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6-bed · 2,850 sqftAl Reem 2, Arabian Ranches · completed 2007

TH197, Al Reem 2

Sold prices and rental history: sold 3 times, last in December 2021, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH197 · DLD and Ejari recordsUpdated 9 December 2021
Last soldAED 2.5M9 December 2021
Current rentAED 120K /yr10 March 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH197, Al Reem 2

What is TH197 worth today?

Last sold for AED 2,500,000 in 2021

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9 Dec 2021SoldReady
AED 2,500,000AED 877 per sqft
10 Mar 2018RentedRenewal
AED 120,000/yr60 months · AED 42 per sqft
10 Apr 2013SoldReady
AED 2,850,000AED 999 per sqft
10 Mar 2013RentedNew contract
AED 148,000/yr60 months · AED 52 per sqft
17 Oct 2007Sold by developerReady
AED 504,444AED 176 per sqft

Source: Dubai Land Department. Updated 9 December 2021.

Key facts

Type
6-bed villa
Size
2,850 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 2.5M · December 2021
Community
Al Reem 2

About TH197, Al Reem 2

TH197 is a six-bedroom villa of 2,850 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 9 December 2021 for AED 2,500,000, or AED 877 per sqft, in line with the AED 877 six-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, renewed on 10 March 2018, is AED 120,000 a year: a gross yield of 4.8% on the 2021 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH197 over time

Sales
Villa TH197, each saleTypical six-bed in Al Reem 2
02M20072011201520192023Typical sale price by year: 2007 AED 611,222; 2008 AED 1,037,888; 2009 AED 1,082,888; 2010 AED 1,375,000; 2012 AED 2,125,000; 2014 AED 3,425,000; 2015 AED 2,750,000; 2016 AED 2,775,000; 2018 AED 2,012,500; 2020 AED 2,190,000; 2021 AED 2,550,000; 2022 AED 3,150,000Sold by developer, October 2007: AED 504,444 (AED 176 per sqft)Sold, April 2013: AED 2,850,000 (AED 999 per sqft)Sold, December 2021: AED 2,500,000 (AED 877 per sqft)

TH197 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH197, each contractTypical six-bed in Al Reem 2
150K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 167,500; 2014 AED 182,500; 2015 AED 200,000; 2016 AED 185,000; 2017 AED 170,000; 2018 AED 140,000; 2019 AED 139,612; 2020 AED 130,000; 2021 AED 128,000; 2022 AED 150,000; 2023 AED 170,750; 2024 AED 200,000; 2025 AED 220,000New contract, March 2013: AED 148,000 a yearRenewal, March 2018: AED 120,000 a year

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

6-beds in Al Reem 2, and where TH197 sits

All 31 6-beds →

TH197 last sold in December 2021 at AED 877 per sqft, in line with what six-beds in Al Reem 2 were fetching at the time (AED 877).

Recent 6-bed salesVilla no.Price (AED)Summary
9 May 20233,300,000
6 Dec 20223,150,000
8 Nov 20223,200,000
7 Sep 20222,700,000
0 6-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 →

TH197, Al Reem 2 in numbers

  • Sold 3 times: first on 17 October 2007 for AED 504,444, last on 9 December 2021 for AED 2,500,000 (AED 877 per sqft).
  • Rented since March 2013 on 2 Ejari contracts, from AED 148,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2021 price is 4.8%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 9 December 2021.

Questions about TH197, Al Reem 2

What did villa TH197 last sell for?

AED 2,500,000 on 9 December 2021: AED 877 per sqft for 2,850 sqft. The villa has 3 registered sales; the first was AED 504,444 in October 2007.

What is the rent for villa TH197?

AED 120,000 a year on the contract renewed on 10 March 2018. The previous contract, from March 2013, was AED 148,000.

How big is villa TH197?

2,850 sqft (264.8 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH197 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 TH197, Al Reem 2

Starts from the last sale price (AED 2.5M, 9 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →