3-bed · 2,505 sqftAlma Townhomes 2, Arabian Ranches · completed 2014

TH002, Alma Townhomes 2

Sold prices and rental history: sold twice, last in December 2022, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH002 · DLD and Ejari recordsUpdated 26 December 2022
Last soldAED 2.85M26 December 2022
Current rentAED 132K /yr20 September 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH002, Alma Townhomes 2

What is TH002 worth today?

Last sold for AED 2,850,000 in 2022

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26 Dec 2022SoldReady
AED 2,850,000AED 1,137 per sqft
20 Sep 2022RentedRenewal
AED 132,000/yr10 months · AED 53 per sqft
20 Sep 2021RentedRenewal
AED 120,000/yr12 months · AED 48 per sqft
20 Sep 2020RentedNew contract
AED 120,000/yr12 months · AED 48 per sqft
10 Feb 2019RentedRenewal
AED 147,000/yr12 months · AED 59 per sqft
10 Feb 2018RentedNew contract
AED 163,000/yr12 months · AED 65 per sqft
1 Feb 2017RentedRenewal
AED 197,500/yr12 months · AED 79 per sqft
1 Feb 2016RentedRenewal
AED 197,500/yr12 months · AED 79 per sqft

Source: Dubai Land Department. Updated 26 December 2022.

Key facts

Type
3-bed villa
Size
2,505 sqft
Developer
Emaar
Completed
2014
Service charge
AED 6,300 /yr
Last sold
AED 2.85M · December 2022

About TH002, Alma Townhomes 2

TH002 is a three-bedroom villa of 2,505 sqft in Alma Townhomes 2, a villa community in Arabian Ranches completed in 2014 by Emaar. It last sold on 26 December 2022 for AED 2,850,000, or AED 1,137 per sqft, 7% below the AED 1,223 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 7 Ejari contracts. The current contract, renewed on 20 September 2022, is AED 132,000 a year: a gross yield of 4.6% on the 2022 price, before the service charge of about AED 6,300 a year.

Sales and rents for TH002 over time

Sales
Villa TH002, each saleTypical three-bed in Alma Townhomes 2
2M3M2014201720202023Typical sale price by year: 2014 AED 2,235,888; 2015 AED 3,090,000; 2017 AED 2,855,000; 2019 AED 1,997,500; 2022 AED 3,030,000; 2023 AED 3,125,000Sold by developer, January 2015: AED 3,480,000 (AED 1,389 per sqft)Sold, December 2022: AED 2,850,000 (AED 1,137 per sqft)

TH002 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH002, each contractTypical three-bed in Alma Townhomes 2
100K200K20142017202020232026Typical rent by year: 2014 AED 220,000; 2015 AED 205,000; 2016 AED 195,000; 2017 AED 185,000; 2018 AED 157,500; 2019 AED 146,000; 2020 AED 130,000; 2021 AED 140,000; 2022 AED 155,000; 2023 AED 202,500; 2024 AED 239,538; 2025 AED 250,000Renewal, February 2016: AED 197,500 a yearRenewal, February 2017: AED 197,500 a yearNew contract, February 2018: AED 163,000 a yearRenewal, February 2019: AED 147,000 a yearNew contract, September 2020: AED 120,000 a yearRenewal, September 2021: AED 120,000 a yearRenewal, September 2022: AED 132,000 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 Alma Townhomes 2, and where TH002 sits

All 42 3-beds →

TH002 last sold in December 2022 at AED 1,137 per sqft, 7% below what three-beds in Alma Townhomes 2 were fetching at the time (AED 1,223). TH002's AED 132,000 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
6 Aug 20256,450,000
18 Apr 20254,900,000
17 Oct 20244,050,000
21 Jun 20244,225,000
0 3-bed sales in the last 12 months

Alma Townhomes 2

Community

61 villas, 2-bed to 3-bed in Arabian Ranches, completed in 2014 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 2,299
Typical sale
AED 4.4M
Typical rent
AED 245K /yr
Typical yield
4.4%
Alma Townhomes 2, Arabian Ranches: prices, sales and rents →

TH002, Alma Townhomes 2 in numbers

  • Sold twice: first on 21 January 2015 for AED 3,480,000, last on 26 December 2022 for AED 2,850,000 (AED 1,137 per sqft).
  • Rented since February 2016 on 7 Ejari contracts, from AED 197,500 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2022 price is 4.6%, before a service charge of about AED 6,300 a year (AED 2.50 per sqft).

Source: Dubai Land Department. Updated 26 December 2022.

Questions about TH002, Alma Townhomes 2

What did villa TH002 last sell for?

AED 2,850,000 on 26 December 2022: AED 1,137 per sqft for 2,505 sqft. The villa has 2 registered sales; the first was AED 3,480,000 in January 2015.

What is the rent for villa TH002?

AED 132,000 a year on the contract renewed on 20 September 2022. The previous contract, from September 2021, was AED 120,000; the villa has been rented since February 2016.

How big is villa TH002?

2,505 sqft (232.7 sqm): a three-bedroom villa in Alma Townhomes 2, completed in 2014.

What is villa TH002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH002, Alma Townhomes 2

Starts from the last sale price (AED 2.85M, 26 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →