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5-bed · 2,643 sqftAl Reem 2, Arabian Ranches · completed 2007

TH049, Al Reem 2

Sold prices and rental history: sold twice, last in February 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH049 · DLD and Ejari recordsUpdated 19 February 2018
Last soldAED 2.25M19 February 2018
Current rentAED 170K /yr27 August 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH049, Al Reem 2

What is TH049 worth today?

Last sold for AED 2,250,000 in 2018

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19 Feb 2018SoldReady
AED 2,250,000AED 851 per sqft
27 Aug 2015RentedNew contract
AED 170,000/yr12 months · AED 64 per sqft
10 Aug 2014RentedNew contract
AED 175,000/yr12 months · AED 66 per sqft
21 Aug 2013Sold by developerReady
AED 1,800,000AED 681 per sqft
1 Aug 2013RentedNew contract
AED 170,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 19 February 2018.

Key facts

Type
5-bed villa
Size
2,643 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,100 /yr
Last sold
AED 2.25M · February 2018
Community
Al Reem 2

About TH049, Al Reem 2

TH049 is a five-bedroom villa of 2,643 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 19 February 2018 for AED 2,250,000, or AED 851 per sqft, 5% below the AED 898 five-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 27 August 2015, is AED 170,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 8,100 a year.

Sales and rents for TH049 over time

Sales
Villa TH049, 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 2013: AED 1,800,000 (AED 681 per sqft)Sold, February 2018: AED 2,250,000 (AED 851 per sqft)

TH049 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH049, 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 225,000New contract, August 2013: AED 170,000 a yearNew contract, August 2014: AED 175,000 a yearNew contract, August 2015: AED 170,000 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 TH049 sits

All 86 5-beds →

TH049 last sold in February 2018 at AED 851 per sqft, 5% below what five-beds in Al Reem 2 were fetching at the time (AED 898). TH049's AED 170,000 is in the lower half 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 →

TH049, Al Reem 2 in numbers

  • Sold twice: first on 21 August 2013 for AED 1,800,000, last on 19 February 2018 for AED 2,250,000 (AED 851 per sqft).
  • Rented since August 2013 on 3 Ejari contracts, at AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2018 price is 7.6%, before a service charge of about AED 8,100 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 19 February 2018.

Questions about TH049, Al Reem 2

What did villa TH049 last sell for?

AED 2,250,000 on 19 February 2018: AED 851 per sqft for 2,643 sqft. The villa has 2 registered sales; the first was AED 1,800,000 in August 2013.

What is the rent for villa TH049?

AED 170,000 a year on the contract signed on 27 August 2015. The previous contract, from August 2014, was AED 175,000; the villa has been rented since August 2013.

How big is villa TH049?

2,643 sqft (245.5 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH049 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 TH049, Al Reem 2

Starts from the last sale price (AED 2.25M, 19 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

Plus AED 99,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →