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

TH019, Palmera 2

Sold prices and rental history: sold 3 times, last in April 2020, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH019 · DLD and Ejari recordsUpdated 12 April 2020
Last soldAED 2.18M12 April 2020
Current rentAED 170K /yr15 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH019, Palmera 2

What is TH019 worth today?

Last sold for AED 2,175,000 in 2020

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12 Apr 2020SoldReady
AED 2,175,000AED 671 per sqft
15 Aug 2018RentedNew contract
AED 170,000/yr12 months · AED 52 per sqft
1 Aug 2017RentedRenewal
AED 235,000/yr12 months · AED 73 per sqft
1 Aug 2016RentedRenewal
AED 235,000/yr12 months · AED 73 per sqft
1 Aug 2015RentedNew contract
AED 235,000/yr12 months · AED 73 per sqft
1 Oct 2014RentedRenewal
AED 204,750/yr12 months · AED 63 per sqft
1 Oct 2013RentedNew contract
AED 195,000/yr12 months · AED 60 per sqft
1 Oct 2012RentedNew contract
AED 193,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 12 April 2020.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 2.18M · April 2020
Community
Palmera 2

About TH019, Palmera 2

TH019 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 12 April 2020 for AED 2,175,000, or AED 671 per sqft, 19% below the AED 829 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 15 August 2018, is AED 170,000 a year: a gross yield of 7.8% on the 2020 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH019 over time

Sales
Villa TH019, 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, June 2010: AED 1,290,888 (AED 894 per sqft)Sold, July 2012: AED 2,985,000 (AED 2,067 per sqft)Sold, April 2020: AED 2,175,000 (AED 671 per sqft)

TH019 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH019, 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, October 2012: AED 193,000 a yearNew contract, October 2013: AED 195,000 a yearRenewal, October 2014: AED 204,750 a yearNew contract, August 2015: AED 235,000 a yearRenewal, August 2016: AED 235,000 a yearRenewal, August 2017: AED 235,000 a yearNew contract, August 2018: AED 170,000 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 TH019 sits

All 63 3-beds →

TH019 last sold in April 2020 at AED 671 per sqft, 19% below what three-beds in Palmera 2 were fetching at the time (AED 829).

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 →

TH019, Palmera 2 in numbers

  • Sold 3 times: first on 29 June 2010 for AED 1,290,888, last on 12 April 2020 for AED 2,175,000 (AED 671 per sqft).
  • Rented since October 2012 on 7 Ejari contracts, from AED 193,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2020 price is 7.8%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 12 April 2020.

Questions about TH019, Palmera 2

What did villa TH019 last sell for?

AED 2,175,000 on 12 April 2020: AED 671 per sqft for 3,241 sqft. The villa has 3 registered sales; the first was AED 1,290,888 in June 2010.

What is the rent for villa TH019?

AED 170,000 a year on the contract signed on 15 August 2018. The previous contract, from August 2017, was AED 235,000; the villa has been rented since October 2012.

How big is villa TH019?

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

What is villa TH019 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 TH019, Palmera 2

Starts from the last sale price (AED 2.18M, 12 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,175,000
Deposit, UAE resident (20%)
AED 435,000
Deposit, non-resident (40%)
AED 870,000
Monthly over 25 years at 3.7%
AED 8,899

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