Home
Dubai prices
About
Research
4-bed · 2,414 sqftAl Reem 2, Arabian Ranches · completed 2007

TH323, Al Reem 2

Sold prices and rental history: sold 4 times, last in July 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH323 · DLD and Ejari recordsUpdated 4 July 2019
Last soldAED 1.8M4 July 2019
Current rentAED 173K /yr20 September 2016
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH323

Property timeline for TH323, Al Reem 2

What is TH323 worth today?

Last sold for AED 1,800,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

4 Jul 2019SoldReady
AED 1,800,000AED 745 per sqft
28 Apr 2019SoldReady
AED 1,610,000AED 666 per sqft
20 Sep 2016RentedRenewal
AED 172,500/yr12 months · AED 71 per sqft
20 Sep 2015RentedRenewal
AED 172,500/yr12 months · AED 71 per sqft
20 Sep 2014RentedNew contract
AED 172,500/yr12 months · AED 71 per sqft
20 Sep 2013RentedNew contract
AED 150,000/yr12 months · AED 62 per sqft
16 Jul 2008Sold by developerReady
AED 1,400,000AED 579 per sqft
16 Jul 2008SoldReady
AED 3,150,000AED 1,304 per sqft

Source: Dubai Land Department. Updated 4 July 2019.

Key facts

Type
4-bed villa
Size
2,414 sqft
Developer
Emaar
Completed
2007
Service charge
AED 7,400 /yr
Last sold
AED 1.8M · July 2019
Community
Al Reem 2

About TH323, Al Reem 2

TH323 is a four-bedroom villa of 2,414 sqft in Al Reem 2, a villa community in Arabian Ranches completed in 2007 by Emaar. It last sold on 4 July 2019 for AED 1,800,000, or AED 745 per sqft, 7% above the AED 695 four-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 20 September 2016, is AED 172,500 a year: a gross yield of 9.6% on the 2019 price, before the service charge of about AED 7,400 a year.

Sales and rents for TH323 over time

Sales
Villa TH323, each saleTypical four-bed in Al Reem 2
2M2007201220172022Typical sale price by year: 2007 AED 797,882; 2008 AED 979,937; 2009 AED 1,800,000; 2010 AED 1,140,000; 2011 AED 1,017,621; 2012 AED 930,000; 2013 AED 2,575,000; 2014 AED 3,030,000; 2015 AED 2,337,100; 2016 AED 2,300,000; 2017 AED 2,350,000; 2018 AED 1,925,000; 2019 AED 1,700,000; 2020 AED 1,662,500; 2021 AED 2,100,000; 2022 AED 2,425,000; 2023 AED 2,900,000Sold by developer, July 2008: AED 1,400,000 (AED 579 per sqft)Sold, July 2008: AED 3,150,000 (AED 1,304 per sqft)Sold, April 2019: AED 1,610,000 (AED 666 per sqft)Sold, July 2019: AED 1,800,000 (AED 745 per sqft)

TH323 has sold 4 times; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH323, each contractTypical four-bed in Al Reem 2
100K150K200K2012201620202024Typical rent by year: 2012 AED 130,000; 2013 AED 145,000; 2014 AED 170,000; 2015 AED 172,500; 2016 AED 170,000; 2017 AED 151,762; 2018 AED 136,500; 2019 AED 125,000; 2020 AED 108,000; 2021 AED 115,000; 2022 AED 135,000; 2023 AED 160,000; 2024 AED 180,956; 2025 AED 192,000; 2026 AED 200,000New contract, September 2013: AED 150,000 a yearNew contract, September 2014: AED 172,500 a yearRenewal, September 2015: AED 172,500 a yearRenewal, September 2016: AED 172,500 a year

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

4-beds in Al Reem 2, and where TH323 sits

All 116 4-beds →

TH323 last sold in July 2019 at AED 745 per sqft, 7% above what four-beds in Al Reem 2 were fetching at the time (AED 695). TH323's AED 172,500 is in the lower half of that range.

Recent 4-bed salesVilla no.Price (AED)Summary
8 Dec 20233,000,000
24 Aug 20233,000,000
10 Aug 20233,400,000
8 Jun 20232,700,000
0 4-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 →

TH323, Al Reem 2 in numbers

  • Sold 4 times: first on 16 July 2008 for AED 3,150,000, last on 4 July 2019 for AED 1,800,000 (AED 745 per sqft).
  • Rented since September 2013 on 4 Ejari contracts, from AED 150,000 to AED 172,500 a year.
  • At AED 172,500 a year the gross yield on the 2019 price is 9.6%, before a service charge of about AED 7,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 4 July 2019.

Questions about TH323, Al Reem 2

What did villa TH323 last sell for?

AED 1,800,000 on 4 July 2019: AED 745 per sqft for 2,414 sqft. The villa has 4 registered sales; the first was AED 3,150,000 in July 2008.

What is the rent for villa TH323?

AED 172,500 a year on the contract renewed on 20 September 2016. The previous contract, from September 2015, was AED 172,500; the villa has been rented since September 2013.

How big is villa TH323?

2,414 sqft (224.3 sqm): a four-bedroom villa in Al Reem 2, completed in 2007.

What is villa TH323 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling TH323? 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.

How OpenOffers works

Mortgage on TH323, Al Reem 2

Starts from the last sale price (AED 1.8M, 4 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,800,000
Deposit, UAE resident (20%)
AED 360,000
Deposit, non-resident (40%)
AED 720,000
Monthly over 25 years at 3.7%
AED 7,364

Plus AED 80,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →