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

TH114, Al Reem 2

Sold prices and rental history: sold once, by the developer in September 2007, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH114 · DLD and Ejari recordsUpdated 1 March 2022
Last soldAED 882K5 September 2007
Current rentAED 138K /yr1 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH114, Al Reem 2

What is TH114 worth today?

Last sold for AED 881,877 in 2007

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1 Mar 2022RentedRenewal
AED 137,500/yr12 months · AED 55 per sqft
1 Mar 2021RentedRenewal
AED 125,000/yr12 months · AED 50 per sqft
1 Mar 2017RentedNew contract
AED 145,000/yr12 months · AED 58 per sqft
14 Jun 2015RentedNew contract
AED 174,570/yr12 months · AED 69 per sqft
14 Jun 2013RentedNew contract
AED 138,000/yr12 months · AED 55 per sqft
5 Sep 2007Sold by developerReady
AED 881,877AED 350 per sqft

Source: Dubai Land Department. Updated 1 March 2022.

Key facts

Type
4-bed villa
Size
2,518 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,800 /yr
Last sold
AED 882K · September 2007
Community
Al Reem 2

About TH114, Al Reem 2

TH114 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 5 September 2007 for AED 881,877, or AED 350 per sqft, 12% above the AED 313 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 1 March 2022, is AED 137,500 a year: a gross yield of 15.6% on the 2007 price, before the service charge of about AED 7,800 a year.

Sales and rents for TH114 over time

Sales
Villa TH114, 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 881,877 (AED 350 per sqft)

TH114 has sold once; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH114, 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 138,000 a yearNew contract, June 2015: AED 174,570 a yearNew contract, March 2017: AED 145,000 a yearRenewal, March 2021: AED 125,000 a yearRenewal, March 2022: AED 137,500 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 TH114 sits

All 116 4-beds →

TH114 last sold in September 2007 at AED 350 per sqft, 12% above what four-beds in Al Reem 2 were fetching at the time (AED 313). TH114's AED 137,500 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 →

TH114, Al Reem 2 in numbers

  • Sold once: by Emaar on 5 September 2007 for AED 881,877, or AED 350 per sqft.
  • Rented since June 2013 on 5 Ejari contracts, from AED 138,000 to AED 137,500 a year.
  • At AED 137,500 a year the gross yield on the 2007 price is 15.6%, before a service charge of about AED 7,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 March 2022.

Questions about TH114, Al Reem 2

What did villa TH114 last sell for?

AED 881,877 on 5 September 2007, sold by the developer: AED 350 per sqft for 2,518 sqft. It is the only registered sale of the villa.

What is the rent for villa TH114?

AED 137,500 a year on the contract renewed on 1 March 2022. The previous contract, from March 2021, was AED 125,000; the villa has been rented since June 2013.

How big is villa TH114?

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

What is villa TH114 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 TH114, Al Reem 2

Starts from the last sale price (AED 882K, 5 September 2007). Switch to today's estimate once you have unlocked it.
Price
AED 881,877
Deposit, UAE resident (20%)
AED 176,375
Deposit, non-resident (40%)
AED 352,751
Monthly over 25 years at 3.7%
AED 3,608

Plus AED 42,049 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →