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

TH161, Al Reem 2

Sold prices and rental history: sold 5 times, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH161 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 2.73M17 October 2024
Current rentAED 130K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH161, Al Reem 2

What is TH161 worth today?

Last sold for AED 2,725,000 in 2024

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17 Oct 2024SoldReady
AED 2,725,000AED 1,580 per sqft
15 Oct 2022RentedRenewal
AED 130,000/yr12 months · AED 75 per sqft
15 Oct 2022RentedNew contract
AED 125,000/yr12 months · AED 73 per sqft
6 Jun 2022SoldReady
AED 1,595,000AED 925 per sqft
5 Jun 2018SoldReady
AED 1,325,000AED 768 per sqft
15 Sep 2016RentedRenewal
AED 138,915/yr12 months · AED 81 per sqft
15 Sep 2015RentedRenewal
AED 132,300/yr12 months · AED 77 per sqft
15 Sep 2014RentedNew contract
AED 126,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
2-bed villa
Size
1,724 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,300 /yr
Last sold
AED 2.73M · October 2024
Community
Al Reem 2

About TH161, Al Reem 2

TH161 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 17 October 2024 for AED 2,725,000, or AED 1,580 per sqft, 12% above the AED 1,407 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 15 October 2022, is AED 130,000 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 5,300 a year.

Sales and rents for TH161 over time

Sales
Villa TH161, each saleTypical two-bed in Al Reem 2
02M2007201220172022Typical 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 261,944 (AED 151 per sqft)Sold, September 2008: AED 2,800,000 (AED 1,624 per sqft)Sold, June 2018: AED 1,325,000 (AED 768 per sqft)Sold, June 2022: AED 1,595,000 (AED 925 per sqft)Sold, October 2024: AED 2,725,000 (AED 1,580 per sqft)

TH161 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH161, 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, August 2013: AED 120,000 a yearNew contract, September 2014: AED 126,000 a yearRenewal, September 2015: AED 132,300 a yearRenewal, September 2016: AED 138,915 a yearRenewal, October 2022: AED 130,000 a yearNew contract, October 2022: AED 125,000 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 TH161 sits

All 9 2-beds →

TH161 last sold in October 2024 at AED 1,580 per sqft, 12% above what two-beds in Al Reem 2 were fetching at the time (AED 1,407). 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 →

TH161, Al Reem 2 in numbers

  • Sold 5 times: first on 20 November 2007 for AED 261,944, last on 17 October 2024 for AED 2,725,000 (AED 1,580 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 120,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 4.8%, 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 17 October 2024.

Questions about TH161, Al Reem 2

What did villa TH161 last sell for?

AED 2,725,000 on 17 October 2024: AED 1,580 per sqft for 1,724 sqft. The villa has 5 registered sales; the first was AED 261,944 in November 2007.

What is the rent for villa TH161?

AED 130,000 a year on the contract renewed on 15 October 2022. The previous contract, from October 2022, was AED 125,000; the villa has been rented since August 2013.

How big is villa TH161?

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

What is villa TH161 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 TH161, Al Reem 2

Starts from the last sale price (AED 2.73M, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,725,000
Deposit, UAE resident (20%)
AED 545,000
Deposit, non-resident (40%)
AED 1,090,000
Monthly over 25 years at 3.7%
AED 11,149

Plus AED 119,460 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →