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6-bed · 2,411 sqftAl Reem 2, Arabian Ranches · completed 2007

TH007, Al Reem 2

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH007 · DLD and Ejari recordsUpdated 14 June 2024
Last soldAED 1.61M21 December 2020
Current rentAED 220K /yr14 June 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH007, Al Reem 2

What is TH007 worth today?

Last sold for AED 1,610,000 in 2020

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14 Jun 2024RentedNew contract
AED 220,000/yr12 months · AED 91 per sqft
1 Mar 2024RentedRenewal
AED 200,000/yr3 months · AED 83 per sqft
14 Feb 2021RentedNew contract
AED 90,000/yr12 months · AED 37 per sqft
21 Dec 2020SoldReady
AED 1,610,000AED 667 per sqft
27 Sep 2019RentedNew contract
AED 105,000/yr12 months · AED 44 per sqft
7 Sep 2018RentedRenewal
AED 140,000/yr12 months · AED 58 per sqft
7 Sep 2017RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
28 Aug 2015RentedNew contract
AED 175,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 14 June 2024.

Key facts

Type
6-bed villa
Size
2,411 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 1.61M · December 2020
Community
Al Reem 2

About TH007, Al Reem 2

TH007 is a six-bedroom villa of 2,411 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 21 December 2020 for AED 1,610,000, or AED 667 per sqft, 14% below the AED 774 six-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, signed on 14 June 2024, is AED 220,000 a year: a gross yield of 13.7% on the 2020 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH007 over time

Sales
Villa TH007, each saleTypical six-bed in Al Reem 2
2M20072011201520192023Typical sale price by year: 2007 AED 611,222; 2008 AED 1,037,888; 2009 AED 1,082,888; 2010 AED 1,375,000; 2012 AED 2,125,000; 2014 AED 3,425,000; 2015 AED 2,750,000; 2016 AED 2,775,000; 2018 AED 2,012,500; 2020 AED 2,190,000; 2021 AED 2,550,000; 2022 AED 3,150,000Sold by developer, March 2009: AED 838,879 (AED 347 per sqft)Sold, December 2012: AED 2,150,000 (AED 891 per sqft)Sold, December 2020: AED 1,610,000 (AED 667 per sqft)

TH007 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH007, each contractTypical six-bed in Al Reem 2
100K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 167,500; 2014 AED 182,500; 2015 AED 200,000; 2016 AED 185,000; 2017 AED 170,000; 2018 AED 140,000; 2019 AED 139,612; 2020 AED 130,000; 2021 AED 128,000; 2022 AED 150,000; 2023 AED 170,750; 2024 AED 200,000; 2025 AED 220,000New contract, February 2014: AED 137,579 a yearNew contract, August 2015: AED 175,000 a yearRenewal, September 2017: AED 150,000 a yearRenewal, September 2018: AED 140,000 a yearNew contract, September 2019: AED 105,000 a yearNew contract, February 2021: AED 90,000 a yearRenewal, March 2024: AED 200,000 a yearNew contract, June 2024: AED 220,000 a year

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 TH007 sits

All 31 6-beds →

TH007 last sold in December 2020 at AED 667 per sqft, 14% below what six-beds in Al Reem 2 were fetching at the time (AED 774).

Recent 6-bed salesVilla no.Price (AED)Summary
9 May 20233,300,000
6 Dec 20223,150,000
8 Nov 20223,200,000
7 Sep 20222,700,000
0 6-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 →

TH007, Al Reem 2 in numbers

  • Sold 3 times: first on 24 March 2009 for AED 838,879, last on 21 December 2020 for AED 1,610,000 (AED 667 per sqft).
  • Rented since February 2014 on 8 Ejari contracts. The rent fell from AED 137,579 to AED 90,000 in 2021 and recovered to AED 220,000 by June 2024.
  • At AED 220,000 a year the gross yield on the 2020 price is 13.7%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 14 June 2024.

Questions about TH007, Al Reem 2

What did villa TH007 last sell for?

AED 1,610,000 on 21 December 2020: AED 667 per sqft for 2,411 sqft. The villa has 3 registered sales; the first was AED 838,879 in March 2009.

What is the rent for villa TH007?

AED 220,000 a year on the contract signed on 14 June 2024. The previous contract, from March 2024, was AED 200,000; the villa has been rented since February 2014.

How big is villa TH007?

2,411 sqft (224.0 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH007 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 TH007, Al Reem 2

Starts from the last sale price (AED 1.61M, 21 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,610,000
Deposit, UAE resident (20%)
AED 322,000
Deposit, non-resident (40%)
AED 644,000
Monthly over 25 years at 3.7%
AED 6,587

Plus AED 72,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →