3-bed · 1,908 sqftAl Reem 3, Arabian Ranches · completed 2007

TH056, Al Reem 3

Sold prices and rental history: sold 4 times, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH056 · DLD and Ejari recordsUpdated 15 June 2023
Last soldAED 3.32M15 June 2023
Current rentAED 105K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH056, Al Reem 3

What is TH056 worth today?

Last sold for AED 3,320,000 in 2023

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15 Jun 2023SoldReady
AED 3,320,000AED 1,739 per sqft
10 Oct 2021SoldReady
AED 2,000,000AED 1,048 per sqft
1 Aug 2021RentedNew contract
AED 105,000/yr12 months · AED 55 per sqft
24 Jan 2019RentedRenewal
AED 110,000/yr12 months · AED 58 per sqft
24 Jan 2018RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
23 Jul 2016RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
10 Oct 2015RentedRenewal
AED 200,000/yr12 months · AED 105 per sqft
10 Oct 2015RentedNew contract
AED 175,000/yr12 months · AED 92 per sqft

Source: Dubai Land Department. Updated 15 June 2023.

Key facts

Type
3-bed villa
Size
1,908 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,900 /yr
Last sold
AED 3.32M · June 2023
Community
Al Reem 3

About TH056, Al Reem 3

TH056 is a three-bedroom villa of 1,908 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 15 June 2023 for AED 3,320,000, or AED 1,739 per sqft, 59% above the AED 1,095 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 1 August 2021, is AED 105,000 a year: a gross yield of 3.2% on the 2023 price, before the service charge of about AED 5,900 a year.

Sales and rents for TH056 over time

Sales
Villa TH056, each saleTypical three-bed in Al Reem 3
02.5M5M20072012201720222027Typical sale price by year: 2007 AED 633,944; 2008 AED 1,376,944; 2009 AED 1,075,888; 2010 AED 1,430,000; 2011 AED 1,325,000; 2012 AED 1,850,000; 2013 AED 2,012,500; 2014 AED 2,837,500; 2015 AED 1,965,000; 2016 AED 2,275,000; 2017 AED 2,150,000; 2018 AED 2,050,000; 2019 AED 1,220,000; 2020 AED 1,525,000; 2021 AED 1,800,000; 2022 AED 2,320,000; 2023 AED 3,375,000; 2024 AED 3,800,000; 2025 AED 4,650,000; 2026 AED 5,350,000Sold by developer, February 2009: AED 388,944 (AED 203 per sqft)Sold, June 2010: AED 1,600,000 (AED 838 per sqft)Sold, October 2021: AED 2,000,000 (AED 1,048 per sqft)Sold, June 2023: AED 3,320,000 (AED 1,739 per sqft)

TH056 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH056, each contractTypical three-bed in Al Reem 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 140,000; 2014 AED 156,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 150,000; 2018 AED 134,278; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 128,000; 2023 AED 146,250; 2024 AED 162,512; 2025 AED 175,920; 2026 AED 153,500New contract, March 2014: AED 180,000 a yearNew contract, October 2014: AED 200,000 a yearRenewal, October 2015: AED 200,000 a yearNew contract, October 2015: AED 175,000 a yearNew contract, July 2016: AED 160,000 a yearNew contract, January 2018: AED 120,000 a yearRenewal, January 2019: AED 110,000 a yearNew contract, August 2021: AED 105,000 a year

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

3-beds in Al Reem 3, and where TH056 sits

All 98 3-beds →

TH056 last sold in June 2023 at AED 1,739 per sqft, 59% above what three-beds in Al Reem 3 were fetching at the time (AED 1,095). Over the last 12 months three-beds sold for AED 4,400,000 to 6,700,000, around AED 2,046 per sqft, and rent for AED 105,000 to 500,000 a year. TH056's AED 105,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
3 Feb 20265,875,000
21 Jan 20265,600,000
13 Jan 20264,450,000
9 Jan 20265,100,000
9 3-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 →

TH056, Al Reem 3 in numbers

  • Sold 4 times: first on 3 February 2009 for AED 388,944, last on 15 June 2023 for AED 3,320,000 (AED 1,739 per sqft).
  • Rented since March 2014 on 8 Ejari contracts, from AED 180,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 3.2%, before a service charge of about AED 5,900 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 3 sold for AED 4,400,000–6,700,000 in the 12 months to November 2026; the community's median across all types is AED 2,046 per sqft.

Source: Dubai Land Department. Updated 15 June 2023.

Questions about TH056, Al Reem 3

What did villa TH056 last sell for?

AED 3,320,000 on 15 June 2023: AED 1,739 per sqft for 1,908 sqft. The villa has 4 registered sales; the first was AED 388,944 in February 2009.

What is the rent for villa TH056?

AED 105,000 a year on the contract signed on 1 August 2021. The previous contract, from January 2019, was AED 110,000; the villa has been rented since March 2014.

How big is villa TH056?

1,908 sqft (177.3 sqm): a three-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH056 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 3 sold for AED 4,400,000 to 6,700,000 in the last 12 months, around AED 2,046 per sqft.

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Mortgage on TH056, Al Reem 3

Starts from the last sale price (AED 3.32M, 15 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,320,000
Deposit, UAE resident (20%)
AED 664,000
Deposit, non-resident (40%)
AED 1,328,000
Monthly over 25 years at 3.7%
AED 13,583

Plus AED 144,450 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →