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

TH240, Al Reem 3

Sold prices and rental history: sold once, by the developer in August 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH240 · DLD and Ejari recordsUpdated 10 April 2024
Last soldAED 760K29 August 2007
Current rentAED 160K /yr10 April 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH240, Al Reem 3

What is TH240 worth today?

Last sold for AED 759,888 in 2007

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10 Apr 2024RentedRenewal
AED 160,377/yr11 months · AED 64 per sqft
10 Apr 2023RentedRenewal
AED 133,980/yr12 months · AED 54 per sqft
10 Apr 2022RentedRenewal
AED 121,800/yr12 months · AED 49 per sqft
10 Apr 2020RentedRenewal
AED 118,000/yr12 months · AED 47 per sqft
10 Apr 2019RentedNew contract
AED 118,000/yr12 months · AED 47 per sqft
28 Aug 2016RentedNew contract
AED 205,000/yr12 months · AED 82 per sqft
16 Aug 2014RentedNew contract
AED 200,000/yr12 months · AED 80 per sqft
16 Aug 2013RentedNew contract
AED 185,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 10 April 2024.

Key facts

Type
4-bed villa
Size
2,502 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,700 /yr
Last sold
AED 760K · August 2007
Community
Al Reem 3

About TH240, Al Reem 3

TH240 is a four-bedroom villa of 2,502 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 29 August 2007 for AED 759,888, or AED 303 per sqft, in line with the AED 303 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 10 April 2024, is AED 160,377 a year: a gross yield of 21.1% on the 2007 price, before the service charge of about AED 7,700 a year.

Sales and rents for TH240 over time

Sales
Villa TH240, 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, August 2007: AED 759,888 (AED 303 per sqft)

TH240 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH240, 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, August 2013: AED 185,000 a yearNew contract, August 2014: AED 200,000 a yearNew contract, August 2016: AED 205,000 a yearNew contract, April 2019: AED 118,000 a yearRenewal, April 2020: AED 118,000 a yearRenewal, April 2022: AED 121,800 a yearRenewal, April 2023: AED 133,980 a yearRenewal, April 2024: AED 160,377 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 TH240 sits

All 99 4-beds →

TH240 last sold in August 2007 at AED 303 per sqft, in line with what four-beds in Al Reem 3 were fetching at the time (AED 303). TH240's AED 160,377 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 →

TH240, Al Reem 3 in numbers

  • Sold once: by Emaar on 29 August 2007 for AED 759,888, or AED 303 per sqft.
  • Rented since August 2013 on 8 Ejari contracts. The rent fell from AED 185,000 to AED 118,000 in 2020 and recovered to AED 160,377 by April 2024.
  • At AED 160,377 a year the gross yield on the 2007 price is 21.1%, before a service charge of about AED 7,700 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 10 April 2024.

Questions about TH240, Al Reem 3

What did villa TH240 last sell for?

AED 759,888 on 29 August 2007, sold by the developer: AED 303 per sqft for 2,502 sqft. It is the only registered sale of the villa.

What is the rent for villa TH240?

AED 160,377 a year on the contract renewed on 10 April 2024. The previous contract, from April 2023, was AED 133,980; the villa has been rented since August 2013.

How big is villa TH240?

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

What is villa TH240 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 TH240, Al Reem 3

Starts from the last sale price (AED 760K, 29 August 2007). Switch to today's estimate once you have unlocked it.
Price
AED 759,888
Deposit, UAE resident (20%)
AED 151,978
Deposit, non-resident (40%)
AED 303,955
Monthly over 25 years at 3.7%
AED 3,109

Plus AED 36,926 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →