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

TH223, Al Reem 3

Sold prices and rental history: sold 5 times, last in May 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH223 · DLD and Ejari recordsUpdated 10 May 2021
Last soldAED 2M10 May 2021
Current rentAED 115K /yr12 January 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH223, Al Reem 3

What is TH223 worth today?

Last sold for AED 2,000,000 in 2021

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10 May 2021SoldReady
AED 2,000,000AED 793 per sqft
12 Jan 2021SoldReady
AED 1,680,000AED 666 per sqft
12 Jan 2021RentedNew contract
AED 115,000/yr12 months · AED 46 per sqft
1 Apr 2019RentedNew contract
AED 105,000/yr12 months · AED 42 per sqft
2 Feb 2018RentedNew contract
AED 130,000/yr12 months · AED 52 per sqft
15 Oct 2016RentedNew contract
AED 160,000/yr12 months · AED 64 per sqft
29 Mar 2015RentedNew contract
AED 175,000/yr12 months · AED 69 per sqft
1 Nov 2013RentedNew contract
AED 150,000/yr24 months · AED 60 per sqft

Source: Dubai Land Department. Updated 10 May 2021.

Key facts

Type
4-bed villa
Size
2,519 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 2M · May 2021
Community
Al Reem 3

About TH223, Al Reem 3

TH223 is a four-bedroom villa of 2,519 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 10 May 2021 for AED 2,000,000, or AED 793 per sqft, 19% above the AED 666 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 12 January 2021, is AED 115,000 a year: a gross yield of 5.8% on the 2021 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH223 over time

Sales
Villa TH223, 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, October 2011: AED 925,000 (AED 367 per sqft)Sold, July 2012: AED 900,000 (AED 357 per sqft)Sold, July 2013: AED 2,700,000 (AED 1,071 per sqft)Sold, January 2021: AED 1,680,000 (AED 666 per sqft)Sold, May 2021: AED 2,000,000 (AED 793 per sqft)

TH223 has sold 5 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH223, 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, November 2012: AED 120,000 a yearNew contract, November 2013: AED 150,000 a yearNew contract, March 2015: AED 175,000 a yearNew contract, October 2016: AED 160,000 a yearNew contract, February 2018: AED 130,000 a yearNew contract, April 2019: AED 105,000 a yearNew contract, January 2021: AED 115,000 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 TH223 sits

All 99 4-beds →

TH223 last sold in May 2021 at AED 793 per sqft, 19% above what four-beds in Al Reem 3 were fetching at the time (AED 666). TH223's AED 115,000 is at the bottom 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 →

TH223, Al Reem 3 in numbers

  • Sold 5 times: first on 30 October 2011 for AED 925,000, last on 10 May 2021 for AED 2,000,000 (AED 793 per sqft).
  • Rented since November 2012 on 7 Ejari contracts, from AED 120,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2021 price is 5.8%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 10 May 2021.

Questions about TH223, Al Reem 3

What did villa TH223 last sell for?

AED 2,000,000 on 10 May 2021: AED 793 per sqft for 2,519 sqft. The villa has 5 registered sales; the first was AED 925,000 in October 2011.

What is the rent for villa TH223?

AED 115,000 a year on the contract signed on 12 January 2021. The previous contract, from April 2019, was AED 105,000; the villa has been rented since November 2012.

How big is villa TH223?

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

What is villa TH223 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 TH223, Al Reem 3

Starts from the last sale price (AED 2M, 10 May 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,000,000
Deposit, UAE resident (20%)
AED 400,000
Deposit, non-resident (40%)
AED 800,000
Monthly over 25 years at 3.7%
AED 8,183

Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →