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3-bed · 2,505 sqftAlma Townhomes 1, Arabian Ranches · completed 2009

TH118, Alma Townhomes 1

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

Villa TH118 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 3.8M20 May 2024
Current rentAED 165K /yr20 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH118, Alma Townhomes 1

What is TH118 worth today?

Last sold for AED 3,800,000 in 2024

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20 May 2024SoldReady
AED 3,800,000AED 1,516 per sqft
20 Feb 2024RentedRenewal
AED 165,000/yr12 months · AED 66 per sqft
20 Feb 2023RentedRenewal
AED 139,150/yr12 months · AED 56 per sqft
20 Feb 2022RentedRenewal
AED 126,500/yr12 months · AED 50 per sqft
10 Jan 2019RentedNew contract
AED 120,000/yr12 months · AED 48 per sqft
25 Oct 2017RentedNew contract
AED 145,000/yr12 months · AED 58 per sqft
1 Feb 2017RentedNew contract
AED 175,000/yr12 months · AED 70 per sqft
1 Feb 2016RentedNew contract
AED 180,000/yr12 months · AED 72 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 20 May 2024.

Key facts

Type
3-bed villa
Size
2,505 sqft
Developer
Emaar
Completed
2009
Service charge
AED 6,300 /yr
Last sold
AED 3.8M · May 2024
Community
Alma Townhomes 1

About TH118, Alma Townhomes 1

TH118 is a three-bedroom villa of 2,505 sqft in Alma Townhomes 1, a villa community in Arabian Ranches completed in 2009 by Emaar. It last sold on 20 May 2024 for AED 3,800,000, or AED 1,516 per sqft, 3% below the AED 1,565 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 20 February 2024, is AED 165,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 6,300 a year.

Sales and rents for TH118 over time

Sales
Villa TH118, 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, April 2013: AED 2,518,888 (AED 1,005 per sqft)Sold, May 2024: AED 3,800,000 (AED 1,516 per sqft)

TH118 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH118, 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, April 2013: AED 150,000 a yearNew contract, April 2015: AED 184,079 a yearNew contract, February 2016: AED 180,000 a yearNew contract, February 2016: AED 175,000 a yearNew contract, February 2017: AED 175,000 a yearNew contract, October 2017: AED 145,000 a yearNew contract, January 2019: AED 120,000 a yearRenewal, February 2022: AED 126,500 a yearRenewal, February 2023: AED 139,150 a yearRenewal, February 2024: AED 165,000 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 TH118 sits

All 208 3-beds →

TH118 last sold in May 2024 at AED 1,516 per sqft, 3% below what three-beds in Alma Townhomes 1 were fetching at the time (AED 1,565). 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. TH118's AED 165,000 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 →

TH118, Alma Townhomes 1 in numbers

  • Sold twice: first on 30 April 2013 for AED 2,518,888, last on 20 May 2024 for AED 3,800,000 (AED 1,516 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2019 and recovered to AED 165,000 by February 2024.
  • At AED 165,000 a year the gross yield on the 2024 price is 4.3%, 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 20 May 2024.

Questions about TH118, Alma Townhomes 1

What did villa TH118 last sell for?

AED 3,800,000 on 20 May 2024: AED 1,516 per sqft for 2,505 sqft. The villa has 2 registered sales; the first was AED 2,518,888 in April 2013.

What is the rent for villa TH118?

AED 165,000 a year on the contract renewed on 20 February 2024. The previous contract, from February 2023, was AED 139,150; the villa has been rented since April 2013.

How big is villa TH118?

2,505 sqft (232.7 sqm): a three-bedroom villa in Alma Townhomes 1, completed in 2009.

What is villa TH118 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 TH118, Alma Townhomes 1

Starts from the last sale price (AED 3.8M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,800,000
Deposit, UAE resident (20%)
AED 760,000
Deposit, non-resident (40%)
AED 1,520,000
Monthly over 25 years at 3.7%
AED 15,547

Plus AED 164,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →