Home
Dubai prices
About
Research
3-bed · 1,903 sqftAl Reem 2, Arabian Ranches · completed 2007

TH156, Al Reem 2

Sold prices and rental history: sold 3 times, last in March 2018, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH156 · DLD and Ejari recordsUpdated 15 March 2018
Last soldAED 775K15 March 2018
Current rentAED 130K /yr11 August 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH156

Property timeline for TH156, Al Reem 2

What is TH156 worth today?

Last sold for AED 775,000 in 2018

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

15 Mar 2018SoldReady
AED 775,000AED 407 per sqft
11 Aug 2017RentedNew contract
AED 130,000/yr12 months · AED 68 per sqft
11 Aug 2014RentedNew contract
AED 145,000/yr12 months · AED 76 per sqft
1 Apr 2013RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
27 Feb 2013SoldReady
AED 1,650,000AED 867 per sqft
1 Jul 2010Sold by developerReady
AED 595,888AED 313 per sqft

Source: Dubai Land Department. Updated 15 March 2018.

Key facts

Type
3-bed villa
Size
1,903 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,900 /yr
Last sold
AED 775K · March 2018
Community
Al Reem 2

About TH156, Al Reem 2

TH156 is a three-bedroom villa of 1,903 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 15 March 2018 for AED 775,000, or AED 407 per sqft, 54% below the AED 888 three-beds in the community were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 11 August 2017, is AED 130,000 a year: a gross yield of 16.8% on the 2018 price, before the service charge of about AED 5,900 a year.

Sales and rents for TH156 over time

Sales
Villa TH156, each saleTypical three-bed in Al Reem 2
02M4M2007201220172022Typical sale price by year: 2007 AED 778,891; 2008 AED 1,132,369; 2009 AED 968,888; 2010 AED 1,537,500; 2011 AED 900,000; 2012 AED 1,660,000; 2013 AED 2,147,500; 2014 AED 3,200,000; 2015 AED 2,550,000; 2016 AED 2,250,000; 2017 AED 2,250,000; 2018 AED 1,750,000; 2019 AED 1,250,000; 2020 AED 1,350,000; 2021 AED 2,052,500; 2022 AED 3,000,000; 2023 AED 3,275,000; 2024 AED 3,775,000; 2025 AED 4,850,000Sold by developer, July 2010: AED 595,888 (AED 313 per sqft)Sold, February 2013: AED 1,650,000 (AED 867 per sqft)Sold, March 2018: AED 775,000 (AED 407 per sqft)

TH156 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH156, each contractTypical three-bed in Al Reem 2
100K150K2012201620202024Typical rent by year: 2012 AED 128,500; 2013 AED 125,750; 2014 AED 152,000; 2015 AED 168,750; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 106,000; 2021 AED 99,724; 2022 AED 120,000; 2023 AED 139,150; 2024 AED 160,011; 2025 AED 168,000; 2026 AED 180,750New contract, April 2013: AED 120,000 a yearNew contract, August 2014: AED 145,000 a yearNew contract, August 2017: AED 130,000 a year

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

3-beds in Al Reem 2, and where TH156 sits

All 95 3-beds →

TH156 last sold in March 2018 at AED 407 per sqft, 54% below what three-beds in Al Reem 2 were fetching at the time (AED 888). Over the last 12 months three-beds sold for AED 5,450,000 to 6,200,000, around AED 2,138 per sqft, and rent for AED 121,000 to 300,000 a year. TH156's AED 130,000 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Dec 20256,200,000
11 Dec 20256,100,000
10 Dec 20255,500,000
9 Dec 20255,450,000
4 3-bed sales 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 →

TH156, Al Reem 2 in numbers

  • Sold 3 times: first on 1 July 2010 for AED 595,888, last on 15 March 2018 for AED 775,000 (AED 407 per sqft).
  • Rented since April 2013 on 3 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2018 price is 16.8%, before a service charge of about AED 5,900 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 2 sold for AED 5,450,000–6,200,000 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 15 March 2018.

Questions about TH156, Al Reem 2

What did villa TH156 last sell for?

AED 775,000 on 15 March 2018: AED 407 per sqft for 1,903 sqft. The villa has 3 registered sales; the first was AED 595,888 in July 2010.

What is the rent for villa TH156?

AED 130,000 a year on the contract signed on 11 August 2017. The previous contract, from August 2014, was AED 145,000; the villa has been rented since April 2013.

How big is villa TH156?

1,903 sqft (176.8 sqm): a three-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH156 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 2 sold for AED 5,450,000 to 6,200,000 in the last 12 months, around AED 2,138 per sqft.

Selling TH156? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH156, Al Reem 2

Starts from the last sale price (AED 775K, 15 March 2018). Switch to today's estimate once you have unlocked it.
Price
AED 775,000
Deposit, UAE resident (20%)
AED 155,000
Deposit, non-resident (40%)
AED 310,000
Monthly over 25 years at 3.7%
AED 3,171

Plus AED 37,560 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →