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

TH148, Al Reem 2

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

Villa TH148 · DLD and Ejari recordsUpdated 21 October 2024
Last soldAED 3.4M21 October 2024
Current rentAED 101K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH148, Al Reem 2

What is TH148 worth today?

Last sold for AED 3,400,000 in 2024

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21 Oct 2024SoldReady
AED 3,400,000AED 1,973 per sqft
23 Apr 2024SoldReady
AED 2,425,000AED 1,407 per sqft
1 Feb 2023RentedRenewal
AED 101,200/yr12 months · AED 59 per sqft
1 Feb 2022RentedNew contract
AED 92,000/yr12 months · AED 53 per sqft
27 May 2021SoldReady
AED 1,300,000AED 754 per sqft
1 Feb 2021RentedRenewal
AED 80,000/yr12 months · AED 46 per sqft
1 Feb 2020RentedRenewal
AED 90,000/yr12 months · AED 52 per sqft
1 Feb 2019RentedRenewal
AED 115,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 21 October 2024.

Key facts

Type
2-bed villa
Size
1,723 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 3.4M · October 2024
Community
Al Reem 2

About TH148, Al Reem 2

TH148 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 21 October 2024 for AED 3,400,000, or AED 1,973 per sqft, 40% above the AED 1,414 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 1 February 2023, is AED 101,200 a year: a gross yield of 3.0% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for TH148 over time

Sales
Villa TH148, 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 2011: AED 523,888 (AED 304 per sqft)Sold, May 2021: AED 1,300,000 (AED 754 per sqft)Sold, April 2024: AED 2,425,000 (AED 1,407 per sqft)Sold, October 2024: AED 3,400,000 (AED 1,973 per sqft)

TH148 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH148, 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 2012: AED 85,000 a yearNew contract, October 2014: AED 110,000 a yearNew contract, January 2017: AED 120,000 a yearNew contract, February 2018: AED 115,000 a yearRenewal, February 2019: AED 115,000 a yearRenewal, February 2020: AED 90,000 a yearRenewal, February 2021: AED 80,000 a yearNew contract, February 2022: AED 92,000 a yearRenewal, February 2023: AED 101,200 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 TH148 sits

All 9 2-beds →

TH148 last sold in October 2024 at AED 1,973 per sqft, 40% 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
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 →

TH148, Al Reem 2 in numbers

  • Sold 4 times: first on 4 July 2011 for AED 523,888, last on 21 October 2024 for AED 3,400,000 (AED 1,973 per sqft).
  • Rented since October 2012 on 9 Ejari contracts, from AED 85,000 to AED 101,200 a year.
  • At AED 101,200 a year the gross yield on the 2024 price is 3.0%, 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 21 October 2024.

Questions about TH148, Al Reem 2

What did villa TH148 last sell for?

AED 3,400,000 on 21 October 2024: AED 1,973 per sqft for 1,723 sqft. The villa has 4 registered sales; the first was AED 523,888 in July 2011.

What is the rent for villa TH148?

AED 101,200 a year on the contract renewed on 1 February 2023. The previous contract, from February 2022, was AED 92,000; the villa has been rented since October 2012.

How big is villa TH148?

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

What is villa TH148 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 TH148, Al Reem 2

Starts from the last sale price (AED 3.4M, 21 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,400,000
Deposit, UAE resident (20%)
AED 680,000
Deposit, non-resident (40%)
AED 1,360,000
Monthly over 25 years at 3.7%
AED 13,910

Plus AED 147,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →