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

TH064, Al Reem 2

Sold prices and rental history: sold once, by the developer in May 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH064 · DLD and Ejari recordsUpdated 13 July 2020
Last soldAED 730K11 May 2008
Current rentAED 110K /yr13 July 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH064, Al Reem 2

What is TH064 worth today?

Last sold for AED 729,632 in 2008

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13 Jul 2020RentedRenewal
AED 110,000/yr12 months · AED 44 per sqft
13 Jul 2018RentedNew contract
AED 135,000/yr12 months · AED 54 per sqft
10 Oct 2016RentedRenewal
AED 170,000/yr12 months · AED 68 per sqft
10 Oct 2015RentedRenewal
AED 170,000/yr12 months · AED 68 per sqft
10 Oct 2014RentedNew contract
AED 180,000/yr12 months · AED 71 per sqft
13 Feb 2013RentedNew contract
AED 138,000/yr12 months · AED 55 per sqft
28 Aug 2012RentedNew contract
AED 105,000/yr12 months · AED 42 per sqft
11 May 2008Sold by developerReady
AED 729,632AED 289 per sqft

Source: Dubai Land Department. Updated 13 July 2020.

Key facts

Type
4-bed villa
Size
2,518 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 730K · May 2008
Community
Al Reem 2

About TH064, Al Reem 2

TH064 is a four-bedroom villa of 2,518 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 11 May 2008 for AED 729,632, or AED 289 per sqft, 17% below the AED 350 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 13 July 2020, is AED 110,000 a year: a gross yield of 15.1% on the 2008 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH064 over time

Sales
Villa TH064, 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, May 2008: AED 729,632 (AED 289 per sqft)

TH064 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH064, 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, August 2012: AED 105,000 a yearNew contract, February 2013: AED 138,000 a yearNew contract, October 2014: AED 180,000 a yearRenewal, October 2015: AED 170,000 a yearRenewal, October 2016: AED 170,000 a yearNew contract, July 2018: AED 135,000 a yearRenewal, July 2020: AED 110,000 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 TH064 sits

All 116 4-beds →

TH064 last sold in May 2008 at AED 289 per sqft, 17% below what four-beds in Al Reem 2 were fetching at the time (AED 350). TH064's AED 110,000 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 →

TH064, Al Reem 2 in numbers

  • Sold once: by Emaar on 11 May 2008 for AED 729,632, or AED 289 per sqft.
  • Rented since August 2012 on 7 Ejari contracts, from AED 105,000 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2008 price is 15.1%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 13 July 2020.

Questions about TH064, Al Reem 2

What did villa TH064 last sell for?

AED 729,632 on 11 May 2008, sold by the developer: AED 289 per sqft for 2,518 sqft. It is the only registered sale of the villa.

What is the rent for villa TH064?

AED 110,000 a year on the contract renewed on 13 July 2020. The previous contract, from July 2018, was AED 135,000; the villa has been rented since August 2012.

How big is villa TH064?

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

What is villa TH064 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 TH064, Al Reem 2

Starts from the last sale price (AED 730K, 11 May 2008). Switch to today's estimate once you have unlocked it.
Price
AED 729,632
Deposit, UAE resident (20%)
AED 145,926
Deposit, non-resident (40%)
AED 291,853
Monthly over 25 years at 3.7%
AED 2,985

Plus AED 35,654 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →