3-bed · 2,185 sqftReem Townhouses, Town Square · completed 2023

TH055, Reem Townhouses

Sold prices and rental history: sold twice, last in February 2024, and rented once, from March 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH055 · DLD and Ejari recordsUpdated 10 March 2024
Last soldAED 2.3M29 February 2024
Current rentAED 72K /yr10 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH055, Reem Townhouses

What is TH055 worth today?

Last sold for AED 2,300,000 in 2024

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10 Mar 2024RentedNew contract
AED 72,000/yr12 months · AED 33 per sqft
29 Feb 2024SoldReady
AED 2,300,000AED 1,052 per sqft
25 May 2022Sold by developerOff-plan
AED 2,150,888AED 984 per sqft

Source: Dubai Land Department. Updated 10 March 2024.

Key facts

Type
3-bed villa
Size
2,185 sqft
Developer
Nshama Properties
Completed
2023
Last sold
AED 2.3M · February 2024

About TH055, Reem Townhouses

TH055 is a three-bedroom villa of 2,185 sqft in Reem Townhouses, a villa community in Town Square completed in 2023 by Nshama Properties. It last sold on 29 February 2024 for AED 2,300,000, or AED 1,052 per sqft, 6% above the AED 996 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 10 March 2024. The current contract, signed on 10 March 2024, is AED 72,000 a year: a gross yield of 3.1% on the 2024 price.

Sales and rents for TH055 over time

Sales
Villa TH055, each saleTypical three-bed in Reem Townhouses
2M3M2021202320252027Typical sale price by year: 2021 AED 1,715,888; 2022 AED 1,704,388; 2023 AED 2,000,000; 2024 AED 2,347,500; 2025 AED 2,675,000; 2026 AED 2,920,000Sold by developer, May 2022: AED 2,150,888 (AED 984 per sqft)Sold, February 2024: AED 2,300,000 (AED 1,052 per sqft)

TH055 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH055, each contractTypical three-bed in Reem Townhouses
100K150K2024202520262027Typical rent by year: 2024 AED 145,000; 2025 AED 150,000; 2026 AED 155,000New contract, March 2024: AED 72,000 a year

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

3-beds in Reem Townhouses, and where TH055 sits

All 264 3-beds →

TH055 last sold in February 2024 at AED 1,052 per sqft, 6% above what three-beds in Reem Townhouses were fetching at the time (AED 996). Over the last 12 months three-beds sold for AED 2,400,000 to 3,150,000, around AED 1,337 per sqft, and rent for AED 140,000 to 190,000 a year. TH055's AED 72,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
6 Feb 20262,920,000
6 Feb 20262,400,000
27 Jan 20263,075,000
22 Jan 20263,150,000
5 3-bed sales in the last 12 months

Reem Townhouses

Community

356 villas, 3-bed to 4-bed in Town Square, completed in 2023 by Nshama Properties. 7 sold in the last 12 months.

Typical price per sqft
AED 1,407
Typical sale
AED 3.08M
Typical rent
AED 155K /yr
Typical yield
5.0%
Reem Townhouses, Town Square: prices, sales and rents →

TH055, Reem Townhouses in numbers

  • Sold twice: first on 25 May 2022 for AED 2,150,888, last on 29 February 2024 for AED 2,300,000 (AED 1,052 per sqft).
  • Rented since March 2024 on one Ejari contract, at AED 72,000 a year.
  • At AED 72,000 a year the gross yield on the 2024 price is 3.1%.
  • Three-beds in Reem Townhouses sold for AED 2,400,000–3,150,000 in the 12 months to November 2026; the community's median across all types is AED 1,407 per sqft.

Source: Dubai Land Department. Updated 10 March 2024.

Questions about TH055, Reem Townhouses

What did villa TH055 last sell for?

AED 2,300,000 on 29 February 2024: AED 1,052 per sqft for 2,185 sqft. The villa has 2 registered sales; the first was AED 2,150,888 in May 2022.

What is the rent for villa TH055?

AED 72,000 a year on the contract signed on 10 March 2024.

How big is villa TH055?

2,185 sqft (203.0 sqm): a three-bedroom villa in Reem Townhouses, completed in 2023.

What is villa TH055 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Reem Townhouses sold for AED 2,400,000 to 3,150,000 in the last 12 months, around AED 1,337 per sqft.

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Mortgage on TH055, Reem Townhouses

Starts from the last sale price (AED 2.3M, 29 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →