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2-bed · 1,723 sqftAl Reem 2, Arabian Ranches · completed 2007

TH128, Al Reem 2

Sold prices and rental history: sold 3 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH128 · DLD and Ejari recordsUpdated 14 November 2024
Last soldAED 2.85M14 November 2024
Current rentAED 98K /yr10 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH128, Al Reem 2

What is TH128 worth today?

Last sold for AED 2,850,000 in 2024

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14 Nov 2024SoldReady
AED 2,850,000AED 1,654 per sqft
10 Jun 2023RentedRenewal
AED 98,000/yr12 months · AED 57 per sqft
10 Jun 2021RentedRenewal
AED 73,000/yr12 months · AED 42 per sqft
10 Jun 2020RentedNew contract
AED 73,000/yr12 months · AED 42 per sqft
18 Oct 2016RentedRenewal
AED 150,000/yr24 months · AED 87 per sqft
18 Oct 2014RentedNew contract
AED 150,000/yr24 months · AED 87 per sqft
9 Oct 2013RentedNew contract
AED 110,000/yr12 months · AED 64 per sqft
14 Jul 2009Sold by developerReady
AED 606,888AED 352 per sqft

Source: Dubai Land Department. Updated 14 November 2024.

Key facts

Type
2-bed villa
Size
1,723 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 2.85M · November 2024
Community
Al Reem 2

About TH128, Al Reem 2

TH128 is a two-bedroom villa of 1,723 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 14 November 2024 for AED 2,850,000, or AED 1,654 per sqft, 17% above the AED 1,414 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 10 June 2023, is AED 98,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for TH128 over time

Sales
Villa TH128, each saleTypical two-bed in Al Reem 2
2M2007201220172022Typical 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, July 2009: AED 606,888 (AED 352 per sqft)Sold, July 2009: AED 1,224,000 (AED 710 per sqft)Sold, November 2024: AED 2,850,000 (AED 1,654 per sqft)

TH128 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH128, each contractTypical two-bed in Al Reem 2
100K150K20122015201820212024Typical 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, October 2013: AED 110,000 a yearNew contract, October 2014: AED 150,000 a yearRenewal, October 2016: AED 150,000 a yearNew contract, June 2020: AED 73,000 a yearRenewal, June 2021: AED 73,000 a yearRenewal, June 2023: AED 98,000 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 TH128 sits

All 9 2-beds →

TH128 last sold in November 2024 at AED 1,654 per sqft, 17% above what two-beds in Al Reem 2 were fetching at the time (AED 1,414). 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
21 Oct 20243,400,000
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 →

TH128, Al Reem 2 in numbers

  • Sold 3 times: first on 14 July 2009 for AED 1,224,000, last on 14 November 2024 for AED 2,850,000 (AED 1,654 per sqft).
  • Rented since October 2013 on 6 Ejari contracts. The rent fell from AED 110,000 to AED 73,000 in 2021 and recovered to AED 98,000 by June 2023.
  • At AED 98,000 a year the gross yield on the 2024 price is 3.4%, 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 14 November 2024.

Questions about TH128, Al Reem 2

What did villa TH128 last sell for?

AED 2,850,000 on 14 November 2024: AED 1,654 per sqft for 1,723 sqft. The villa has 3 registered sales; the first was AED 1,224,000 in July 2009.

What is the rent for villa TH128?

AED 98,000 a year on the contract renewed on 10 June 2023. The previous contract, from June 2021, was AED 73,000; the villa has been rented since October 2013.

How big is villa TH128?

1,723 sqft (160.1 sqm): a two-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH128 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 TH128, Al Reem 2

Starts from the last sale price (AED 2.85M, 14 November 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →