TH299, Al Reem 2
Sold prices and rental history: sold twice, last in July 2022, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH299, Al Reem 2
What is TH299 worth today?
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Source: Dubai Land Department. Updated 4 July 2022.
Key facts
- Type
- 4-bed villa
- Size
- 2,414 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 7,400 /yr
- Last sold
- AED 2.3M · July 2022
- Community
- Al Reem 2
About TH299, Al Reem 2
TH299 is a four-bedroom villa of 2,414 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 4 July 2022 for AED 2,300,000, or AED 952 per sqft, in line with the AED 953 four-beds in the community were fetching at the time.
One Ejari contract is registered, from 11 October 2021. The current contract, signed on 11 October 2021, is AED 240,000 a year: a gross yield of 10.4% on the 2022 price, before the service charge of about AED 7,400 a year.
Sales and rents for TH299 over time
TH299 has sold twice; the dashed line is the four-bed median of each year in the community.
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 TH299 sits
All 116 4-beds →TH299 last sold in July 2022 at AED 952 per sqft, in line with what four-beds in Al Reem 2 were fetching at the time (AED 953). TH299's AED 240,000 is at the top of that range.
| Recent 4-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Dec 20238 December 2023 | 2,514 sqft | 3,000,000 | 1,193 | ||
| 24 Aug 202324 August 2023 | 2,518 sqft | 3,000,000 | 1,191 | ||
| 10 Aug 202310 August 2023 | 2,411 sqft | 3,400,000 | 1,410 | ||
| 8 Jun 20238 June 2023 | 2,411 sqft | 2,700,000 | 1,119 |
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%
TH299, Al Reem 2 in numbers
- Sold twice: first on 24 April 2008 for AED 864,045, last on 4 July 2022 for AED 2,300,000 (AED 952 per sqft).
- Rented since October 2021 on one Ejari contract, at AED 240,000 a year.
- At AED 240,000 a year the gross yield on the 2022 price is 10.4%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 4 July 2022.
Questions about TH299, Al Reem 2
What did villa TH299 last sell for?
AED 2,300,000 on 4 July 2022: AED 952 per sqft for 2,414 sqft. The villa has 2 registered sales; the first was AED 864,045 in April 2008.
What is the rent for villa TH299?
AED 240,000 a year on the contract signed on 11 October 2021.
How big is villa TH299?
2,414 sqft (224.3 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.
What is villa TH299 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 TH299, Al Reem 2
Starts from the last sale price (AED 2.3M, 4 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →