TH059, Al Reem 3
Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH059, Al Reem 3
What is TH059 worth today?
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Source: Dubai Land Department. Updated 24 May 2024.
Key facts
- Type
- 2-bed villa
- Size
- 1,720 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 5,300 /yr
- Last sold
- AED 3.05M · May 2024
- Community
- Al Reem 3
About TH059, Al Reem 3
TH059 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 24 May 2024 for AED 3,050,000, or AED 1,772 per sqft, 27% above the AED 1,400 two-beds in the community were fetching at the time.
It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 28 October 2023, is AED 150,000 a year: a gross yield of 4.9% on the 2024 price, before the service charge of about AED 5,300 a year.
Sales and rents for TH059 over time
TH059 has sold 3 times; the dashed line is the two-bed median of each year in the community.
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 TH059 sits
All 8 2-beds →TH059 last sold in May 2024 at AED 1,772 per sqft, 27% above what two-beds in Al Reem 3 were fetching at the time (AED 1,400).
| Recent 2-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 2 Jul 20252 July 2025 | 1,720 sqft | 3,600,000 | 2,092 | ||
| 12 Sep 202412 September 2024 | 1,920 sqft | 2,600,000 | 1,353 | ||
| 10 Sep 202410 September 2024 | 1,720 sqft | 2,525,000 | 1,467 | ||
| 5 Sep 20245 September 2024 | 1,708 sqft | 2,000,000 | 1,170 |
Al Reem 3
Community300 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%
TH059, Al Reem 3 in numbers
- Sold 3 times: first on 13 January 2008 for AED 900,000, last on 24 May 2024 for AED 3,050,000 (AED 1,772 per sqft).
- Rented since December 2014 on 9 Ejari contracts. The rent fell from AED 120,000 to AED 100,000 in 2020 and recovered to AED 150,000 by October 2023.
- At AED 150,000 a year the gross yield on the 2024 price is 4.9%, before a service charge of about AED 5,300 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 24 May 2024.
Questions about TH059, Al Reem 3
What did villa TH059 last sell for?
AED 3,050,000 on 24 May 2024: AED 1,772 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 TH059?
AED 150,000 a year on the contract renewed on 28 October 2023. The previous contract, from October 2022, was AED 145,000; the villa has been rented since December 2014.
How big is villa TH059?
1,720 sqft (159.8 sqm): a two-bedroom villa in Al Reem 3, completed in 2007.
What is villa TH059 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 TH059, Al Reem 3
Starts from the last sale price (AED 3.05M, 24 May 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,050,000
- Deposit, UAE resident (20%)
- AED 610,000
- Deposit, non-resident (40%)
- AED 1,220,000
- Monthly over 25 years at 3.7%
- AED 12,478
Plus AED 133,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →