4-bed · 2,552 sqftAl Reem 2, Arabian Ranches · completed 2007

TH284, Al Reem 2

Sold prices and rental history: sold 4 times, last in August 2021, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH284 · DLD and Ejari recordsUpdated 16 August 2021
Last soldAED 2.35M16 August 2021
Current rentAED 125K /yr29 October 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH284, Al Reem 2

What is TH284 worth today?

Last sold for AED 2,350,000 in 2021

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16 Aug 2021SoldReady
AED 2,350,000AED 920 per sqft
29 Oct 2020RentedNew contract
AED 125,000/yr12 months · AED 49 per sqft
19 Jun 2013SoldReady
AED 2,700,000AED 1,058 per sqft
1 Dec 2012RentedNew contract
AED 129,000/yr12 months · AED 51 per sqft
10 Apr 2011SoldReady
AED 1,400,000AED 548 per sqft
18 Sep 2007Sold by developerReady
AED 1,666,500AED 653 per sqft

Source: Dubai Land Department. Updated 16 August 2021.

Key facts

Type
4-bed villa
Size
2,552 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,900 /yr
Last sold
AED 2.35M · August 2021
Community
Al Reem 2

About TH284, Al Reem 2

TH284 is a four-bedroom villa of 2,552 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 16 August 2021 for AED 2,350,000, or AED 920 per sqft, 29% above the AED 712 four-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, signed on 29 October 2020, is AED 125,000 a year: a gross yield of 5.3% on the 2021 price, before the service charge of about AED 7,900 a year.

Sales and rents for TH284 over time

Sales
Villa TH284, each saleTypical four-bed in Al Reem 2
2M2007201220172022Typical sale price by year: 2007 AED 797,882; 2008 AED 979,937; 2009 AED 1,800,000; 2010 AED 1,140,000; 2011 AED 1,017,621; 2012 AED 930,000; 2013 AED 2,575,000; 2014 AED 3,030,000; 2015 AED 2,337,100; 2016 AED 2,300,000; 2017 AED 2,350,000; 2018 AED 1,925,000; 2019 AED 1,700,000; 2020 AED 1,662,500; 2021 AED 2,100,000; 2022 AED 2,425,000; 2023 AED 2,900,000Sold by developer, September 2007: AED 1,666,500 (AED 653 per sqft)Sold, April 2011: AED 1,400,000 (AED 548 per sqft)Sold, June 2013: AED 2,700,000 (AED 1,058 per sqft)Sold, August 2021: AED 2,350,000 (AED 920 per sqft)

TH284 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH284, each contractTypical four-bed in Al Reem 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 170,000; 2015 AED 172,500; 2016 AED 170,000; 2017 AED 151,762; 2018 AED 136,500; 2019 AED 125,000; 2020 AED 108,000; 2021 AED 115,000; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 180,956; 2025 AED 192,000; 2026 AED 200,000New contract, December 2012: AED 129,000 a yearNew contract, October 2020: AED 125,000 a year

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

4-beds in Al Reem 2, and where TH284 sits

All 116 4-beds →

TH284 last sold in August 2021 at AED 920 per sqft, 29% above what four-beds in Al Reem 2 were fetching at the time (AED 712). TH284's AED 125,000 is at the bottom of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
8 Dec 20233,000,000
24 Aug 20233,000,000
10 Aug 20233,400,000
8 Jun 20232,700,000
0 4-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 →

TH284, Al Reem 2 in numbers

  • Sold 4 times: first on 18 September 2007 for AED 1,666,500, last on 16 August 2021 for AED 2,350,000 (AED 920 per sqft).
  • Rented since December 2012 on 2 Ejari contracts, from AED 129,000 to AED 125,000 a year.
  • At AED 125,000 a year the gross yield on the 2021 price is 5.3%, before a service charge of about AED 7,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 16 August 2021.

Questions about TH284, Al Reem 2

What did villa TH284 last sell for?

AED 2,350,000 on 16 August 2021: AED 920 per sqft for 2,552 sqft. The villa has 4 registered sales; the first was AED 1,666,500 in September 2007.

What is the rent for villa TH284?

AED 125,000 a year on the contract signed on 29 October 2020. The previous contract, from December 2012, was AED 129,000.

How big is villa TH284?

2,552 sqft (237.1 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH284 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 TH284, Al Reem 2

Starts from the last sale price (AED 2.35M, 16 August 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,350,000
Deposit, UAE resident (20%)
AED 470,000
Deposit, non-resident (40%)
AED 940,000
Monthly over 25 years at 3.7%
AED 9,615

Plus AED 103,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →