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4-bed · 2,418 sqftAl Reem 2, Arabian Ranches · completed 2007

TH294, Al Reem 2

Sold prices and rental history: sold twice, last in June 2023, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH294 · DLD and Ejari recordsUpdated 7 June 2023
Last soldAED 2.75M7 June 2023
Current rentAED 100K /yr15 October 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH294, Al Reem 2

What is TH294 worth today?

Last sold for AED 2,750,000 in 2023

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7 Jun 2023SoldReady
AED 2,750,000AED 1,137 per sqft
15 Oct 2022RentedNew contract
AED 100,000/yr12 months · AED 41 per sqft
15 Oct 2019RentedNew contract
AED 100,000/yr12 months · AED 41 per sqft
5 Sep 2018RentedRenewal
AED 140,000/yr12 months · AED 58 per sqft
5 Sep 2017RentedNew contract
AED 140,000/yr12 months · AED 58 per sqft
5 Jul 2016RentedRenewal
AED 139,150/yr12 months · AED 58 per sqft
5 Jul 2014RentedNew contract
AED 126,500/yr12 months · AED 52 per sqft
24 Mar 2009Sold by developerReady
AED 1,225,000AED 506 per sqft

Source: Dubai Land Department. Updated 7 June 2023.

Key facts

Type
4-bed villa
Size
2,418 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 2.75M · June 2023
Community
Al Reem 2

About TH294, Al Reem 2

TH294 is a four-bedroom villa of 2,418 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 7 June 2023 for AED 2,750,000, or AED 1,137 per sqft, 6% above the AED 1,072 four-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 15 October 2022, is AED 100,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH294 over time

Sales
Villa TH294, 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, March 2009: AED 1,225,000 (AED 506 per sqft)Sold, June 2023: AED 2,750,000 (AED 1,137 per sqft)

TH294 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH294, 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, July 2014: AED 126,500 a yearRenewal, July 2016: AED 139,150 a yearNew contract, September 2017: AED 140,000 a yearRenewal, September 2018: AED 140,000 a yearNew contract, October 2019: AED 100,000 a yearNew contract, October 2022: AED 100,000 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 TH294 sits

All 116 4-beds →

TH294 last sold in June 2023 at AED 1,137 per sqft, 6% above what four-beds in Al Reem 2 were fetching at the time (AED 1,072). TH294's AED 100,000 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 →

TH294, Al Reem 2 in numbers

  • Sold twice: first on 24 March 2009 for AED 1,225,000, last on 7 June 2023 for AED 2,750,000 (AED 1,137 per sqft).
  • Rented since July 2014 on 6 Ejari contracts, from AED 126,500 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 7 June 2023.

Questions about TH294, Al Reem 2

What did villa TH294 last sell for?

AED 2,750,000 on 7 June 2023: AED 1,137 per sqft for 2,418 sqft. The villa has 2 registered sales; the first was AED 1,225,000 in March 2009.

What is the rent for villa TH294?

AED 100,000 a year on the contract signed on 15 October 2022. The previous contract, from October 2019, was AED 100,000; the villa has been rented since July 2014.

How big is villa TH294?

2,418 sqft (224.6 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH294 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 TH294, Al Reem 2

Starts from the last sale price (AED 2.75M, 7 June 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,750,000
Deposit, UAE resident (20%)
AED 550,000
Deposit, non-resident (40%)
AED 1,100,000
Monthly over 25 years at 3.7%
AED 11,251

Plus AED 120,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →