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5-bed · 2,622 sqftAl Reem 2, Arabian Ranches · completed 2007

TH239, Al Reem 2

Sold prices and rental history: sold twice, last in October 2018, and rented since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH239 · DLD and Ejari recordsUpdated 11 October 2018
Last soldAED 2.09M11 October 2018
Current rentAED 170K /yr15 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH239, Al Reem 2

What is TH239 worth today?

Last sold for AED 2,085,000 in 2018

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11 Oct 2018SoldReady
AED 2,085,000AED 795 per sqft
15 May 2018RentedNew contract
AED 170,000/yr6 months · AED 65 per sqft
7 May 2015RentedNew contract
AED 200,000/yr12 months · AED 76 per sqft
29 Apr 2014RentedNew contract
AED 163,000/yr12 months · AED 62 per sqft
31 Oct 2007Sold by developerReady
AED 498,944AED 190 per sqft

Source: Dubai Land Department. Updated 11 October 2018.

Key facts

Type
5-bed villa
Size
2,622 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,100 /yr
Last sold
AED 2.09M · October 2018
Community
Al Reem 2

About TH239, Al Reem 2

TH239 is a five-bedroom villa of 2,622 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 11 October 2018 for AED 2,085,000, or AED 795 per sqft, in line with the AED 804 five-beds in the community were fetching at the time.

It has been rented since 2014 on 3 Ejari contracts. The current contract, signed on 15 May 2018, is AED 170,000 a year: a gross yield of 8.2% on the 2018 price, before the service charge of about AED 8,100 a year.

Sales and rents for TH239 over time

Sales
Villa TH239, each saleTypical five-bed in Al Reem 2
02M2007201220172022Typical 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, October 2007: AED 498,944 (AED 190 per sqft)Sold, October 2018: AED 2,085,000 (AED 795 per sqft)

TH239 has sold twice; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH239, 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, April 2014: AED 163,000 a yearNew contract, May 2015: AED 200,000 a yearNew contract, May 2018: AED 170,000 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 TH239 sits

All 86 5-beds →

TH239 last sold in October 2018 at AED 795 per sqft, in line with what five-beds in Al Reem 2 were fetching at the time (AED 804). TH239's AED 170,000 is in the lower 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 →

TH239, Al Reem 2 in numbers

  • Sold twice: first on 31 October 2007 for AED 498,944, last on 11 October 2018 for AED 2,085,000 (AED 795 per sqft).
  • Rented since April 2014 on 3 Ejari contracts, from AED 163,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2018 price is 8.2%, before a service charge of about AED 8,100 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 11 October 2018.

Questions about TH239, Al Reem 2

What did villa TH239 last sell for?

AED 2,085,000 on 11 October 2018: AED 795 per sqft for 2,622 sqft. The villa has 2 registered sales; the first was AED 498,944 in October 2007.

What is the rent for villa TH239?

AED 170,000 a year on the contract signed on 15 May 2018. The previous contract, from May 2015, was AED 200,000; the villa has been rented since April 2014.

How big is villa TH239?

2,622 sqft (243.6 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH239 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 TH239, Al Reem 2

Starts from the last sale price (AED 2.09M, 11 October 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,085,000
Deposit, UAE resident (20%)
AED 417,000
Deposit, non-resident (40%)
AED 834,000
Monthly over 25 years at 3.7%
AED 8,530

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →