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6-bed · 2,852 sqftAl Reem 3, Arabian Ranches · completed 2007

TH124, Al Reem 3

Sold prices and rental history: sold 4 times, last in June 2014, and rented once, from April 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH124 · DLD and Ejari recordsUpdated 24 June 2014
Last soldAED 3.47M24 June 2014
Current rentAED 146K /yr15 April 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH124, Al Reem 3

What is TH124 worth today?

Last sold for AED 3,468,750 in 2014

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24 Jun 2014SoldReady
AED 3,468,750AED 1,216 per sqft
3 Oct 2013SoldReady
AED 2,860,000AED 1,002 per sqft
15 Apr 2013RentedNew contract
AED 146,147/yr15 months · AED 51 per sqft
3 Mar 2008Sold by developerReady
AED 1,800,000AED 631 per sqft
3 Mar 2008SoldReady
AED 2,800,000AED 981 per sqft

Source: Dubai Land Department. Updated 24 June 2014.

Key facts

Type
6-bed villa
Size
2,852 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 3.47M · June 2014
Community
Al Reem 3

About TH124, Al Reem 3

TH124 is a six-bedroom villa of 2,852 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 24 June 2014 for AED 3,468,750, or AED 1,216 per sqft, 12% above the AED 1,085 six-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 April 2013. The current contract, signed on 15 April 2013, is AED 146,147 a year: a gross yield of 4.2% on the 2014 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH124 over time

Sales
Villa TH124, each saleTypical six-bed in Al Reem 3
2M4M2007201220172022Typical sale price by year: 2007 AED 601,444; 2008 AED 1,590,000; 2009 AED 1,038,888; 2010 AED 1,180,388; 2011 AED 1,083,888; 2012 AED 2,250,000; 2013 AED 2,835,000; 2014 AED 3,459,375; 2017 AED 2,687,500; 2021 AED 2,155,000; 2023 AED 3,715,000Sold by developer, March 2008: AED 1,800,000 (AED 631 per sqft)Sold, March 2008: AED 2,800,000 (AED 981 per sqft)Sold, October 2013: AED 2,860,000 (AED 1,002 per sqft)Sold, June 2014: AED 3,468,750 (AED 1,216 per sqft)

TH124 has sold 4 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH124, each contractTypical six-bed in Al Reem 3
200K2012201620202024Typical rent by year: 2012 AED 148,000; 2013 AED 166,500; 2014 AED 185,000; 2015 AED 192,500; 2016 AED 186,500; 2017 AED 177,500; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 125,174; 2021 AED 130,000; 2022 AED 139,500; 2023 AED 160,000; 2024 AED 203,563; 2025 AED 215,000; 2026 AED 260,000New contract, April 2013: AED 146,147 a year

Annual rent on each registered contract; the dashed line is the six-bed median of each year in the community.

6-beds in Al Reem 3, and where TH124 sits

All 52 6-beds →

TH124 last sold in June 2014 at AED 1,216 per sqft, 12% above what six-beds in Al Reem 3 were fetching at the time (AED 1,085). TH124's AED 146,147 is at the bottom of that range.

Recent 6-bed salesVilla no.Price (AED)Summary
11 Oct 20234,375,000
20 Sep 20232,775,000
1 Aug 20234,150,000
28 Jul 20233,700,000
0 6-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 →

TH124, Al Reem 3 in numbers

  • Sold 4 times: first on 3 March 2008 for AED 2,800,000, last on 24 June 2014 for AED 3,468,750 (AED 1,216 per sqft).
  • Rented since April 2013 on one Ejari contract, at AED 146,147 a year.
  • At AED 146,147 a year the gross yield on the 2014 price is 4.2%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 24 June 2014.

Questions about TH124, Al Reem 3

What did villa TH124 last sell for?

AED 3,468,750 on 24 June 2014: AED 1,216 per sqft for 2,852 sqft. The villa has 4 registered sales; the first was AED 2,800,000 in March 2008.

What is the rent for villa TH124?

AED 146,147 a year on the contract signed on 15 April 2013.

How big is villa TH124?

2,852 sqft (265.0 sqm): a six-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH124 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 TH124, Al Reem 3

Starts from the last sale price (AED 3.47M, 24 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,468,750
Deposit, UAE resident (20%)
AED 693,750
Deposit, non-resident (40%)
AED 1,387,500
Monthly over 25 years at 3.7%
AED 14,192

Plus AED 150,698 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →