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4-bed · 2,411 sqftAl Reem 2, Arabian Ranches · completed 2007

TH229, Al Reem 2

Sold prices and rental history: sold 4 times, last in April 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH229 · DLD and Ejari recordsUpdated 5 April 2021
Last soldAED 2.1M5 April 2021
Current rentAED 110K /yr20 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH229, Al Reem 2

What is TH229 worth today?

Last sold for AED 2,100,000 in 2021

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5 Apr 2021SoldReady
AED 2,100,000AED 871 per sqft
20 Nov 2020RentedNew contract
AED 110,000/yr12 months · AED 46 per sqft
6 Aug 2020RentedRenewal
AED 120,000/yr12 months · AED 50 per sqft
6 Aug 2019RentedRenewal
AED 138,000/yr12 months · AED 57 per sqft
6 Aug 2018RentedNew contract
AED 140,000/yr12 months · AED 58 per sqft
9 Aug 2016RentedNew contract
AED 175,000/yr12 months · AED 73 per sqft
10 Aug 2015RentedNew contract
AED 190,575/yr12 months · AED 79 per sqft
10 Aug 2014RentedNew contract
AED 173,250/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 5 April 2021.

Key facts

Type
4-bed villa
Size
2,411 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 2.1M · April 2021
Community
Al Reem 2

About TH229, Al Reem 2

TH229 is a four-bedroom villa of 2,411 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 5 April 2021 for AED 2,100,000, or AED 871 per sqft, 27% above the AED 688 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 20 November 2020, is AED 110,000 a year: a gross yield of 5.2% on the 2021 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH229 over time

Sales
Villa TH229, 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, March 2008: AED 2,500,000 (AED 1,036 per sqft)Sold, March 2008: AED 1,119,888 (AED 464 per sqft)Sold, May 2013: AED 1,450,000 (AED 601 per sqft)Sold, April 2021: AED 2,100,000 (AED 871 per sqft)

TH229 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH229, each contractTypical four-bed in Al Reem 2
100K200K2012201620202024Typical 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 200,000New contract, April 2013: AED 51,667 a yearNew contract, August 2013: AED 165,000 a yearNew contract, August 2014: AED 173,250 a yearNew contract, August 2015: AED 190,575 a yearNew contract, August 2016: AED 175,000 a yearNew contract, August 2018: AED 140,000 a yearRenewal, August 2019: AED 138,000 a yearRenewal, August 2020: AED 120,000 a yearNew contract, November 2020: AED 110,000 a year

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 TH229 sits

All 116 4-beds →

TH229 last sold in April 2021 at AED 871 per sqft, 27% above what four-beds in Al Reem 2 were fetching at the time (AED 688). TH229's AED 110,000 is at the bottom of that range.

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 →

TH229, Al Reem 2 in numbers

  • Sold 4 times: first on 4 March 2008 for AED 1,119,888, last on 5 April 2021 for AED 2,100,000 (AED 871 per sqft).
  • Rented since April 2013 on 9 Ejari contracts, from AED 51,667 to AED 110,000 a year.
  • At AED 110,000 a year the gross yield on the 2021 price is 5.2%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 5 April 2021.

Questions about TH229, Al Reem 2

What did villa TH229 last sell for?

AED 2,100,000 on 5 April 2021: AED 871 per sqft for 2,411 sqft. The villa has 4 registered sales; the first was AED 1,119,888 in March 2008.

What is the rent for villa TH229?

AED 110,000 a year on the contract signed on 20 November 2020. The previous contract, from August 2020, was AED 120,000; the villa has been rented since April 2013.

How big is villa TH229?

2,411 sqft (224.0 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH229 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 TH229, Al Reem 2

Starts from the last sale price (AED 2.1M, 5 April 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

Plus AED 93,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →