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3-bed · 3,241 sqftPalmera 2, Arabian Ranches · completed 2008

TH013, Palmera 2

Sold prices and rental history: sold 4 times, last in June 2016, and rented once, from June 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH013 · DLD and Ejari recordsUpdated 1 June 2016
Last soldAED 3.2M1 June 2016
Current rentAED 167K /yr5 June 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH013, Palmera 2

What is TH013 worth today?

Last sold for AED 3,200,000 in 2016

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1 Jun 2016SoldReady
AED 3,200,000AED 987 per sqft
5 Jun 2014RentedNew contract
AED 167,000/yr12 months · AED 52 per sqft
16 Jul 2013SoldReady
AED 3,760,000AED 2,007 per sqft
19 Jul 2011Sold by developerReady
AED 2,100,000AED 1,121 per sqft
19 Jul 2011SoldReady
AED 1,294,888AED 691 per sqft

Source: Dubai Land Department. Updated 1 June 2016.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 3.2M · June 2016
Community
Palmera 2

About TH013, Palmera 2

TH013 is a three-bedroom villa of 3,241 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 1 June 2016 for AED 3,200,000, or AED 987 per sqft, in line with the AED 987 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 5 June 2014. The current contract, signed on 5 June 2014, is AED 167,000 a year: a gross yield of 5.2% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH013 over time

Sales
Villa TH013, each saleTypical three-bed in Palmera 2
2M4M6M2008201320182023Typical sale price by year: 2008 AED 1,418,888; 2009 AED 1,516,888; 2010 AED 1,399,888; 2011 AED 1,523,888; 2012 AED 2,900,000; 2013 AED 1,501,388; 2014 AED 4,000,000; 2015 AED 3,400,000; 2016 AED 3,350,000; 2018 AED 2,750,000; 2019 AED 2,675,000; 2020 AED 2,250,000; 2022 AED 3,825,000; 2023 AED 4,250,000; 2024 AED 5,475,000; 2025 AED 5,500,000Sold by developer, July 2011: AED 2,100,000 (AED 1,121 per sqft)Sold, July 2011: AED 1,294,888 (AED 691 per sqft)Sold, July 2013: AED 3,760,000 (AED 2,007 per sqft)Sold, June 2016: AED 3,200,000 (AED 987 per sqft)

TH013 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH013, each contractTypical three-bed in Palmera 2
200K300K2012201620202024Typical rent by year: 2012 AED 189,000; 2013 AED 195,000; 2014 AED 215,000; 2015 AED 217,500; 2016 AED 215,000; 2017 AED 202,500; 2018 AED 177,500; 2019 AED 165,000; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 170,000; 2023 AED 188,000; 2024 AED 257,500; 2025 AED 279,000New contract, June 2014: AED 167,000 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 Palmera 2, and where TH013 sits

All 63 3-beds →

TH013 last sold in June 2016 at AED 987 per sqft, in line with what three-beds in Palmera 2 were fetching at the time (AED 987).

Recent 3-bed salesVilla no.Price (AED)Summary
29 Aug 20256,100,000
30 May 20255,500,000
21 Feb 20255,400,000
30 Sep 20245,500,000
0 3-bed sales 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 →

TH013, Palmera 2 in numbers

  • Sold 4 times: first on 19 July 2011 for AED 1,294,888, last on 1 June 2016 for AED 3,200,000 (AED 987 per sqft).
  • Rented since June 2014 on one Ejari contract, at AED 167,000 a year.
  • At AED 167,000 a year the gross yield on the 2016 price is 5.2%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 June 2016.

Questions about TH013, Palmera 2

What did villa TH013 last sell for?

AED 3,200,000 on 1 June 2016: AED 987 per sqft for 3,241 sqft. The villa has 4 registered sales; the first was AED 1,294,888 in July 2011.

What is the rent for villa TH013?

AED 167,000 a year on the contract signed on 5 June 2014.

How big is villa TH013?

3,241 sqft (301.1 sqm): a three-bedroom villa in Palmera 2, completed in 2008.

What is villa TH013 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 TH013, Palmera 2

Starts from the last sale price (AED 3.2M, 1 June 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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