4-bed · 2,600 sqftReem Community, Arabian Ranches 2 · completed 2019

TH023, Reem Community

Sold prices and rental history: sold 4 times, last in October 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH023 · DLD and Ejari recordsUpdated 15 October 2024
Last soldAED 4.4M15 October 2024
Current rentAED 250K /yr4 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH023, Reem Community

What is TH023 worth today?

Last sold for AED 4,400,000 in 2024

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15 Oct 2024SoldReady
AED 4,400,000AED 1,692 per sqft
4 Oct 2023RentedNew contract
AED 250,000/yr12 months · AED 96 per sqft
30 Mar 2023SoldReady
AED 3,200,000AED 1,230 per sqft
1 Aug 2022RentedRenewal
AED 137,500/yr12 months · AED 53 per sqft
1 Aug 2021RentedNew contract
AED 122,000/yr12 months · AED 47 per sqft
5 Jul 2021SoldReady
AED 2,650,000AED 1,019 per sqft
1 Aug 2020RentedNew contract
AED 115,000/yr12 months · AED 44 per sqft
7 Feb 2019Sold by developerOff-plan
AED 2,600,888AED 1,000 per sqft

Source: Dubai Land Department. Updated 15 October 2024.

Key facts

Type
4-bed villa
Size
2,600 sqft
Developer
Emaar
Completed
2019
Service charge
AED 6,300 /yr
Last sold
AED 4.4M · October 2024

About TH023, Reem Community

TH023 is a four-bedroom villa of 2,600 sqft in Reem Community, a villa community in Arabian Ranches 2 completed in 2019 by Emaar. It last sold on 15 October 2024 for AED 4,400,000, or AED 1,692 per sqft, 10% above the AED 1,538 four-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 4 Ejari contracts. The current contract, signed on 4 October 2023, is AED 250,000 a year: a gross yield of 5.7% 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 four-bed in Reem Community
2M4M2017202020232026Typical sale price by year: 2017 AED 2,638,888; 2018 AED 2,666,888; 2019 AED 2,647,388; 2020 AED 2,250,000; 2021 AED 2,575,000; 2022 AED 2,827,500; 2023 AED 3,200,000; 2024 AED 4,000,000; 2025 AED 4,725,000Sold by developer, February 2019: AED 2,600,888 (AED 1,000 per sqft)Sold, July 2021: AED 2,650,000 (AED 1,019 per sqft)Sold, March 2023: AED 3,200,000 (AED 1,230 per sqft)Sold, October 2024: AED 4,400,000 (AED 1,692 per sqft)

TH023 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH023, each contractTypical four-bed in Reem Community
100K200K2020202220242026Typical rent by year: 2020 AED 115,000; 2021 AED 126,000; 2022 AED 149,250; 2023 AED 190,000; 2024 AED 240,000; 2025 AED 260,000; 2026 AED 260,000New contract, August 2020: AED 115,000 a yearNew contract, August 2021: AED 122,000 a yearRenewal, August 2022: AED 137,500 a yearNew contract, October 2023: AED 250,000 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 Reem Community, and where TH023 sits

All 88 4-beds →

TH023 last sold in October 2024 at AED 1,692 per sqft, 10% above what four-beds in Reem Community were fetching at the time (AED 1,538). TH023's AED 250,000 is in the upper half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
21 Aug 20254,000,000
4 Aug 20254,725,000
1 May 20254,750,000
28 Apr 20254,600,000
0 4-bed sales 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 →

TH023, Reem Community in numbers

  • Sold 4 times: first on 7 February 2019 for AED 2,600,888, last on 15 October 2024 for AED 4,400,000 (AED 1,692 per sqft).
  • Rented since August 2020 on 4 Ejari contracts, from AED 115,000 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 5.7%, before a service charge of about AED 6,300 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 15 October 2024.

Questions about TH023, Reem Community

What did villa TH023 last sell for?

AED 4,400,000 on 15 October 2024: AED 1,692 per sqft for 2,600 sqft. The villa has 4 registered sales; the first was AED 2,600,888 in February 2019.

What is the rent for villa TH023?

AED 250,000 a year on the contract signed on 4 October 2023. The previous contract, from August 2022, was AED 137,500; the villa has been rented since August 2020.

How big is villa TH023?

2,600 sqft (241.5 sqm): a four-bedroom villa in Reem Community, completed in 2019.

What is villa TH023 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 TH023, Reem Community

Starts from the last sale price (AED 4.4M, 15 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,400,000
Deposit, UAE resident (20%)
AED 880,000
Deposit, non-resident (40%)
AED 1,760,000
Monthly over 25 years at 3.7%
AED 18,002

Plus AED 189,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →