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

TH070, Reem Community

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

Villa TH070 · DLD and Ejari recordsUpdated 22 May 2024
Last soldAED 3.15M22 May 2024
Current rentAED 138K /yr1 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH070, Reem Community

What is TH070 worth today?

Last sold for AED 3,150,000 in 2024

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22 May 2024SoldReady
AED 3,150,000AED 1,427 per sqft
1 Oct 2022RentedRenewal
AED 137,500/yr12 months · AED 62 per sqft
1 Oct 2021RentedNew contract
AED 125,000/yr12 months · AED 57 per sqft
22 Oct 2020RentedNew contract
AED 110,000/yr12 months · AED 50 per sqft
5 Feb 2017Sold by developerOff-plan
AED 2,084,888AED 944 per sqft

Source: Dubai Land Department. Updated 22 May 2024.

Key facts

Type
3-bed villa
Size
2,207 sqft
Developer
Emaar
Completed
2019
Service charge
AED 5,400 /yr
Last sold
AED 3.15M · May 2024
Community
Reem Community

About TH070, Reem Community

TH070 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 22 May 2024 for AED 3,150,000, or AED 1,427 per sqft, 24% above the AED 1,155 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 1 October 2022, is AED 137,500 a year: a gross yield of 4.4% on the 2024 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH070 over time

Sales
Villa TH070, 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, February 2017: AED 2,084,888 (AED 944 per sqft)Sold, May 2024: AED 3,150,000 (AED 1,427 per sqft)

TH070 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH070, 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 110,000 a yearNew contract, October 2021: AED 125,000 a yearRenewal, October 2022: AED 137,500 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 TH070 sits

All 127 3-beds →

TH070 last sold in May 2024 at AED 1,427 per sqft, 24% above what three-beds in Reem Community were fetching at the time (AED 1,155). 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. TH070's AED 137,500 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 →

TH070, Reem Community in numbers

  • Sold twice: first on 5 February 2017 for AED 2,084,888, last on 22 May 2024 for AED 3,150,000 (AED 1,427 per sqft).
  • Rented since October 2020 on 3 Ejari contracts, from AED 110,000 to AED 137,500 a year.
  • At AED 137,500 a year the gross yield on the 2024 price is 4.4%, 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 22 May 2024.

Questions about TH070, Reem Community

What did villa TH070 last sell for?

AED 3,150,000 on 22 May 2024: AED 1,427 per sqft for 2,207 sqft. The villa has 2 registered sales; the first was AED 2,084,888 in February 2017.

What is the rent for villa TH070?

AED 137,500 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 125,000; the villa has been rented since October 2020.

How big is villa TH070?

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

What is villa TH070 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 TH070, Reem Community

Starts from the last sale price (AED 3.15M, 22 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,150,000
Deposit, UAE resident (20%)
AED 630,000
Deposit, non-resident (40%)
AED 1,260,000
Monthly over 25 years at 3.7%
AED 12,888

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