4-bed · 2,460 sqftReem Townhouses, Town Square · completed 2023

TH242, Reem Townhouses

Sold prices and rental history: sold twice, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH242 · DLD and Ejari recordsUpdated 2 May 2023
Last soldAED 2.15M2 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH242, Reem Townhouses

What is TH242 worth today?

Last sold for AED 2,150,000 in 2023

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2 May 2023SoldOff-plan
AED 2,150,000AED 873 per sqft
5 Dec 2021Sold by developerOff-plan
AED 1,950,888AED 792 per sqft

Source: Dubai Land Department. Updated 2 May 2023.

Key facts

Type
4-bed villa
Size
2,460 sqft
Developer
Nshama Properties
Completed
2023
Last sold
AED 2.15M · May 2023

About TH242, Reem Townhouses

TH242 is a four-bedroom villa of 2,460 sqft in Reem Townhouses, a villa community in Town Square completed in 2023 by Nshama Properties. It last sold on 2 May 2023 for AED 2,150,000, or AED 873 per sqft, in line with the AED 848 four-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH242 over time

Sales
Villa TH242, each saleTypical four-bed in Reem Townhouses
2M3M202120232025Typical sale price by year: 2021 AED 1,870,888; 2022 AED 1,550,888; 2023 AED 2,150,000; 2024 AED 2,900,000; 2025 AED 3,570,000Sold by developer, December 2021: AED 1,950,888 (AED 792 per sqft)Sold, May 2023: AED 2,150,000 (AED 873 per sqft)

TH242 has sold twice; the dashed line is the four-bed median of each year in the community.

Rents
Villa TH242, each contractTypical four-bed in Reem Townhouses
170K173K175K202420252026Typical rent by year: 2024 AED 170,000; 2025 AED 175,000

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

4-beds in Reem Townhouses, and where TH242 sits

All 92 4-beds →

TH242 last sold in May 2023 at AED 873 per sqft, in line with what four-beds in Reem Townhouses were fetching at the time (AED 848). Over the last 12 months four-beds sold for AED 3,600,000 to 4,400,000, around AED 1,732 per sqft, and rent for AED 190,000 to 365,000 a year.

Recent 4-bed salesVilla no.Price (AED)Summary
28 Jan 20263,600,000
23 Jan 20264,400,000
23 Sep 20253,650,000
31 Aug 20253,640,000
2 4-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 →

TH242, Reem Townhouses in numbers

  • Sold twice: first on 5 December 2021 for AED 1,950,888, last on 2 May 2023 for AED 2,150,000 (AED 873 per sqft).
  • Four-beds in Reem Townhouses sold for AED 3,600,000–4,400,000 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 2 May 2023.

Questions about TH242, Reem Townhouses

What did villa TH242 last sell for?

AED 2,150,000 on 2 May 2023: AED 873 per sqft for 2,460 sqft. The villa has 2 registered sales; the first was AED 1,950,888 in December 2021.

How big is villa TH242?

2,460 sqft (228.5 sqm): a four-bedroom villa in Reem Townhouses, completed in 2023.

What is villa TH242 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Reem Townhouses sold for AED 3,600,000 to 4,400,000 in the last 12 months, around AED 1,732 per sqft.

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Mortgage on TH242, Reem Townhouses

Starts from the last sale price (AED 2.15M, 2 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,150,000
Deposit, UAE resident (20%)
AED 430,000
Deposit, non-resident (40%)
AED 860,000
Monthly over 25 years at 3.7%
AED 8,796

Plus AED 95,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →