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

TH018, Palmera 2

Sold prices and rental history: sold twice, last in April 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH018 · DLD and Ejari recordsUpdated 10 April 2014
Last soldAED 4M10 April 2014
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH018, Palmera 2

What is TH018 worth today?

Last sold for AED 4,000,000 in 2014

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10 Apr 2014SoldReady
AED 4,000,000AED 1,234 per sqft
24 Dec 2013Sold by developerReady
AED 3,100,000AED 956 per sqft

Source: Dubai Land Department. Updated 10 April 2014.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 4M · April 2014
Community
Palmera 2

About TH018, Palmera 2

TH018 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 10 April 2014 for AED 4,000,000, or AED 1,234 per sqft, 167% above the AED 463 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH018 over time

Sales
Villa TH018, 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, December 2013: AED 3,100,000 (AED 956 per sqft)Sold, April 2014: AED 4,000,000 (AED 1,234 per sqft)

TH018 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH018, 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 279,000

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 TH018 sits

All 63 3-beds →

TH018 last sold in April 2014 at AED 1,234 per sqft, 167% above what three-beds in Palmera 2 were fetching at the time (AED 463).

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 →

TH018, Palmera 2 in numbers

  • Sold twice: first on 24 December 2013 for AED 3,100,000, last on 10 April 2014 for AED 4,000,000 (AED 1,234 per sqft).

Source: Dubai Land Department. Updated 10 April 2014.

Questions about TH018, Palmera 2

What did villa TH018 last sell for?

AED 4,000,000 on 10 April 2014: AED 1,234 per sqft for 3,241 sqft. The villa has 2 registered sales; the first was AED 3,100,000 in December 2013.

How big is villa TH018?

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

What is villa TH018 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 TH018, Palmera 2

Starts from the last sale price (AED 4M, 10 April 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,000,000
Deposit, UAE resident (20%)
AED 800,000
Deposit, non-resident (40%)
AED 1,600,000
Monthly over 25 years at 3.7%
AED 16,365

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