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3-bed · 2,216 sqftReem Community, Arabian Ranches 2 · completed 2019

TH007, Reem Community

Sold prices and rental history: sold twice, last in December 2020, and rented once, from April 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH007 · DLD and Ejari recordsUpdated 7 December 2020
Last soldAED 1.68M7 December 2020
Current rentAED 95K /yr1 April 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH007, Reem Community

What is TH007 worth today?

Last sold for AED 1,675,000 in 2020

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7 Dec 2020SoldReady
AED 1,675,000AED 755 per sqft
1 Apr 2020RentedNew contract
AED 95,000/yr12 months · AED 43 per sqft
21 Jun 2018Sold by developerOff-plan
AED 2,168,888AED 978 per sqft

Source: Dubai Land Department. Updated 7 December 2020.

Key facts

Type
3-bed villa
Size
2,216 sqft
Developer
Emaar
Completed
2019
Service charge
AED 5,400 /yr
Last sold
AED 1.68M · December 2020
Community
Reem Community

About TH007, Reem Community

TH007 is a three-bedroom villa of 2,216 sqft in Reem Community, a villa community in Arabian Ranches 2 completed in 2019 by Emaar. It last sold on 7 December 2020 for AED 1,675,000, or AED 755 per sqft, in line with the AED 744 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 April 2020. The current contract, signed on 1 April 2020, is AED 95,000 a year: a gross yield of 5.7% on the 2020 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH007 over time

Sales
Villa TH007, each saleTypical three-bed in Reem Community
2M3M4M2017202020232026Typical sale price by year: 2017 AED 2,096,888; 2018 AED 2,096,888; 2019 AED 2,085,388; 2020 AED 1,675,000; 2021 AED 2,100,000; 2022 AED 2,282,500; 2023 AED 2,475,000; 2024 AED 3,250,000; 2025 AED 3,650,000Sold by developer, June 2018: AED 2,168,888 (AED 978 per sqft)Sold, December 2020: AED 1,675,000 (AED 755 per sqft)

TH007 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH007, each contractTypical three-bed in Reem Community
100K150K200K2020202220242026Typical rent by year: 2020 AED 95,000; 2021 AED 105,000; 2022 AED 128,000; 2023 AED 150,000; 2024 AED 195,000; 2025 AED 205,000; 2026 AED 197,500New contract, April 2020: AED 95,000 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 Reem Community, and where TH007 sits

All 127 3-beds →

TH007 last sold in December 2020 at AED 755 per sqft, in line with what three-beds in Reem Community were fetching at the time (AED 744). Over the last 12 months three-beds sold for AED 3,700,000, around AED 1,676 per sqft, and rent for AED 145,000 to 220,000 a year. TH007's AED 95,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
10 Dec 20253,700,000
31 Oct 20253,750,000
2 Oct 20253,650,000
24 Sep 20253,675,000
1 3-bed sale in the last 12 months

Reem Community

Community

215 villas, 3-bed to 4-bed in Arabian Ranches 2, completed in 2019 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 1,676
Typical sale
AED 3.7M
Typical rent
AED 220K /yr
Typical yield
5.9%
Reem Community, Arabian Ranches 2: prices, sales and rents →

TH007, Reem Community in numbers

  • Sold twice: first on 21 June 2018 for AED 2,168,888, last on 7 December 2020 for AED 1,675,000 (AED 755 per sqft).
  • Rented since April 2020 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2020 price is 5.7%, before a service charge of about AED 5,400 a year (AED 2.44 per sqft).
  • Three-beds in Reem Community sold for AED 3,700,000–3,700,000 in the 12 months to November 2026; the community's median across all types is AED 1,676 per sqft.

Source: Dubai Land Department. Updated 7 December 2020.

Questions about TH007, Reem Community

What did villa TH007 last sell for?

AED 1,675,000 on 7 December 2020: AED 755 per sqft for 2,216 sqft. The villa has 2 registered sales; the first was AED 2,168,888 in June 2018.

What is the rent for villa TH007?

AED 95,000 a year on the contract signed on 1 April 2020.

How big is villa TH007?

2,216 sqft (205.9 sqm): a three-bedroom villa in Reem Community, completed in 2019.

What is villa TH007 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Reem Community sold for AED 3,700,000 to 3,700,000 in the last 12 months, around AED 1,676 per sqft.

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Mortgage on TH007, Reem Community

Starts from the last sale price (AED 1.68M, 7 December 2020). 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 →