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3-bed · 1,903 sqftAl Reem 2, Arabian Ranches · completed 2007

TH162, Al Reem 2

Sold prices and rental history: sold 3 times, last in April 2020, and rented once, from March 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH162 · DLD and Ejari recordsUpdated 30 April 2020
Last soldAED 1.22M30 April 2020
Current rentAED 115K /yr1 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH162, Al Reem 2

What is TH162 worth today?

Last sold for AED 1,220,000 in 2020

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30 Apr 2020SoldReady
AED 1,220,000AED 641 per sqft
1 Mar 2013RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
27 Feb 2013SoldReady
AED 1,825,000AED 958 per sqft
10 Mar 2008Sold by developerReady
AED 434,200AED 228 per sqft

Source: Dubai Land Department. Updated 30 April 2020.

Key facts

Type
3-bed villa
Size
1,903 sqft
Developer
Emaar
Completed
2007
Service charge
AED 5,900 /yr
Last sold
AED 1.22M · April 2020
Community
Al Reem 2

About TH162, Al Reem 2

TH162 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 30 April 2020 for AED 1,220,000, or AED 641 per sqft, 9% below the AED 706 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 March 2013. The current contract, signed on 1 March 2013, is AED 115,000 a year: a gross yield of 9.4% on the 2020 price, before the service charge of about AED 5,900 a year.

Sales and rents for TH162 over time

Sales
Villa TH162, 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, March 2008: AED 434,200 (AED 228 per sqft)Sold, February 2013: AED 1,825,000 (AED 958 per sqft)Sold, April 2020: AED 1,220,000 (AED 641 per sqft)

TH162 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH162, 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, March 2013: AED 115,000 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 TH162 sits

All 95 3-beds →

TH162 last sold in April 2020 at AED 641 per sqft, 9% below what three-beds in Al Reem 2 were fetching at the time (AED 706). 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. TH162's AED 115,000 is at the bottom 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 →

TH162, Al Reem 2 in numbers

  • Sold 3 times: first on 10 March 2008 for AED 434,200, last on 30 April 2020 for AED 1,220,000 (AED 641 per sqft).
  • Rented since March 2013 on one Ejari contract, at AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2020 price is 9.4%, 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 30 April 2020.

Questions about TH162, Al Reem 2

What did villa TH162 last sell for?

AED 1,220,000 on 30 April 2020: AED 641 per sqft for 1,903 sqft. The villa has 3 registered sales; the first was AED 434,200 in March 2008.

What is the rent for villa TH162?

AED 115,000 a year on the contract signed on 1 March 2013.

How big is villa TH162?

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

What is villa TH162 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.

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Mortgage on TH162, Al Reem 2

Starts from the last sale price (AED 1.22M, 30 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,220,000
Deposit, UAE resident (20%)
AED 244,000
Deposit, non-resident (40%)
AED 488,000
Monthly over 25 years at 3.7%
AED 4,991

Plus AED 56,250 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →