5-bed · 3,063 sqftAl Reem 2, Arabian Ranches · completed 2007

TH011, Al Reem 2

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH011 · DLD and Ejari recordsUpdated 19 June 2023
Last soldAED 3.25M19 June 2023
Current rentAED 120K /yr10 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH011, Al Reem 2

What is TH011 worth today?

Last sold for AED 3,250,000 in 2023

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19 Jun 2023SoldReady
AED 3,250,000AED 1,061 per sqft
10 Oct 2021RentedRenewal
AED 120,000/yr12 months · AED 39 per sqft
10 Oct 2020RentedRenewal
AED 120,000/yr12 months · AED 39 per sqft
10 Oct 2019RentedRenewal
AED 145,000/yr12 months · AED 47 per sqft
10 Oct 2018RentedRenewal
AED 160,000/yr12 months · AED 52 per sqft
10 Oct 2017RentedNew contract
AED 160,000/yr12 months · AED 52 per sqft
4 Jun 2014RentedNew contract
AED 180,000/yr12 months · AED 59 per sqft
4 Jun 2013RentedNew contract
AED 180,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 19 June 2023.

Key facts

Type
5-bed villa
Size
3,063 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 3.25M · June 2023
Community
Al Reem 2

About TH011, Al Reem 2

TH011 is a five-bedroom villa of 3,063 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 19 June 2023 for AED 3,250,000, or AED 1,061 per sqft, in line with the AED 1,077 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 10 October 2021, is AED 120,000 a year: a gross yield of 3.7% on the 2023 price, before the service charge of about AED 9,400 a year.

Sales and rents for TH011 over time

Sales
Villa TH011, each saleTypical five-bed in Al Reem 2
2M2007201220172022Typical sale price by year: 2007 AED 950,000; 2008 AED 1,350,000; 2009 AED 1,335,000; 2010 AED 1,565,944; 2011 AED 1,337,582; 2012 AED 1,810,000; 2013 AED 2,925,000; 2014 AED 2,850,000; 2015 AED 1,475,000; 2016 AED 2,492,500; 2017 AED 2,397,500; 2018 AED 2,085,000; 2019 AED 1,950,000; 2020 AED 1,725,000; 2021 AED 2,600,000; 2022 AED 3,300,000; 2023 AED 3,175,000Sold by developer, December 2007: AED 1,050,000 (AED 342 per sqft)Sold, June 2023: AED 3,250,000 (AED 1,061 per sqft)

TH011 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH011, each contractTypical five-bed in Al Reem 2
150K200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 150,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 160,000; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 149,500; 2023 AED 175,000; 2024 AED 200,000; 2025 AED 210,000; 2026 AED 225,000New contract, April 2012: AED 165,000 a yearNew contract, June 2013: AED 180,000 a yearNew contract, June 2014: AED 180,000 a yearNew contract, October 2017: AED 160,000 a yearRenewal, October 2018: AED 160,000 a yearRenewal, October 2019: AED 145,000 a yearRenewal, October 2020: AED 120,000 a yearRenewal, October 2021: AED 120,000 a year

Annual rent on each registered contract; the dashed line is the five-bed median of each year in the community.

5-beds in Al Reem 2, and where TH011 sits

All 86 5-beds →

TH011 last sold in June 2023 at AED 1,061 per sqft, in line with what five-beds in Al Reem 2 were fetching at the time (AED 1,077). TH011's AED 120,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
28 Sep 20233,300,000
17 Apr 20233,100,000
11 Apr 20232,850,000
5 Dec 20223,900,000
0 5-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 →

TH011, Al Reem 2 in numbers

  • Sold twice: first on 24 December 2007 for AED 1,050,000, last on 19 June 2023 for AED 3,250,000 (AED 1,061 per sqft).
  • Rented since April 2012 on 8 Ejari contracts, from AED 165,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 3.7%, before a service charge of about AED 9,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 19 June 2023.

Questions about TH011, Al Reem 2

What did villa TH011 last sell for?

AED 3,250,000 on 19 June 2023: AED 1,061 per sqft for 3,063 sqft. The villa has 2 registered sales; the first was AED 1,050,000 in December 2007.

What is the rent for villa TH011?

AED 120,000 a year on the contract renewed on 10 October 2021. The previous contract, from October 2020, was AED 120,000; the villa has been rented since April 2012.

How big is villa TH011?

3,063 sqft (284.6 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH011 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 TH011, Al Reem 2

Starts from the last sale price (AED 3.25M, 19 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

Plus AED 141,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →