Home
Dubai prices
About
Research
6-bed · 2,530 sqftAl Reem 3, Arabian Ranches · completed 2007

TH244, Al Reem 3

Sold prices and rental history: sold 3 times, last in September 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH244 · DLD and Ejari recordsUpdated 20 September 2023
Last soldAED 2.78M20 September 2023
Current rentAED 132K /yr1 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH244

Property timeline for TH244, Al Reem 3

What is TH244 worth today?

Last sold for AED 2,775,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Sep 2023SoldReady
AED 2,775,000AED 1,096 per sqft
2 May 2023SoldReady
AED 4,075,000AED 1,610 per sqft
1 Sep 2022RentedNew contract
AED 132,000/yr6 months · AED 52 per sqft
31 Aug 2021RentedRenewal
AED 120,000/yr12 months · AED 47 per sqft
1 Aug 2020RentedRenewal
AED 111,045/yr13 months · AED 44 per sqft
1 Aug 2019RentedNew contract
AED 125,000/yr12 months · AED 49 per sqft
1 May 2018RentedRenewal
AED 150,000/yr12 months · AED 59 per sqft
1 May 2017RentedNew contract
AED 160,000/yr12 months · AED 63 per sqft

Source: Dubai Land Department. Updated 20 September 2023.

Key facts

Type
6-bed villa
Size
2,530 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 2.78M · September 2023
Community
Al Reem 3

About TH244, Al Reem 3

TH244 is a six-bedroom villa of 2,530 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 20 September 2023 for AED 2,775,000, or AED 1,096 per sqft, 16% below the AED 1,298 six-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 1 September 2022, is AED 132,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH244 over time

Sales
Villa TH244, each saleTypical six-bed in Al Reem 3
02M4M2007201220172022Typical sale price by year: 2007 AED 601,444; 2008 AED 1,590,000; 2009 AED 1,038,888; 2010 AED 1,180,388; 2011 AED 1,083,888; 2012 AED 2,250,000; 2013 AED 2,835,000; 2014 AED 3,459,375; 2017 AED 2,687,500; 2021 AED 2,155,000; 2023 AED 3,715,000Sold by developer, March 2008: AED 814,888 (AED 322 per sqft)Sold, May 2023: AED 4,075,000 (AED 1,610 per sqft)Sold, September 2023: AED 2,775,000 (AED 1,096 per sqft)

TH244 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH244, each contractTypical six-bed in Al Reem 3
100K200K2012201620202024Typical rent by year: 2012 AED 148,000; 2013 AED 166,500; 2014 AED 185,000; 2015 AED 192,500; 2016 AED 186,500; 2017 AED 177,500; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 125,174; 2021 AED 130,000; 2022 AED 139,500; 2023 AED 160,000; 2024 AED 203,563; 2025 AED 215,000; 2026 AED 260,000New contract, January 2013: AED 145,000 a yearNew contract, January 2014: AED 152,250 a yearNew contract, January 2015: AED 165,000 a yearNew contract, May 2016: AED 175,000 a yearNew contract, May 2017: AED 160,000 a yearRenewal, May 2018: AED 150,000 a yearNew contract, August 2019: AED 125,000 a yearRenewal, August 2020: AED 111,045 a yearRenewal, August 2021: AED 120,000 a yearNew contract, September 2022: AED 132,000 a year

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

6-beds in Al Reem 3, and where TH244 sits

All 52 6-beds →

TH244 last sold in September 2023 at AED 1,096 per sqft, 16% below what six-beds in Al Reem 3 were fetching at the time (AED 1,298). TH244's AED 132,000 is at the bottom of that range.

Recent 6-bed salesVilla no.Price (AED)Summary
11 Oct 20234,375,000
1 Aug 20234,150,000
28 Jul 20233,700,000
2 May 20234,100,000
0 6-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 →

TH244, Al Reem 3 in numbers

  • Sold 3 times: first on 13 March 2008 for AED 814,888, last on 20 September 2023 for AED 2,775,000 (AED 1,096 per sqft).
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 111,045 in 2020 and recovered to AED 132,000 by September 2022.
  • At AED 132,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 20 September 2023.

Questions about TH244, Al Reem 3

What did villa TH244 last sell for?

AED 2,775,000 on 20 September 2023: AED 1,096 per sqft for 2,530 sqft. The villa has 3 registered sales; the first was AED 814,888 in March 2008.

What is the rent for villa TH244?

AED 132,000 a year on the contract signed on 1 September 2022. The previous contract, from August 2021, was AED 120,000; the villa has been rented since January 2013.

How big is villa TH244?

2,530 sqft (235.0 sqm): a six-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH244 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling TH244? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH244, Al Reem 3

Starts from the last sale price (AED 2.78M, 20 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,775,000
Deposit, UAE resident (20%)
AED 555,000
Deposit, non-resident (40%)
AED 1,110,000
Monthly over 25 years at 3.7%
AED 11,353

Plus AED 121,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →