PropertyIndex

Reem

Completed · Q1 2020|131 villas

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Reem is a completed villas development by EMAAR DEVELOPMENT P.J.S.C. in Arabian Ranches II, Wadi Al Safa 7, comprising 131 registered villas. 216 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,742 per sqft. At AED 1,742 per sqft, Reem prices 23% above the Arabian Ranches II average of AED 1,411 per sqft on registered sales.

PIX© price · 2.4% YoY
4.07MAED
Typical
1,742AED
PSF
Gross yield
5.1%
PIX© rent ÷ PIX© price
Sale records
216
DLD · all time
Rent contracts
525
Ejari · all time
Reem

Units

Every unit type registered in this project. PIX© values are EMA-weighted current figures from registered records. Select a row for detail.

TypeUnitsPIX© PricePIX© PSFPSF YoYPIX© Rent /yrYield
PIX© Core
Project-Wide
1,942 – 4,335 sqft
1314.07M1,7422.4%209K5.1%
3 Bed · Villa
1,942 – 1,957 sqft
73
4 Bed · Villa
2,825 – 4,335 sqft
58
Sales — Project-Wide216 DLD records
PIX© price analysis
PIX©Entry
PIX©Standard
PIX©Premium
PSF YoY
3-month change
Price range
PSF range
Avg size
Cash : mortgage
Off-plan : ready
Latest transactions
DateUnitSizePricePSFvs Prior SaleTierType
7 Jul 20264 Bed2,9484,500,0001,526+74.9%StandardStandard Sale
25 Jun 20263 Bed1,9463,625,0001,863+72.9%StandardStandard Sale
17 Jun 20263 Bed1,9483,700,0001,899+82.4%StandardStandard Sale
Rentals — Project-Wide525 Ejari contracts
PIX© rent analysis
PIX©Entry
PIX©Standard
PIX©Premium
Rent PSF YoY
Gross yield
Rent range
Renewals
Corporate
Latest contracts
Start DateUnitSizeRent / YrRent PSFvs Prior RentTierType
24 Aug 20263 Bed1,949200,000103Standardrenewal
16 Aug 20263 Bed1,953210,0001080.0%Standardrenewal
15 Aug 20263 Bed1,954190,00097-5.0%Standardnew

Comparables

How this project prices against its peers, ranked by PIX© price per square foot.

Comparable projects in Arabian Ranches II

The closest-priced registered projects in Arabian Ranches II.

Common questions about Reem

Answered from Dubai Land Department registered transactions.

How much does a property in Reem cost?

Property in Reem sells at a current PIX© price of AED 1,742 per sqft, or about AED 4,072,778 for a typical unit, based on 216 sales registered with the Dubai Land Department.

Is Reem completed?

Yes. Reem is recorded as completed in the Dubai Land Department project register (completed q1 2020).

Who is the developer of Reem?

Reem is developed by EMAAR DEVELOPMENT P.J.S.C., the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Reem?

Reem yields 5.1% gross, calculated from current PIX© rent against current PIX© sale price, across 525 registered Ejari contracts.

How many villas are in Reem?

Reem holds 131 registered villas, per the Dubai Land Department unit register.

Have prices in Reem gone up or down?

Price per sqft has risen +2.4% over the last 12 months, to AED 1,742, across 216 registered sales.