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3-bed · 2,409 sqftAl Reem 3, Arabian Ranches · completed 2007

TH243, Al Reem 3

Sold prices and rental history: sold 4 times, last in July 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH243 · DLD and Ejari recordsUpdated 10 July 2024
Last soldAED 3.6M10 July 2024
Current rentAED 160K /yr12 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH243, Al Reem 3

What is TH243 worth today?

Last sold for AED 3,600,000 in 2024

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10 Jul 2024SoldReady
AED 3,600,000AED 1,494 per sqft
12 Jul 2023RentedRenewal
AED 159,500/yr12 months · AED 66 per sqft
12 Jul 2022RentedNew contract
AED 145,000/yr12 months · AED 60 per sqft
10 Apr 2022RentedRenewal
AED 144,000/yr3 months · AED 60 per sqft
10 Apr 2021RentedRenewal
AED 105,000/yr12 months · AED 44 per sqft
10 Apr 2019RentedNew contract
AED 110,000/yr12 months · AED 46 per sqft
6 Sep 2018RentedNew contract
AED 135,000/yr4 months · AED 56 per sqft
6 Sep 2017RentedNew contract
AED 135,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 10 July 2024.

Key facts

Type
3-bed villa
Size
2,409 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 3.6M · July 2024
Community
Al Reem 3

About TH243, Al Reem 3

TH243 is a three-bedroom villa of 2,409 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 10 July 2024 for AED 3,600,000, or AED 1,494 per sqft, 7% above the AED 1,395 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 12 July 2023, is AED 159,500 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH243 over time

Sales
Villa TH243, each saleTypical three-bed in Al Reem 3
02.5M5M20072012201720222027Typical sale price by year: 2007 AED 633,944; 2008 AED 1,376,944; 2009 AED 1,075,888; 2010 AED 1,430,000; 2011 AED 1,325,000; 2012 AED 1,850,000; 2013 AED 2,012,500; 2014 AED 2,837,500; 2015 AED 1,965,000; 2016 AED 2,275,000; 2017 AED 2,150,000; 2018 AED 2,050,000; 2019 AED 1,220,000; 2020 AED 1,525,000; 2021 AED 1,800,000; 2022 AED 2,320,000; 2023 AED 3,375,000; 2024 AED 3,800,000; 2025 AED 4,650,000; 2026 AED 5,350,000Sold, April 2008: AED 2,720,000 (AED 1,129 per sqft)Sold by developer, April 2008: AED 1,720,000 (AED 714 per sqft)Sold, December 2011: AED 1,540,000 (AED 639 per sqft)Sold, July 2024: AED 3,600,000 (AED 1,494 per sqft)

TH243 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH243, each contractTypical three-bed in Al Reem 3
100K150K2012201620202024Typical rent by year: 2012 AED 125,000; 2013 AED 140,000; 2014 AED 156,000; 2015 AED 165,000; 2016 AED 165,000; 2017 AED 150,000; 2018 AED 134,278; 2019 AED 125,000; 2020 AED 100,000; 2021 AED 105,000; 2022 AED 128,000; 2023 AED 146,250; 2024 AED 162,512; 2025 AED 175,920; 2026 AED 153,500New contract, August 2012: AED 125,000 a yearNew contract, August 2013: AED 137,500 a yearNew contract, June 2014: AED 170,000 a yearNew contract, September 2014: AED 170,000 a yearRenewal, September 2015: AED 170,000 a yearNew contract, May 2016: AED 170,000 a yearRenewal, May 2017: AED 170,000 a yearNew contract, September 2017: AED 135,000 a yearNew contract, September 2018: AED 135,000 a yearNew contract, April 2019: AED 110,000 a yearRenewal, April 2021: AED 105,000 a yearRenewal, April 2022: AED 144,000 a yearNew contract, July 2022: AED 145,000 a yearRenewal, July 2023: AED 159,500 a year

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

3-beds in Al Reem 3, and where TH243 sits

All 98 3-beds →

TH243 last sold in July 2024 at AED 1,494 per sqft, 7% above what three-beds in Al Reem 3 were fetching at the time (AED 1,395). Over the last 12 months three-beds sold for AED 4,400,000 to 6,700,000, around AED 2,046 per sqft, and rent for AED 105,000 to 500,000 a year. TH243's AED 159,500 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
3 Feb 20265,875,000
21 Jan 20265,600,000
13 Jan 20264,450,000
9 Jan 20265,100,000
9 3-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 →

TH243, Al Reem 3 in numbers

  • Sold 4 times: first on 9 April 2008 for AED 1,720,000, last on 10 July 2024 for AED 3,600,000 (AED 1,494 per sqft).
  • Rented since August 2012 on 14 Ejari contracts. The rent fell from AED 125,000 to AED 105,000 in 2021 and recovered to AED 159,500 by July 2023.
  • At AED 159,500 a year the gross yield on the 2024 price is 4.4%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 3 sold for AED 4,400,000–6,700,000 in the 12 months to November 2026; the community's median across all types is AED 2,046 per sqft.

Source: Dubai Land Department. Updated 10 July 2024.

Questions about TH243, Al Reem 3

What did villa TH243 last sell for?

AED 3,600,000 on 10 July 2024: AED 1,494 per sqft for 2,409 sqft. The villa has 4 registered sales; the first was AED 1,720,000 in April 2008.

What is the rent for villa TH243?

AED 159,500 a year on the contract renewed on 12 July 2023. The previous contract, from July 2022, was AED 145,000; the villa has been rented since August 2012.

How big is villa TH243?

2,409 sqft (223.8 sqm): a three-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH243 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 3 sold for AED 4,400,000 to 6,700,000 in the last 12 months, around AED 2,046 per sqft.

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Mortgage on TH243, Al Reem 3

Starts from the last sale price (AED 3.6M, 10 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →