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

TH088, Al Reem 2

Sold prices and rental history: sold 3 times, last in September 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH088 · DLD and Ejari recordsUpdated 1 June 2021
Last soldAED 1.46M27 September 2020
Current rentAED 112K /yr1 June 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH088, Al Reem 2

What is TH088 worth today?

Last sold for AED 1,460,000 in 2020

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1 Jun 2021RentedRenewal
AED 112,000/yr12 months · AED 44 per sqft
27 Sep 2020SoldReady
AED 1,460,000AED 572 per sqft
1 Jun 2020RentedNew contract
AED 95,000/yr12 months · AED 37 per sqft
22 Feb 2019RentedNew contract
AED 135,000/yr12 months · AED 53 per sqft
22 Feb 2018RentedRenewal
AED 145,000/yr12 months · AED 57 per sqft
22 Feb 2017RentedNew contract
AED 140,000/yr12 months · AED 55 per sqft
5 Jul 2015RentedRenewal
AED 160,000/yr12 months · AED 63 per sqft
5 Jul 2014RentedNew contract
AED 156,000/yr12 months · AED 61 per sqft

Source: Dubai Land Department. Updated 1 June 2021.

Key facts

Type
4-bed villa
Size
2,552 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,900 /yr
Last sold
AED 1.46M · September 2020
Community
Al Reem 2

About TH088, Al Reem 2

TH088 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 27 September 2020 for AED 1,460,000, or AED 572 per sqft, 15% below the AED 676 four-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 June 2021, is AED 112,000 a year: a gross yield of 7.7% on the 2020 price, before the service charge of about AED 7,900 a year.

Sales and rents for TH088 over time

Sales
Villa TH088, 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, October 2008: AED 729,632 (AED 285 per sqft)Sold, September 2010: AED 730,000 (AED 286 per sqft)Sold, September 2020: AED 1,460,000 (AED 572 per sqft)

TH088 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH088, 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, July 2012: AED 130,000 a yearNew contract, July 2013: AED 136,500 a yearNew contract, July 2014: AED 156,000 a yearRenewal, July 2015: AED 160,000 a yearNew contract, February 2017: AED 140,000 a yearRenewal, February 2018: AED 145,000 a yearNew contract, February 2019: AED 135,000 a yearNew contract, June 2020: AED 95,000 a yearRenewal, June 2021: AED 112,000 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 TH088 sits

All 116 4-beds →

TH088 last sold in September 2020 at AED 572 per sqft, 15% below what four-beds in Al Reem 2 were fetching at the time (AED 676). TH088's AED 112,000 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 →

TH088, Al Reem 2 in numbers

  • Sold 3 times: first on 29 October 2008 for AED 729,632, last on 27 September 2020 for AED 1,460,000 (AED 572 per sqft).
  • Rented since July 2012 on 9 Ejari contracts. The rent fell from AED 130,000 to AED 95,000 in 2020 and recovered to AED 112,000 by June 2021.
  • At AED 112,000 a year the gross yield on the 2020 price is 7.7%, before a service charge of about AED 7,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 June 2021.

Questions about TH088, Al Reem 2

What did villa TH088 last sell for?

AED 1,460,000 on 27 September 2020: AED 572 per sqft for 2,552 sqft. The villa has 3 registered sales; the first was AED 729,632 in October 2008.

What is the rent for villa TH088?

AED 112,000 a year on the contract renewed on 1 June 2021. The previous contract, from June 2020, was AED 95,000; the villa has been rented since July 2012.

How big is villa TH088?

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

What is villa TH088 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 TH088, Al Reem 2

Starts from the last sale price (AED 1.46M, 27 September 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,460,000
Deposit, UAE resident (20%)
AED 292,000
Deposit, non-resident (40%)
AED 584,000
Monthly over 25 years at 3.7%
AED 5,973

Plus AED 66,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →