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2-bed · 1,724 sqftAl Reem 2, Arabian Ranches · completed 2007

TH123, Al Reem 2

Sold prices and rental history: sold 4 times, last in June 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH123 · DLD and Ejari recordsUpdated 11 June 2024
Last soldAED 2.45M11 June 2024
Current rentAED 70K /yr9 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH123, Al Reem 2

What is TH123 worth today?

Last sold for AED 2,450,000 in 2024

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11 Jun 2024SoldReady
AED 2,450,000AED 1,421 per sqft
9 Feb 2024RentedRenewal
AED 70,000/yr12 months · AED 41 per sqft
9 Feb 2023RentedNew contract
AED 77,000/yr12 months · AED 45 per sqft
11 Apr 2019SoldReady
AED 1,200,000AED 696 per sqft
28 Nov 2018RentedNew contract
AED 94,000/yr12 months · AED 55 per sqft
29 Sep 2017RentedRenewal
AED 123,338/yr12 months · AED 72 per sqft
29 Sep 2016RentedRenewal
AED 123,338/yr12 months · AED 72 per sqft
29 Sep 2015RentedRenewal
AED 123,338/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 11 June 2024.

Key facts

Type
2-bed villa
Size
1,724 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 2.45M · June 2024
Community
Al Reem 2

About TH123, Al Reem 2

TH123 is a two-bedroom villa of 1,724 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 11 June 2024 for AED 2,450,000, or AED 1,421 per sqft, in line with the AED 1,407 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 9 February 2024, is AED 70,000 a year: a gross yield of 2.9% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for TH123 over time

Sales
Villa TH123, each saleTypical two-bed in Al Reem 2
1M2M2007201220172022Typical sale price by year: 2007 AED 523,888; 2008 AED 1,800,000; 2010 AED 1,250,000; 2023 AED 2,430,000; 2024 AED 2,587,500Sold by developer, April 2008: AED 606,888 (AED 352 per sqft)Sold, August 2010: AED 1,250,000 (AED 725 per sqft)Sold, April 2019: AED 1,200,000 (AED 696 per sqft)Sold, June 2024: AED 2,450,000 (AED 1,421 per sqft)

TH123 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH123, each contractTypical two-bed in Al Reem 2
100K150K2012201620202024Typical rent by year: 2012 AED 95,000; 2013 AED 110,000; 2014 AED 143,000; 2015 AED 131,150; 2016 AED 145,000; 2017 AED 121,669; 2018 AED 112,500; 2019 AED 115,000; 2020 AED 78,000; 2021 AED 80,000; 2022 AED 95,450; 2023 AED 98,000New contract, September 2012: AED 95,000 a yearNew contract, September 2013: AED 99,750 a yearRenewal, September 2015: AED 123,338 a yearRenewal, September 2016: AED 123,338 a yearRenewal, September 2017: AED 123,338 a yearNew contract, November 2018: AED 94,000 a yearNew contract, February 2023: AED 77,000 a yearRenewal, February 2024: AED 70,000 a year

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

2-beds in Al Reem 2, and where TH123 sits

All 9 2-beds →

TH123 last sold in June 2024 at AED 1,421 per sqft, in line with what two-beds in Al Reem 2 were fetching at the time (AED 1,407). Over the last 12 months two-beds sold for AED 4,650,000, around AED 2,451 per sqft.

Recent 2-bed salesVilla no.Price (AED)Summary
3 Feb 20264,650,000
8 May 20253,075,000
22 Nov 20243,970,000
14 Nov 20242,850,000
1 2-bed sale 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 →

TH123, Al Reem 2 in numbers

  • Sold 4 times: first on 24 April 2008 for AED 606,888, last on 11 June 2024 for AED 2,450,000 (AED 1,421 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 95,000 to AED 70,000 a year.
  • At AED 70,000 a year the gross yield on the 2024 price is 2.9%, before a service charge of about AED 5,300 a year (AED 3.08 per sqft).
  • Two-beds in Al Reem 2 sold for AED 4,650,000–4,650,000 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 11 June 2024.

Questions about TH123, Al Reem 2

What did villa TH123 last sell for?

AED 2,450,000 on 11 June 2024: AED 1,421 per sqft for 1,724 sqft. The villa has 4 registered sales; the first was AED 606,888 in April 2008.

What is the rent for villa TH123?

AED 70,000 a year on the contract renewed on 9 February 2024. The previous contract, from February 2023, was AED 77,000; the villa has been rented since September 2012.

How big is villa TH123?

1,724 sqft (160.2 sqm): a two-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH123 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Al Reem 2 sold for AED 4,650,000 to 4,650,000 in the last 12 months, around AED 2,451 per sqft.

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Mortgage on TH123, Al Reem 2

Starts from the last sale price (AED 2.45M, 11 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,450,000
Deposit, UAE resident (20%)
AED 490,000
Deposit, non-resident (40%)
AED 980,000
Monthly over 25 years at 3.7%
AED 10,024

Plus AED 107,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →