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4-bed · 2,502 sqftAl Reem 3, Arabian Ranches · completed 2007

TH216, Al Reem 3

Sold prices and rental history: sold twice, last in May 2018, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH216 · DLD and Ejari recordsUpdated 3 May 2018
Last soldAED 1.97M3 May 2018
Current rentAED 172K /yr3 February 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH216, Al Reem 3

What is TH216 worth today?

Last sold for AED 1,965,000 in 2018

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3 May 2018SoldReady
AED 1,965,000AED 785 per sqft
3 Feb 2017RentedRenewal
AED 172,000/yr12 months · AED 69 per sqft
3 Feb 2016RentedRenewal
AED 178,000/yr12 months · AED 71 per sqft
3 Feb 2015RentedNew contract
AED 180,000/yr12 months · AED 72 per sqft
19 Sep 2013RentedNew contract
AED 167,000/yr12 months · AED 67 per sqft
5 Sep 2007Sold by developerReady
AED 929,888AED 371 per sqft

Source: Dubai Land Department. Updated 3 May 2018.

Key facts

Type
4-bed villa
Size
2,502 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,700 /yr
Last sold
AED 1.97M · May 2018
Community
Al Reem 3

About TH216, Al Reem 3

TH216 is a four-bedroom villa of 2,502 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 3 May 2018 for AED 1,965,000, or AED 785 per sqft, 13% below the AED 898 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 3 February 2017, is AED 172,000 a year: a gross yield of 8.8% on the 2018 price, before the service charge of about AED 7,700 a year.

Sales and rents for TH216 over time

Sales
Villa TH216, each saleTypical four-bed in Al Reem 3
1M2M3M2007201220172022Typical 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, September 2007: AED 929,888 (AED 371 per sqft)Sold, May 2018: AED 1,965,000 (AED 785 per sqft)

TH216 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH216, 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 184,500New contract, September 2013: AED 167,000 a yearNew contract, February 2015: AED 180,000 a yearRenewal, February 2016: AED 178,000 a yearRenewal, February 2017: AED 172,000 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 TH216 sits

All 99 4-beds →

TH216 last sold in May 2018 at AED 785 per sqft, 13% below what four-beds in Al Reem 3 were fetching at the time (AED 898). TH216's AED 172,000 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 →

TH216, Al Reem 3 in numbers

  • Sold twice: first on 5 September 2007 for AED 929,888, last on 3 May 2018 for AED 1,965,000 (AED 785 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 167,000 to AED 172,000 a year.
  • At AED 172,000 a year the gross yield on the 2018 price is 8.8%, before a service charge of about AED 7,700 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 3 May 2018.

Questions about TH216, Al Reem 3

What did villa TH216 last sell for?

AED 1,965,000 on 3 May 2018: AED 785 per sqft for 2,502 sqft. The villa has 2 registered sales; the first was AED 929,888 in September 2007.

What is the rent for villa TH216?

AED 172,000 a year on the contract renewed on 3 February 2017. The previous contract, from February 2016, was AED 178,000; the villa has been rented since September 2013.

How big is villa TH216?

2,502 sqft (232.4 sqm): a four-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH216 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 TH216, Al Reem 3

Starts from the last sale price (AED 1.97M, 3 May 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,965,000
Deposit, UAE resident (20%)
AED 393,000
Deposit, non-resident (40%)
AED 786,000
Monthly over 25 years at 3.7%
AED 8,039

Plus AED 87,540 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →