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

TH029, Reem Community

Sold prices and rental history: sold twice, last in September 2023, and rented once, from February 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH029 · DLD and Ejari recordsUpdated 27 September 2023
Last soldAED 3.68M27 September 2023
Current rentAED 175K /yr15 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH029, Reem Community

What is TH029 worth today?

Last sold for AED 3,675,000 in 2023

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27 Sep 2023SoldReady
AED 3,675,000AED 1,413 per sqft
15 Feb 2022RentedNew contract
AED 175,000/yr12 months · AED 67 per sqft
28 Nov 2021Sold by developerReady
AED 2,837,888AED 1,091 per sqft

Source: Dubai Land Department. Updated 27 September 2023.

Key facts

Type
4-bed villa
Size
2,600 sqft
Developer
Emaar
Completed
2019
Service charge
AED 6,300 /yr
Last sold
AED 3.68M · September 2023

About TH029, Reem Community

TH029 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 27 September 2023 for AED 3,675,000, or AED 1,413 per sqft, 17% above the AED 1,210 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 February 2022. The current contract, signed on 15 February 2022, is AED 175,000 a year: a gross yield of 4.8% on the 2023 price, before the service charge of about AED 6,300 a year.

Sales and rents for TH029 over time

Sales
Villa TH029, 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, November 2021: AED 2,837,888 (AED 1,091 per sqft)Sold, September 2023: AED 3,675,000 (AED 1,413 per sqft)

TH029 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH029, 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, February 2022: AED 175,000 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 TH029 sits

All 88 4-beds →

TH029 last sold in September 2023 at AED 1,413 per sqft, 17% above what four-beds in Reem Community were fetching at the time (AED 1,210). TH029's AED 175,000 is at the bottom 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 →

TH029, Reem Community in numbers

  • Sold twice: first on 28 November 2021 for AED 2,837,888, last on 27 September 2023 for AED 3,675,000 (AED 1,413 per sqft).
  • Rented since February 2022 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2023 price is 4.8%, before a service charge of about AED 6,300 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 27 September 2023.

Questions about TH029, Reem Community

What did villa TH029 last sell for?

AED 3,675,000 on 27 September 2023: AED 1,413 per sqft for 2,600 sqft. The villa has 2 registered sales; the first was AED 2,837,888 in November 2021.

What is the rent for villa TH029?

AED 175,000 a year on the contract signed on 15 February 2022.

How big is villa TH029?

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

What is villa TH029 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 TH029, Reem Community

Starts from the last sale price (AED 3.68M, 27 September 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,675,000
Deposit, UAE resident (20%)
AED 735,000
Deposit, non-resident (40%)
AED 1,470,000
Monthly over 25 years at 3.7%
AED 15,036

Plus AED 159,360 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →