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

TH116, Reem Community

Sold prices and rental history: sold once, by the developer in February 2017, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH116 · DLD and Ejari recordsUpdated 17 August 2024
Last soldAED 2.15M19 February 2017
Current rentAED 215K /yr17 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH116, Reem Community

What is TH116 worth today?

Last sold for AED 2,148,888 in 2017

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17 Aug 2024RentedNew contract
AED 215,000/yr12 months · AED 97 per sqft
20 Jun 2023RentedRenewal
AED 175,000/yr12 months · AED 79 per sqft
20 Jun 2022RentedNew contract
AED 150,000/yr12 months · AED 68 per sqft
13 Jun 2021RentedNew contract
AED 111,000/yr12 months · AED 50 per sqft
14 May 2020RentedNew contract
AED 100,000/yr12 months · AED 45 per sqft
19 Feb 2017Sold by developerOff-plan
AED 2,148,888AED 969 per sqft

Source: Dubai Land Department. Updated 17 August 2024.

Key facts

Type
3-bed villa
Size
2,216 sqft
Developer
Emaar
Completed
2019
Service charge
AED 5,400 /yr
Last sold
AED 2.15M · February 2017

About TH116, Reem Community

TH116 is a three-bedroom villa of 2,216 sqft in Reem Community, a villa community in Arabian Ranches 2 completed in 2019 by Emaar. The developer sold it on 19 February 2017 for AED 2,148,888, or AED 969 per sqft, in line with the AED 955 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, signed on 17 August 2024, is AED 215,000 a year: a gross yield of 10.0% on the 2017 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH116 over time

Sales
Villa TH116, 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 2,148,888 (AED 969 per sqft)

TH116 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH116, each contractTypical three-bed in Reem Community
100K200K2020202220242026Typical 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, May 2020: AED 100,000 a yearNew contract, June 2021: AED 111,000 a yearNew contract, June 2022: AED 150,000 a yearRenewal, June 2023: AED 175,000 a yearNew contract, August 2024: AED 215,000 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 TH116 sits

All 127 3-beds →

TH116 last sold in February 2017 at AED 969 per sqft, in line with what three-beds in Reem Community were fetching at the time (AED 955). 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. TH116's AED 215,000 is in the upper 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 →

TH116, Reem Community in numbers

  • Sold once: by Emaar on 19 February 2017 for AED 2,148,888, or AED 969 per sqft.
  • Rented since May 2020 on 5 Ejari contracts, from AED 100,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2017 price is 10.0%, 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 17 August 2024.

Questions about TH116, Reem Community

What did villa TH116 last sell for?

AED 2,148,888 on 19 February 2017, sold by the developer: AED 969 per sqft for 2,216 sqft. It is the only registered sale of the villa.

What is the rent for villa TH116?

AED 215,000 a year on the contract signed on 17 August 2024. The previous contract, from June 2023, was AED 175,000; the villa has been rented since May 2020.

How big is villa TH116?

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

What is villa TH116 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 TH116, Reem Community

Starts from the last sale price (AED 2.15M, 19 February 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,148,888
Deposit, UAE resident (20%)
AED 429,778
Deposit, non-resident (40%)
AED 859,555
Monthly over 25 years at 3.7%
AED 8,792

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