TH083, Al Reem 2
Sold prices and rental history: sold twice, last in March 2017, and rented once, from April 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH083, Al Reem 2
What is TH083 worth today?
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Source: Dubai Land Department. Updated 6 March 2017.
Key facts
- Type
- 4-bed villa
- Size
- 2,541 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 7,800 /yr
- Last sold
- AED 2.3M · March 2017
- Community
- Al Reem 2
About TH083, Al Reem 2
TH083 is a four-bedroom villa of 2,541 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 6 March 2017 for AED 2,300,000, or AED 905 per sqft, 6% below the AED 964 four-beds in the community were fetching at the time.
One Ejari contract is registered, from 28 April 2014. The current contract, signed on 28 April 2014, is AED 175,000 a year: a gross yield of 7.6% on the 2017 price, before the service charge of about AED 7,800 a year.
Sales and rents for TH083 over time
TH083 has sold twice; the dashed line is the four-bed median of each year in the community.
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 TH083 sits
All 116 4-beds →TH083 last sold in March 2017 at AED 905 per sqft, 6% below what four-beds in Al Reem 2 were fetching at the time (AED 964). TH083's AED 175,000 is in the lower half of that range.
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Dec 20238 December 2023 | 2,514 sqft | 3,000,000 | 1,193 | ||
| 24 Aug 202324 August 2023 | 2,518 sqft | 3,000,000 | 1,191 | ||
| 10 Aug 202310 August 2023 | 2,411 sqft | 3,400,000 | 1,410 | ||
| 8 Jun 20238 June 2023 | 2,411 sqft | 2,700,000 | 1,119 |
Al Reem 2
Community337 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%
TH083, Al Reem 2 in numbers
- Sold twice: first on 23 August 2007 for AED 797,882, last on 6 March 2017 for AED 2,300,000 (AED 905 per sqft).
- Rented since April 2014 on one Ejari contract, at AED 175,000 a year.
- At AED 175,000 a year the gross yield on the 2017 price is 7.6%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 6 March 2017.
Questions about TH083, Al Reem 2
What did villa TH083 last sell for?
AED 2,300,000 on 6 March 2017: AED 905 per sqft for 2,541 sqft. The villa has 2 registered sales; the first was AED 797,882 in August 2007.
What is the rent for villa TH083?
AED 175,000 a year on the contract signed on 28 April 2014.
How big is villa TH083?
2,541 sqft (236.1 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.
What is villa TH083 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 TH083, Al Reem 2
Starts from the last sale price (AED 2.3M, 6 March 2017). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →