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

TH053, Al Reem 2

Sold prices and rental history: sold twice, last in December 2020, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH053 · DLD and Ejari recordsUpdated 21 March 2024
Last soldAED 1.61M23 December 2020
Current rentAED 180K /yr21 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH053, Al Reem 2

What is TH053 worth today?

Last sold for AED 1,610,000 in 2020

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21 Mar 2024RentedRenewal
AED 179,740/yr12 months · AED 69 per sqft
21 Mar 2023RentedNew contract
AED 163,400/yr12 months · AED 62 per sqft
21 Mar 2022RentedNew contract
AED 136,400/yr12 months · AED 52 per sqft
21 Mar 2021RentedNew contract
AED 124,000/yr12 months · AED 47 per sqft
23 Dec 2020SoldReady
AED 1,610,000AED 614 per sqft
11 Aug 2010Sold by developerReady
AED 2,950,000AED 1,125 per sqft

Source: Dubai Land Department. Updated 21 March 2024.

Key facts

Type
5-bed villa
Size
2,620 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,100 /yr
Last sold
AED 1.61M · December 2020
Community
Al Reem 2

About TH053, Al Reem 2

TH053 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 23 December 2020 for AED 1,610,000, or AED 614 per sqft, in line with the AED 621 five-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 21 March 2024, is AED 179,740 a year: a gross yield of 11.2% on the 2020 price, before the service charge of about AED 8,100 a year.

Sales and rents for TH053 over time

Sales
Villa TH053, 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 2010: AED 2,950,000 (AED 1,125 per sqft)Sold, December 2020: AED 1,610,000 (AED 614 per sqft)

TH053 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH053, 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, March 2021: AED 124,000 a yearNew contract, March 2022: AED 136,400 a yearNew contract, March 2023: AED 163,400 a yearRenewal, March 2024: AED 179,740 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 TH053 sits

All 86 5-beds →

TH053 last sold in December 2020 at AED 614 per sqft, in line with what five-beds in Al Reem 2 were fetching at the time (AED 621). TH053's AED 179,740 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 →

TH053, Al Reem 2 in numbers

  • Sold twice: first on 11 August 2010 for AED 2,950,000, last on 23 December 2020 for AED 1,610,000 (AED 614 per sqft).
  • Rented since March 2021 on 4 Ejari contracts, from AED 124,000 to AED 179,740 a year.
  • At AED 179,740 a year the gross yield on the 2020 price is 11.2%, before a service charge of about AED 8,100 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 21 March 2024.

Questions about TH053, Al Reem 2

What did villa TH053 last sell for?

AED 1,610,000 on 23 December 2020: AED 614 per sqft for 2,620 sqft. The villa has 2 registered sales; the first was AED 2,950,000 in August 2010.

What is the rent for villa TH053?

AED 179,740 a year on the contract renewed on 21 March 2024. The previous contract, from March 2023, was AED 163,400; the villa has been rented since March 2021.

How big is villa TH053?

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

What is villa TH053 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 TH053, Al Reem 2

Starts from the last sale price (AED 1.61M, 23 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,610,000
Deposit, UAE resident (20%)
AED 322,000
Deposit, non-resident (40%)
AED 644,000
Monthly over 25 years at 3.7%
AED 6,587

Plus AED 72,630 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →