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5-bed · 3,160 sqftAl Reem 3, Arabian Ranches · completed 2007

TH163, Al Reem 3

Sold prices and rental history: sold twice, last in April 2008, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH163 · DLD and Ejari recordsUpdated 23 April 2024
Last soldAED 3.1M15 April 2008
Current rentAED 132K /yr23 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH163, Al Reem 3

What is TH163 worth today?

Last sold for AED 3,100,000 in 2008

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23 Apr 2024RentedNew contract
AED 132,250/yr12 months · AED 42 per sqft
23 Apr 2023RentedRenewal
AED 115,000/yr12 months · AED 36 per sqft
23 Apr 2022RentedRenewal
AED 115,000/yr12 months · AED 36 per sqft
23 Apr 2021RentedRenewal
AED 115,000/yr12 months · AED 36 per sqft
23 Apr 2019RentedNew contract
AED 110,000/yr12 months · AED 35 per sqft
15 Apr 2008Sold by developerReady
AED 3,100,000AED 980 per sqft
15 Apr 2008SoldReady
AED 1,079,888AED 341 per sqft

Source: Dubai Land Department. Updated 23 April 2024.

Key facts

Type
5-bed villa
Size
3,160 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,700 /yr
Last sold
AED 3.1M · April 2008
Community
Al Reem 3

About TH163, Al Reem 3

TH163 is a five-bedroom villa of 3,160 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 15 April 2008 for AED 3,100,000, or AED 980 per sqft, 206% above the AED 320 five-beds in the community were fetching at the time.

It has been rented continuously since 2019 on 5 Ejari contracts. The current contract, signed on 23 April 2024, is AED 132,250 a year: a gross yield of 4.3% on the 2008 price, before the service charge of about AED 9,700 a year.

Sales and rents for TH163 over time

Sales
Villa TH163, each saleTypical five-bed in Al Reem 3
2M2007201220172022Typical sale price by year: 2007 AED 665,944; 2008 AED 2,175,000; 2009 AED 1,850,000; 2010 AED 1,400,000; 2011 AED 1,800,000; 2012 AED 1,325,000; 2013 AED 2,975,000; 2015 AED 3,250,000; 2016 AED 2,575,000; 2017 AED 2,105,000; 2018 AED 2,550,000; 2021 AED 3,050,000; 2022 AED 2,840,000; 2023 AED 3,300,000Sold by developer, April 2008: AED 3,100,000 (AED 980 per sqft)Sold, April 2008: AED 1,079,888 (AED 341 per sqft)

TH163 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH163, each contractTypical five-bed in Al Reem 3
100K200K2012201620202024Typical rent by year: 2012 AED 165,000; 2013 AED 190,000; 2014 AED 200,000; 2015 AED 190,000; 2016 AED 189,500; 2017 AED 165,000; 2018 AED 157,500; 2019 AED 142,500; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 142,512; 2023 AED 150,000; 2024 AED 179,500; 2025 AED 230,000New contract, April 2019: AED 110,000 a yearRenewal, April 2021: AED 115,000 a yearRenewal, April 2022: AED 115,000 a yearRenewal, April 2023: AED 115,000 a yearNew contract, April 2024: AED 132,250 a year

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

5-beds in Al Reem 3, and where TH163 sits

All 43 5-beds →

TH163 last sold in April 2008 at AED 980 per sqft, 206% above what five-beds in Al Reem 3 were fetching at the time (AED 320). TH163's AED 132,250 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
15 Mar 20233,150,000
2 Feb 20233,320,000
30 Jan 20233,300,000
13 Oct 20222,400,000
0 5-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 →

TH163, Al Reem 3 in numbers

  • Sold twice: first on 15 April 2008 for AED 1,079,888, last on 15 April 2008 for AED 3,100,000 (AED 980 per sqft).
  • Rented since April 2019 on 5 Ejari contracts, from AED 110,000 to AED 132,250 a year.
  • At AED 132,250 a year the gross yield on the 2008 price is 4.3%, before a service charge of about AED 9,700 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 23 April 2024.

Questions about TH163, Al Reem 3

What did villa TH163 last sell for?

AED 3,100,000 on 15 April 2008, sold by the developer: AED 980 per sqft for 3,160 sqft. The villa has 2 registered sales; the first was AED 1,079,888 in April 2008.

What is the rent for villa TH163?

AED 132,250 a year on the contract signed on 23 April 2024. The previous contract, from April 2023, was AED 115,000; the villa has been rented since April 2019.

How big is villa TH163?

3,160 sqft (293.6 sqm): a five-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH163 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 TH163, Al Reem 3

Starts from the last sale price (AED 3.1M, 15 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →