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

TH247, Al Reem 3

Sold prices and rental history: sold 3 times, last in September 2018, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH247 · DLD and Ejari recordsUpdated 6 September 2018
Last soldAED 1.68M6 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH247, Al Reem 3

What is TH247 worth today?

Last sold for AED 1,675,000 in 2018

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6 Sep 2018SoldReady
AED 1,675,000AED 664 per sqft
6 Jul 2009SoldReady
AED 1,800,000AED 714 per sqft
22 Nov 2007Sold by developerReady
AED 407,444AED 161 per sqft

Source: Dubai Land Department. Updated 6 September 2018.

Key facts

Type
4-bed villa
Size
2,519 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 1.68M · September 2018
Community
Al Reem 3

About TH247, Al Reem 3

TH247 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 6 September 2018 for AED 1,675,000, or AED 664 per sqft, 11% below the AED 749 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH247 over time

Sales
Villa TH247, each saleTypical four-bed in Al Reem 3
02M2007201220172022Typical 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, November 2007: AED 407,444 (AED 161 per sqft)Sold, July 2009: AED 1,800,000 (AED 714 per sqft)Sold, September 2018: AED 1,675,000 (AED 664 per sqft)

TH247 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH247, 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 184,500

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 TH247 sits

All 99 4-beds →

TH247 last sold in September 2018 at AED 664 per sqft, 11% below what four-beds in Al Reem 3 were fetching at the time (AED 749).

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 →

TH247, Al Reem 3 in numbers

  • Sold 3 times: first on 22 November 2007 for AED 407,444, last on 6 September 2018 for AED 1,675,000 (AED 664 per sqft).

Source: Dubai Land Department. Updated 6 September 2018.

Questions about TH247, Al Reem 3

What did villa TH247 last sell for?

AED 1,675,000 on 6 September 2018: AED 664 per sqft for 2,519 sqft. The villa has 3 registered sales; the first was AED 407,444 in November 2007.

How big is villa TH247?

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

What is villa TH247 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 TH247, Al Reem 3

Starts from the last sale price (AED 1.68M, 6 September 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,675,000
Deposit, UAE resident (20%)
AED 335,000
Deposit, non-resident (40%)
AED 670,000
Monthly over 25 years at 3.7%
AED 6,853

Plus AED 75,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →