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4-bed · 2,434 sqftAl Reem 2, Arabian Ranches · completed 2007

TH224, Al Reem 2

Sold prices and rental history: sold twice, last in July 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH224 · DLD and Ejari recordsUpdated 29 July 2009
Last soldAED 1.18M29 July 2009
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH224, Al Reem 2

What is TH224 worth today?

Last sold for AED 1,184,888 in 2009

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29 Jul 2009Sold by developerReady
AED 1,184,888AED 486 per sqft
29 Jul 2009SoldReady
AED 1,919,000AED 788 per sqft

Source: Dubai Land Department. Updated 29 July 2009.

Key facts

Type
4-bed villa
Size
2,434 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,500 /yr
Last sold
AED 1.18M · July 2009
Community
Al Reem 2

About TH224, Al Reem 2

TH224 is a four-bedroom villa of 2,434 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. The developer sold it on 29 July 2009 for AED 1,184,888, or AED 486 per sqft, in line with the AED 491 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH224 over time

Sales
Villa TH224, each saleTypical four-bed in Al Reem 2
2M2007201220172022Typical sale price by year: 2007 AED 797,882; 2008 AED 979,937; 2009 AED 1,800,000; 2010 AED 1,140,000; 2011 AED 1,017,621; 2012 AED 930,000; 2013 AED 2,575,000; 2014 AED 3,030,000; 2015 AED 2,337,100; 2016 AED 2,300,000; 2017 AED 2,350,000; 2018 AED 1,925,000; 2019 AED 1,700,000; 2020 AED 1,662,500; 2021 AED 2,100,000; 2022 AED 2,425,000; 2023 AED 2,900,000Sold by developer, July 2009: AED 1,184,888 (AED 486 per sqft)Sold, July 2009: AED 1,919,000 (AED 788 per sqft)

TH224 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH224, each contractTypical four-bed in Al Reem 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 170,000; 2015 AED 172,500; 2016 AED 170,000; 2017 AED 151,762; 2018 AED 136,500; 2019 AED 125,000; 2020 AED 108,000; 2021 AED 115,000; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 180,956; 2025 AED 192,000; 2026 AED 200,000

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 TH224 sits

All 116 4-beds →

TH224 last sold in July 2009 at AED 486 per sqft, in line with what four-beds in Al Reem 2 were fetching at the time (AED 491).

Recent 4-bed salesVilla no.Price (AED)Summary
8 Dec 20233,000,000
24 Aug 20233,000,000
10 Aug 20233,400,000
8 Jun 20232,700,000
0 4-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 →

TH224, Al Reem 2 in numbers

  • Sold twice: first on 29 July 2009 for AED 1,919,000, last on 29 July 2009 for AED 1,184,888 (AED 486 per sqft).

Source: Dubai Land Department. Updated 29 July 2009.

Questions about TH224, Al Reem 2

What did villa TH224 last sell for?

AED 1,184,888 on 29 July 2009, sold by the developer: AED 486 per sqft for 2,434 sqft. The villa has 2 registered sales; the first was AED 1,919,000 in July 2009.

How big is villa TH224?

2,434 sqft (226.1 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH224 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 TH224, Al Reem 2

Starts from the last sale price (AED 1.18M, 29 July 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,184,888
Deposit, UAE resident (20%)
AED 236,978
Deposit, non-resident (40%)
AED 473,955
Monthly over 25 years at 3.7%
AED 4,848

Plus AED 54,776 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →