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4-bed · 2,552 sqftAl Reem 2, Arabian Ranches · completed 2007

TH060, Al Reem 2

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

Villa TH060 · DLD and Ejari recordsUpdated 7 October 2018
Last soldAED 1.7M23 July 2018
Current rentAED 130K /yr7 October 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH060, Al Reem 2

What is TH060 worth today?

Last sold for AED 1,700,000 in 2018

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7 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 51 per sqft
23 Jul 2018SoldReady
AED 1,700,000AED 666 per sqft
15 Jun 2017RentedNew contract
AED 138,000/yr12 months · AED 54 per sqft
18 Jun 2016RentedNew contract
AED 170,000/yr12 months · AED 67 per sqft
5 Jun 2015RentedRenewal
AED 165,000/yr12 months · AED 65 per sqft
5 Jun 2014RentedRenewal
AED 150,000/yr12 months · AED 59 per sqft
5 Jun 2013RentedNew contract
AED 150,000/yr12 months · AED 59 per sqft
8 Jan 2008Sold by developerReady
AED 364,816AED 142 per sqft

Source: Dubai Land Department. Updated 7 October 2018.

Key facts

Type
4-bed villa
Size
2,552 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,900 /yr
Last sold
AED 1.7M · July 2018
Community
Al Reem 2

About TH060, Al Reem 2

TH060 is a four-bedroom villa of 2,552 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 23 July 2018 for AED 1,700,000, or AED 666 per sqft, 26% below the AED 905 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 7 October 2018, is AED 130,000 a year: a gross yield of 7.6% on the 2018 price, before the service charge of about AED 7,900 a year.

Sales and rents for TH060 over time

Sales
Villa TH060, each saleTypical four-bed in Al Reem 2
02M2007201220172022Typical 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, January 2008: AED 364,816 (AED 142 per sqft)Sold, July 2018: AED 1,700,000 (AED 666 per sqft)

TH060 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH060, 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 200,000New contract, June 2013: AED 150,000 a yearRenewal, June 2014: AED 150,000 a yearRenewal, June 2015: AED 165,000 a yearNew contract, June 2016: AED 170,000 a yearNew contract, June 2017: AED 138,000 a yearNew contract, October 2018: AED 130,000 a year

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 TH060 sits

All 116 4-beds →

TH060 last sold in July 2018 at AED 666 per sqft, 26% below what four-beds in Al Reem 2 were fetching at the time (AED 905). TH060's AED 130,000 is at the bottom of that range.

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 →

TH060, Al Reem 2 in numbers

  • Sold twice: first on 8 January 2008 for AED 364,816, last on 23 July 2018 for AED 1,700,000 (AED 666 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 150,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2018 price is 7.6%, before a service charge of about AED 7,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 7 October 2018.

Questions about TH060, Al Reem 2

What did villa TH060 last sell for?

AED 1,700,000 on 23 July 2018: AED 666 per sqft for 2,552 sqft. The villa has 2 registered sales; the first was AED 364,816 in January 2008.

What is the rent for villa TH060?

AED 130,000 a year on the contract signed on 7 October 2018. The previous contract, from June 2017, was AED 138,000; the villa has been rented since June 2013.

How big is villa TH060?

2,552 sqft (237.1 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH060 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 TH060, Al Reem 2

Starts from the last sale price (AED 1.7M, 23 July 2018). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →