
TH014, Al Reem 2
Sold prices and rental history: sold 4 times, last in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH014, Al Reem 2
What is TH014 worth today?
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Source: Dubai Land Department. Updated 16 October 2024.
Key facts
- Type
- 5-bed villa
- Size
- 3,070 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 9,500 /yr
- Last sold
- AED 2.9M · February 2013
- Community
- Al Reem 2
About TH014, Al Reem 2
TH014 is a five-bedroom villa of 3,070 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 13 February 2013 for AED 2,900,000, or AED 944 per sqft, 33% above the AED 711 five-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 16 October 2024, is AED 240,000 a year: a gross yield of 8.3% on the 2013 price, before the service charge of about AED 9,500 a year.
Sales and rents for TH014 over time
TH014 has sold 4 times; the dashed line is the five-bed median of each year in the community.
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 TH014 sits
All 86 5-beds →TH014 last sold in February 2013 at AED 944 per sqft, 33% above what five-beds in Al Reem 2 were fetching at the time (AED 711). TH014's AED 240,000 is in the upper half of that range.
| Recent 5-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 28 Sep 202328 September 2023 | 2,636 sqft | 3,300,000 | 1,252 | ||
| 19 Jun 202319 June 2023 | 3,063 sqft | 3,250,000 | 1,061 | ||
| 17 Apr 202317 April 2023 | 2,636 sqft | 3,100,000 | 1,176 | ||
| 11 Apr 202311 April 2023 | 2,620 sqft | 2,850,000 | 1,087 |
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%
TH014, Al Reem 2 in numbers
- Sold 4 times: first on 30 March 2009 for AED 1,075,164, last on 13 February 2013 for AED 2,900,000 (AED 944 per sqft).
- Rented since July 2013 on 10 Ejari contracts. The rent fell from AED 200,000 to AED 140,000 in 2020 and recovered to AED 240,000 by October 2024.
- At AED 240,000 a year the gross yield on the 2013 price is 8.3%, before a service charge of about AED 9,500 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 16 October 2024.
Questions about TH014, Al Reem 2
What did villa TH014 last sell for?
AED 2,900,000 on 13 February 2013: AED 944 per sqft for 3,070 sqft. The villa has 4 registered sales; the first was AED 1,075,164 in March 2009.
What is the rent for villa TH014?
AED 240,000 a year on the contract renewed on 16 October 2024. The previous contract, from October 2023, was AED 235,000; the villa has been rented since July 2013.
How big is villa TH014?
3,070 sqft (285.2 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.
What is villa TH014 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 TH014, Al Reem 2
Starts from the last sale price (AED 2.9M, 13 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 2,900,000
- Deposit, UAE resident (20%)
- AED 580,000
- Deposit, non-resident (40%)
- AED 1,160,000
- Monthly over 25 years at 3.7%
- AED 11,865
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →