TH007, Palmera 2
Sold prices and rental history: sold 5 times, last in December 2022, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH007, Palmera 2
What is TH007 worth today?
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Source: Dubai Land Department. Updated 23 December 2022.
Key facts
- Type
- 1-bed villa
- Size
- 3,241 sqft
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 10,000 /yr
- Last sold
- AED 4.39M · December 2022
- Community
- Palmera 2
About TH007, Palmera 2
TH007 is a one-bedroom villa of 3,241 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 23 December 2022 for AED 4,385,000, or AED 1,353 per sqft.
It has been rented continuously since 2012 on 5 Ejari contracts. The current contract, renewed on 5 July 2017, is AED 204,000 a year: a gross yield of 4.7% on the 2022 price, before the service charge of about AED 10,000 a year.
1-beds in Palmera 2, and where TH007 sits
All 1 1-beds →Palmera 2
Community190 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%
TH007, Palmera 2 in numbers
- Sold 5 times: first on 8 October 2009 for AED 1,290,888, last on 23 December 2022 for AED 4,385,000 (AED 1,353 per sqft).
- Rented since July 2012 on 5 Ejari contracts, from AED 185,000 to AED 204,000 a year.
- At AED 204,000 a year the gross yield on the 2022 price is 4.7%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 23 December 2022.
Questions about TH007, Palmera 2
What did villa TH007 last sell for?
AED 4,385,000 on 23 December 2022: AED 1,353 per sqft for 3,241 sqft. The villa has 5 registered sales; the first was AED 1,290,888 in October 2009.
What is the rent for villa TH007?
AED 204,000 a year on the contract renewed on 5 July 2017. The previous contract, from July 2016, was AED 204,000; the villa has been rented since July 2012.
How big is villa TH007?
3,241 sqft (301.1 sqm): a one-bedroom villa in Palmera 2, completed in 2008.
What is villa TH007 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 TH007, Palmera 2
Starts from the last sale price (AED 4.39M, 23 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 4,385,000
- Deposit, UAE resident (20%)
- AED 877,000
- Deposit, non-resident (40%)
- AED 1,754,000
- Monthly over 25 years at 3.7%
- AED 17,940
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →