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5-bed · 2,636 sqftAl Reem 2, Arabian Ranches · completed 2007

TH238, Al Reem 2

Sold prices and rental history: sold 3 times, last in June 2022, and rented once, from September 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH238 · DLD and Ejari recordsUpdated 27 June 2022
Last soldAED 2.8M27 June 2022
Current rentAED 150K /yr1 September 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH238, Al Reem 2

What is TH238 worth today?

Last sold for AED 2,800,000 in 2022

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27 Jun 2022SoldReady
AED 2,800,000AED 1,062 per sqft
30 Oct 2013SoldReady
AED 2,950,000AED 1,119 per sqft
1 Sep 2012RentedNew contract
AED 150,000/yr12 months · AED 57 per sqft
13 Aug 2009Sold by developerReady
AED 1,666,500AED 632 per sqft

Source: Dubai Land Department. Updated 27 June 2022.

Key facts

Type
5-bed villa
Size
2,636 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,100 /yr
Last sold
AED 2.8M · June 2022
Community
Al Reem 2

About TH238, Al Reem 2

TH238 is a five-bedroom villa of 2,636 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 27 June 2022 for AED 2,800,000, or AED 1,062 per sqft, in line with the AED 1,040 five-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 September 2012. The current contract, signed on 1 September 2012, is AED 150,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 8,100 a year.

Sales and rents for TH238 over time

Sales
Villa TH238, 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, August 2009: AED 1,666,500 (AED 632 per sqft)Sold, October 2013: AED 2,950,000 (AED 1,119 per sqft)Sold, June 2022: AED 2,800,000 (AED 1,062 per sqft)

TH238 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH238, 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, September 2012: AED 150,000 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 TH238 sits

All 86 5-beds →

TH238 last sold in June 2022 at AED 1,062 per sqft, in line with what five-beds in Al Reem 2 were fetching at the time (AED 1,040). TH238's AED 150,000 is at the bottom 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 →

TH238, Al Reem 2 in numbers

  • Sold 3 times: first on 13 August 2009 for AED 1,666,500, last on 27 June 2022 for AED 2,800,000 (AED 1,062 per sqft).
  • Rented since September 2012 on one Ejari contract, at AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 8,100 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 27 June 2022.

Questions about TH238, Al Reem 2

What did villa TH238 last sell for?

AED 2,800,000 on 27 June 2022: AED 1,062 per sqft for 2,636 sqft. The villa has 3 registered sales; the first was AED 1,666,500 in August 2009.

What is the rent for villa TH238?

AED 150,000 a year on the contract signed on 1 September 2012.

How big is villa TH238?

2,636 sqft (244.9 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH238 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 TH238, Al Reem 2

Starts from the last sale price (AED 2.8M, 27 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

Plus AED 122,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →