Home
Dubai prices
About
Research
3-bed · 2,518 sqftAl Reem 2, Arabian Ranches · completed 2007

TH003, Al Reem 2

Sold prices and rental history: sold 3 times, last in July 2024, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH003 · DLD and Ejari recordsUpdated 2 July 2024
Last soldAED 3.3M2 July 2024
Current rentAED 172K /yr27 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH003

Property timeline for TH003, Al Reem 2

What is TH003 worth today?

Last sold for AED 3,300,000 in 2024

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

2 Jul 2024SoldReady
AED 3,300,000AED 1,310 per sqft
21 Apr 2016SoldReady
AED 2,150,000AED 853 per sqft
27 May 2014RentedNew contract
AED 172,000/yr12 months · AED 68 per sqft
21 May 2013RentedNew contract
AED 155,000/yr12 months · AED 62 per sqft
15 Feb 2012Sold by developerReady
AED 378,096AED 150 per sqft

Source: Dubai Land Department. Updated 2 July 2024.

Key facts

Type
3-bed villa
Size
2,518 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 3.3M · July 2024
Community
Al Reem 2

About TH003, Al Reem 2

TH003 is a three-bedroom villa of 2,518 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 2 July 2024 for AED 3,300,000, or AED 1,310 per sqft, 5% below the AED 1,383 three-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 27 May 2014, is AED 172,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH003 over time

Sales
Villa TH003, each saleTypical three-bed in Al Reem 2
02M4M2007201220172022Typical sale price by year: 2007 AED 778,891; 2008 AED 1,132,369; 2009 AED 968,888; 2010 AED 1,537,500; 2011 AED 900,000; 2012 AED 1,660,000; 2013 AED 2,147,500; 2014 AED 3,200,000; 2015 AED 2,550,000; 2016 AED 2,250,000; 2017 AED 2,250,000; 2018 AED 1,750,000; 2019 AED 1,250,000; 2020 AED 1,350,000; 2021 AED 2,052,500; 2022 AED 3,000,000; 2023 AED 3,275,000; 2024 AED 3,775,000; 2025 AED 4,850,000Sold by developer, February 2012: AED 378,096 (AED 150 per sqft)Sold, April 2016: AED 2,150,000 (AED 853 per sqft)Sold, July 2024: AED 3,300,000 (AED 1,310 per sqft)

TH003 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH003, each contractTypical three-bed in Al Reem 2
100K150K2012201620202024Typical rent by year: 2012 AED 128,500; 2013 AED 125,750; 2014 AED 152,000; 2015 AED 168,750; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 106,000; 2021 AED 99,724; 2022 AED 120,000; 2023 AED 139,150; 2024 AED 160,011; 2025 AED 168,000; 2026 AED 180,750New contract, May 2013: AED 155,000 a yearNew contract, May 2014: AED 172,000 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 Al Reem 2, and where TH003 sits

All 95 3-beds →

TH003 last sold in July 2024 at AED 1,310 per sqft, 5% below what three-beds in Al Reem 2 were fetching at the time (AED 1,383). Over the last 12 months three-beds sold for AED 5,450,000 to 6,200,000, around AED 2,138 per sqft, and rent for AED 121,000 to 300,000 a year. TH003's AED 172,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Dec 20256,200,000
11 Dec 20256,100,000
10 Dec 20255,500,000
9 Dec 20255,450,000
4 3-bed sales in the last 12 months

Al Reem 2

Community

337 villas, 2-bed to 6-bed in Arabian Ranches, completed in 2007 by Emaar. 5 sold in the last 12 months.

Typical price per sqft
AED 2,257
Typical sale
AED 5.5M
Typical rent
AED 192K /yr
Typical yield
3.5%
Al Reem 2, Arabian Ranches: prices, sales and rents →

TH003, Al Reem 2 in numbers

  • Sold 3 times: first on 15 February 2012 for AED 378,096, last on 2 July 2024 for AED 3,300,000 (AED 1,310 per sqft).
  • Rented since May 2013 on 2 Ejari contracts, from AED 155,000 to AED 172,000 a year.
  • At AED 172,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 2 sold for AED 5,450,000–6,200,000 in the 12 months to November 2026; the community's median across all types is AED 2,257 per sqft.

Source: Dubai Land Department. Updated 2 July 2024.

Questions about TH003, Al Reem 2

What did villa TH003 last sell for?

AED 3,300,000 on 2 July 2024: AED 1,310 per sqft for 2,518 sqft. The villa has 3 registered sales; the first was AED 378,096 in February 2012.

What is the rent for villa TH003?

AED 172,000 a year on the contract signed on 27 May 2014. The previous contract, from May 2013, was AED 155,000.

How big is villa TH003?

2,518 sqft (233.9 sqm): a three-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 2 sold for AED 5,450,000 to 6,200,000 in the last 12 months, around AED 2,138 per sqft.

Selling TH003? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH003, Al Reem 2

Starts from the last sale price (AED 3.3M, 2 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →