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5-bed · 3,161 sqftAl Reem 2, Arabian Ranches · completed 2007

TH016, Al Reem 2

Sold prices and rental history: sold 3 times, last in February 2013, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH016 · DLD and Ejari recordsUpdated 1 October 2015
Last soldAED 2.8M12 February 2013
Current rentAED 180K /yr1 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH016, Al Reem 2

What is TH016 worth today?

Last sold for AED 2,800,000 in 2013

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1 Oct 2015RentedNew contract
AED 180,000/yr12 months · AED 57 per sqft
14 Jun 2014RentedNew contract
AED 194,250/yr12 months · AED 61 per sqft
14 Jun 2013RentedNew contract
AED 185,000/yr12 months · AED 59 per sqft
12 Feb 2013SoldReady
AED 2,800,000AED 885 per sqft
24 Feb 2011Sold by developerReady
AED 1,900,000AED 601 per sqft
24 Feb 2011SoldReady
AED 1,600,000AED 506 per sqft

Source: Dubai Land Department. Updated 1 October 2015.

Key facts

Type
5-bed villa
Size
3,161 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,700 /yr
Last sold
AED 2.8M · February 2013
Community
Al Reem 2

About TH016, Al Reem 2

TH016 is a five-bedroom villa of 3,161 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 12 February 2013 for AED 2,800,000, or AED 885 per sqft, 27% above the AED 699 five-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 1 October 2015, is AED 180,000 a year: a gross yield of 6.4% on the 2013 price, before the service charge of about AED 9,700 a year.

Sales and rents for TH016 over time

Sales
Villa TH016, 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, February 2011: AED 1,900,000 (AED 601 per sqft)Sold, February 2011: AED 1,600,000 (AED 506 per sqft)Sold, February 2013: AED 2,800,000 (AED 885 per sqft)

TH016 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH016, 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, June 2013: AED 185,000 a yearNew contract, June 2014: AED 194,250 a yearNew contract, October 2015: AED 180,000 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 TH016 sits

All 86 5-beds →

TH016 last sold in February 2013 at AED 885 per sqft, 27% above what five-beds in Al Reem 2 were fetching at the time (AED 699). TH016's AED 180,000 is in the lower 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 →

TH016, Al Reem 2 in numbers

  • Sold 3 times: first on 24 February 2011 for AED 1,600,000, last on 12 February 2013 for AED 2,800,000 (AED 885 per sqft).
  • Rented since June 2013 on 3 Ejari contracts, from AED 185,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2013 price is 6.4%, before a service charge of about AED 9,700 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 October 2015.

Questions about TH016, Al Reem 2

What did villa TH016 last sell for?

AED 2,800,000 on 12 February 2013: AED 885 per sqft for 3,161 sqft. The villa has 3 registered sales; the first was AED 1,600,000 in February 2011.

What is the rent for villa TH016?

AED 180,000 a year on the contract signed on 1 October 2015. The previous contract, from June 2014, was AED 194,250; the villa has been rented since June 2013.

How big is villa TH016?

3,161 sqft (293.7 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH016 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 TH016, Al Reem 2

Starts from the last sale price (AED 2.8M, 12 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →