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

TH288, Al Reem 3

Sold prices and rental history: sold 4 times, last in April 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH288 · DLD and Ejari recordsUpdated 26 April 2021
Last soldAED 2.1M26 April 2021
Current rentAED 145K /yr31 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH288, Al Reem 3

What is TH288 worth today?

Last sold for AED 2,100,000 in 2021

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26 Apr 2021SoldReady
AED 2,100,000AED 877 per sqft
25 Jul 2018SoldReady
AED 1,800,000AED 751 per sqft
31 Mar 2018RentedRenewal
AED 145,000/yr12 months · AED 61 per sqft
31 Mar 2017RentedRenewal
AED 170,000/yr12 months · AED 71 per sqft
31 Mar 2016RentedNew contract
AED 170,000/yr12 months · AED 71 per sqft
29 Jan 2012SoldReady
AED 1,750,000AED 730 per sqft
3 Aug 2008Sold by developerReady
AED 901,888AED 376 per sqft

Source: Dubai Land Department. Updated 26 April 2021.

Key facts

Type
4-bed villa
Size
2,394 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 2.1M · April 2021
Community
Al Reem 3

About TH288, Al Reem 3

TH288 is a four-bedroom villa of 2,394 sqft in Al Reem 3, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 26 April 2021 for AED 2,100,000, or AED 877 per sqft, 34% above the AED 656 four-beds in the community were fetching at the time.

It has been rented since 2016 on 3 Ejari contracts. The current contract, renewed on 31 March 2018, is AED 145,000 a year: a gross yield of 6.9% on the 2021 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH288 over time

Sales
Villa TH288, 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, August 2008: AED 901,888 (AED 376 per sqft)Sold, January 2012: AED 1,750,000 (AED 730 per sqft)Sold, July 2018: AED 1,800,000 (AED 751 per sqft)Sold, April 2021: AED 2,100,000 (AED 877 per sqft)

TH288 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH288, 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, March 2016: AED 170,000 a yearRenewal, March 2017: AED 170,000 a yearRenewal, March 2018: AED 145,000 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 TH288 sits

All 99 4-beds →

TH288 last sold in April 2021 at AED 877 per sqft, 34% above what four-beds in Al Reem 3 were fetching at the time (AED 656). TH288's AED 145,000 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 →

TH288, Al Reem 3 in numbers

  • Sold 4 times: first on 3 August 2008 for AED 901,888, last on 26 April 2021 for AED 2,100,000 (AED 877 per sqft).
  • Rented since March 2016 on 3 Ejari contracts, from AED 170,000 to AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2021 price is 6.9%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 26 April 2021.

Questions about TH288, Al Reem 3

What did villa TH288 last sell for?

AED 2,100,000 on 26 April 2021: AED 877 per sqft for 2,394 sqft. The villa has 4 registered sales; the first was AED 901,888 in August 2008.

What is the rent for villa TH288?

AED 145,000 a year on the contract renewed on 31 March 2018. The previous contract, from March 2017, was AED 170,000; the villa has been rented since March 2016.

How big is villa TH288?

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

What is villa TH288 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 TH288, Al Reem 3

Starts from the last sale price (AED 2.1M, 26 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →