4-bed · 2,394 sqftAl Reem 3, Arabian Ranches · completed 2007

TH284, Al Reem 3

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH284 · DLD and Ejari recordsUpdated 3 July 2024
Last soldAED 882K17 November 2008
Current rentAED 180K /yr3 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH284, Al Reem 3

What is TH284 worth today?

Last sold for AED 882,353 in 2008

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3 Jul 2024RentedRenewal
AED 180,000/yr12 months · AED 75 per sqft
3 Jul 2023RentedRenewal
AED 165,000/yr12 months · AED 69 per sqft
3 Jul 2022RentedNew contract
AED 165,000/yr12 months · AED 69 per sqft
15 Jun 2021RentedRenewal
AED 120,000/yr12 months · AED 50 per sqft
15 Jun 2020RentedNew contract
AED 115,000/yr12 months · AED 48 per sqft
17 Nov 2008Sold by developerReady
AED 882,353AED 368 per sqft

Source: Dubai Land Department. Updated 3 July 2024.

Key facts

Type
4-bed villa
Size
2,394 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 882K · November 2008
Community
Al Reem 3

About TH284, Al Reem 3

TH284 is a four-bedroom villa of 2,394 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 17 November 2008 for AED 882,353, or AED 368 per sqft, 16% below the AED 436 four-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 3 July 2024, is AED 180,000 a year: a gross yield of 20.4% on the 2008 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH284 over time

Sales
Villa TH284, 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, November 2008: AED 882,353 (AED 368 per sqft)

TH284 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH284, 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, June 2020: AED 115,000 a yearRenewal, June 2021: AED 120,000 a yearNew contract, July 2022: AED 165,000 a yearRenewal, July 2023: AED 165,000 a yearRenewal, July 2024: AED 180,000 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 TH284 sits

All 99 4-beds →

TH284 last sold in November 2008 at AED 368 per sqft, 16% below what four-beds in Al Reem 3 were fetching at the time (AED 436). TH284's AED 180,000 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 →

TH284, Al Reem 3 in numbers

  • Sold once: by Emaar on 17 November 2008 for AED 882,353, or AED 368 per sqft.
  • Rented since June 2020 on 5 Ejari contracts, from AED 115,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2008 price is 20.4%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 3 July 2024.

Questions about TH284, Al Reem 3

What did villa TH284 last sell for?

AED 882,353 on 17 November 2008, sold by the developer: AED 368 per sqft for 2,394 sqft. It is the only registered sale of the villa.

What is the rent for villa TH284?

AED 180,000 a year on the contract renewed on 3 July 2024. The previous contract, from July 2023, was AED 165,000; the villa has been rented since June 2020.

How big is villa TH284?

2,394 sqft (222.4 sqm): a four-bedroom villa in Al Reem 3, completed in 2007.

What is villa TH284 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 TH284, Al Reem 3

Starts from the last sale price (AED 882K, 17 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 882,353
Deposit, UAE resident (20%)
AED 176,471
Deposit, non-resident (40%)
AED 352,941
Monthly over 25 years at 3.7%
AED 3,610

Plus AED 42,069 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →