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4-bed · 2,514 sqftAl Reem 2, Arabian Ranches · completed 2007

TH293, Al Reem 2

Sold prices and rental history: sold 4 times, last in December 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH293 · DLD and Ejari recordsUpdated 9 June 2023
Last soldAED 2.11M23 December 2021
Current rentAED 450K /yr9 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH293, Al Reem 2

What is TH293 worth today?

Last sold for AED 2,110,000 in 2021

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9 Jun 2023RentedNew contract · flagged as an outlier
AED 450,000/yr12 months · AED 179 per sqft
15 Apr 2023RentedNew contract
AED 235,000/yr12 months · AED 93 per sqft
23 Dec 2021SoldReady
AED 2,110,000AED 839 per sqft
15 Jul 2021RentedRenewal
AED 100,800/yr12 months · AED 40 per sqft
15 Jul 2020RentedNew contract
AED 96,000/yr12 months · AED 38 per sqft
21 Oct 2019SoldReady
AED 1,700,000AED 676 per sqft
3 Feb 2019SoldReady
AED 1,000,000AED 397 per sqft
1 Feb 2019RentedNew contract
AED 110,000/yr12 months · AED 44 per sqft

Source: Dubai Land Department. Updated 9 June 2023.

Key facts

Type
4-bed villa
Size
2,514 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,700 /yr
Last sold
AED 2.11M · December 2021
Community
Al Reem 2

About TH293, Al Reem 2

TH293 is a four-bedroom villa of 2,514 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 23 December 2021 for AED 2,110,000, or AED 839 per sqft, in line with the AED 839 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 9 June 2023, is AED 450,000 a year: a gross yield of 21.3% on the 2021 price, before the service charge of about AED 7,700 a year.

Sales and rents for TH293 over time

Sales
Villa TH293, 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, February 2012: AED 866,317 (AED 344 per sqft)Sold, February 2019: AED 1,000,000 (AED 397 per sqft)Sold, October 2019: AED 1,700,000 (AED 676 per sqft)Sold, December 2021: AED 2,110,000 (AED 839 per sqft)

TH293 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH293, each contractTypical four-bed in Al Reem 2
100K200K2012201620202024Typical 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, November 2013: AED 150,000 a yearRenewal, November 2014: AED 172,500 a yearRenewal, November 2015: AED 172,500 a yearNew contract, February 2019: AED 110,000 a yearNew contract, July 2020: AED 96,000 a yearRenewal, July 2021: AED 100,800 a yearNew contract, April 2023: AED 235,000 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 TH293 sits

All 116 4-beds →

TH293 last sold in December 2021 at AED 839 per sqft, in line with what four-beds in Al Reem 2 were fetching at the time (AED 839). TH293's AED 450,000 is at the top 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 →

TH293, Al Reem 2 in numbers

  • Sold 4 times: first on 8 February 2012 for AED 866,317, last on 23 December 2021 for AED 2,110,000 (AED 839 per sqft).
  • Rented since November 2013 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 96,000 in 2020 and recovered to AED 450,000 by June 2023.
  • At AED 450,000 a year the gross yield on the 2021 price is 21.3%, before a service charge of about AED 7,700 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 9 June 2023.

Questions about TH293, Al Reem 2

What did villa TH293 last sell for?

AED 2,110,000 on 23 December 2021: AED 839 per sqft for 2,514 sqft. The villa has 4 registered sales; the first was AED 866,317 in February 2012.

What is the rent for villa TH293?

AED 450,000 a year on the contract signed on 9 June 2023. The previous contract, from April 2023, was AED 235,000; the villa has been rented since November 2013.

How big is villa TH293?

2,514 sqft (233.6 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH293 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 TH293, Al Reem 2

Starts from the last sale price (AED 2.11M, 23 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,110,000
Deposit, UAE resident (20%)
AED 422,000
Deposit, non-resident (40%)
AED 844,000
Monthly over 25 years at 3.7%
AED 8,633

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