2-bed · 1,901 sqftAlma Townhomes 2, Arabian Ranches · completed 2014

TH024, Alma Townhomes 2

Sold prices and rental history: sold twice, last in May 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH024 · DLD and Ejari recordsUpdated 20 May 2024
Last soldAED 3M20 May 2024
Current rentAED 160K /yr16 December 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH024, Alma Townhomes 2

What is TH024 worth today?

Last sold for AED 3,000,000 in 2024

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20 May 2024SoldReady
AED 3,000,000AED 1,577 per sqft
16 Dec 2023RentedRenewal
AED 160,000/yr6 months · AED 84 per sqft
16 Dec 2022RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft
19 Mar 2022RentedRenewal
AED 120,000/yr12 months · AED 63 per sqft
19 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
1 Feb 2020RentedNew contract
AED 115,000/yr12 months · AED 60 per sqft
4 Jan 2019RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
4 May 2018RentedNew contract
AED 150,000/yr6 months · AED 79 per sqft

Source: Dubai Land Department. Updated 20 May 2024.

Key facts

Type
2-bed villa
Size
1,901 sqft
Developer
Emaar
Completed
2014
Service charge
AED 4,800 /yr
Last sold
AED 3M · May 2024

About TH024, Alma Townhomes 2

TH024 is a two-bedroom villa of 1,901 sqft in Alma Townhomes 2, a villa community in Arabian Ranches completed in 2014 by Emaar. It last sold on 20 May 2024 for AED 3,000,000, or AED 1,577 per sqft.

It has been rented continuously since 2014 on 11 Ejari contracts. The current contract, renewed on 16 December 2023, is AED 160,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 4,800 a year.

Sales and rents for TH024 over time

Sales
Villa TH024, each saleTypical two-bed in Alma Townhomes 2
2M3M2014201720202023Typical sale price by year: 2014 AED 1,567,888; 2015 AED 2,625,000; 2021 AED 1,775,000Sold by developer, October 2014: AED 2,900,000 (AED 1,525 per sqft)Sold, May 2024: AED 3,000,000 (AED 1,577 per sqft)

TH024 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH024, each contractTypical two-bed in Alma Townhomes 2
100K150K200K20142017202020232026Typical rent by year: 2014 AED 165,000; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 140,000; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 97,500; 2021 AED 102,250; 2022 AED 127,500; 2023 AED 133,750; 2024 AED 153,273; 2025 AED 170,000New contract, October 2014: AED 190,000 a yearNew contract, November 2016: AED 165,000 a yearRenewal, May 2017: AED 160,000 a yearRenewal, November 2017: AED 80,000 a yearNew contract, May 2018: AED 150,000 a yearNew contract, January 2019: AED 120,000 a yearNew contract, February 2020: AED 115,000 a yearNew contract, March 2021: AED 115,000 a yearRenewal, March 2022: AED 120,000 a yearNew contract, December 2022: AED 160,000 a yearRenewal, December 2023: AED 160,000 a year

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

2-beds in Alma Townhomes 2, and where TH024 sits

All 19 2-beds →

Over the last 12 months two-beds sold for AED 4,400,000, around AED 2,299 per sqft, and rent for AED 250,000 to 250,000 a year.

Recent 2-bed salesVilla no.Price (AED)Summary
3 Dec 20254,400,000
24 Apr 20254,200,000
22 Oct 20243,200,000
3 Jul 20232,350,000
1 2-bed sale 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 →

TH024, Alma Townhomes 2 in numbers

  • Sold twice: first on 12 October 2014 for AED 2,900,000, last on 20 May 2024 for AED 3,000,000 (AED 1,577 per sqft).
  • Rented since October 2014 on 11 Ejari contracts. The rent fell from AED 190,000 to AED 80,000 in 2017 and recovered to AED 160,000 by December 2023.
  • At AED 160,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 4,800 a year (AED 2.50 per sqft).
  • Two-beds in Alma Townhomes 2 sold for AED 4,400,000–4,400,000 in the 12 months to November 2026; the community's median across all types is AED 2,299 per sqft.

Source: Dubai Land Department. Updated 20 May 2024.

Questions about TH024, Alma Townhomes 2

What did villa TH024 last sell for?

AED 3,000,000 on 20 May 2024: AED 1,577 per sqft for 1,901 sqft. The villa has 2 registered sales; the first was AED 2,900,000 in October 2014.

What is the rent for villa TH024?

AED 160,000 a year on the contract renewed on 16 December 2023. The previous contract, from December 2022, was AED 160,000; the villa has been rented since October 2014.

How big is villa TH024?

1,901 sqft (176.6 sqm): a two-bedroom villa in Alma Townhomes 2, completed in 2014.

What is villa TH024 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Alma Townhomes 2 sold for AED 4,400,000 to 4,400,000 in the last 12 months, around AED 2,299 per sqft.

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Mortgage on TH024, Alma Townhomes 2

Starts from the last sale price (AED 3M, 20 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →