TH006, Al Reem 2
Sold prices and rental history: sold twice, last in September 2018, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH006, Al Reem 2
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Source: Dubai Land Department. Updated 20 September 2018.
Key facts
- Type
- 6-bed villa
- Size
- 2,418 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 7,400 /yr
- Last sold
- AED 1.85M · September 2018
- Community
- Al Reem 2
About TH006, Al Reem 2
TH006 is a six-bedroom villa of 2,418 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 20 September 2018 for AED 1,850,000, or AED 765 per sqft, in line with the AED 765 six-beds in the community were fetching at the time.
It has been rented since 2016 on 3 Ejari contracts. The current contract, signed on 26 April 2017, is AED 137,000 a year: a gross yield of 7.4% on the 2018 price, before the service charge of about AED 7,400 a year.
Sales and rents for TH006 over time
TH006 has sold twice; the dashed line is the six-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the six-bed median of each year in the community.
6-beds in Al Reem 2, and where TH006 sits
All 31 6-beds →TH006 last sold in September 2018 at AED 765 per sqft, in line with what six-beds in Al Reem 2 were fetching at the time (AED 765).
| Recent 6-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20239 May 2023 | 2,841 sqft | 3,300,000 | 1,161 | ||
| 6 Dec 20226 December 2022 | 2,848 sqft | 3,150,000 | 1,105 | ||
| 8 Nov 20228 November 2022 | 2,848 sqft | 3,200,000 | 1,123 | ||
| 7 Sep 20227 September 2022 | 2,841 sqft | 2,700,000 | 950 |
Al Reem 2
Community337 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%
TH006, Al Reem 2 in numbers
- Sold twice: first on 10 July 2008 for AED 600,000, last on 20 September 2018 for AED 1,850,000 (AED 765 per sqft).
- Rented since April 2016 on 3 Ejari contracts, from AED 175,000 to AED 137,000 a year.
- At AED 137,000 a year the gross yield on the 2018 price is 7.4%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 20 September 2018.
Questions about TH006, Al Reem 2
What did villa TH006 last sell for?
AED 1,850,000 on 20 September 2018: AED 765 per sqft for 2,418 sqft. The villa has 2 registered sales; the first was AED 600,000 in July 2008.
What is the rent for villa TH006?
AED 137,000 a year on the contract signed on 26 April 2017. The previous contract, from August 2016, was AED 165,000; the villa has been rented since April 2016.
How big is villa TH006?
2,418 sqft (224.6 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.
What is villa TH006 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 TH006, Al Reem 2
Starts from the last sale price (AED 1.85M, 20 September 2018). Switch to today's estimate once you have unlocked it.- Price
- AED 1,850,000
- Deposit, UAE resident (20%)
- AED 370,000
- Deposit, non-resident (40%)
- AED 740,000
- Monthly over 25 years at 3.7%
- AED 7,569
Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →