4-bed · 2,519 sqftAl Reem 3, Arabian Ranches · completed 2007

TH159, Al Reem 3

Sold prices and rental history: sold once, by the developer in December 2007, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH159 · DLD and Ejari recordsUpdated 1 July 2023
Last soldAED 410K16 December 2007
Current rentAED 170K /yr1 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH159, Al Reem 3

What is TH159 worth today?

Last sold for AED 409,944 in 2007

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1 Jul 2023RentedNew contract
AED 169,544/yr12 months · AED 67 per sqft
14 May 2022RentedRenewal
AED 126,000/yr12 months · AED 50 per sqft
14 May 2021RentedRenewal
AED 126,000/yr12 months · AED 50 per sqft
6 May 2020RentedRenewal
AED 123,347/yr12 months · AED 49 per sqft
6 May 2019RentedRenewal
AED 160,000/yr12 months · AED 64 per sqft
6 May 2018RentedRenewal
AED 160,000/yr12 months · AED 64 per sqft
6 May 2017RentedRenewal
AED 180,000/yr12 months · AED 71 per sqft
16 Dec 2007Sold by developerReady
AED 409,944AED 162 per sqft

Source: Dubai Land Department. Updated 1 July 2023.

Key facts

Type
4-bed villa
Size
2,519 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 410K · December 2007
Community
Al Reem 3

About TH159, Al Reem 3

TH159 is a four-bedroom villa of 2,519 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 16 December 2007 for AED 409,944, or AED 162 per sqft, 50% below the AED 325 four-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, signed on 1 July 2023, is AED 169,544 a year: a gross yield of 41.4% on the 2007 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH159 over time

Sales
Villa TH159, each saleTypical four-bed in Al Reem 3
02M2007201220172022Typical sale price by year: 2007 AED 819,888; 2008 AED 1,150,000; 2009 AED 1,500,000; 2010 AED 1,005,888; 2011 AED 1,149,388; 2012 AED 1,775,000; 2013 AED 2,462,500; 2014 AED 2,900,000; 2015 AED 2,400,000; 2016 AED 2,375,000; 2017 AED 2,330,000; 2018 AED 1,800,000; 2019 AED 1,100,000; 2020 AED 1,580,000; 2021 AED 2,100,000; 2022 AED 2,387,500; 2023 AED 2,950,000Sold by developer, December 2007: AED 409,944 (AED 162 per sqft)

TH159 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH159, each contractTypical four-bed in Al Reem 3
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 147,500; 2014 AED 170,000; 2015 AED 170,000; 2016 AED 170,000; 2017 AED 145,000; 2018 AED 137,500; 2019 AED 120,000; 2020 AED 105,000; 2021 AED 120,000; 2022 AED 130,000; 2023 AED 149,000; 2024 AED 179,250; 2025 AED 190,000; 2026 AED 184,500Renewal, May 2017: AED 180,000 a yearRenewal, May 2018: AED 160,000 a yearRenewal, May 2019: AED 160,000 a yearRenewal, May 2020: AED 123,347 a yearRenewal, May 2021: AED 126,000 a yearRenewal, May 2022: AED 126,000 a yearNew contract, July 2023: AED 169,544 a year

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

4-beds in Al Reem 3, and where TH159 sits

All 99 4-beds →

TH159 last sold in December 2007 at AED 162 per sqft, 50% below what four-beds in Al Reem 3 were fetching at the time (AED 325). TH159's AED 169,544 is in the lower half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
10 Jul 20254,900,000
15 Feb 20243,428,000
21 Aug 20232,930,000
28 Jul 20233,650,000
0 4-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 →

TH159, Al Reem 3 in numbers

  • Sold once: by Emaar on 16 December 2007 for AED 409,944, or AED 162 per sqft.
  • Rented since May 2017 on 7 Ejari contracts. The rent fell from AED 180,000 to AED 123,347 in 2020 and recovered to AED 169,544 by July 2023.
  • At AED 169,544 a year the gross yield on the 2007 price is 41.4%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 July 2023.

Questions about TH159, Al Reem 3

What did villa TH159 last sell for?

AED 409,944 on 16 December 2007, sold by the developer: AED 162 per sqft for 2,519 sqft. It is the only registered sale of the villa.

What is the rent for villa TH159?

AED 169,544 a year on the contract signed on 1 July 2023. The previous contract, from May 2022, was AED 126,000; the villa has been rented since May 2017.

How big is villa TH159?

2,519 sqft (234.0 sqm): a four-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH159 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 TH159, Al Reem 3

Starts from the last sale price (AED 410K, 16 December 2007). Switch to today's estimate once you have unlocked it.
Price
AED 409,944
Deposit, UAE resident (20%)
AED 81,989
Deposit, non-resident (40%)
AED 163,978
Monthly over 25 years at 3.7%
AED 1,677

Plus AED 20,128 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →