4-bed · 2,518 sqftAl Reem 2, Arabian Ranches · completed 2007

TH058, Al Reem 2

Sold prices and rental history: sold 3 times, last in October 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH058 · DLD and Ejari recordsUpdated 15 October 2020
Last soldAED 1.52M15 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH058, Al Reem 2

What is TH058 worth today?

Last sold for AED 1,520,000 in 2020

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15 Oct 2020SoldReady
AED 1,520,000AED 603 per sqft
24 Jan 2008SoldReady
AED 2,050,000AED 814 per sqft
3 Sep 2007Sold by developerReady
AED 729,632AED 289 per sqft

Source: Dubai Land Department. Updated 15 October 2020.

Key facts

Type
4-bed villa
Size
2,518 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 1.52M · October 2020
Community
Al Reem 2

About TH058, Al Reem 2

TH058 is a four-bedroom villa of 2,518 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 15 October 2020 for AED 1,520,000, or AED 603 per sqft, 11% below the AED 676 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH058 over time

Sales
Villa TH058, each saleTypical four-bed in Al Reem 2
2M2007201220172022Typical sale price by year: 2007 AED 797,882; 2008 AED 979,937; 2009 AED 1,800,000; 2010 AED 1,140,000; 2011 AED 1,017,621; 2012 AED 930,000; 2013 AED 2,575,000; 2014 AED 3,030,000; 2015 AED 2,337,100; 2016 AED 2,300,000; 2017 AED 2,350,000; 2018 AED 1,925,000; 2019 AED 1,700,000; 2020 AED 1,662,500; 2021 AED 2,100,000; 2022 AED 2,425,000; 2023 AED 2,900,000Sold by developer, September 2007: AED 729,632 (AED 289 per sqft)Sold, January 2008: AED 2,050,000 (AED 814 per sqft)Sold, October 2020: AED 1,520,000 (AED 603 per sqft)

TH058 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH058, each contractTypical four-bed in Al Reem 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 170,000; 2015 AED 172,500; 2016 AED 170,000; 2017 AED 151,762; 2018 AED 136,500; 2019 AED 125,000; 2020 AED 108,000; 2021 AED 115,000; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 180,956; 2025 AED 192,000; 2026 AED 200,000

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.

4-beds in Al Reem 2, and where TH058 sits

All 116 4-beds →

TH058 last sold in October 2020 at AED 603 per sqft, 11% below what four-beds in Al Reem 2 were fetching at the time (AED 676).

Recent 4-bed salesVilla no.Price (AED)Summary
8 Dec 20233,000,000
24 Aug 20233,000,000
10 Aug 20233,400,000
8 Jun 20232,700,000
0 4-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 →

TH058, Al Reem 2 in numbers

  • Sold 3 times: first on 3 September 2007 for AED 729,632, last on 15 October 2020 for AED 1,520,000 (AED 603 per sqft).

Source: Dubai Land Department. Updated 15 October 2020.

Questions about TH058, Al Reem 2

What did villa TH058 last sell for?

AED 1,520,000 on 15 October 2020: AED 603 per sqft for 2,518 sqft. The villa has 3 registered sales; the first was AED 729,632 in September 2007.

How big is villa TH058?

2,518 sqft (233.9 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH058 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 TH058, Al Reem 2

Starts from the last sale price (AED 1.52M, 15 October 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,520,000
Deposit, UAE resident (20%)
AED 304,000
Deposit, non-resident (40%)
AED 608,000
Monthly over 25 years at 3.7%
AED 6,219

Plus AED 68,850 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →