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6-bed · 2,848 sqftAl Reem 2, Arabian Ranches · completed 2007

TH038, Al Reem 2

Sold prices and rental history: sold once, by the developer in November 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH038 · DLD and Ejari recordsUpdated 18 November 2008
Last soldAED 477K18 November 2008
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH038, Al Reem 2

What is TH038 worth today?

Last sold for AED 477,166 in 2008

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18 Nov 2008Sold by developerReady
AED 477,166AED 167 per sqft

Source: Dubai Land Department. Updated 18 November 2008.

Key facts

Type
6-bed villa
Size
2,848 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 477K · November 2008
Community
Al Reem 2

About TH038, Al Reem 2

TH038 is a six-bedroom villa of 2,848 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 18 November 2008 for AED 477,166, or AED 167 per sqft, 51% below the AED 341 six-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH038 over time

Sales
Villa TH038, each saleTypical six-bed in Al Reem 2
02M20072011201520192023Typical sale price by year: 2007 AED 611,222; 2008 AED 1,037,888; 2009 AED 1,082,888; 2010 AED 1,375,000; 2012 AED 2,125,000; 2014 AED 3,425,000; 2015 AED 2,750,000; 2016 AED 2,775,000; 2018 AED 2,012,500; 2020 AED 2,190,000; 2021 AED 2,550,000; 2022 AED 3,150,000Sold by developer, November 2008: AED 477,166 (AED 167 per sqft)

TH038 has sold once; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH038, each contractTypical six-bed in Al Reem 2
150K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 167,500; 2014 AED 182,500; 2015 AED 200,000; 2016 AED 185,000; 2017 AED 170,000; 2018 AED 140,000; 2019 AED 139,612; 2020 AED 130,000; 2021 AED 128,000; 2022 AED 150,000; 2023 AED 170,750; 2024 AED 200,000; 2025 AED 220,000

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 TH038 sits

All 31 6-beds →

TH038 last sold in November 2008 at AED 167 per sqft, 51% below what six-beds in Al Reem 2 were fetching at the time (AED 341).

Recent 6-bed salesVilla no.Price (AED)Summary
9 May 20233,300,000
6 Dec 20223,150,000
8 Nov 20223,200,000
7 Sep 20222,700,000
0 6-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 →

TH038, Al Reem 2 in numbers

  • Sold once: by Emaar on 18 November 2008 for AED 477,166, or AED 167 per sqft.

Source: Dubai Land Department. Updated 18 November 2008.

Questions about TH038, Al Reem 2

What did villa TH038 last sell for?

AED 477,166 on 18 November 2008, sold by the developer: AED 167 per sqft for 2,848 sqft. It is the only registered sale of the villa.

How big is villa TH038?

2,848 sqft (264.6 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH038 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 TH038, Al Reem 2

Starts from the last sale price (AED 477K, 18 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 477,166
Deposit, UAE resident (20%)
AED 95,433
Deposit, non-resident (40%)
AED 190,866
Monthly over 25 years at 3.7%
AED 1,952

Plus AED 22,951 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →