2-bed · 1,894 sqftAl Reem 2, Arabian Ranches · completed 2007

TH141, Al Reem 2

Sold prices and rental history: sold 4 times, last in November 2023, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH141 · DLD and Ejari recordsUpdated 22 November 2023
Last soldAED 2.43M22 November 2023
Current rentAED 80K /yr1 September 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH141, Al Reem 2

What is TH141 worth today?

Last sold for AED 2,430,000 in 2023

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22 Nov 2023SoldReady
AED 2,430,000AED 1,283 per sqft
1 Sep 2023RentedRenewal
AED 80,000/yr12 months · AED 42 per sqft
1 Sep 2021RentedRenewal
AED 60,000/yr12 months · AED 32 per sqft
29 Jul 2020RentedNew contract
AED 54,975/yr13 months · AED 29 per sqft
18 Jan 2017SoldReady
AED 1,950,000AED 1,029 per sqft
18 Sep 2013SoldReady
AED 2,000,000AED 1,056 per sqft
27 Nov 2007Sold by developerReady
AED 1,720,000AED 908 per sqft

Source: Dubai Land Department. Updated 22 November 2023.

Key facts

Type
2-bed villa
Size
1,894 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,800 /yr
Last sold
AED 2.43M · November 2023
Community
Al Reem 2

About TH141, Al Reem 2

TH141 is a two-bedroom villa of 1,894 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 22 November 2023 for AED 2,430,000, or AED 1,283 per sqft, in line with the AED 1,283 two-beds in the community were fetching at the time.

It has been rented since 2020 on 3 Ejari contracts. The current contract, renewed on 1 September 2023, is AED 80,000 a year: a gross yield of 3.3% on the 2023 price, before the service charge of about AED 5,800 a year.

Sales and rents for TH141 over time

Sales
Villa TH141, 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, November 2007: AED 1,720,000 (AED 908 per sqft)Sold, September 2013: AED 2,000,000 (AED 1,056 per sqft)Sold, January 2017: AED 1,950,000 (AED 1,029 per sqft)Sold, November 2023: AED 2,430,000 (AED 1,283 per sqft)

TH141 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH141, each contractTypical two-bed in Al Reem 2
50K100K150K2012201620202024Typical 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, July 2020: AED 54,975 a yearRenewal, September 2021: AED 60,000 a yearRenewal, September 2023: AED 80,000 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 TH141 sits

All 9 2-beds →

TH141 last sold in November 2023 at AED 1,283 per sqft, in line with what two-beds in Al Reem 2 were fetching at the time (AED 1,283). 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 →

TH141, Al Reem 2 in numbers

  • Sold 4 times: first on 27 November 2007 for AED 1,720,000, last on 22 November 2023 for AED 2,430,000 (AED 1,283 per sqft).
  • Rented since July 2020 on 3 Ejari contracts, from AED 54,975 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2023 price is 3.3%, before a service charge of about AED 5,800 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 22 November 2023.

Questions about TH141, Al Reem 2

What did villa TH141 last sell for?

AED 2,430,000 on 22 November 2023: AED 1,283 per sqft for 1,894 sqft. The villa has 4 registered sales; the first was AED 1,720,000 in November 2007.

What is the rent for villa TH141?

AED 80,000 a year on the contract renewed on 1 September 2023. The previous contract, from September 2021, was AED 60,000; the villa has been rented since July 2020.

How big is villa TH141?

1,894 sqft (176.0 sqm): a two-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH141 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 TH141, Al Reem 2

Starts from the last sale price (AED 2.43M, 22 November 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,430,000
Deposit, UAE resident (20%)
AED 486,000
Deposit, non-resident (40%)
AED 972,000
Monthly over 25 years at 3.7%
AED 9,942

Plus AED 107,070 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →