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

TH055, Al Reem 2

Sold prices and rental history: sold 3 times, last in March 2021, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH055 · DLD and Ejari recordsUpdated 31 March 2021
Last soldAED 1.85M31 March 2021
Current rentAED 120K /yr10 September 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH055, Al Reem 2

What is TH055 worth today?

Last sold for AED 1,850,000 in 2021

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31 Mar 2021SoldReady
AED 1,850,000AED 700 per sqft
10 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 45 per sqft
6 Jun 2018SoldReady
AED 2,125,000AED 804 per sqft
12 Jan 2016RentedNew contract
AED 170,000/yr12 months · AED 64 per sqft
24 Nov 2014RentedNew contract
AED 200,000/yr12 months · AED 76 per sqft
12 Sep 2013RentedNew contract
AED 170,000/yr12 months · AED 64 per sqft
12 Sep 2012RentedNew contract
AED 155,000/yr12 months · AED 59 per sqft
30 May 2010Sold by developerReady
AED 852,109AED 322 per sqft

Source: Dubai Land Department. Updated 31 March 2021.

Key facts

Type
5-bed villa
Size
2,643 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,100 /yr
Last sold
AED 1.85M · March 2021
Community
Al Reem 2

About TH055, Al Reem 2

TH055 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 31 March 2021 for AED 1,850,000, or AED 700 per sqft, 12% above the AED 626 five-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, signed on 10 September 2020, is AED 120,000 a year: a gross yield of 6.5% on the 2021 price, before the service charge of about AED 8,100 a year.

Sales and rents for TH055 over time

Sales
Villa TH055, 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, May 2010: AED 852,109 (AED 322 per sqft)Sold, June 2018: AED 2,125,000 (AED 804 per sqft)Sold, March 2021: AED 1,850,000 (AED 700 per sqft)

TH055 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH055, 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, September 2012: AED 155,000 a yearNew contract, September 2013: AED 170,000 a yearNew contract, November 2014: AED 200,000 a yearNew contract, January 2016: AED 170,000 a yearNew contract, September 2020: AED 120,000 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 TH055 sits

All 86 5-beds →

TH055 last sold in March 2021 at AED 700 per sqft, 12% above what five-beds in Al Reem 2 were fetching at the time (AED 626). TH055's AED 120,000 is at the bottom 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 →

TH055, Al Reem 2 in numbers

  • Sold 3 times: first on 30 May 2010 for AED 852,109, last on 31 March 2021 for AED 1,850,000 (AED 700 per sqft).
  • Rented since September 2012 on 5 Ejari contracts, from AED 155,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 6.5%, before a service charge of about AED 8,100 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 31 March 2021.

Questions about TH055, Al Reem 2

What did villa TH055 last sell for?

AED 1,850,000 on 31 March 2021: AED 700 per sqft for 2,643 sqft. The villa has 3 registered sales; the first was AED 852,109 in May 2010.

What is the rent for villa TH055?

AED 120,000 a year on the contract signed on 10 September 2020. The previous contract, from January 2016, was AED 170,000; the villa has been rented since September 2012.

How big is villa TH055?

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

What is villa TH055 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 TH055, Al Reem 2

Starts from the last sale price (AED 1.85M, 31 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,850,000
Deposit, UAE resident (20%)
AED 370,000
Deposit, non-resident (40%)
AED 740,000
Monthly over 25 years at 3.7%
AED 7,569

Plus AED 82,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →