3-bed · 2,207 sqftReem Community, Arabian Ranches 2 · completed 2019

TH032, Reem Community

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

Villa TH032 · DLD and Ejari recordsUpdated 12 June 2024
Last soldAED 3.2M12 June 2024
Current rentAED 147K /yr23 November 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH032, Reem Community

What is TH032 worth today?

Last sold for AED 3,200,000 in 2024

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12 Jun 2024SoldReady
AED 3,200,000AED 1,449 per sqft
23 Nov 2022RentedRenewal
AED 147,000/yr12 months · AED 67 per sqft
23 Nov 2021RentedNew contract
AED 140,000/yr12 months · AED 63 per sqft
18 Oct 2020RentedNew contract
AED 100,000/yr12 months · AED 45 per sqft
25 Sep 2017Sold by developerOff-plan
AED 2,053,888AED 930 per sqft

Source: Dubai Land Department. Updated 12 June 2024.

Key facts

Type
3-bed villa
Size
2,207 sqft
Developer
Emaar
Completed
2019
Service charge
AED 5,400 /yr
Last sold
AED 3.2M · June 2024

About TH032, Reem Community

TH032 is a three-bedroom villa of 2,207 sqft in Reem Community, a villa community in Arabian Ranches 2 completed in 2019 by Emaar. It last sold on 12 June 2024 for AED 3,200,000, or AED 1,449 per sqft, 19% above the AED 1,218 three-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 23 November 2022, is AED 147,000 a year: a gross yield of 4.6% on the 2024 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH032 over time

Sales
Villa TH032, 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, September 2017: AED 2,053,888 (AED 930 per sqft)Sold, June 2024: AED 3,200,000 (AED 1,449 per sqft)

TH032 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH032, 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, October 2020: AED 100,000 a yearNew contract, November 2021: AED 140,000 a yearRenewal, November 2022: AED 147,000 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 TH032 sits

All 127 3-beds →

TH032 last sold in June 2024 at AED 1,449 per sqft, 19% above what three-beds in Reem Community were fetching at the time (AED 1,218). 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. TH032's AED 147,000 is in the lower half 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 →

TH032, Reem Community in numbers

  • Sold twice: first on 25 September 2017 for AED 2,053,888, last on 12 June 2024 for AED 3,200,000 (AED 1,449 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 100,000 to AED 147,000 a year.
  • At AED 147,000 a year the gross yield on the 2024 price is 4.6%, 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 12 June 2024.

Questions about TH032, Reem Community

What did villa TH032 last sell for?

AED 3,200,000 on 12 June 2024: AED 1,449 per sqft for 2,207 sqft. The villa has 2 registered sales; the first was AED 2,053,888 in September 2017.

What is the rent for villa TH032?

AED 147,000 a year on the contract renewed on 23 November 2022. The previous contract, from November 2021, was AED 140,000; the villa has been rented since October 2020.

How big is villa TH032?

2,207 sqft (205.0 sqm): a three-bedroom villa in Reem Community, completed in 2019.

What is villa TH032 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 TH032, Reem Community

Starts from the last sale price (AED 3.2M, 12 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →