TH045, Al Reem 2
Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH045, Al Reem 2
What is TH045 worth today?
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Source: Dubai Land Department. Updated 9 May 2023.
Key facts
- Type
- 6-bed villa
- Size
- 2,841 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 8,700 /yr
- Last sold
- AED 3.3M · May 2023
- Community
- Al Reem 2
About TH045, Al Reem 2
TH045 is a six-bedroom villa of 2,841 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 9 May 2023 for AED 3,300,000, or AED 1,161 per sqft, 4% above the AED 1,114 six-beds in the community were fetching at the time.
It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 30 August 2022, is AED 150,000 a year: a gross yield of 4.5% on the 2023 price, before the service charge of about AED 8,700 a year.
Sales and rents for TH045 over time
TH045 has sold twice; 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 TH045 sits
All 31 6-beds →TH045 last sold in May 2023 at AED 1,161 per sqft, 4% above what six-beds in Al Reem 2 were fetching at the time (AED 1,114).
| Recent 6-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 29 Aug 202229 August 2022 | 2,848 sqft | 3,300,000 | 1,158 |
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%
TH045, Al Reem 2 in numbers
- Sold twice: first on 8 July 2008 for AED 932,592, last on 9 May 2023 for AED 3,300,000 (AED 1,161 per sqft).
- Rented since August 2012 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 125,000 in 2020 and recovered to AED 150,000 by August 2022.
- At AED 150,000 a year the gross yield on the 2023 price is 4.5%, before a service charge of about AED 8,700 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 9 May 2023.
Questions about TH045, Al Reem 2
What did villa TH045 last sell for?
AED 3,300,000 on 9 May 2023: AED 1,161 per sqft for 2,841 sqft. The villa has 2 registered sales; the first was AED 932,592 in July 2008.
What is the rent for villa TH045?
AED 150,000 a year on the contract renewed on 30 August 2022. The previous contract, from August 2021, was AED 137,500; the villa has been rented since August 2012.
How big is villa TH045?
2,841 sqft (263.9 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.
What is villa TH045 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 TH045, Al Reem 2
Starts from the last sale price (AED 3.3M, 9 May 2023). 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 →