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

TH241, Al Reem 3

Sold prices and rental history: sold once, by the developer in April 2008, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH241 · DLD and Ejari recordsUpdated 23 July 2019
Last soldAED 1.6M30 April 2008
Current rentAED 90K /yr23 July 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH241, Al Reem 3

What is TH241 worth today?

Last sold for AED 1,600,000 in 2008

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23 Jul 2019RentedNew contract
AED 90,000/yr12 months · AED 36 per sqft
1 Oct 2017RentedNew contract
AED 140,000/yr12 months · AED 56 per sqft
30 Apr 2008Sold by developerReady
AED 1,600,000AED 635 per sqft

Source: Dubai Land Department. Updated 23 July 2019.

Key facts

Type
4-bed villa
Size
2,519 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 1.6M · April 2008
Community
Al Reem 3

About TH241, Al Reem 3

TH241 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 30 April 2008 for AED 1,600,000, or AED 635 per sqft, 71% above the AED 372 four-beds in the community were fetching at the time.

It has been rented since 2017 on 2 Ejari contracts. The current contract, signed on 23 July 2019, is AED 90,000 a year: a gross yield of 5.6% on the 2008 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH241 over time

Sales
Villa TH241, 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, April 2008: AED 1,600,000 (AED 635 per sqft)

TH241 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH241, 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, October 2017: AED 140,000 a yearNew contract, July 2019: AED 90,000 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 TH241 sits

All 99 4-beds →

TH241 last sold in April 2008 at AED 635 per sqft, 71% above what four-beds in Al Reem 3 were fetching at the time (AED 372). TH241's AED 90,000 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 →

TH241, Al Reem 3 in numbers

  • Sold once: by Emaar on 30 April 2008 for AED 1,600,000, or AED 635 per sqft.
  • Rented since October 2017 on 2 Ejari contracts, from AED 140,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2008 price is 5.6%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 23 July 2019.

Questions about TH241, Al Reem 3

What did villa TH241 last sell for?

AED 1,600,000 on 30 April 2008, sold by the developer: AED 635 per sqft for 2,519 sqft. It is the only registered sale of the villa.

What is the rent for villa TH241?

AED 90,000 a year on the contract signed on 23 July 2019. The previous contract, from October 2017, was AED 140,000.

How big is villa TH241?

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

What is villa TH241 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 TH241, Al Reem 3

Starts from the last sale price (AED 1.6M, 30 April 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,600,000
Deposit, UAE resident (20%)
AED 320,000
Deposit, non-resident (40%)
AED 640,000
Monthly over 25 years at 3.7%
AED 6,546

Plus AED 72,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →