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3-bed · 2,411 sqftAl Reem 2, Arabian Ranches · completed 2007

TH179, Al Reem 2

Sold prices and rental history: sold 3 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 TH179 · DLD and Ejari recordsUpdated 17 October 2024
Last soldAED 3.95M17 October 2024
Current rentAED 120K /yr15 November 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH179, Al Reem 2

What is TH179 worth today?

Last sold for AED 3,950,000 in 2024

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17 Oct 2024SoldReady
AED 3,950,000AED 1,638 per sqft
29 Nov 2020SoldReady
AED 1,800,000AED 746 per sqft
15 Nov 2019RentedRenewal
AED 120,000/yr12 months · AED 50 per sqft
15 Nov 2018RentedNew contract
AED 130,000/yr12 months · AED 54 per sqft
23 Oct 2017RentedNew contract
AED 142,500/yr12 months · AED 59 per sqft
1 Sep 2016RentedRenewal
AED 175,000/yr12 months · AED 73 per sqft
1 Sep 2015RentedRenewal
AED 180,000/yr12 months · AED 75 per sqft
1 Sep 2014RentedNew contract
AED 180,000/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 17 October 2024.

Key facts

Type
3-bed villa
Size
2,411 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 3.95M · October 2024
Community
Al Reem 2

About TH179, Al Reem 2

TH179 is a three-bedroom villa of 2,411 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 3,950,000, or AED 1,638 per sqft, 17% above the AED 1,400 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 15 November 2019, is AED 120,000 a year: a gross yield of 3.0% on the 2024 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH179 over time

Sales
Villa TH179, each saleTypical three-bed in Al Reem 2
2M4M2007201220172022Typical 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, June 2008: AED 800,000 (AED 331 per sqft)Sold, November 2020: AED 1,800,000 (AED 746 per sqft)Sold, October 2024: AED 3,950,000 (AED 1,638 per sqft)

TH179 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH179, 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, September 2012: AED 142,500 a yearNew contract, September 2013: AED 142,500 a yearNew contract, September 2014: AED 180,000 a yearRenewal, September 2015: AED 180,000 a yearRenewal, September 2016: AED 175,000 a yearNew contract, October 2017: AED 142,500 a yearNew contract, November 2018: AED 130,000 a yearRenewal, November 2019: AED 120,000 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 TH179 sits

All 95 3-beds →

TH179 last sold in October 2024 at AED 1,638 per sqft, 17% above what three-beds in Al Reem 2 were fetching at the time (AED 1,400). 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. TH179's AED 120,000 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 →

TH179, Al Reem 2 in numbers

  • Sold 3 times: first on 22 June 2008 for AED 800,000, last on 17 October 2024 for AED 3,950,000 (AED 1,638 per sqft).
  • Rented since September 2012 on 8 Ejari contracts, from AED 142,500 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2024 price is 3.0%, before a service charge of about AED 7,400 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 17 October 2024.

Questions about TH179, Al Reem 2

What did villa TH179 last sell for?

AED 3,950,000 on 17 October 2024: AED 1,638 per sqft for 2,411 sqft. The villa has 3 registered sales; the first was AED 800,000 in June 2008.

What is the rent for villa TH179?

AED 120,000 a year on the contract renewed on 15 November 2019. The previous contract, from November 2018, was AED 130,000; the villa has been rented since September 2012.

How big is villa TH179?

2,411 sqft (224.0 sqm): a three-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH179 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 TH179, Al Reem 2

Starts from the last sale price (AED 3.95M, 17 October 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,950,000
Deposit, UAE resident (20%)
AED 790,000
Deposit, non-resident (40%)
AED 1,580,000
Monthly over 25 years at 3.7%
AED 16,161

Plus AED 170,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →