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

TH153, Al Reem 2

Sold prices and rental history: sold 3 times, last in August 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH153 · DLD and Ejari recordsUpdated 9 August 2024
Last soldAED 2.35M9 August 2024
Current rentAED 105K /yr20 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH153, Al Reem 2

What is TH153 worth today?

Last sold for AED 2,350,000 in 2024

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9 Aug 2024SoldReady
AED 2,350,000AED 1,363 per sqft
20 Jul 2023RentedRenewal
AED 104,995/yr12 months · AED 61 per sqft
20 Jul 2022RentedNew contract
AED 95,450/yr12 months · AED 55 per sqft
20 Jul 2021RentedRenewal
AED 83,000/yr12 months · AED 48 per sqft
20 Jul 2020RentedNew contract
AED 78,000/yr12 months · AED 45 per sqft
13 Jan 2020RentedRenewal
AED 87,000/yr12 months · AED 50 per sqft
13 Jan 2019RentedNew contract
AED 95,000/yr12 months · AED 55 per sqft
1 Jul 2018RentedRenewal
AED 110,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 9 August 2024.

Key facts

Type
2-bed villa
Size
1,724 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 2.35M · August 2024
Community
Al Reem 2

About TH153, Al Reem 2

TH153 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 9 August 2024 for AED 2,350,000, or AED 1,363 per sqft, in line with the AED 1,385 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, renewed on 20 July 2023, is AED 104,995 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for TH153 over time

Sales
Villa TH153, 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, August 2007: AED 523,888 (AED 303 per sqft)Sold, October 2012: AED 1,600,000 (AED 928 per sqft)Sold, August 2024: AED 2,350,000 (AED 1,363 per sqft)

TH153 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH153, 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, November 2012: AED 105,000 a yearNew contract, November 2013: AED 110,000 a yearNew contract, November 2014: AED 143,000 a yearNew contract, September 2015: AED 130,000 a yearNew contract, July 2017: AED 110,000 a yearRenewal, July 2018: AED 110,000 a yearNew contract, January 2019: AED 95,000 a yearRenewal, January 2020: AED 87,000 a yearNew contract, July 2020: AED 78,000 a yearRenewal, July 2021: AED 83,000 a yearNew contract, July 2022: AED 95,450 a yearRenewal, July 2023: AED 104,995 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 TH153 sits

All 9 2-beds →

TH153 last sold in August 2024 at AED 1,363 per sqft, in line with what two-beds in Al Reem 2 were fetching at the time (AED 1,385). 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 →

TH153, Al Reem 2 in numbers

  • Sold 3 times: first on 27 August 2007 for AED 523,888, last on 9 August 2024 for AED 2,350,000 (AED 1,363 per sqft).
  • Rented since November 2012 on 12 Ejari contracts. The rent fell from AED 105,000 to AED 78,000 in 2020 and recovered to AED 104,995 by July 2023.
  • At AED 104,995 a year the gross yield on the 2024 price is 4.5%, 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 9 August 2024.

Questions about TH153, Al Reem 2

What did villa TH153 last sell for?

AED 2,350,000 on 9 August 2024: AED 1,363 per sqft for 1,724 sqft. The villa has 3 registered sales; the first was AED 523,888 in August 2007.

What is the rent for villa TH153?

AED 104,995 a year on the contract renewed on 20 July 2023. The previous contract, from July 2022, was AED 95,450; the villa has been rented since November 2012.

How big is villa TH153?

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

What is villa TH153 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 TH153, Al Reem 2

Starts from the last sale price (AED 2.35M, 9 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →