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3-bed · 2,848 sqftAl Reem 2, Arabian Ranches · completed 2007

TH248, Al Reem 2

Sold prices and rental history: sold 4 times, last in March 2024, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH248 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 3.97M5 March 2024
Current rentAED 250K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH248, Al Reem 2

What is TH248 worth today?

Last sold for AED 3,969,699 in 2024

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1 Jun 2025RentedRenewal
AED 250,000/yr12 months · AED 88 per sqft
1 Jun 2024RentedNew contract
AED 250,000/yr12 months · AED 88 per sqft
5 Mar 2024SoldReady
AED 3,969,699AED 1,393 per sqft
3 Oct 2013SoldReady
AED 3,340,000AED 1,172 per sqft
5 Nov 2008Sold by developerReady
AED 1,031,888AED 362 per sqft
5 Nov 2008SoldReady
AED 4,500,000AED 1,579 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
3-bed villa
Size
2,848 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 3.97M · March 2024
Community
Al Reem 2

About TH248, Al Reem 2

TH248 is a three-bedroom villa of 2,848 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 5 March 2024 for AED 3,969,699, or AED 1,393 per sqft, 10% above the AED 1,271 three-beds in the community were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 250,000 a year: a gross yield of 6.3% on the 2024 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH248 over time

Sales
Villa TH248, each saleTypical three-bed in Al Reem 2
2M4M2007201220172022Typical sale price by year: 2007 AED 778,891; 2008 AED 1,132,369; 2009 AED 968,888; 2010 AED 1,537,500; 2011 AED 900,000; 2012 AED 1,660,000; 2013 AED 2,147,500; 2014 AED 3,200,000; 2015 AED 2,550,000; 2016 AED 2,250,000; 2017 AED 2,250,000; 2018 AED 1,750,000; 2019 AED 1,250,000; 2020 AED 1,350,000; 2021 AED 2,052,500; 2022 AED 3,000,000; 2023 AED 3,275,000; 2024 AED 3,775,000; 2025 AED 4,850,000Sold by developer, November 2008: AED 1,031,888 (AED 362 per sqft)Sold, November 2008: AED 4,500,000 (AED 1,579 per sqft)Sold, October 2013: AED 3,340,000 (AED 1,172 per sqft)Sold, March 2024: AED 3,969,699 (AED 1,393 per sqft)

TH248 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH248, each contractTypical three-bed in Al Reem 2
100K200K2012201620202024Typical rent by year: 2012 AED 128,500; 2013 AED 125,750; 2014 AED 152,000; 2015 AED 168,750; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 106,000; 2021 AED 99,724; 2022 AED 120,000; 2023 AED 139,150; 2024 AED 160,011; 2025 AED 168,000; 2026 AED 180,750New contract, June 2024: AED 250,000 a yearRenewal, June 2025: AED 250,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Al Reem 2, and where TH248 sits

All 95 3-beds →

TH248 last sold in March 2024 at AED 1,393 per sqft, 10% above what three-beds in Al Reem 2 were fetching at the time (AED 1,271). Over the last 12 months three-beds sold for AED 5,450,000 to 6,200,000, around AED 2,138 per sqft, and rent for AED 121,000 to 300,000 a year. TH248's AED 250,000 is in the upper half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Dec 20256,200,000
11 Dec 20256,100,000
10 Dec 20255,500,000
9 Dec 20255,450,000
4 3-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 →

TH248, Al Reem 2 in numbers

  • Sold 4 times: first on 5 November 2008 for AED 4,500,000, last on 5 March 2024 for AED 3,969,699 (AED 1,393 per sqft).
  • Rented since June 2024 on 2 Ejari contracts, at AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2024 price is 6.3%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 2 sold for AED 5,450,000–6,200,000 in the 12 months to November 2026; the community's median across all types is AED 2,257 per sqft.

Source: Dubai Land Department. Updated 1 June 2025.

Questions about TH248, Al Reem 2

What did villa TH248 last sell for?

AED 3,969,699 on 5 March 2024: AED 1,393 per sqft for 2,848 sqft. The villa has 4 registered sales; the first was AED 4,500,000 in November 2008.

What is the rent for villa TH248?

AED 250,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 250,000.

How big is villa TH248?

2,848 sqft (264.6 sqm): a three-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH248 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 2 sold for AED 5,450,000 to 6,200,000 in the last 12 months, around AED 2,138 per sqft.

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Mortgage on TH248, Al Reem 2

Starts from the last sale price (AED 3.97M, 5 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,969,699
Deposit, UAE resident (20%)
AED 793,940
Deposit, non-resident (40%)
AED 1,587,880
Monthly over 25 years at 3.7%
AED 16,241

Plus AED 171,737 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →