TH192, Al Reem 2
Sold prices and rental history: sold twice, last in July 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH192, Al Reem 2
What is TH192 worth today?
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Source: Dubai Land Department. Updated 25 May 2023.
Key facts
- Type
- 4-bed villa
- Size
- 2,552 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 7,900 /yr
- Last sold
- AED 1.7M · July 2019
- Community
- Al Reem 2
About TH192, Al Reem 2
TH192 is a four-bedroom villa of 2,552 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 29 July 2019 for AED 1,700,000, or AED 666 per sqft, 3% below the AED 690 four-beds in the community were fetching at the time.
It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 25 May 2023, is AED 210,000 a year: a gross yield of 12.3% on the 2019 price, before the service charge of about AED 7,900 a year.
Sales and rents for TH192 over time
TH192 has sold twice; the dashed line is the four-bed median of each year in the community.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the community.
4-beds in Al Reem 2, and where TH192 sits
All 116 4-beds →TH192 last sold in July 2019 at AED 666 per sqft, 3% below what four-beds in Al Reem 2 were fetching at the time (AED 690). TH192's AED 210,000 is in the upper half of that range.
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Dec 20238 December 2023 | 2,514 sqft | 3,000,000 | 1,193 | ||
| 24 Aug 202324 August 2023 | 2,518 sqft | 3,000,000 | 1,191 | ||
| 10 Aug 202310 August 2023 | 2,411 sqft | 3,400,000 | 1,410 | ||
| 8 Jun 20238 June 2023 | 2,411 sqft | 2,700,000 | 1,119 |
Al Reem 2
Community337 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%
TH192, Al Reem 2 in numbers
- Sold twice: first on 20 August 2007 for AED 894,888, last on 29 July 2019 for AED 1,700,000 (AED 666 per sqft).
- Rented since August 2012 on 12 Ejari contracts. The rent fell from AED 145,000 to AED 107,000 in 2020 and recovered to AED 210,000 by May 2023.
- At AED 210,000 a year the gross yield on the 2019 price is 12.3%, before a service charge of about AED 7,900 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 25 May 2023.
Questions about TH192, Al Reem 2
What did villa TH192 last sell for?
AED 1,700,000 on 29 July 2019: AED 666 per sqft for 2,552 sqft. The villa has 2 registered sales; the first was AED 894,888 in August 2007.
What is the rent for villa TH192?
AED 210,000 a year on the contract signed on 25 May 2023. The previous contract, from November 2021, was AED 126,500; the villa has been rented since August 2012.
How big is villa TH192?
2,552 sqft (237.1 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.
What is villa TH192 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on TH192, Al Reem 2
Starts from the last sale price (AED 1.7M, 29 July 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 1,700,000
- Deposit, UAE resident (20%)
- AED 340,000
- Deposit, non-resident (40%)
- AED 680,000
- Monthly over 25 years at 3.7%
- AED 6,955
Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →