2-bed · 2,156 sqftPalmera 2, Arabian Ranches · completed 2008

TH004, Palmera 2

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH004 · DLD and Ejari recordsUpdated 5 April 2025
Last soldAED 1.98M2 September 2021
Current rentAED 180K /yr5 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH004, Palmera 2

What is TH004 worth today?

Last sold for AED 1,980,000 in 2021

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5 Apr 2025RentedRenewal
AED 180,000/yr12 months · AED 83 per sqft
5 Apr 2024RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
2 Sep 2021SoldReady
AED 1,980,000AED 918 per sqft
14 Jul 2020RentedRenewal
AED 93,000/yr12 months · AED 43 per sqft
14 Jul 2019RentedRenewal
AED 125,000/yr12 months · AED 58 per sqft
14 Jul 2018RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
20 Mar 2017RentedNew contract
AED 145,000/yr12 months · AED 67 per sqft
21 Dec 2015RentedNew contract
AED 165,000/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 5 April 2025.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 1.98M · September 2021
Community
Palmera 2

About TH004, Palmera 2

TH004 is a two-bedroom villa of 2,156 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 2 September 2021 for AED 1,980,000, or AED 918 per sqft, 11% above the AED 827 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 5 April 2025, is AED 180,000 a year: a gross yield of 9.1% on the 2021 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH004 over time

Sales
Villa TH004, each saleTypical two-bed in Palmera 2
02M4M2008201320182023Typical sale price by year: 2008 AED 986,888; 2009 AED 1,002,388; 2010 AED 1,007,888; 2011 AED 1,012,888; 2012 AED 1,637,500; 2013 AED 2,032,500; 2014 AED 2,300,000; 2015 AED 2,300,000; 2016 AED 2,200,000; 2017 AED 2,400,000; 2018 AED 2,175,000; 2020 AED 1,615,000; 2021 AED 1,862,500; 2022 AED 2,850,000; 2023 AED 2,675,000; 2024 AED 3,037,500; 2025 AED 3,487,500Sold by developer, August 2010: AED 403,444 (AED 335 per sqft)Sold, December 2013: AED 2,640,000 (AED 1,224 per sqft)Sold, September 2021: AED 1,980,000 (AED 918 per sqft)

TH004 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH004, each contractTypical two-bed in Palmera 2
100K150K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 132,000; 2014 AED 151,125; 2015 AED 160,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 131,000; 2019 AED 125,000; 2020 AED 105,000; 2021 AED 110,000; 2022 AED 125,000; 2023 AED 132,000; 2024 AED 155,000; 2025 AED 165,000; 2026 AED 157,500New contract, January 2014: AED 175,000 a yearNew contract, December 2014: AED 170,000 a yearNew contract, December 2015: AED 165,000 a yearNew contract, March 2017: AED 145,000 a yearNew contract, July 2018: AED 125,000 a yearRenewal, July 2019: AED 125,000 a yearRenewal, July 2020: AED 93,000 a yearNew contract, April 2024: AED 180,000 a yearRenewal, April 2025: AED 180,000 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 Palmera 2, and where TH004 sits

All 126 2-beds →

TH004 last sold in September 2021 at AED 918 per sqft, 11% above what two-beds in Palmera 2 were fetching at the time (AED 827). Over the last 12 months two-beds sold for AED 3,900,000, around AED 1,808 per sqft, and rent for AED 135,000 to 280,000 a year. TH004's AED 180,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
18 Dec 20253,900,000
29 Oct 20253,400,000
12 Sep 20254,650,000
11 Aug 20253,550,000
1 2-bed sale in the last 12 months

Palmera 2

Community

190 villas, 1-bed to 3-bed in Arabian Ranches, completed in 2008 by Emaar. 1 sold in the last 12 months.

Typical price per sqft
AED 1,808
Typical sale
AED 3.9M
Typical rent
AED 170K /yr
Typical yield
4.1%
Palmera 2, Arabian Ranches: prices, sales and rents →

TH004, Palmera 2 in numbers

  • Sold 3 times: first on 8 August 2010 for AED 403,444, last on 2 September 2021 for AED 1,980,000 (AED 918 per sqft).
  • Rented since January 2014 on 9 Ejari contracts. The rent fell from AED 175,000 to AED 93,000 in 2020 and recovered to AED 180,000 by April 2025.
  • At AED 180,000 a year the gross yield on the 2021 price is 9.1%, before a service charge of about AED 6,600 a year (AED 3.08 per sqft).
  • Two-beds in Palmera 2 sold for AED 3,900,000–3,900,000 in the 12 months to November 2026; the community's median across all types is AED 1,808 per sqft.

Source: Dubai Land Department. Updated 5 April 2025.

Questions about TH004, Palmera 2

What did villa TH004 last sell for?

AED 1,980,000 on 2 September 2021: AED 918 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 403,444 in August 2010.

What is the rent for villa TH004?

AED 180,000 a year on the contract renewed on 5 April 2025. The previous contract, from April 2024, was AED 180,000; the villa has been rented since January 2014.

How big is villa TH004?

2,156 sqft (200.3 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palmera 2 sold for AED 3,900,000 to 3,900,000 in the last 12 months, around AED 1,808 per sqft.

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Mortgage on TH004, Palmera 2

Starts from the last sale price (AED 1.98M, 2 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,980,000
Deposit, UAE resident (20%)
AED 396,000
Deposit, non-resident (40%)
AED 792,000
Monthly over 25 years at 3.7%
AED 8,101

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →