TH032, Al Reem 2
Sold prices and rental history: sold 3 times, last in October 2015, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH032, Al Reem 2
What is TH032 worth today?
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Source: Dubai Land Department. Updated 21 October 2015.
Key facts
- Type
- 6-bed villa
- Size
- 2,848 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 8,800 /yr
- Last sold
- AED 1.43M · October 2015
- Community
- Al Reem 2
About TH032, Al Reem 2
TH032 is a six-bedroom villa of 2,848 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 21 October 2015 for AED 1,425,000, or AED 500 per sqft, 48% below the AED 968 six-beds in the community were fetching at the time.
It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 1 October 2013, is AED 195,000 a year: a gross yield of 13.7% on the 2015 price, before the service charge of about AED 8,800 a year.
Sales and rents for TH032 over time
TH032 has sold 3 times; the dashed line is the six-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the six-bed median of each year in the community.
6-beds in Al Reem 2, and where TH032 sits
All 31 6-beds →TH032 last sold in October 2015 at AED 500 per sqft, 48% below what six-beds in Al Reem 2 were fetching at the time (AED 968).
| Recent 6-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20239 May 2023 | 2,841 sqft | 3,300,000 | 1,161 | ||
| 6 Dec 20226 December 2022 | 2,848 sqft | 3,150,000 | 1,105 | ||
| 8 Nov 20228 November 2022 | 2,848 sqft | 3,200,000 | 1,123 | ||
| 7 Sep 20227 September 2022 | 2,841 sqft | 2,700,000 | 950 |
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%
TH032, Al Reem 2 in numbers
- Sold 3 times: first on 29 October 2008 for AED 900,782, last on 21 October 2015 for AED 1,425,000 (AED 500 per sqft).
- Rented since August 2012 on 2 Ejari contracts, from AED 150,000 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2015 price is 13.7%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 21 October 2015.
Questions about TH032, Al Reem 2
What did villa TH032 last sell for?
AED 1,425,000 on 21 October 2015: AED 500 per sqft for 2,848 sqft. The villa has 3 registered sales; the first was AED 900,782 in October 2008.
What is the rent for villa TH032?
AED 195,000 a year on the contract signed on 1 October 2013. The previous contract, from August 2012, was AED 150,000.
How big is villa TH032?
2,848 sqft (264.6 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.
What is villa TH032 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 TH032, Al Reem 2
Starts from the last sale price (AED 1.43M, 21 October 2015). Switch to today's estimate once you have unlocked it.- Price
- AED 1,425,000
- Deposit, UAE resident (20%)
- AED 285,000
- Deposit, non-resident (40%)
- AED 570,000
- Monthly over 25 years at 3.7%
- AED 5,830
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →