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3-bed · 2,520 sqftAlma Townhomes 1, Arabian Ranches · completed 2009

TH023, Alma Townhomes 1

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH023 · DLD and Ejari recordsUpdated 18 November 2024
Last soldAED 4.45M18 November 2024
Current rentAED 120K /yr26 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH023, Alma Townhomes 1

What is TH023 worth today?

Last sold for AED 4,450,000 in 2024

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18 Nov 2024SoldReady
AED 4,450,000AED 1,766 per sqft
18 Nov 2022SoldReady
AED 2,900,000AED 1,150 per sqft
26 Oct 2021RentedRenewal
AED 119,678/yr12 months · AED 47 per sqft
26 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 48 per sqft
26 Oct 2019RentedRenewal
AED 140,000/yr12 months · AED 56 per sqft
26 Oct 2018RentedNew contract
AED 140,000/yr12 months · AED 56 per sqft
1 Dec 2016RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft
20 Nov 2015RentedNew contract
AED 195,000/yr12 months · AED 77 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Key facts

Type
3-bed villa
Size
2,520 sqft
Developer
Emaar
Completed
2009
Service charge
AED 6,300 /yr
Last sold
AED 4.45M · November 2024
Community
Alma Townhomes 1

About TH023, Alma Townhomes 1

TH023 is a three-bedroom villa of 2,520 sqft in Alma Townhomes 1, a villa community in Arabian Ranches completed in 2009 by Emaar. It last sold on 18 November 2024 for AED 4,450,000, or AED 1,766 per sqft, in line with the AED 1,738 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 26 October 2021, is AED 119,678 a year: a gross yield of 2.7% on the 2024 price, before the service charge of about AED 6,300 a year.

Sales and rents for TH023 over time

Sales
Villa TH023, each saleTypical three-bed in Alma Townhomes 1
2M4M6M2009201420192024Typical sale price by year: 2009 AED 2,983,944; 2010 AED 2,826,888; 2011 AED 2,530,388; 2012 AED 2,505,000; 2013 AED 3,011,444; 2014 AED 3,127,444; 2015 AED 2,760,944; 2016 AED 2,950,000; 2017 AED 2,712,500; 2018 AED 2,450,000; 2019 AED 2,000,000; 2020 AED 2,510,000; 2021 AED 2,775,000; 2022 AED 3,100,000; 2023 AED 3,700,000; 2024 AED 4,949,998; 2025 AED 5,900,000Sold by developer, May 2011: AED 1,772,888 (AED 703 per sqft)Sold, November 2022: AED 2,900,000 (AED 1,150 per sqft)Sold, November 2024: AED 4,450,000 (AED 1,766 per sqft)

TH023 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH023, each contractTypical three-bed in Alma Townhomes 1
100K200K2012201620202024Typical rent by year: 2012 AED 157,500; 2013 AED 170,000; 2014 AED 190,000; 2015 AED 195,131; 2016 AED 190,000; 2017 AED 180,000; 2018 AED 160,000; 2019 AED 150,000; 2020 AED 130,000; 2021 AED 140,000; 2022 AED 155,000; 2023 AED 175,438; 2024 AED 203,500; 2025 AED 230,000; 2026 AED 237,500New contract, May 2013: AED 140,000 a yearNew contract, January 2014: AED 190,000 a yearNew contract, January 2015: AED 199,500 a yearNew contract, November 2015: AED 195,000 a yearNew contract, December 2016: AED 180,000 a yearNew contract, October 2018: AED 140,000 a yearRenewal, October 2019: AED 140,000 a yearRenewal, October 2020: AED 120,000 a yearRenewal, October 2021: AED 119,678 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 Alma Townhomes 1, and where TH023 sits

All 208 3-beds →

TH023 last sold in November 2024 at AED 1,766 per sqft, in line with what three-beds in Alma Townhomes 1 were fetching at the time (AED 1,738). Over the last 12 months three-beds sold for AED 5,850,000 to 7,100,000, around AED 2,388 per sqft, and rent for AED 168,750 to 375,000 a year. TH023's AED 119,678 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
6 Feb 20267,000,000
15 Dec 20257,100,000
12 Dec 20256,100,000
28 Nov 20255,900,000
6 3-bed sales in the last 12 months

Alma Townhomes 1

Community

210 villas, 2-bed to 3-bed in Arabian Ranches, completed in 2009 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 2,388
Typical sale
AED 6.12M
Typical rent
AED 242K /yr
Typical yield
3.9%
Alma Townhomes 1, Arabian Ranches: prices, sales and rents →

TH023, Alma Townhomes 1 in numbers

  • Sold 3 times: first on 2 May 2011 for AED 1,772,888, last on 18 November 2024 for AED 4,450,000 (AED 1,766 per sqft).
  • Rented since May 2013 on 9 Ejari contracts, from AED 140,000 to AED 119,678 a year.
  • At AED 119,678 a year the gross yield on the 2024 price is 2.7%, before a service charge of about AED 6,300 a year (AED 2.50 per sqft).
  • Three-beds in Alma Townhomes 1 sold for AED 5,850,000–7,100,000 in the 12 months to November 2026; the community's median across all types is AED 2,388 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 18 November 2024.

Questions about TH023, Alma Townhomes 1

What did villa TH023 last sell for?

AED 4,450,000 on 18 November 2024: AED 1,766 per sqft for 2,520 sqft. The villa has 3 registered sales; the first was AED 1,772,888 in May 2011.

What is the rent for villa TH023?

AED 119,678 a year on the contract renewed on 26 October 2021. The previous contract, from October 2020, was AED 120,000; the villa has been rented since May 2013.

How big is villa TH023?

2,520 sqft (234.1 sqm): a three-bedroom villa in Alma Townhomes 1, completed in 2009.

What is villa TH023 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Alma Townhomes 1 sold for AED 5,850,000 to 7,100,000 in the last 12 months, around AED 2,388 per sqft.

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Mortgage on TH023, Alma Townhomes 1

Starts from the last sale price (AED 4.45M, 18 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,450,000
Deposit, UAE resident (20%)
AED 890,000
Deposit, non-resident (40%)
AED 1,780,000
Monthly over 25 years at 3.7%
AED 18,206

Plus AED 191,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →