2-bed · 1,913 sqftAlma Townhomes 2, Arabian Ranches · completed 2014

TH029, Alma Townhomes 2

Sold prices and rental history: sold twice, last in December 2014, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH029 · DLD and Ejari recordsUpdated 23 August 2024
Last soldAED 2.63M29 December 2014
Current rentAED 140K /yr23 August 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH029, Alma Townhomes 2

What is TH029 worth today?

Last sold for AED 2,625,000 in 2014

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23 Aug 2024RentedRenewal
AED 140,000/yr12 months · AED 73 per sqft
23 Aug 2024RentedRenewal
AED 140,000/yr12 months · AED 73 per sqft
23 Aug 2023RentedRenewal
AED 114,950/yr12 months · AED 60 per sqft
23 Aug 2022RentedRenewal
AED 104,500/yr12 months · AED 55 per sqft
23 Aug 2021RentedRenewal
AED 104,500/yr12 months · AED 55 per sqft
29 Aug 2019RentedNew contract
AED 120,000/yr12 months · AED 63 per sqft
30 Aug 2017RentedNew contract
AED 135,000/yr12 months · AED 71 per sqft
11 Jun 2016RentedNew contract
AED 160,000/yr12 months · AED 84 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 23 August 2024.

Key facts

Type
2-bed villa
Size
1,913 sqft
Developer
Emaar
Completed
2014
Service charge
AED 4,800 /yr
Last sold
AED 2.63M · December 2014

About TH029, Alma Townhomes 2

TH029 is a two-bedroom villa of 1,913 sqft in Alma Townhomes 2, a villa community in Arabian Ranches completed in 2014 by Emaar. It last sold on 29 December 2014 for AED 2,625,000, or AED 1,371 per sqft, 57% above the AED 874 two-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 8 Ejari contracts. The current contract, renewed on 23 August 2024, is AED 140,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 4,800 a year.

Sales and rents for TH029 over time

Sales
Villa TH029, each saleTypical two-bed in Alma Townhomes 2
1.5M2M2.5M20142016201820202022Typical sale price by year: 2014 AED 1,567,888; 2015 AED 2,625,000; 2021 AED 1,775,000Sold by developer, October 2014: AED 1,568,888 (AED 819 per sqft)Sold, December 2014: AED 2,625,000 (AED 1,371 per sqft)

TH029 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH029, each contractTypical two-bed in Alma Townhomes 2
100K150K20142017202020232026Typical 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, June 2016: AED 160,000 a yearNew contract, August 2017: AED 135,000 a yearNew contract, August 2019: AED 120,000 a yearRenewal, August 2021: AED 104,500 a yearRenewal, August 2022: AED 104,500 a yearRenewal, August 2023: AED 114,950 a yearRenewal, August 2024: AED 140,000 a yearRenewal, August 2024: AED 140,000 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 TH029 sits

All 19 2-beds →

TH029 last sold in December 2014 at AED 1,371 per sqft, 57% above what two-beds in Alma Townhomes 2 were fetching at the time (AED 874). 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
20 May 20243,000,000
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 →

TH029, Alma Townhomes 2 in numbers

  • Sold twice: first on 13 October 2014 for AED 1,568,888, last on 29 December 2014 for AED 2,625,000 (AED 1,371 per sqft).
  • Rented since June 2016 on 8 Ejari contracts. The rent fell from AED 160,000 to AED 104,500 in 2022 and recovered to AED 140,000 by August 2024.
  • At AED 140,000 a year the gross yield on the 2014 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: YallaValue analysis of Dubai Land Department records. Updated 23 August 2024.

Questions about TH029, Alma Townhomes 2

What did villa TH029 last sell for?

AED 2,625,000 on 29 December 2014: AED 1,371 per sqft for 1,913 sqft. The villa has 2 registered sales; the first was AED 1,568,888 in October 2014.

What is the rent for villa TH029?

AED 140,000 a year on the contract renewed on 23 August 2024. The previous contract, from August 2024, was AED 140,000; the villa has been rented since June 2016.

How big is villa TH029?

1,913 sqft (177.7 sqm): a two-bedroom villa in Alma Townhomes 2, completed in 2014.

What is villa TH029 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 TH029, Alma Townhomes 2

Starts from the last sale price (AED 2.63M, 29 December 2014). Switch to today's estimate once you have unlocked it.
Price
AED 2,625,000
Deposit, UAE resident (20%)
AED 525,000
Deposit, non-resident (40%)
AED 1,050,000
Monthly over 25 years at 3.7%
AED 10,740

Plus AED 115,260 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →