3-bed · 1,920 sqftAl Reem 3, Arabian Ranches · completed 2007

TH061, Al Reem 3

Sold prices and rental history: sold twice, last in August 2008, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH061 · DLD and Ejari recordsUpdated 1 September 2022
Last soldAED 758K12 August 2008
Current rentAED 116K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH061, Al Reem 3

What is TH061 worth today?

Last sold for AED 757,888 in 2008

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1 Sep 2022RentedRenewal
AED 115,500/yr12 months · AED 60 per sqft
1 Sep 2021RentedRenewal
AED 110,000/yr12 months · AED 57 per sqft
1 Sep 2020RentedNew contract
AED 110,000/yr12 months · AED 57 per sqft
12 Aug 2008Sold by developerReady
AED 757,888AED 394 per sqft
12 Aug 2008SoldReady
AED 2,650,000AED 1,379 per sqft

Source: Dubai Land Department. Updated 1 September 2022.

Key facts

Type
3-bed villa
Size
1,920 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,900 /yr
Last sold
AED 758K · August 2008
Community
Al Reem 3

About TH061, Al Reem 3

TH061 is a three-bedroom villa of 1,920 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 12 August 2008 for AED 757,888, or AED 394 per sqft, in line with the AED 394 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 September 2022, is AED 115,500 a year: a gross yield of 15.2% on the 2008 price, before the service charge of about AED 5,900 a year.

Sales and rents for TH061 over time

Sales
Villa TH061, 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, August 2008: AED 757,888 (AED 394 per sqft)Sold, August 2008: AED 2,650,000 (AED 1,379 per sqft)

TH061 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH061, each contractTypical three-bed in Al Reem 3
100K150K2012201620202024Typical 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, September 2020: AED 110,000 a yearRenewal, September 2021: AED 110,000 a yearRenewal, September 2022: AED 115,500 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 TH061 sits

All 98 3-beds →

TH061 last sold in August 2008 at AED 394 per sqft, in line with what three-beds in Al Reem 3 were fetching at the time (AED 394). 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. TH061's AED 115,500 is in the lower half 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 →

TH061, Al Reem 3 in numbers

  • Sold twice: first on 12 August 2008 for AED 2,650,000, last on 12 August 2008 for AED 757,888 (AED 394 per sqft).
  • Rented since September 2020 on 3 Ejari contracts, from AED 110,000 to AED 115,500 a year.
  • At AED 115,500 a year the gross yield on the 2008 price is 15.2%, 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 1 September 2022.

Questions about TH061, Al Reem 3

What did villa TH061 last sell for?

AED 757,888 on 12 August 2008, sold by the developer: AED 394 per sqft for 1,920 sqft. The villa has 2 registered sales; the first was AED 2,650,000 in August 2008.

What is the rent for villa TH061?

AED 115,500 a year on the contract renewed on 1 September 2022. The previous contract, from September 2021, was AED 110,000; the villa has been rented since September 2020.

How big is villa TH061?

1,920 sqft (178.4 sqm): a three-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH061 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 TH061, Al Reem 3

Starts from the last sale price (AED 758K, 12 August 2008). Switch to today's estimate once you have unlocked it.
Price
AED 757,888
Deposit, UAE resident (20%)
AED 151,578
Deposit, non-resident (40%)
AED 303,155
Monthly over 25 years at 3.7%
AED 3,101

Plus AED 36,842 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →