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4-bed · 2,414 sqftAl Reem 2, Arabian Ranches · completed 2007

TH233, Al Reem 2

Sold prices and rental history: sold 3 times, last in April 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH233 · DLD and Ejari recordsUpdated 4 April 2016
Last soldAED 2.41M4 April 2016
Current rentAED 200K /yr6 March 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH233, Al Reem 2

What is TH233 worth today?

Last sold for AED 2,410,000 in 2016

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4 Apr 2016SoldReady
AED 2,410,000AED 998 per sqft
6 Mar 2015RentedNew contract
AED 200,000/yr12 months · AED 83 per sqft
9 Feb 2013RentedNew contract
AED 135,000/yr12 months · AED 56 per sqft
13 Jul 2011SoldReady
AED 1,450,000AED 600 per sqft
9 Mar 2010Sold by developerReady
AED 877,888AED 363 per sqft

Source: Dubai Land Department. Updated 4 April 2016.

Key facts

Type
4-bed villa
Size
2,414 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 2.41M · April 2016
Community
Al Reem 2

About TH233, Al Reem 2

TH233 is a four-bedroom villa of 2,414 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 4 April 2016 for AED 2,410,000, or AED 998 per sqft, 5% above the AED 948 four-beds in the community were fetching at the time.

It has been rented since 2013 on 2 Ejari contracts. The current contract, signed on 6 March 2015, is AED 200,000 a year: a gross yield of 8.3% on the 2016 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH233 over time

Sales
Villa TH233, 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 2010: AED 877,888 (AED 363 per sqft)Sold, July 2011: AED 1,450,000 (AED 600 per sqft)Sold, April 2016: AED 2,410,000 (AED 998 per sqft)

TH233 has sold 3 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH233, 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 200,000New contract, February 2013: AED 135,000 a yearNew contract, March 2015: AED 200,000 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 TH233 sits

All 116 4-beds →

TH233 last sold in April 2016 at AED 998 per sqft, 5% above what four-beds in Al Reem 2 were fetching at the time (AED 948). TH233's AED 200,000 is in the upper half 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 →

TH233, Al Reem 2 in numbers

  • Sold 3 times: first on 9 March 2010 for AED 877,888, last on 4 April 2016 for AED 2,410,000 (AED 998 per sqft).
  • Rented since February 2013 on 2 Ejari contracts, from AED 135,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2016 price is 8.3%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 4 April 2016.

Questions about TH233, Al Reem 2

What did villa TH233 last sell for?

AED 2,410,000 on 4 April 2016: AED 998 per sqft for 2,414 sqft. The villa has 3 registered sales; the first was AED 877,888 in March 2010.

What is the rent for villa TH233?

AED 200,000 a year on the contract signed on 6 March 2015. The previous contract, from February 2013, was AED 135,000.

How big is villa TH233?

2,414 sqft (224.3 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH233 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 TH233, Al Reem 2

Starts from the last sale price (AED 2.41M, 4 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,410,000
Deposit, UAE resident (20%)
AED 482,000
Deposit, non-resident (40%)
AED 964,000
Monthly over 25 years at 3.7%
AED 9,860

Plus AED 106,230 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →