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5-bed · 2,622 sqftAl Reem 2, Arabian Ranches · completed 2007

TH319, Al Reem 2

Sold prices and rental history: sold 3 times, last in June 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH319 · DLD and Ejari recordsUpdated 1 July 2016
Last soldAED 1.29M26 June 2016
Current rentAED 200K /yr1 July 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH319, Al Reem 2

What is TH319 worth today?

Last sold for AED 1,287,500 in 2016

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1 Jul 2016RentedNew contract
AED 200,000/yr12 months · AED 76 per sqft
26 Jun 2016SoldReady
AED 1,287,500AED 491 per sqft
1 Jul 2015RentedRenewal
AED 200,000/yr12 months · AED 76 per sqft
15 Apr 2014RentedNew contract
AED 199,528/yr15 months · AED 76 per sqft
15 Apr 2013RentedNew contract
AED 172,000/yr12 months · AED 66 per sqft
5 Aug 2008SoldReady
AED 3,450,000AED 1,315 per sqft
2 Oct 2007Sold by developerReady
AED 950,000AED 362 per sqft

Source: Dubai Land Department. Updated 1 July 2016.

Key facts

Type
5-bed villa
Size
2,622 sqft
Developer
Emaar
Completed
2007
Service charge
AED 8,100 /yr
Last sold
AED 1.29M · June 2016
Community
Al Reem 2

About TH319, Al Reem 2

TH319 is a five-bedroom villa of 2,622 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 26 June 2016 for AED 1,287,500, or AED 491 per sqft, 28% below the AED 684 five-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 July 2016, is AED 200,000 a year: a gross yield of 15.5% on the 2016 price, before the service charge of about AED 8,100 a year.

Sales and rents for TH319 over time

Sales
Villa TH319, 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, October 2007: AED 950,000 (AED 362 per sqft)Sold, August 2008: AED 3,450,000 (AED 1,315 per sqft)Sold, June 2016: AED 1,287,500 (AED 491 per sqft)

TH319 has sold 3 times; the dashed line is the five-bed median of each year in the community.

Rents
Villa TH319, 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, April 2013: AED 172,000 a yearNew contract, April 2014: AED 199,528 a yearRenewal, July 2015: AED 200,000 a yearNew contract, July 2016: 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 TH319 sits

All 86 5-beds →

TH319 last sold in June 2016 at AED 491 per sqft, 28% below what five-beds in Al Reem 2 were fetching at the time (AED 684). TH319'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 →

TH319, Al Reem 2 in numbers

  • Sold 3 times: first on 2 October 2007 for AED 950,000, last on 26 June 2016 for AED 1,287,500 (AED 491 per sqft).
  • Rented since April 2013 on 4 Ejari contracts, from AED 172,000 to AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2016 price is 15.5%, before a service charge of about AED 8,100 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 July 2016.

Questions about TH319, Al Reem 2

What did villa TH319 last sell for?

AED 1,287,500 on 26 June 2016: AED 491 per sqft for 2,622 sqft. The villa has 3 registered sales; the first was AED 950,000 in October 2007.

What is the rent for villa TH319?

AED 200,000 a year on the contract signed on 1 July 2016. The previous contract, from July 2015, was AED 200,000; the villa has been rented since April 2013.

How big is villa TH319?

2,622 sqft (243.6 sqm): a five-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH319 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 TH319, Al Reem 2

Starts from the last sale price (AED 1.29M, 26 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,287,500
Deposit, UAE resident (20%)
AED 257,500
Deposit, non-resident (40%)
AED 515,000
Monthly over 25 years at 3.7%
AED 5,268

Plus AED 59,085 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →