4-bed · 2,602 sqftReem Community, Arabian Ranches 2 · completed 2019

TH063, Reem Community

Sold prices and rental history: sold twice, last in March 2022, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH063 · DLD and Ejari recordsUpdated 23 March 2022
Last soldAED 2.84M23 March 2022
Current rentAED 130K /yr5 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH063, Reem Community

What is TH063 worth today?

Last sold for AED 2,835,000 in 2022

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23 Mar 2022SoldReady
AED 2,835,000AED 1,089 per sqft
5 Jul 2021RentedRenewal
AED 130,000/yr12 months · AED 50 per sqft
5 Jul 2020RentedNew contract
AED 115,000/yr12 months · AED 44 per sqft
5 Feb 2017Sold by developerOff-plan
AED 2,667,888AED 1,025 per sqft

Source: Dubai Land Department. Updated 23 March 2022.

Key facts

Type
4-bed villa
Size
2,602 sqft
Developer
Emaar
Completed
2019
Service charge
AED 6,300 /yr
Last sold
AED 2.84M · March 2022

About TH063, Reem Community

TH063 is a four-bedroom villa of 2,602 sqft in Reem Community, a villa community in Arabian Ranches 2 completed in 2019 by Emaar. It last sold on 23 March 2022 for AED 2,835,000, or AED 1,089 per sqft, 6% above the AED 1,024 four-beds in the community were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, renewed on 5 July 2021, is AED 130,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 6,300 a year.

Sales and rents for TH063 over time

Sales
Villa TH063, 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 2017: AED 2,667,888 (AED 1,025 per sqft)Sold, March 2022: AED 2,835,000 (AED 1,089 per sqft)

TH063 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH063, 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, July 2020: AED 115,000 a yearRenewal, July 2021: AED 130,000 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 TH063 sits

All 88 4-beds →

TH063 last sold in March 2022 at AED 1,089 per sqft, 6% above what four-beds in Reem Community were fetching at the time (AED 1,024). TH063's AED 130,000 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 →

TH063, Reem Community in numbers

  • Sold twice: first on 5 February 2017 for AED 2,667,888, last on 23 March 2022 for AED 2,835,000 (AED 1,089 per sqft).
  • Rented since July 2020 on 2 Ejari contracts, from AED 115,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 6,300 a year (AED 2.44 per sqft).

Source: Dubai Land Department. Updated 23 March 2022.

Questions about TH063, Reem Community

What did villa TH063 last sell for?

AED 2,835,000 on 23 March 2022: AED 1,089 per sqft for 2,602 sqft. The villa has 2 registered sales; the first was AED 2,667,888 in February 2017.

What is the rent for villa TH063?

AED 130,000 a year on the contract renewed on 5 July 2021. The previous contract, from July 2020, was AED 115,000.

How big is villa TH063?

2,602 sqft (241.7 sqm): a four-bedroom villa in Reem Community, completed in 2019.

What is villa TH063 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 TH063, Reem Community

Starts from the last sale price (AED 2.84M, 23 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,835,000
Deposit, UAE resident (20%)
AED 567,000
Deposit, non-resident (40%)
AED 1,134,000
Monthly over 25 years at 3.7%
AED 11,599

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