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

TH079, Al Reem 3

Sold prices and rental history: sold 4 times, last in February 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH079 · DLD and Ejari recordsUpdated 1 June 2022
Last soldAED 1.6M1 February 2022
Current rentAED 110K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH079, Al Reem 3

What is TH079 worth today?

Last sold for AED 1,600,000 in 2022

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1 Jun 2022RentedRenewal
AED 110,000/yr12 months · AED 64 per sqft
1 Feb 2022SoldReady
AED 1,600,000AED 930 per sqft
1 Jun 2021RentedNew contract
AED 75,000/yr12 months · AED 44 per sqft
1 Jun 2021RentedRenewal
AED 75,000/yr12 months · AED 44 per sqft
1 Jun 2020RentedNew contract
AED 75,000/yr12 months · AED 44 per sqft
20 Jul 2019RentedRenewal
AED 100,000/yr12 months · AED 58 per sqft
10 Jul 2017RentedNew contract
AED 115,000/yr12 months · AED 67 per sqft
5 Jul 2016RentedRenewal
AED 139,625/yr12 months · AED 81 per sqft

Source: Dubai Land Department. Updated 1 June 2022.

Key facts

Type
3-bed villa
Size
1,720 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 1.6M · February 2022
Community
Al Reem 3

About TH079, Al Reem 3

TH079 is a three-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 1 February 2022 for AED 1,600,000, or AED 930 per sqft, 7% above the AED 868 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 110,000 a year: a gross yield of 6.9% on the 2022 price, before the service charge of about AED 5,300 a year.

Sales and rents for TH079 over time

Sales
Villa TH079, 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, December 2007: AED 294,444 (AED 171 per sqft)Sold, January 2008: AED 1,750,000 (AED 1,017 per sqft)Sold, June 2013: AED 1,600,000 (AED 930 per sqft)Sold, February 2022: AED 1,600,000 (AED 930 per sqft)

TH079 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH079, 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, March 2012: AED 90,000 a yearNew contract, July 2013: AED 115,000 a yearNew contract, July 2014: AED 135,000 a yearRenewal, July 2015: AED 140,000 a yearRenewal, July 2016: AED 139,625 a yearNew contract, July 2017: AED 115,000 a yearRenewal, July 2019: AED 100,000 a yearNew contract, June 2020: AED 75,000 a yearNew contract, June 2021: AED 75,000 a yearRenewal, June 2021: AED 75,000 a yearRenewal, June 2022: AED 110,000 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 TH079 sits

All 98 3-beds →

TH079 last sold in February 2022 at AED 930 per sqft, 7% above what three-beds in Al Reem 3 were fetching at the time (AED 868). 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. TH079's AED 110,000 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 →

TH079, Al Reem 3 in numbers

  • Sold 4 times: first on 5 December 2007 for AED 294,444, last on 1 February 2022 for AED 1,600,000 (AED 930 per sqft).
  • Rented since March 2012 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 75,000 in 2021 and recovered to AED 110,000 by June 2022.
  • At AED 110,000 a year the gross yield on the 2022 price is 6.9%, 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 1 June 2022.

Questions about TH079, Al Reem 3

What did villa TH079 last sell for?

AED 1,600,000 on 1 February 2022: AED 930 per sqft for 1,720 sqft. The villa has 4 registered sales; the first was AED 294,444 in December 2007.

What is the rent for villa TH079?

AED 110,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 75,000; the villa has been rented since March 2012.

How big is villa TH079?

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

What is villa TH079 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 TH079, Al Reem 3

Starts from the last sale price (AED 1.6M, 1 February 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →