 2024.

Key facts

Type
6-bed villa
Size
2,850 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 1.18M · January 2008
Community
Al Reem 3

About TH040, Al Reem 3

TH040 is a six-bedroom villa of 2,850 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 28 January 2008 for AED 1,181,888, or AED 414 per sqft, 54% above the AED 269 six-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 30 September 2024, is AED 159,116 a year: a gross yield of 13.5% on the 2008 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH040 over time

Sales
Villa TH040, each saleTypical six-bed in Al Reem 3
2M4M2007201220172022Typical sale price by year: 2007 AED 601,444; 2008 AED 1,590,000; 2009 AED 1,038,888; 2010 AED 1,180,388; 2011 AED 1,083,888; 2012 AED 2,250,000; 2013 AED 2,835,000; 2014 AED 3,459,375; 2017 AED 2,687,500; 2021 AED 2,155,000; 2023 AED 3,715,000Sold by developer, January 2008: AED 1,181,888 (AED 414 per sqft)

TH040 has sold once; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH040, each contractTypical six-bed in Al Reem 3
200K2012201620202024Typical rent by year: 2012 AED 148,000; 2013 AED 166,500; 2014 AED 185,000; 2015 AED 192,500; 2016 AED 186,500; 2017 AED 177,500; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 125,174; 2021 AED 130,000; 2022 AED 139,500; 2023 AED 160,000; 2024 AED 203,563; 2025 AED 215,000; 2026 AED 260,000New contract, July 2013: AED 180,000 a yearRenewal, November 2017: AED 182,000 a yearRenewal, November 2019: AED 145,000 a yearNew contract, October 2021: AED 137,000 a yearRenewal, October 2022: AED 137,000 a yearRenewal, September 2024: AED 159,116 a year

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 TH040 sits

All 52 6-beds →

TH040 last sold in January 2008 at AED 414 per sqft, 54% above what six-beds in Al Reem 3 were fetching at the time (AED 269). TH040's AED 159,116 is at the bottom of that range.

Recent 6-bed salesVilla no.Price (AED)Summary
11 Oct 20234,375,000
20 Sep 20232,775,000
1 Aug 20234,150,000
28 Jul 20233,700,000
0 6-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 →

TH040, Al Reem 3 in numbers

  • Sold once: by Emaar on 28 January 2008 for AED 1,181,888, or AED 414 per sqft.
  • Rented since July 2013 on 6 Ejari contracts. The rent fell from AED 180,000 to AED 137,000 in 2022 and recovered to AED 159,116 by September 2024.
  • At AED 159,116 a year the gross yield on the 2008 price is 13.5%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 30 September 2024.

Questions about TH040, Al Reem 3

What did villa TH040 last sell for?

AED 1,181,888 on 28 January 2008, sold by the developer: AED 414 per sqft for 2,850 sqft. It is the only registered sale of the villa.

What is the rent for villa TH040?

AED 159,116 a year on the contract renewed on 30 September 2024. The previous contract, from October 2022, was AED 137,000; the villa has been rented since July 2013.

How big is villa TH040?

2,850 sqft (264.8 sqm): a six-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH040 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 TH040, Al Reem 3

Starts from the last sale price (AED 1.18M, 28 January 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,181,888
Deposit, UAE resident (20%)
AED 236,378
Deposit, non-resident (40%)
AED 472,755
Monthly over 25 years at 3.7%
AED 4,835

Plus AED 54,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →