PropertyIndex

Reem Townhouses

Completed · Q4 2023|364 villas

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Reem Townhouses is a completed villas development by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C in Town Square, Al Yelayiss 2, comprising 364 registered villas. 592 sales are registered with the Dubai Land Department, at a current PIX© price of AED 1,368 per sqft. At AED 1,368 per sqft, Reem Townhouses prices 3% below the Town Square average of AED 1,409 per sqft on registered sales.

PIX© price · 10.9% YoY
3.17MAED
Typical
1,368AED
PSF
Gross yield
4.9%
PIX© rent ÷ PIX© price
Sale records
592
DLD · all time
Rent contracts
632
Ejari · all time
Reem Townhouses

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
2,022 – 5,226 sqft
3643.17M1,36810.9%155K4.9%
3 Bed · Villa
2,022 – 2,525 sqft
274
4 Bed · Villa
2,804 – 5,226 sqft
90
Villa (Bedrooms Unknown)
2,023 – 2,891 sqft
Sales — Project-Wide592 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
15 Jul 20263 Bed2,0542,880,0001,402+50.0%StandardStandard Sale
9 Jul 20263 Bed2,0543,050,0001,485+35.6%PremiumStandard Sale
22 May 20263 Bed2,0232,600,0001,285+52.1%Entry LevelStandard Sale
Rentals — Project-Wide632 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
15 Aug 20263 Bed2,372155,00065+10.7%Standardnew
12 Aug 20263 Bed2,023150,000740.0%Standardnew
11 Aug 20264 Bed2,891190,000660.0%Premiumrenewal

Comparables

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

Comparable projects in Town Square

The closest-priced registered projects in Town Square.

Common questions about Reem Townhouses

Answered from Dubai Land Department registered transactions.

How much does a property in Reem Townhouses cost?

Property in Reem Townhouses sells at a current PIX© price of AED 1,368 per sqft, or about AED 3,167,482 for a typical unit, based on 592 sales registered with the Dubai Land Department.

Is Reem Townhouses completed?

Yes. Reem Townhouses is recorded as completed in the Dubai Land Department project register (completed q4 2023).

Who is the developer of Reem Townhouses?

Reem Townhouses is developed by NSHAMA PROPERTIES OWNED BY NSHMI DEVELOPMENT ONE PERSON COMPANY L.L.C, the developer recorded against the project in the Dubai Land Department register.

What is the rental yield in Reem Townhouses?

Reem Townhouses yields 4.9% gross, calculated from current PIX© rent against current PIX© sale price, across 632 registered Ejari contracts.

How many villas are in Reem Townhouses?

Reem Townhouses holds 364 registered villas, per the Dubai Land Department unit register.

Have prices in Reem Townhouses gone up or down?

Price per sqft has risen +10.9% over the last 12 months, to AED 1,368, across 592 registered sales.