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5-bed · 2,620 sqftAl Reem 2, Arabian Ranches · completed 2007

TH309, Al Reem 2

Sold prices and rental history: sold 3 times, last in December 2016, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH309 · DLD and Ejari recordsUpdated 15 December 2016
Last soldAED 2.59M15 December 2016
Current rentAED 200K /yr10 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH309, Al Reem 2

What is TH309 worth today?

Last sold for AED 2,585,000 in 2016

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15 Dec 2016SoldReady
AED 2,585,000AED 986 per sqft
10 Nov 2014RentedNew contract
AED 200,000/yr24 months · AED 76 per sqft
7 Sep 2013RentedNew contract
AED 180,000/yr12 months · AED 69 per sqft
1 Sep 2012RentedNew contract
AED 140,000/yr12 months · AED 53 per sqft
22 May 2008SoldReady
AED 1,500,000AED 572 per sqft
11 Mar 2008Sold by developerReady
AED 1,400,000AED 534 per sqft

Source: Dubai Land Department. Updated 15 December 2016.

Key facts

Type
5-bed villa
Size
2,620 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,100 /yr
Last sold
AED 2.59M · December 2016
Community
Al Reem 2

About TH309, Al Reem 2

TH309 is a five-bedroom villa of 2,620 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 15 December 2016 for AED 2,585,000, or AED 986 per sqft, 8% above the AED 913 five-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 10 November 2014, is AED 200,000 a year: a gross yield of 7.7% on the 2016 price, before the service charge of about AED 8,100 a year.

Sales and rents for TH309 over time

Sales
Villa TH309, 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, March 2008: AED 1,400,000 (AED 534 per sqft)Sold, May 2008: AED 1,500,000 (AED 572 per sqft)Sold, December 2016: AED 2,585,000 (AED 986 per sqft)

TH309 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH309, 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 225,000New contract, September 2012: AED 140,000 a yearNew contract, September 2013: AED 180,000 a yearNew contract, November 2014: AED 200,000 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 TH309 sits

All 86 5-beds →

TH309 last sold in December 2016 at AED 986 per sqft, 8% above what five-beds in Al Reem 2 were fetching at the time (AED 913). TH309's AED 200,000 is in the lower half 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 →

TH309, Al Reem 2 in numbers

  • Sold 3 times: first on 11 March 2008 for AED 1,400,000, last on 15 December 2016 for AED 2,585,000 (AED 986 per sqft).
  • Rented since September 2012 on 3 Ejari contracts, from AED 140,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2016 price is 7.7%, before a service charge of about AED 8,100 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 15 December 2016.

Questions about TH309, Al Reem 2

What did villa TH309 last sell for?

AED 2,585,000 on 15 December 2016: AED 986 per sqft for 2,620 sqft. The villa has 3 registered sales; the first was AED 1,400,000 in March 2008.

What is the rent for villa TH309?

AED 200,000 a year on the contract signed on 10 November 2014. The previous contract, from September 2013, was AED 180,000; the villa has been rented since September 2012.

How big is villa TH309?

2,620 sqft (243.4 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH309 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 TH309, Al Reem 2

Starts from the last sale price (AED 2.59M, 15 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,585,000
Deposit, UAE resident (20%)
AED 517,000
Deposit, non-resident (40%)
AED 1,034,000
Monthly over 25 years at 3.7%
AED 10,576

Plus AED 113,580 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →