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4-bed · 2,418 sqftAl Reem 2, Arabian Ranches · completed 2007

TH118, Al Reem 2

Sold prices and rental history: sold twice, last in March 2013, and rented once, from May 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH118 · DLD and Ejari recordsUpdated 22 May 2014
Last soldAED 2.33M13 March 2013
Current rentAED 160K /yr22 May 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH118, Al Reem 2

What is TH118 worth today?

Last sold for AED 2,325,000 in 2013

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22 May 2014RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft
13 Mar 2013SoldReady
AED 2,325,000AED 961 per sqft
23 Oct 2008Sold by developerReady
AED 2,216,250AED 916 per sqft

Source: Dubai Land Department. Updated 22 May 2014.

Key facts

Type
4-bed villa
Size
2,418 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 2.33M · March 2013
Community
Al Reem 2

About TH118, Al Reem 2

TH118 is a four-bedroom villa of 2,418 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 13 March 2013 for AED 2,325,000, or AED 961 per sqft, 39% above the AED 692 four-beds in the community were fetching at the time.

One Ejari contract is registered, from 22 May 2014. The current contract, signed on 22 May 2014, is AED 160,000 a year: a gross yield of 6.9% on the 2013 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH118 over time

Sales
Villa TH118, 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 2,216,250 (AED 916 per sqft)Sold, March 2013: AED 2,325,000 (AED 961 per sqft)

TH118 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH118, 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, May 2014: AED 160,000 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 TH118 sits

All 116 4-beds →

TH118 last sold in March 2013 at AED 961 per sqft, 39% above what four-beds in Al Reem 2 were fetching at the time (AED 692). TH118's AED 160,000 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 →

TH118, Al Reem 2 in numbers

  • Sold twice: first on 23 October 2008 for AED 2,216,250, last on 13 March 2013 for AED 2,325,000 (AED 961 per sqft).
  • Rented since May 2014 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2013 price is 6.9%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 22 May 2014.

Questions about TH118, Al Reem 2

What did villa TH118 last sell for?

AED 2,325,000 on 13 March 2013: AED 961 per sqft for 2,418 sqft. The villa has 2 registered sales; the first was AED 2,216,250 in October 2008.

What is the rent for villa TH118?

AED 160,000 a year on the contract signed on 22 May 2014.

How big is villa TH118?

2,418 sqft (224.6 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH118 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 TH118, Al Reem 2

Starts from the last sale price (AED 2.33M, 13 March 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,325,000
Deposit, UAE resident (20%)
AED 465,000
Deposit, non-resident (40%)
AED 930,000
Monthly over 25 years at 3.7%
AED 9,512

Plus AED 102,660 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →