6-bed · 2,841 sqftAl Reem 2, Arabian Ranches · completed 2007

TH313, Al Reem 2

Sold prices and rental history: sold 4 times, last in April 2020, and rented once, from August 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH313 · DLD and Ejari recordsUpdated 29 April 2020
Last soldAED 2.19M29 April 2020
Current rentAED 180K /yr1 August 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH313, Al Reem 2

What is TH313 worth today?

Last sold for AED 2,190,000 in 2020

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29 Apr 2020SoldReady
AED 2,190,000AED 770 per sqft
11 Jun 2014SoldReady
AED 3,775,000AED 1,328 per sqft
1 Aug 2013RentedNew contract
AED 180,000/yr12 months · AED 63 per sqft
7 May 2008Sold by developerReady
AED 968,974AED 341 per sqft
7 May 2008SoldReady
AED 2,700,000AED 950 per sqft

Source: Dubai Land Department. Updated 29 April 2020.

Key facts

Type
6-bed villa
Size
2,841 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,700 /yr
Last sold
AED 2.19M · April 2020
Community
Al Reem 2

About TH313, Al Reem 2

TH313 is a six-bedroom villa of 2,841 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 29 April 2020 for AED 2,190,000, or AED 770 per sqft, in line with the AED 772 six-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 August 2013. The current contract, signed on 1 August 2013, is AED 180,000 a year: a gross yield of 8.2% on the 2020 price, before the service charge of about AED 8,700 a year.

Sales and rents for TH313 over time

Sales
Villa TH313, each saleTypical six-bed in Al Reem 2
2M4M20072011201520192023Typical sale price by year: 2007 AED 611,222; 2008 AED 1,037,888; 2009 AED 1,082,888; 2010 AED 1,375,000; 2012 AED 2,125,000; 2014 AED 3,425,000; 2015 AED 2,750,000; 2016 AED 2,775,000; 2018 AED 2,012,500; 2020 AED 2,190,000; 2021 AED 2,550,000; 2022 AED 3,150,000Sold by developer, May 2008: AED 968,974 (AED 341 per sqft)Sold, May 2008: AED 2,700,000 (AED 950 per sqft)Sold, June 2014: AED 3,775,000 (AED 1,328 per sqft)Sold, April 2020: AED 2,190,000 (AED 770 per sqft)

TH313 has sold 4 times; the dashed line is the six-bed median of each year in the community.

Rents
Villa TH313, each contractTypical six-bed in Al Reem 2
150K200K2012201620202024Typical rent by year: 2012 AED 150,000; 2013 AED 167,500; 2014 AED 182,500; 2015 AED 200,000; 2016 AED 185,000; 2017 AED 170,000; 2018 AED 140,000; 2019 AED 139,612; 2020 AED 130,000; 2021 AED 128,000; 2022 AED 150,000; 2023 AED 170,750; 2024 AED 200,000; 2025 AED 220,000New contract, August 2013: AED 180,000 a year

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

6-beds in Al Reem 2, and where TH313 sits

All 31 6-beds →

TH313 last sold in April 2020 at AED 770 per sqft, in line with what six-beds in Al Reem 2 were fetching at the time (AED 772).

Recent 6-bed salesVilla no.Price (AED)Summary
9 May 20233,300,000
6 Dec 20223,150,000
8 Nov 20223,200,000
7 Sep 20222,700,000
0 6-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 →

TH313, Al Reem 2 in numbers

  • Sold 4 times: first on 7 May 2008 for AED 2,700,000, last on 29 April 2020 for AED 2,190,000 (AED 770 per sqft).
  • Rented since August 2013 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2020 price is 8.2%, before a service charge of about AED 8,700 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 29 April 2020.

Questions about TH313, Al Reem 2

What did villa TH313 last sell for?

AED 2,190,000 on 29 April 2020: AED 770 per sqft for 2,841 sqft. The villa has 4 registered sales; the first was AED 2,700,000 in May 2008.

What is the rent for villa TH313?

AED 180,000 a year on the contract signed on 1 August 2013.

How big is villa TH313?

2,841 sqft (263.9 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH313 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 TH313, Al Reem 2

Starts from the last sale price (AED 2.19M, 29 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,190,000
Deposit, UAE resident (20%)
AED 438,000
Deposit, non-resident (40%)
AED 876,000
Monthly over 25 years at 3.7%
AED 8,960

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →