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5-bed · 2,663 sqftAl Reem 2, Arabian Ranches · completed 2007

TH304, Al Reem 2

Sold prices and rental history: sold 6 times, last in June 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH304 · DLD and Ejari recordsUpdated 22 June 2021
Last soldAED 2.6M22 June 2021
Current rentAED 140K /yr24 January 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH304, Al Reem 2

What is TH304 worth today?

Last sold for AED 2,600,000 in 2021

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22 Jun 2021SoldReady
AED 2,600,000AED 976 per sqft
14 Mar 2019SoldReady
AED 1,850,000AED 694 per sqft
24 Jan 2018RentedNew contract
AED 140,000/yr12 months · AED 53 per sqft
14 Dec 2017SoldReady
AED 2,200,000AED 826 per sqft
7 Sep 2016RentedRenewal
AED 185,000/yr12 months · AED 69 per sqft
7 Sep 2015RentedNew contract
AED 185,000/yr12 months · AED 69 per sqft
8 Feb 2015RentedRenewal
AED 196,255/yr5 months · AED 74 per sqft
12 Jun 2014SoldReady
AED 1,550,000AED 582 per sqft

Source: Dubai Land Department. Updated 22 June 2021.

Key facts

Type
5-bed villa
Size
2,663 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,200 /yr
Last sold
AED 2.6M · June 2021
Community
Al Reem 2

About TH304, Al Reem 2

TH304 is a five-bedroom villa of 2,663 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 22 June 2021 for AED 2,600,000, or AED 976 per sqft, 42% above the AED 686 five-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 24 January 2018, is AED 140,000 a year: a gross yield of 5.4% on the 2021 price, before the service charge of about AED 8,200 a year.

Sales and rents for TH304 over time

Sales
Villa TH304, each saleTypical five-bed in Al Reem 2
2M2007201220172022Typical sale price by year: 2007 AED 950,000; 2008 AED 1,350,000; 2009 AED 1,335,000; 2010 AED 1,565,944; 2011 AED 1,337,582; 2012 AED 1,810,000; 2013 AED 2,925,000; 2014 AED 2,850,000; 2015 AED 1,475,000; 2016 AED 2,492,500; 2017 AED 2,397,500; 2018 AED 2,085,000; 2019 AED 1,950,000; 2020 AED 1,725,000; 2021 AED 2,600,000; 2022 AED 3,300,000; 2023 AED 3,175,000Sold by developer, June 2010: AED 997,888 (AED 374 per sqft)Sold, June 2010: AED 1,800,000 (AED 675 per sqft)Sold, June 2014: AED 1,550,000 (AED 582 per sqft)Sold, December 2017: AED 2,200,000 (AED 826 per sqft)Sold, March 2019: AED 1,850,000 (AED 694 per sqft)Sold, June 2021: AED 2,600,000 (AED 976 per sqft)

TH304 has sold 6 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH304, each contractTypical five-bed in Al Reem 2
150K200K20112015201920232027Typical rent by year: 2011 AED 135,000; 2012 AED 150,000; 2013 AED 175,000; 2014 AED 190,000; 2015 AED 190,000; 2016 AED 190,000; 2017 AED 160,000; 2018 AED 155,000; 2019 AED 140,000; 2020 AED 120,000; 2021 AED 130,000; 2022 AED 149,500; 2023 AED 175,000; 2024 AED 200,000; 2025 AED 210,000; 2026 AED 225,000Renewal, February 2015: AED 196,255 a yearNew contract, September 2015: AED 185,000 a yearRenewal, September 2016: AED 185,000 a yearNew contract, January 2018: AED 140,000 a year

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

5-beds in Al Reem 2, and where TH304 sits

All 86 5-beds →

TH304 last sold in June 2021 at AED 976 per sqft, 42% above what five-beds in Al Reem 2 were fetching at the time (AED 686). TH304's AED 140,000 is at the bottom of that range.

Recent 5-bed salesVilla no.Price (AED)Summary
28 Sep 20233,300,000
19 Jun 20233,250,000
17 Apr 20233,100,000
11 Apr 20232,850,000
0 5-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 →

TH304, Al Reem 2 in numbers

  • Sold 6 times: first on 15 June 2010 for AED 1,800,000, last on 22 June 2021 for AED 2,600,000 (AED 976 per sqft).
  • Rented since February 2015 on 4 Ejari contracts, from AED 196,255 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2021 price is 5.4%, before a service charge of about AED 8,200 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 22 June 2021.

Questions about TH304, Al Reem 2

What did villa TH304 last sell for?

AED 2,600,000 on 22 June 2021: AED 976 per sqft for 2,663 sqft. The villa has 6 registered sales; the first was AED 1,800,000 in June 2010.

What is the rent for villa TH304?

AED 140,000 a year on the contract signed on 24 January 2018. The previous contract, from September 2016, was AED 185,000; the villa has been rented since February 2015.

How big is villa TH304?

2,663 sqft (247.4 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH304 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 TH304, Al Reem 2

Starts from the last sale price (AED 2.6M, 22 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →