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5-bed · 2,620 sqftAl Reem 2, Arabian Ranches · completed 2007

TH029, Al Reem 2

Sold prices and rental history: sold twice, last in May 2017, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH029 · DLD and Ejari recordsUpdated 25 May 2017
Last soldAED 2.42M25 May 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH029, Al Reem 2

What is TH029 worth today?

Last sold for AED 2,420,000 in 2017

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25 May 2017SoldReady
AED 2,420,000AED 923 per sqft
4 Aug 2008Sold by developerReady
AED 2,150,000AED 820 per sqft

Source: Dubai Land Department. Updated 25 May 2017.

Key facts

Type
5-bed villa
Size
2,620 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,100 /yr
Last sold
AED 2.42M · May 2017
Community
Al Reem 2

About TH029, Al Reem 2

TH029 is a five-bedroom villa of 2,620 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 25 May 2017 for AED 2,420,000, or AED 923 per sqft, in line with the AED 923 five-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH029 over time

Sales
Villa TH029, 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, August 2008: AED 2,150,000 (AED 820 per sqft)Sold, May 2017: AED 2,420,000 (AED 923 per sqft)

TH029 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH029, 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 225,000

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 TH029 sits

All 86 5-beds →

TH029 last sold in May 2017 at AED 923 per sqft, in line with what five-beds in Al Reem 2 were fetching at the time (AED 923).

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 →

TH029, Al Reem 2 in numbers

  • Sold twice: first on 4 August 2008 for AED 2,150,000, last on 25 May 2017 for AED 2,420,000 (AED 923 per sqft).

Source: Dubai Land Department. Updated 25 May 2017.

Questions about TH029, Al Reem 2

What did villa TH029 last sell for?

AED 2,420,000 on 25 May 2017: AED 923 per sqft for 2,620 sqft. The villa has 2 registered sales; the first was AED 2,150,000 in August 2008.

How big is villa TH029?

2,620 sqft (243.4 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH029 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 TH029, Al Reem 2

Starts from the last sale price (AED 2.42M, 25 May 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,420,000
Deposit, UAE resident (20%)
AED 484,000
Deposit, non-resident (40%)
AED 968,000
Monthly over 25 years at 3.7%
AED 9,901

Plus AED 106,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →