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6-bed · 2,841 sqftAl Reem 2, Arabian Ranches · completed 2007

TH249, Al Reem 2

Sold prices and rental history: sold 3 times, last in September 2019, and rented once, from May 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH249 · DLD and Ejari recordsUpdated 29 September 2019
Last soldAED 2.2M29 September 2019
Current rentAED 135K /yr24 May 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH249, Al Reem 2

What is TH249 worth today?

Last sold for AED 2,200,000 in 2019

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29 Sep 2019SoldReady
AED 2,200,000AED 774 per sqft
24 May 2012SoldReady
AED 2,100,000AED 739 per sqft
24 May 2012RentedNew contract
AED 135,000/yr10 months · AED 48 per sqft
30 Jun 2010Sold by developerReady
AED 1,058,888AED 372 per sqft

Source: Dubai Land Department. Updated 29 September 2019.

Key facts

Type
6-bed villa
Size
2,841 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,700 /yr
Last sold
AED 2.2M · September 2019
Community
Al Reem 2

About TH249, Al Reem 2

TH249 is a six-bedroom villa of 2,841 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 29 September 2019 for AED 2,200,000, or AED 774 per sqft.

One Ejari contract is registered, from 24 May 2012. The current contract, signed on 24 May 2012, is AED 135,000 a year: a gross yield of 6.1% on the 2019 price, before the service charge of about AED 8,700 a year.

Sales and rents for TH249 over time

Sales
Villa TH249, each saleTypical six-bed in Al Reem 2
2M20072011201520192023Typical sale price by year: 2007 AED 611,222; 2008 AED 1,037,888; 2009 AED 1,082,888; 2010 AED 1,375,000; 2012 AED 2,125,000; 2014 AED 3,425,000; 2015 AED 2,750,000; 2016 AED 2,775,000; 2018 AED 2,012,500; 2020 AED 2,190,000; 2021 AED 2,550,000; 2022 AED 3,150,000Sold by developer, June 2010: AED 1,058,888 (AED 372 per sqft)Sold, May 2012: AED 2,100,000 (AED 739 per sqft)Sold, September 2019: AED 2,200,000 (AED 774 per sqft)

TH249 has sold 3 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH249, each contractTypical six-bed in Al Reem 2
150K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 167,500; 2014 AED 182,500; 2015 AED 200,000; 2016 AED 185,000; 2017 AED 170,000; 2018 AED 140,000; 2019 AED 139,612; 2020 AED 130,000; 2021 AED 128,000; 2022 AED 150,000; 2023 AED 170,750; 2024 AED 200,000; 2025 AED 220,000New contract, May 2012: AED 135,000 a year

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

6-beds in Al Reem 2, and where TH249 sits

All 31 6-beds →
Recent 6-bed salesVilla no.Price (AED)Summary
9 May 20233,300,000
6 Dec 20223,150,000
8 Nov 20223,200,000
7 Sep 20222,700,000
0 6-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 →

TH249, Al Reem 2 in numbers

  • Sold 3 times: first on 30 June 2010 for AED 1,058,888, last on 29 September 2019 for AED 2,200,000 (AED 774 per sqft).
  • Rented since May 2012 on one Ejari contract, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2019 price is 6.1%, before a service charge of about AED 8,700 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 29 September 2019.

Questions about TH249, Al Reem 2

What did villa TH249 last sell for?

AED 2,200,000 on 29 September 2019: AED 774 per sqft for 2,841 sqft. The villa has 3 registered sales; the first was AED 1,058,888 in June 2010.

What is the rent for villa TH249?

AED 135,000 a year on the contract signed on 24 May 2012.

How big is villa TH249?

2,841 sqft (263.9 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH249 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 TH249, Al Reem 2

Starts from the last sale price (AED 2.2M, 29 September 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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