2-bed · 1,720 sqftAl Reem 3, Arabian Ranches · completed 2007

TH055, Al Reem 3

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH055 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 2.41M14 March 2024
Current rentAED 85K /yr19 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH055, Al Reem 3

What is TH055 worth today?

Last sold for AED 2,410,000 in 2024

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14 Mar 2024SoldReady
AED 2,410,000AED 1,400 per sqft
26 Jan 2022SoldReady
AED 1,800,000AED 1,046 per sqft
19 Nov 2020RentedNew contract
AED 85,000/yr12 months · AED 49 per sqft
1 Jul 2019RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
1 Feb 2018RentedNew contract
AED 118,000/yr12 months · AED 69 per sqft
1 Feb 2017RentedRenewal
AED 126,500/yr12 months · AED 74 per sqft
1 Feb 2016RentedRenewal
AED 126,500/yr12 months · AED 74 per sqft
1 Feb 2015RentedNew contract
AED 126,500/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
2-bed villa
Size
1,720 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 2.41M · March 2024
Community
Al Reem 3

About TH055, Al Reem 3

TH055 is a two-bedroom villa of 1,720 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 14 March 2024 for AED 2,410,000, or AED 1,400 per sqft, in line with the AED 1,400 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 19 November 2020, is AED 85,000 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for TH055 over time

Sales
Villa TH055, each saleTypical two-bed in Al Reem 3
1M2M2008201320182023Typical sale price by year: 2008 AED 1,085,000; 2013 AED 1,412,500; 2014 AED 1,950,000; 2024 AED 2,547,500Sold by developer, January 2008: AED 900,000 (AED 523 per sqft)Sold, January 2022: AED 1,800,000 (AED 1,046 per sqft)Sold, March 2024: AED 2,410,000 (AED 1,400 per sqft)

TH055 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH055, each contractTypical two-bed in Al Reem 3
100K200K2013201720212025Typical rent by year: 2013 AED 115,000; 2014 AED 126,500; 2015 AED 135,750; 2016 AED 135,750; 2017 AED 120,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 83,500; 2022 AED 105,000; 2023 AED 125,250; 2024 AED 138,282; 2025 AED 200,000New contract, February 2013: AED 115,000 a yearNew contract, February 2014: AED 115,000 a yearNew contract, February 2015: AED 126,500 a yearRenewal, February 2016: AED 126,500 a yearRenewal, February 2017: AED 126,500 a yearNew contract, February 2018: AED 118,000 a yearNew contract, July 2019: AED 100,000 a yearNew contract, November 2020: AED 85,000 a year

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

2-beds in Al Reem 3, and where TH055 sits

All 8 2-beds →

TH055 last sold in March 2024 at AED 1,400 per sqft, in line with what two-beds in Al Reem 3 were fetching at the time (AED 1,400).

Recent 2-bed salesVilla no.Price (AED)Summary
2 Jul 20253,600,000
12 Sep 20242,600,000
10 Sep 20242,525,000
5 Sep 20242,000,000
0 2-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 →

TH055, Al Reem 3 in numbers

  • Sold 3 times: first on 28 January 2008 for AED 900,000, last on 14 March 2024 for AED 2,410,000 (AED 1,400 per sqft).
  • Rented since February 2013 on 8 Ejari contracts, from AED 115,000 to AED 85,000 a year.
  • At AED 85,000 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 5,300 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 14 March 2024.

Questions about TH055, Al Reem 3

What did villa TH055 last sell for?

AED 2,410,000 on 14 March 2024: AED 1,400 per sqft for 1,720 sqft. The villa has 3 registered sales; the first was AED 900,000 in January 2008.

What is the rent for villa TH055?

AED 85,000 a year on the contract signed on 19 November 2020. The previous contract, from July 2019, was AED 100,000; the villa has been rented since February 2013.

How big is villa TH055?

1,720 sqft (159.8 sqm): a two-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH055 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 TH055, Al Reem 3

Starts from the last sale price (AED 2.41M, 14 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,410,000
Deposit, UAE resident (20%)
AED 482,000
Deposit, non-resident (40%)
AED 964,000
Monthly over 25 years at 3.7%
AED 9,860

Plus AED 106,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →