5-bed · 3,069 sqftAl Reem 2, Arabian Ranches · completed 2007

TH218, Al Reem 2

Sold prices and rental history: sold 3 times, last in January 2014, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH218 · DLD and Ejari recordsUpdated 29 January 2014
Last soldAED 4M29 January 2014
Current rentAED 225K /yr3 January 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH218, Al Reem 2

What is TH218 worth today?

Last sold for AED 4,000,000 in 2014

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29 Jan 2014SoldReady
AED 4,000,000AED 1,303 per sqft
3 Jan 2014RentedNew contract
AED 225,000/yr12 months · AED 73 per sqft
3 Jan 2013RentedNew contract
AED 205,000/yr12 months · AED 67 per sqft
20 Dec 2012SoldReady
AED 3,250,000AED 1,058 per sqft
9 Jul 2008Sold by developerReady
AED 2,275,000AED 741 per sqft

Source: Dubai Land Department. Updated 29 January 2014.

Key facts

Type
5-bed villa
Size
3,069 sqft
Developer
Emaar
Completed
2007
Service charge
AED 9,500 /yr
Last sold
AED 4M · January 2014
Community
Al Reem 2

About TH218, Al Reem 2

TH218 is a five-bedroom villa of 3,069 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 29 January 2014 for AED 4,000,000, or AED 1,303 per sqft, 21% above the AED 1,077 five-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 3 January 2014, is AED 225,000 a year: a gross yield of 5.6% on the 2014 price, before the service charge of about AED 9,500 a year.

Sales and rents for TH218 over time

Sales
Villa TH218, each saleTypical five-bed in Al Reem 2
2M4M2007201220172022Typical 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, July 2008: AED 2,275,000 (AED 741 per sqft)Sold, December 2012: AED 3,250,000 (AED 1,058 per sqft)Sold, January 2014: AED 4,000,000 (AED 1,303 per sqft)

TH218 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH218, 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, January 2013: AED 205,000 a yearNew contract, January 2014: AED 225,000 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 TH218 sits

All 86 5-beds →

TH218 last sold in January 2014 at AED 1,303 per sqft, 21% above what five-beds in Al Reem 2 were fetching at the time (AED 1,077). TH218's AED 225,000 is in the upper 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 →

TH218, Al Reem 2 in numbers

  • Sold 3 times: first on 9 July 2008 for AED 2,275,000, last on 29 January 2014 for AED 4,000,000 (AED 1,303 per sqft).
  • Rented since January 2013 on 2 Ejari contracts, from AED 205,000 to AED 225,000 a year.
  • At AED 225,000 a year the gross yield on the 2014 price is 5.6%, before a service charge of about AED 9,500 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 29 January 2014.

Questions about TH218, Al Reem 2

What did villa TH218 last sell for?

AED 4,000,000 on 29 January 2014: AED 1,303 per sqft for 3,069 sqft. The villa has 3 registered sales; the first was AED 2,275,000 in July 2008.

What is the rent for villa TH218?

AED 225,000 a year on the contract signed on 3 January 2014. The previous contract, from January 2013, was AED 205,000.

How big is villa TH218?

3,069 sqft (285.1 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH218 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 TH218, Al Reem 2

Starts from the last sale price (AED 4M, 29 January 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →