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6-bed · 2,856 sqftAl Reem 2, Arabian Ranches · completed 2007

TH198, Al Reem 2

Sold prices and rental history: sold 3 times, last in December 2021, and rented since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH198 · DLD and Ejari recordsUpdated 7 December 2021
Last soldAED 3.1M7 December 2021
Current rentAED 220K /yr10 January 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH198, Al Reem 2

What is TH198 worth today?

Last sold for AED 3,100,000 in 2021

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7 Dec 2021SoldReady
AED 3,100,000AED 1,085 per sqft
10 Jan 2017RentedRenewal
AED 220,000/yr12 months · AED 77 per sqft
10 Jan 2016RentedNew contract
AED 220,000/yr12 months · AED 77 per sqft
24 Jul 2013SoldReady
AED 3,000,000AED 1,050 per sqft
29 Jun 2010Sold by developerReady
AED 531,944AED 186 per sqft

Source: Dubai Land Department. Updated 7 December 2021.

Key facts

Type
6-bed villa
Size
2,856 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 3.1M · December 2021
Community
Al Reem 2

About TH198, Al Reem 2

TH198 is a six-bedroom villa of 2,856 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 7 December 2021 for AED 3,100,000, or AED 1,085 per sqft, 31% above the AED 826 six-beds in the community were fetching at the time.

It has been rented since 2016 on 2 Ejari contracts. The current contract, renewed on 10 January 2017, is AED 220,000 a year: a gross yield of 7.1% on the 2021 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH198 over time

Sales
Villa TH198, each saleTypical six-bed in Al Reem 2
2M20072011201520192023Typical 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, June 2010: AED 531,944 (AED 186 per sqft)Sold, July 2013: AED 3,000,000 (AED 1,050 per sqft)Sold, December 2021: AED 3,100,000 (AED 1,085 per sqft)

TH198 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH198, 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, January 2016: AED 220,000 a yearRenewal, January 2017: AED 220,000 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 TH198 sits

All 31 6-beds →

TH198 last sold in December 2021 at AED 1,085 per sqft, 31% above what six-beds in Al Reem 2 were fetching at the time (AED 826).

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 →

TH198, Al Reem 2 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 531,944, last on 7 December 2021 for AED 3,100,000 (AED 1,085 per sqft).
  • Rented since January 2016 on 2 Ejari contracts, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2021 price is 7.1%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 7 December 2021.

Questions about TH198, Al Reem 2

What did villa TH198 last sell for?

AED 3,100,000 on 7 December 2021: AED 1,085 per sqft for 2,856 sqft. The villa has 3 registered sales; the first was AED 531,944 in June 2010.

What is the rent for villa TH198?

AED 220,000 a year on the contract renewed on 10 January 2017. The previous contract, from January 2016, was AED 220,000.

How big is villa TH198?

2,856 sqft (265.3 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH198 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 TH198, Al Reem 2

Starts from the last sale price (AED 3.1M, 7 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →