TH320, Al Reem 2
Sold prices and rental history: sold 3 times, last in July 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH320, Al Reem 2
What is TH320 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 21 July 2022.
Key facts
- Type
- 6-bed villa
- Size
- 2,848 sqft
- Developer
- Emaar
- Completed
- 2007
- Service charge
- AED 8,800 /yr
- Last sold
- AED 2.95M · July 2022
- Community
- Al Reem 2
About TH320, Al Reem 2
TH320 is a six-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 21 July 2022 for AED 2,950,000, or AED 1,035 per sqft, in line with the AED 1,035 six-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 30 October 2021, is AED 160,000 a year: a gross yield of 5.4% on the 2022 price, before the service charge of about AED 8,800 a year.
Sales and rents for TH320 over time
TH320 has sold 3 times; the dashed line is the six-bed median of each year in the community.
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 TH320 sits
All 31 6-beds →TH320 last sold in July 2022 at AED 1,035 per sqft, in line with what six-beds in Al Reem 2 were fetching at the time (AED 1,035).
| Recent 6-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 May 20239 May 2023 | 2,841 sqft | 3,300,000 | 1,161 | ||
| 6 Dec 20226 December 2022 | 2,848 sqft | 3,150,000 | 1,105 | ||
| 8 Nov 20228 November 2022 | 2,848 sqft | 3,200,000 | 1,123 | ||
| 7 Sep 20227 September 2022 | 2,841 sqft | 2,700,000 | 950 |
Al Reem 2
Community337 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%
TH320, Al Reem 2 in numbers
- Sold 3 times: first on 20 October 2008 for AED 1,078,122, last on 21 July 2022 for AED 2,950,000 (AED 1,035 per sqft).
- Rented since September 2013 on 8 Ejari contracts. The rent fell from AED 210,000 to AED 125,000 in 2020 and recovered to AED 160,000 by October 2021.
- At AED 160,000 a year the gross yield on the 2022 price is 5.4%, before a service charge of about AED 8,800 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 21 July 2022.
Questions about TH320, Al Reem 2
What did villa TH320 last sell for?
AED 2,950,000 on 21 July 2022: AED 1,035 per sqft for 2,848 sqft. The villa has 3 registered sales; the first was AED 1,078,122 in October 2008.
What is the rent for villa TH320?
AED 160,000 a year on the contract signed on 30 October 2021. The previous contract, from October 2020, was AED 125,000; the villa has been rented since September 2013.
How big is villa TH320?
2,848 sqft (264.6 sqm): a six-bedroom villa in Al Reem 2, completed in 2007.
What is villa TH320 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling TH320? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on TH320, Al Reem 2
Starts from the last sale price (AED 2.95M, 21 July 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,950,000
- Deposit, UAE resident (20%)
- AED 590,000
- Deposit, non-resident (40%)
- AED 1,180,000
- Monthly over 25 years at 3.7%
- AED 12,069
Plus AED 128,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →