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

TH040, Reem Community

Sold prices and rental history: sold twice, last in April 2023, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH040 · DLD and Ejari recordsUpdated 10 April 2023
Last soldAED 2.43M10 April 2023
Current rentAED 95K /yr1 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH040, Reem Community

What is TH040 worth today?

Last sold for AED 2,425,000 in 2023

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10 Apr 2023SoldReady
AED 2,425,000AED 1,094 per sqft
1 Jun 2022RentedRenewal
AED 95,000/yr12 months · AED 43 per sqft
1 Jun 2021RentedRenewal
AED 95,000/yr12 months · AED 43 per sqft
9 May 2018Sold by developerOff-plan
AED 2,064,888AED 931 per sqft

Source: Dubai Land Department. Updated 10 April 2023.

Key facts

Type
3-bed villa
Size
2,216 sqft
Developer
Emaar
Completed
2019
Service charge
AED 5,400 /yr
Last sold
AED 2.43M · April 2023
Community
Reem Community

About TH040, Reem Community

TH040 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 10 April 2023 for AED 2,425,000, or AED 1,094 per sqft, 4% above the AED 1,050 three-beds in the community were fetching at the time.

It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 June 2022, is AED 95,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH040 over time

Sales
Villa TH040, 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, May 2018: AED 2,064,888 (AED 931 per sqft)Sold, April 2023: AED 2,425,000 (AED 1,094 per sqft)

TH040 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH040, 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 197,500Renewal, June 2021: AED 95,000 a yearRenewal, June 2022: 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 TH040 sits

All 127 3-beds →

TH040 last sold in April 2023 at AED 1,094 per sqft, 4% above what three-beds in Reem Community were fetching at the time (AED 1,050). 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. TH040'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 →

TH040, Reem Community in numbers

  • Sold twice: first on 9 May 2018 for AED 2,064,888, last on 10 April 2023 for AED 2,425,000 (AED 1,094 per sqft).
  • Rented since June 2021 on 2 Ejari contracts, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2023 price is 3.9%, 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 10 April 2023.

Questions about TH040, Reem Community

What did villa TH040 last sell for?

AED 2,425,000 on 10 April 2023: AED 1,094 per sqft for 2,216 sqft. The villa has 2 registered sales; the first was AED 2,064,888 in May 2018.

What is the rent for villa TH040?

AED 95,000 a year on the contract renewed on 1 June 2022. The previous contract, from June 2021, was AED 95,000.

How big is villa TH040?

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

What is villa TH040 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 TH040, Reem Community

Starts from the last sale price (AED 2.43M, 10 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,425,000
Deposit, UAE resident (20%)
AED 485,000
Deposit, non-resident (40%)
AED 970,000
Monthly over 25 years at 3.7%
AED 9,921

Plus AED 106,860 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →