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

TH021, Al Reem 2

Sold prices and rental history: sold twice, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH021 · DLD and Ejari recordsUpdated 26 September 2022
Last soldAED 3.3M26 September 2022
Current rentAED 120K /yr10 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH021, Al Reem 2

What is TH021 worth today?

Last sold for AED 3,300,000 in 2022

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26 Sep 2022SoldReady
AED 3,300,000AED 1,077 per sqft
10 Jun 2021RentedRenewal
AED 120,000/yr12 months · AED 39 per sqft
10 Jun 2020RentedNew contract
AED 105,000/yr12 months · AED 34 per sqft
1 Jun 2019RentedNew contract
AED 165,000/yr12 months · AED 54 per sqft
1 Jun 2016RentedNew contract
AED 200,000/yr12 months · AED 65 per sqft
10 Apr 2015RentedNew contract
AED 187,600/yr12 months · AED 61 per sqft
10 Apr 2014RentedNew contract
AED 170,625/yr12 months · AED 56 per sqft
10 Apr 2013RentedNew contract
AED 162,500/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 26 September 2022.

Key facts

Type
5-bed villa
Size
3,063 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 3.3M · September 2022
Community
Al Reem 2

About TH021, Al Reem 2

TH021 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 26 September 2022 for AED 3,300,000, or AED 1,077 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 2013 on 7 Ejari contracts. The current contract, renewed on 10 June 2021, is AED 120,000 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 9,400 a year.

Sales and rents for TH021 over time

Sales
Villa TH021, 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 527,041 (AED 172 per sqft)Sold, September 2022: AED 3,300,000 (AED 1,077 per sqft)

TH021 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH021, 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, April 2013: AED 162,500 a yearNew contract, April 2014: AED 170,625 a yearNew contract, April 2015: AED 187,600 a yearNew contract, June 2016: AED 200,000 a yearNew contract, June 2019: AED 165,000 a yearNew contract, June 2020: AED 105,000 a yearRenewal, June 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 TH021 sits

All 86 5-beds →

TH021 last sold in September 2022 at AED 1,077 per sqft, in line with what five-beds in Al Reem 2 were fetching at the time (AED 1,077). TH021's AED 120,000 is at the bottom 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 →

TH021, Al Reem 2 in numbers

  • Sold twice: first on 16 December 2007 for AED 527,041, last on 26 September 2022 for AED 3,300,000 (AED 1,077 per sqft).
  • Rented since April 2013 on 7 Ejari contracts. The rent fell from AED 162,500 to AED 105,000 in 2020 and recovered to AED 120,000 by June 2021.
  • At AED 120,000 a year the gross yield on the 2022 price is 3.6%, before a service charge of about AED 9,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 26 September 2022.

Questions about TH021, Al Reem 2

What did villa TH021 last sell for?

AED 3,300,000 on 26 September 2022: AED 1,077 per sqft for 3,063 sqft. The villa has 2 registered sales; the first was AED 527,041 in December 2007.

What is the rent for villa TH021?

AED 120,000 a year on the contract renewed on 10 June 2021. The previous contract, from June 2020, was AED 105,000; the villa has been rented since April 2013.

How big is villa TH021?

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

What is villa TH021 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 TH021, Al Reem 2

Starts from the last sale price (AED 3.3M, 26 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →