TH255, Al Reem 2
Sold prices and rental history: sold twice, last in October 2016, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH255, Al Reem 2
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Source: Dubai Land Department. Updated 4 October 2016.
Key facts
- Type
- 6-bed villa
- Size
- 2,841 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 8,700 /yr
- Last sold
- AED 2.66M · October 2016
- Community
- Al Reem 2
About TH255, Al Reem 2
TH255 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 4 October 2016 for AED 2,660,000, or AED 936 per sqft, 3% below the AED 968 six-beds in the community were fetching at the time.
It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 April 2016, is AED 195,000 a year: a gross yield of 7.3% on the 2016 price, before the service charge of about AED 8,700 a year.
Sales and rents for TH255 over time
TH255 has sold twice; the dashed line is the six-bed median of each year in the community.
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 TH255 sits
All 31 6-beds →TH255 last sold in October 2016 at AED 936 per sqft, 3% below what six-beds in Al Reem 2 were fetching at the time (AED 968).
| Recent 6-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20239 May 2023 | 2,841 sqft | 3,300,000 | 1,161 | ||
| 6 Dec 20226 December 2022 | 2,848 sqft | 3,150,000 | 1,105 | ||
| 8 Nov 20228 November 2022 | 2,848 sqft | 3,200,000 | 1,123 | ||
| 7 Sep 20227 September 2022 | 2,841 sqft | 2,700,000 | 950 |
Al Reem 2
Community337 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%
TH255, Al Reem 2 in numbers
- Sold twice: first on 1 June 2009 for AED 1,082,888, last on 4 October 2016 for AED 2,660,000 (AED 936 per sqft).
- Rented since June 2013 on 3 Ejari contracts, from AED 150,000 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2016 price is 7.3%, before a service charge of about AED 8,700 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 4 October 2016.
Questions about TH255, Al Reem 2
What did villa TH255 last sell for?
AED 2,660,000 on 4 October 2016: AED 936 per sqft for 2,841 sqft. The villa has 2 registered sales; the first was AED 1,082,888 in June 2009.
What is the rent for villa TH255?
AED 195,000 a year on the contract renewed on 1 April 2016. The previous contract, from April 2015, was AED 195,000; the villa has been rented since June 2013.
How big is villa TH255?
2,841 sqft (263.9 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.
What is villa TH255 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 TH255, Al Reem 2
Starts from the last sale price (AED 2.66M, 4 October 2016). Switch to today's estimate once you have unlocked it.- Price
- AED 2,660,000
- Deposit, UAE resident (20%)
- AED 532,000
- Deposit, non-resident (40%)
- AED 1,064,000
- Monthly over 25 years at 3.7%
- AED 10,883
Plus AED 116,730 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →