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5-bed · 3,062 sqftAl Reem 2, Arabian Ranches · completed 2007

TH217, Al Reem 2

Sold prices and rental history: sold twice, last in July 2013, and rented once, from May 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH217 · DLD and Ejari recordsUpdated 8 July 2013
Last soldAED 3.5M8 July 2013
Current rentAED 175K /yr15 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH217, Al Reem 2

What is TH217 worth today?

Last sold for AED 3,500,000 in 2013

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8 Jul 2013SoldReady
AED 3,500,000AED 1,142 per sqft
15 May 2012RentedNew contract
AED 175,000/yr12 months · AED 57 per sqft
18 May 2008Sold by developerReady
AED 2,200,000AED 718 per sqft

Source: Dubai Land Department. Updated 8 July 2013.

Key facts

Type
5-bed villa
Size
3,062 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,400 /yr
Last sold
AED 3.5M · July 2013
Community
Al Reem 2

About TH217, Al Reem 2

TH217 is a five-bedroom villa of 3,062 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 8 July 2013 for AED 3,500,000, or AED 1,142 per sqft, 21% above the AED 944 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 May 2012. The current contract, signed on 15 May 2012, is AED 175,000 a year: a gross yield of 5.0% on the 2013 price, before the service charge of about AED 9,400 a year.

Sales and rents for TH217 over time

Sales
Villa TH217, each saleTypical five-bed in Al Reem 2
2M2007201220172022Typical sale price by year: 2007 AED 950,000; 2008 AED 1,350,000; 2009 AED 1,335,000; 2010 AED 1,565,944; 2011 AED 1,337,582; 2012 AED 1,810,000; 2013 AED 2,925,000; 2014 AED 2,850,000; 2015 AED 1,475,000; 2016 AED 2,492,500; 2017 AED 2,397,500; 2018 AED 2,085,000; 2019 AED 1,950,000; 2020 AED 1,725,000; 2021 AED 2,600,000; 2022 AED 3,300,000; 2023 AED 3,175,000Sold by developer, May 2008: AED 2,200,000 (AED 718 per sqft)Sold, July 2013: AED 3,500,000 (AED 1,142 per sqft)

TH217 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH217, each contractTypical five-bed in Al Reem 2
150K200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 150,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 160,000; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 149,500; 2023 AED 175,000; 2024 AED 200,000; 2025 AED 210,000; 2026 AED 225,000New contract, May 2012: AED 175,000 a year

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

5-beds in Al Reem 2, and where TH217 sits

All 86 5-beds →

TH217 last sold in July 2013 at AED 1,142 per sqft, 21% above what five-beds in Al Reem 2 were fetching at the time (AED 944). TH217's AED 175,000 is in the lower half of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
28 Sep 20233,300,000
19 Jun 20233,250,000
17 Apr 20233,100,000
11 Apr 20232,850,000
0 5-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 →

TH217, Al Reem 2 in numbers

  • Sold twice: first on 18 May 2008 for AED 2,200,000, last on 8 July 2013 for AED 3,500,000 (AED 1,142 per sqft).
  • Rented since May 2012 on one Ejari contract, at AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2013 price is 5.0%, before a service charge of about AED 9,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 8 July 2013.

Questions about TH217, Al Reem 2

What did villa TH217 last sell for?

AED 3,500,000 on 8 July 2013: AED 1,142 per sqft for 3,062 sqft. The villa has 2 registered sales; the first was AED 2,200,000 in May 2008.

What is the rent for villa TH217?

AED 175,000 a year on the contract signed on 15 May 2012.

How big is villa TH217?

3,062 sqft (284.5 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH217 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 TH217, Al Reem 2

Starts from the last sale price (AED 3.5M, 8 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,500,000
Deposit, UAE resident (20%)
AED 700,000
Deposit, non-resident (40%)
AED 1,400,000
Monthly over 25 years at 3.7%
AED 14,320

Plus AED 152,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →