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

TH056, Al Reem 2

Sold prices and rental history: sold twice, last in April 2014, and rented once, from March 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH056 · DLD and Ejari recordsUpdated 30 April 2014
Last soldAED 3.4M30 April 2014
Current rentAED 165K /yr1 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH056, Al Reem 2

What is TH056 worth today?

Last sold for AED 3,400,000 in 2014

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30 Apr 2014SoldReady
AED 3,400,000AED 1,193 per sqft
1 Mar 2013RentedNew contract
AED 165,000/yr12 months · AED 58 per sqft
27 Dec 2009Sold by developerReady
AED 2,900,000AED 1,018 per sqft

Source: Dubai Land Department. Updated 30 April 2014.

Key facts

Type
6-bed villa
Size
2,848 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 3.4M · April 2014
Community
Al Reem 2

About TH056, Al Reem 2

TH056 is a six-bedroom villa of 2,848 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 30 April 2014 for AED 3,400,000, or AED 1,193 per sqft, in line with the AED 1,193 six-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 March 2013. The current contract, signed on 1 March 2013, is AED 165,000 a year: a gross yield of 4.9% on the 2014 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH056 over time

Sales
Villa TH056, each saleTypical six-bed in Al Reem 2
2M20072011201520192023Typical 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, December 2009: AED 2,900,000 (AED 1,018 per sqft)Sold, April 2014: AED 3,400,000 (AED 1,193 per sqft)

TH056 has sold twice; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH056, 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 220,000New contract, March 2013: AED 165,000 a year

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 TH056 sits

All 31 6-beds →

TH056 last sold in April 2014 at AED 1,193 per sqft, in line with what six-beds in Al Reem 2 were fetching at the time (AED 1,193).

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 →

TH056, Al Reem 2 in numbers

  • Sold twice: first on 27 December 2009 for AED 2,900,000, last on 30 April 2014 for AED 3,400,000 (AED 1,193 per sqft).
  • Rented since March 2013 on one Ejari contract, at AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2014 price is 4.9%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 30 April 2014.

Questions about TH056, Al Reem 2

What did villa TH056 last sell for?

AED 3,400,000 on 30 April 2014: AED 1,193 per sqft for 2,848 sqft. The villa has 2 registered sales; the first was AED 2,900,000 in December 2009.

What is the rent for villa TH056?

AED 165,000 a year on the contract signed on 1 March 2013.

How big is villa TH056?

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

What is villa TH056 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 TH056, Al Reem 2

Starts from the last sale price (AED 3.4M, 30 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →