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Ready building · Emaar

Reem - Mira Community Ph 5, Al Yelayiss 1

Highlights

Reem - Mira Community Ph 5 at a glance

About Reem - Mira Community Ph 5

Reem - Mira Community Ph 5 is a mixed-use building in Al Yelayiss 1, Dubai, developed by Emaar. It holds about 324 units: 3-bedroom apartments, 4-bedroom apartments, commercial units.

The building was completed in 2016 and has been in use for about 10 years. 12 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,286 per sq ft.

Reem - Mira Community Ph 5 is one of 38 buildings in Al Yelayiss 1: 9 are complete and 29 are still being built.

In a nutshell

  • A mixed-use ready building
  • Located in Al Yelayiss 1, Dubai
  • Developed by Emaar
  • Completed in Q4 2016
  • Unit types: 3 Beds, 4 Beds, Commercial
  • Sizes from 270 to 10,150 sq ft
  • Features: Boat House, Seafront, Shared Spa
Status
Ready
Developer
Emaar
Location
Al Yelayiss 1, Dubai
Completed
Q4 2016
Unit types
3 Beds, 4 Beds, Commercial
Prices from
AED 1.3M
Median price per sq ft
AED 1,286
Median gross yield
4.9%
Nearest metro
Meydan Etihad Rail Interchange, 6.6 km

Photos of Reem - Mira Community Ph 5

Building details

Inside Reem - Mira Community Ph 5

Facilities in Reem - Mira Community Ph 5

Reem - Mira Community Ph 5 lists 3 features and facilities for its residents.

  • Boat House
  • Seafront
  • Shared Spa

Properties in Reem - Mira Community Ph 5

3-bedroom apartments in Reem - Mira Community Ph 5

There are about 176 of these in Reem - Mira Community Ph 5, from 2,170 to 3,700 sq ft. They have recently sold for a median of AED 3.4M, or AED 1,430 per sq ft. Owners who resold made a median 10% over what they paid.

4-bedroom apartments in Reem - Mira Community Ph 5

There are about 140 of these in Reem - Mira Community Ph 5, from 2,840 to 4,980 sq ft. They have recently sold for a median of AED 4.2M, or AED 1,230 per sq ft. Owners who resold made a median 3% over what they paid.

Commercial units in Reem - Mira Community Ph 5

There are about 8 of these in Reem - Mira Community Ph 5, from 270 to 10,150 sq ft. None has sold recently enough to quote a price.

Unit types in Reem - Mira Community Ph 5 with sizes, median prices and rents
Unit typeUnitsSizeMedian priceMedian rent
3 Beds1762,170 sqft201.6 sqmt – 3,700 sqft343.7 sqmtAED 3.4M–
4 Beds1402,840 sqft263.8 sqmt – 4,980 sqft462.7 sqmtAED 4.2M–
Commercial8270 sqft25.1 sqmt – 10,150 sqft943 sqmtNo recent sales–

Recent transactions in Reem - Mira Community Ph 5

  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3.4M

    AED 1,300 /sqftAED 13,993 /sqmt

    ReadyTownhouse
    2,616 sqft243 sqmt3 BedsOwner6 Nov 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 4.1M

    AED 1,312 /sqftAED 14,122 /sqmt

    ReadyTownhouse
    3,099 sqft287.9 sqmt4 BedsOwner12 Oct 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 4.4M

    AED 1,299 /sqftAED 13,982 /sqmt

    ReadyTownhouse
    3,350 sqft311.2 sqmt4 BedsOwner24 Sept 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 4.3M

    AED 1,226 /sqftAED 13,197 /sqmt

    ReadyTownhouse
    3,486 sqft323.9 sqmt4 BedsOwner26 Aug 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3.8M

    AED 1,434 /sqftAED 15,435 /sqmt

    ReadyTownhouse
    2,615 sqft242.9 sqmt3 BedsOwner4 Aug 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3.8M

    AED 1,202 /sqftAED 12,938 /sqmt

    ReadyTownhouse
    3,140 sqft291.7 sqmt4 BedsOwner20 Jul 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 4.2M

    AED 1,251 /sqftAED 13,466 /sqmt

    ReadyTownhouse
    3,376 sqft313.6 sqmt4 BedsOwner2 Jul 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3.4M

    AED 1,300 /sqftAED 13,993 /sqmt

    ReadyTownhouse
    2,616 sqft243 sqmt3 BedsOwner3 Jun 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3.4M

    AED 1,439 /sqftAED 15,489 /sqmt

    ReadyTownhouse
    2,328 sqft216.3 sqmt3 BedsOwner25 Mar 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3.8M

    AED 1,433 /sqftAED 15,425 /sqmt

    ReadyTownhouse
    2,616 sqft243 sqmt3 BedsOwner26 Jan 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 2.1M

    AED 619 /sqftAED 6,663 /sqmt

    ReadyTownhouse
    3,395 sqft315.4 sqmt4 BedsOwner16 Jan 2026
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3M

    AED 1,372 /sqftAED 14,768 /sqmt

    ReadyTownhouse
    2,169 sqft201.5 sqmt3 BedsOwner9 Dec 2025
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 4.2M

    AED 1,086 /sqftAED 11,690 /sqmt

    ReadyTownhouse
    3,866 sqft359.2 sqmt4 BedsOwner11 Nov 2025
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3.1M

    AED 1,200 /sqftAED 12,917 /sqmt

    ReadyTownhouse
    2,617 sqft243.1 sqmt3 BedsOwner23 Oct 2025
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 4.6M

    AED 1,244 /sqftAED 13,390 /sqmt

    ReadyTownhouse
    3,697 sqft343.5 sqmt4 BedsOwner16 Oct 2025
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 4.6M

    AED 1,322 /sqftAED 14,230 /sqmt

    ReadyTownhouse
    3,442 sqft319.8 sqmt4 BedsOwner6 Oct 2025
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 2.9M

    AED 1,189 /sqftAED 12,798 /sqmt

    ReadyTownhouse
    2,439 sqft226.6 sqmt3 BedsOwner9 Sept 2025
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3M

    AED 1,272 /sqftAED 13,692 /sqmt

    ReadyTownhouse
    2,319 sqft215.4 sqmt3 BedsOwner25 Aug 2025
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 3.3M

    AED 1,398 /sqftAED 15,048 /sqmt

    ReadyTownhouse
    2,325 sqft216 sqmt3 BedsOwner21 Aug 2025
  • Reem - Mira Community Phase 5

    Al Yelayiss 1

    AED 4.3M

    AED 1,170 /sqftAED 12,594 /sqmt

    ReadyTownhouse
    3,675 sqft341.4 sqmt4 BedsOwner14 Aug 2025

Every sale in Reem - Mira Community Ph 5Every rent contract in Reem - Mira Community Ph 5

Nearby amenities

Around Reem - Mira Community Ph 5

Transportation near Reem - Mira Community Ph 5

Stations planned on new lines nearby include Meydan Etihad Rail Interchange (golden line, 6.6 km, about 15 min drive) and Global Village (golden line, 7 km, about 16 min drive).

  • Meydan Etihad Rail InterchangeGolden line · 6.6 km · about 15 min drive
  • Global VillageGolden line · 7 km · about 16 min drive
  • Hadaeq Mohammed Bin RashidGolden line · 7.9 km · about 18 min drive

Shopping and groceries near Reem - Mira Community Ph 5

The closest is Uptown Motor City, 7.3 km from Reem - Mira Community Ph 5 (about 17 min drive).

  • Uptown Motor CityShopping Mall · 7.3 km · about 17 min drive

Parks and leisure near Reem - Mira Community Ph 5

The closest is Global Village, 6.7 km from Reem - Mira Community Ph 5 (about 15 min drive).

  • Global VillagePark · 6.7 km · about 15 min drive

Schools near Reem - Mira Community Ph 5

The nearest is Horizon English School Town Square, 2.7 km away. Ratings are the KHDA's latest inspection grades.

  • Horizon English School Town SquareUK · KHDA: Not inspected yet · 2.7 km
  • Fairgreen International School L.L.CInternational Baccalaureate · KHDA: Good · 3.5 km
  • Ranches Primary SchoolUK · KHDA: Very good · 4.2 km
  • Dubai International Academy Town SquareInternational Baccalaureate · KHDA: Not inspected yet · 4.3 km
  • Lycée français international (Branch)French · KHDA: Not inspected yet · 4.8 km
  • South View School L.L.CUK · KHDA: Good · 6.2 km

Other buildings in Al Yelayiss 1

Al Yelayiss 1 has 38 buildings. A few others to compare Reem - Mira Community Ph 5 with:

Things to consider about Reem - Mira Community Ph 5

In its favour

  • Owners who resold have made money: a median gain of up to 10%.
  • Ready to move into or let, with no construction risk.
  • Several schools within 3 km.

FAQs

Reem - Mira Community Ph 5: questions answered

Reem - Mira Community Ph 5 was developed by Emaar in Al Yelayiss 1.

Reem - Mira Community Ph 5 is completed in Q4 2016.

Across its 20 most recent registered sales, Reem - Mira Community Ph 5 sold for a median of AED 1,286 per sq ft and AED 3.8M per unit.

The median gross yield on recently sold units in Reem - Mira Community Ph 5 is 4.9%: the rent the unit earned over its purchase price, before costs.

Reem - Mira Community Ph 5 has 3 Beds (2,170 to 3,700 sq ft), 4 Beds (2,840 to 4,980 sq ft), Commercial (270 to 10,150 sq ft).

Meydan Etihad Rail Interchange is about 6.6 km from Reem - Mira Community Ph 5.

The nearest schools include Horizon English School Town Square (2.7 km), Fairgreen International School L.L.C (3.5 km), Ranches Primary School (4.2 km).

Buying, selling or renting in Reem - Mira Community Ph 5?

A broker who works Al Yelayiss 1 will tell you what is available and what comparable homes went for.

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