3-bed · 2,848 sqftAl Reem 2, Arabian Ranches · completed 2007

TH306, Al Reem 2

Sold prices and rental history: sold twice, last in April 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH306 · DLD and Ejari recordsUpdated 26 April 2023
Last soldAED 3.3M26 April 2023
Current rentAED 142K /yr11 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH306, Al Reem 2

What is TH306 worth today?

Last sold for AED 3,300,000 in 2023

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26 Apr 2023SoldReady
AED 3,300,000AED 1,158 per sqft
11 Sep 2022RentedRenewal
AED 141,750/yr12 months · AED 50 per sqft
11 Sep 2021RentedRenewal
AED 135,000/yr12 months · AED 47 per sqft
11 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 42 per sqft
25 Jul 2019RentedRenewal
AED 163,000/yr12 months · AED 57 per sqft
25 Jul 2018RentedRenewal
AED 163,000/yr12 months · AED 57 per sqft
5 Aug 2016RentedRenewal
AED 190,000/yr12 months · AED 67 per sqft
5 Aug 2014RentedNew contract
AED 210,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 26 April 2023.

Key facts

Type
3-bed villa
Size
2,848 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,800 /yr
Last sold
AED 3.3M · April 2023
Community
Al Reem 2

About TH306, Al Reem 2

TH306 is a three-bedroom villa of 2,848 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 26 April 2023 for AED 3,300,000, or AED 1,158 per sqft, in line with the AED 1,158 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 8 Ejari contracts. The current contract, renewed on 11 September 2022, is AED 141,750 a year: a gross yield of 4.3% on the 2023 price, before the service charge of about AED 8,800 a year.

Sales and rents for TH306 over time

Sales
Villa TH306, each saleTypical three-bed in Al Reem 2
2M4M2007201220172022Typical sale price by year: 2007 AED 778,891; 2008 AED 1,132,369; 2009 AED 968,888; 2010 AED 1,537,500; 2011 AED 900,000; 2012 AED 1,660,000; 2013 AED 2,147,500; 2014 AED 3,200,000; 2015 AED 2,550,000; 2016 AED 2,250,000; 2017 AED 2,250,000; 2018 AED 1,750,000; 2019 AED 1,250,000; 2020 AED 1,350,000; 2021 AED 2,052,500; 2022 AED 3,000,000; 2023 AED 3,275,000; 2024 AED 3,775,000; 2025 AED 4,850,000Sold by developer, June 2010: AED 2,700,000 (AED 947 per sqft)Sold, April 2023: AED 3,300,000 (AED 1,158 per sqft)

TH306 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH306, each contractTypical three-bed in Al Reem 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 128,500; 2013 AED 125,750; 2014 AED 152,000; 2015 AED 168,750; 2016 AED 150,000; 2017 AED 140,000; 2018 AED 120,000; 2019 AED 115,000; 2020 AED 106,000; 2021 AED 99,724; 2022 AED 120,000; 2023 AED 139,150; 2024 AED 160,011; 2025 AED 168,000; 2026 AED 180,750New contract, August 2012: AED 150,000 a yearNew contract, August 2014: AED 210,000 a yearRenewal, August 2016: AED 190,000 a yearRenewal, July 2018: AED 163,000 a yearRenewal, July 2019: AED 163,000 a yearNew contract, September 2020: AED 120,000 a yearRenewal, September 2021: AED 135,000 a yearRenewal, September 2022: AED 141,750 a year

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

3-beds in Al Reem 2, and where TH306 sits

All 95 3-beds →

TH306 last sold in April 2023 at AED 1,158 per sqft, in line with what three-beds in Al Reem 2 were fetching at the time (AED 1,158). Over the last 12 months three-beds sold for AED 5,450,000 to 6,200,000, around AED 2,138 per sqft, and rent for AED 121,000 to 300,000 a year. TH306's AED 141,750 is in the lower half of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
29 Dec 20256,200,000
11 Dec 20256,100,000
10 Dec 20255,500,000
9 Dec 20255,450,000
4 3-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 →

TH306, Al Reem 2 in numbers

  • Sold twice: first on 21 June 2010 for AED 2,700,000, last on 26 April 2023 for AED 3,300,000 (AED 1,158 per sqft).
  • Rented since August 2012 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 120,000 in 2020 and recovered to AED 141,750 by September 2022.
  • At AED 141,750 a year the gross yield on the 2023 price is 4.3%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).
  • Three-beds in Al Reem 2 sold for AED 5,450,000–6,200,000 in the 12 months to November 2026; the community's median across all types is AED 2,257 per sqft.

Source: Dubai Land Department. Updated 26 April 2023.

Questions about TH306, Al Reem 2

What did villa TH306 last sell for?

AED 3,300,000 on 26 April 2023: AED 1,158 per sqft for 2,848 sqft. The villa has 2 registered sales; the first was AED 2,700,000 in June 2010.

What is the rent for villa TH306?

AED 141,750 a year on the contract renewed on 11 September 2022. The previous contract, from September 2021, was AED 135,000; the villa has been rented since August 2012.

How big is villa TH306?

2,848 sqft (264.6 sqm): a three-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Al Reem 2 sold for AED 5,450,000 to 6,200,000 in the last 12 months, around AED 2,138 per sqft.

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Mortgage on TH306, Al Reem 2

Starts from the last sale price (AED 3.3M, 26 April 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,300,000
Deposit, UAE resident (20%)
AED 660,000
Deposit, non-resident (40%)
AED 1,320,000
Monthly over 25 years at 3.7%
AED 13,501

Plus AED 143,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →