3-bed · 1,716 sqftAl Reem 2, Arabian Ranches · completed 2007

TH120, Al Reem 2

Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH120 · DLD and Ejari recordsUpdated 1 February 2024
Last soldAED 1.2M30 May 2019
Current rentAED 133K /yr1 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH120, Al Reem 2

What is TH120 worth today?

Last sold for AED 1,200,000 in 2019

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1 Feb 2024RentedNew contract
AED 133,000/yr12 months · AED 77 per sqft
10 Oct 2022RentedRenewal
AED 97,500/yr12 months · AED 57 per sqft
30 May 2019SoldReady
AED 1,200,000AED 699 per sqft
10 Oct 2018RentedNew contract
AED 100,000/yr12 months · AED 58 per sqft
23 Jun 2017RentedNew contract
AED 110,000/yr12 months · AED 64 per sqft
20 Dec 2016RentedNew contract
AED 120,000/yr12 months · AED 70 per sqft
14 Aug 2015RentedNew contract
AED 140,000/yr12 months · AED 82 per sqft
20 Oct 2008Sold by developerReady
AED 1,180,000AED 687 per sqft

Source: Dubai Land Department. Updated 1 February 2024.

Key facts

Type
3-bed villa
Size
1,716 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 1.2M · May 2019
Community
Al Reem 2

About TH120, Al Reem 2

TH120 is a three-bedroom villa of 1,716 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 30 May 2019 for AED 1,200,000, or AED 699 per sqft, 5% below the AED 739 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, signed on 1 February 2024, is AED 133,000 a year: a gross yield of 11.1% on the 2019 price, before the service charge of about AED 5,300 a year.

Sales and rents for TH120 over time

Sales
Villa TH120, each saleTypical three-bed in Al Reem 2
2M4M2007201220172022Typical sale price by year: 2007 AED 778,891; 2008 AED 1,132,369; 2009 AED 968,888; 2010 AED 1,537,500; 2011 AED 900,000; 2012 AED 1,660,000; 2013 AED 2,147,500; 2014 AED 3,200,000; 2015 AED 2,550,000; 2016 AED 2,250,000; 2017 AED 2,250,000; 2018 AED 1,750,000; 2019 AED 1,250,000; 2020 AED 1,350,000; 2021 AED 2,052,500; 2022 AED 3,000,000; 2023 AED 3,275,000; 2024 AED 3,775,000; 2025 AED 4,850,000Sold by developer, October 2008: AED 1,180,000 (AED 687 per sqft)Sold, May 2019: AED 1,200,000 (AED 699 per sqft)

TH120 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH120, each contractTypical three-bed in Al Reem 2
100K150K2012201620202024Typical rent by year: 2012 AED 128,500; 2013 AED 125,750; 2014 AED 152,000; 2015 AED 168,750; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 106,000; 2021 AED 99,724; 2022 AED 120,000; 2023 AED 139,150; 2024 AED 160,011; 2025 AED 168,000; 2026 AED 180,750New contract, August 2015: AED 140,000 a yearNew contract, December 2016: AED 120,000 a yearNew contract, June 2017: AED 110,000 a yearNew contract, October 2018: AED 100,000 a yearRenewal, October 2022: AED 97,500 a yearNew contract, February 2024: AED 133,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Al Reem 2, and where TH120 sits

All 95 3-beds →

TH120 last sold in May 2019 at AED 699 per sqft, 5% below what three-beds in Al Reem 2 were fetching at the time (AED 739). Over the last 12 months three-beds sold for AED 5,450,000 to 6,200,000, around AED 2,138 per sqft, and rent for AED 121,000 to 300,000 a year. TH120's AED 133,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Dec 20256,200,000
11 Dec 20256,100,000
10 Dec 20255,500,000
9 Dec 20255,450,000
4 3-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 →

TH120, Al Reem 2 in numbers

  • Sold twice: first on 20 October 2008 for AED 1,180,000, last on 30 May 2019 for AED 1,200,000 (AED 699 per sqft).
  • Rented since August 2015 on 6 Ejari contracts. The rent fell from AED 140,000 to AED 97,500 in 2022 and recovered to AED 133,000 by February 2024.
  • At AED 133,000 a year the gross yield on the 2019 price is 11.1%, before a service charge of about AED 5,300 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 2 sold for AED 5,450,000–6,200,000 in the 12 months to November 2026; the community's median across all types is AED 2,257 per sqft.

Source: Dubai Land Department. Updated 1 February 2024.

Questions about TH120, Al Reem 2

What did villa TH120 last sell for?

AED 1,200,000 on 30 May 2019: AED 699 per sqft for 1,716 sqft. The villa has 2 registered sales; the first was AED 1,180,000 in October 2008.

What is the rent for villa TH120?

AED 133,000 a year on the contract signed on 1 February 2024. The previous contract, from October 2022, was AED 97,500; the villa has been rented since August 2015.

How big is villa TH120?

1,716 sqft (159.4 sqm): a three-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH120 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 2 sold for AED 5,450,000 to 6,200,000 in the last 12 months, around AED 2,138 per sqft.

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Mortgage on TH120, Al Reem 2

Starts from the last sale price (AED 1.2M, 30 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →