3-bed · 1,709 sqftAl Reem 3, Arabian Ranches · completed 2007

TH078, Al Reem 3

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

Villa TH078 · DLD and Ejari recordsUpdated 18 July 2023
Last soldAED 2.05M18 July 2023
Current rentAED 78K /yr20 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH078, Al Reem 3

What is TH078 worth today?

Last sold for AED 2,050,000 in 2023

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18 Jul 2023SoldReady
AED 2,050,000AED 1,199 per sqft
20 Dec 2021RentedRenewal
AED 78,000/yr12 months · AED 46 per sqft
20 Dec 2020RentedRenewal
AED 78,000/yr12 months · AED 46 per sqft
20 Dec 2019RentedNew contract
AED 78,000/yr12 months · AED 46 per sqft
1 Jul 2019RentedNew contract
AED 93,000/yr12 months · AED 54 per sqft
21 Jul 2016SoldReady
AED 1,750,000AED 1,024 per sqft
3 Aug 2015RentedNew contract
AED 125,000/yr12 months · AED 73 per sqft
2 Aug 2015SoldReady
AED 900,000AED 526 per sqft

Source: Dubai Land Department. Updated 18 July 2023.

Key facts

Type
3-bed villa
Size
1,709 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 2.05M · July 2023
Community
Al Reem 3

About TH078, Al Reem 3

TH078 is a three-bedroom villa of 1,709 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 18 July 2023 for AED 2,050,000, or AED 1,199 per sqft, in line with the AED 1,197 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, renewed on 20 December 2021, is AED 78,000 a year: a gross yield of 3.8% on the 2023 price, before the service charge of about AED 5,300 a year.

Sales and rents for TH078 over time

Sales
Villa TH078, 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, July 2013: AED 588,888 (AED 344 per sqft)Sold, August 2015: AED 900,000 (AED 526 per sqft)Sold, July 2016: AED 1,750,000 (AED 1,024 per sqft)Sold, July 2023: AED 2,050,000 (AED 1,199 per sqft)

TH078 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH078, 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, November 2014: AED 135,000 a yearNew contract, August 2015: AED 125,000 a yearNew contract, July 2019: AED 93,000 a yearNew contract, December 2019: AED 78,000 a yearRenewal, December 2020: AED 78,000 a yearRenewal, December 2021: AED 78,000 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 TH078 sits

All 98 3-beds →

TH078 last sold in July 2023 at AED 1,199 per sqft, in line with what three-beds in Al Reem 3 were fetching at the time (AED 1,197). 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. TH078's AED 78,000 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 →

TH078, Al Reem 3 in numbers

  • Sold 4 times: first on 18 July 2013 for AED 588,888, last on 18 July 2023 for AED 2,050,000 (AED 1,199 per sqft).
  • Rented since November 2014 on 6 Ejari contracts, from AED 135,000 to AED 78,000 a year.
  • At AED 78,000 a year the gross yield on the 2023 price is 3.8%, before a service charge of about AED 5,300 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 18 July 2023.

Questions about TH078, Al Reem 3

What did villa TH078 last sell for?

AED 2,050,000 on 18 July 2023: AED 1,199 per sqft for 1,709 sqft. The villa has 4 registered sales; the first was AED 588,888 in July 2013.

What is the rent for villa TH078?

AED 78,000 a year on the contract renewed on 20 December 2021. The previous contract, from December 2020, was AED 78,000; the villa has been rented since November 2014.

How big is villa TH078?

1,709 sqft (158.8 sqm): a three-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH078 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 TH078, Al Reem 3

Starts from the last sale price (AED 2.05M, 18 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

Plus AED 91,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →