5-bed · 3,070 sqftAl Reem 2, Arabian Ranches · completed 2007

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.

Villa TH014 · DLD and Ejari recordsUpdated 16 October 2024
Last soldAED 2.9M13 February 2013
Current rentAED 240K /yr16 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH014, Al Reem 2

What is TH014 worth today?

Last sold for AED 2,900,000 in 2013

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16 Oct 2024RentedRenewal
AED 240,000/yr12 months · AED 78 per sqft
16 Oct 2023RentedNew contract
AED 235,000/yr12 months · AED 77 per sqft
24 Jul 2022RentedRenewal
AED 147,000/yr12 months · AED 48 per sqft
24 Jul 2020RentedRenewal
AED 140,000/yr12 months · AED 46 per sqft
24 Jul 2019RentedRenewal
AED 160,000/yr12 months · AED 52 per sqft
24 Jul 2018RentedNew contract
AED 160,000/yr12 months · AED 52 per sqft
19 Sep 2017RentedNew contract
AED 180,000/yr12 months · AED 59 per sqft
3 Jul 2015RentedNew contract
AED 200,000/yr12 months · AED 65 per sqft

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

Sales
Villa TH014, 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, March 2009: AED 1,200,000 (AED 390 per sqft)Sold, March 2009: AED 1,075,164 (AED 350 per sqft)Sold, October 2009: AED 1,335,000 (AED 434 per sqft)Sold, February 2013: AED 2,900,000 (AED 944 per sqft)

TH014 has sold 4 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH014, each contractTypical five-bed in Al Reem 2
100K200K20112015201920232027Typical 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, July 2013: AED 200,000 a yearNew contract, June 2014: AED 210,000 a yearNew contract, July 2015: AED 200,000 a yearNew contract, September 2017: AED 180,000 a yearNew contract, July 2018: AED 160,000 a yearRenewal, July 2019: AED 160,000 a yearRenewal, July 2020: AED 140,000 a yearRenewal, July 2022: AED 147,000 a yearNew contract, October 2023: AED 235,000 a yearRenewal, October 2024: AED 240,000 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 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 salesVilla no.Price (AED)Summary
28 Sep 20233,300,000
19 Jun 20233,250,000
17 Apr 20233,100,000
11 Apr 20232,850,000
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 →

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 →