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

TH087, Al Reem 3

Sold prices and rental history: sold 4 times, last in September 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH087 · DLD and Ejari recordsUpdated 12 September 2024
Last soldAED 2.6M12 September 2024
Current rentAED 138K /yr1 January 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH087, Al Reem 3

What is TH087 worth today?

Last sold for AED 2,600,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

12 Sep 2024SoldReady
AED 2,600,000AED 1,353 per sqft
1 Jan 2024RentedRenewal
AED 138,282/yr6 months · AED 72 per sqft
1 Jan 2023RentedRenewal
AED 115,500/yr12 months · AED 60 per sqft
1 Jan 2022RentedNew contract
AED 110,000/yr12 months · AED 57 per sqft
21 Feb 2018SoldReady
AED 1,600,000AED 833 per sqft
12 Feb 2018RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
25 Aug 2014RentedNew contract
AED 133,000/yr12 months · AED 69 per sqft
24 Jul 2013SoldReady
AED 1,900,000AED 989 per sqft

Source: Dubai Land Department. Updated 12 September 2024.

Key facts

Type
2-bed villa
Size
1,920 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,900 /yr
Last sold
AED 2.6M · September 2024
Community
Al Reem 3

About TH087, Al Reem 3

TH087 is a two-bedroom villa of 1,920 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 12 September 2024 for AED 2,600,000, or AED 1,353 per sqft, in line with the AED 1,377 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 January 2024, is AED 138,282 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 5,900 a year.

Sales and rents for TH087 over time

Sales
Villa TH087, each saleTypical two-bed in Al Reem 3
02M2008201320182023Typical sale price by year: 2008 AED 1,085,000; 2013 AED 1,412,500; 2014 AED 1,950,000; 2024 AED 2,547,500Sold, July 2013: AED 1,900,000 (AED 989 per sqft)Sold by developer, July 2013: AED 351,444 (AED 183 per sqft)Sold, February 2018: AED 1,600,000 (AED 833 per sqft)Sold, September 2024: AED 2,600,000 (AED 1,353 per sqft)

TH087 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH087, each contractTypical two-bed in Al Reem 3
100K200K2013201720212025Typical rent by year: 2013 AED 115,000; 2014 AED 126,500; 2015 AED 135,750; 2016 AED 135,750; 2017 AED 120,000; 2018 AED 115,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 83,500; 2022 AED 105,000; 2023 AED 125,250; 2024 AED 138,282; 2025 AED 200,000New contract, August 2014: AED 133,000 a yearNew contract, February 2018: AED 115,000 a yearNew contract, January 2022: AED 110,000 a yearRenewal, January 2023: AED 115,500 a yearRenewal, January 2024: AED 138,282 a year

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 TH087 sits

All 8 2-beds →

TH087 last sold in September 2024 at AED 1,353 per sqft, in line with what two-beds in Al Reem 3 were fetching at the time (AED 1,377).

Recent 2-bed salesVilla no.Price (AED)Summary
2 Jul 20253,600,000
10 Sep 20242,525,000
5 Sep 20242,000,000
29 Aug 20242,650,000
0 2-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 →

TH087, Al Reem 3 in numbers

  • Sold 4 times: first on 23 July 2013 for AED 351,444, last on 12 September 2024 for AED 2,600,000 (AED 1,353 per sqft).
  • Rented since August 2014 on 5 Ejari contracts. The rent fell from AED 133,000 to AED 110,000 in 2022 and recovered to AED 138,282 by January 2024.
  • At AED 138,282 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 5,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 12 September 2024.

Questions about TH087, Al Reem 3

What did villa TH087 last sell for?

AED 2,600,000 on 12 September 2024: AED 1,353 per sqft for 1,920 sqft. The villa has 4 registered sales; the first was AED 351,444 in July 2013.

What is the rent for villa TH087?

AED 138,282 a year on the contract renewed on 1 January 2024. The previous contract, from January 2023, was AED 115,500; the villa has been rented since August 2014.

How big is villa TH087?

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

What is villa TH087 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling TH087? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH087, Al Reem 3

Starts from the last sale price (AED 2.6M, 12 September 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →