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2-bed · 2,437 sqftPalmera 2, Arabian Ranches · completed 2008

TH029, Palmera 2

Sold prices and rental history: sold once, by the developer in September 2013, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH029 · DLD and Ejari recordsUpdated 23 December 2025
Last soldAED 973K12 September 2013
Current rentAED 135K /yr23 December 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH029, Palmera 2

What is TH029 worth today?

Last sold for AED 972,888 in 2013

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23 Dec 2025RentedRenewal
AED 135,000/yr12 months · AED 55 per sqft
23 Dec 2024RentedRenewal
AED 135,000/yr12 months · AED 55 per sqft
23 Dec 2022RentedRenewal
AED 135,000/yr12 months · AED 55 per sqft
23 Dec 2021RentedNew contract
AED 135,000/yr12 months · AED 55 per sqft
12 Sep 2013Sold by developerReady
AED 972,888AED 399 per sqft

Source: Dubai Land Department. Updated 23 December 2025.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 973K · September 2013
Community
Palmera 2

About TH029, Palmera 2

TH029 is a two-bedroom villa of 2,437 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 12 September 2013 for AED 972,888, or AED 399 per sqft, 59% below the AED 985 two-beds in the community were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 23 December 2025, is AED 135,000 a year: a gross yield of 13.9% on the 2013 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH029 over time

Sales
Villa TH029, each saleTypical two-bed in Palmera 2
2M2008201320182023Typical 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, September 2013: AED 972,888 (AED 399 per sqft)

TH029 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH029, 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, December 2021: AED 135,000 a yearRenewal, December 2022: AED 135,000 a yearRenewal, December 2024: AED 135,000 a yearRenewal, December 2025: AED 135,000 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 TH029 sits

All 126 2-beds →

TH029 last sold in September 2013 at AED 399 per sqft, 59% below what two-beds in Palmera 2 were fetching at the time (AED 985). 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. TH029's AED 135,000 is at the bottom 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 →

TH029, Palmera 2 in numbers

  • Sold once: by Emaar on 12 September 2013 for AED 972,888, or AED 399 per sqft.
  • Rented since December 2021 on 4 Ejari contracts, at AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2013 price is 13.9%, before a service charge of about AED 7,500 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 23 December 2025.

Questions about TH029, Palmera 2

What did villa TH029 last sell for?

AED 972,888 on 12 September 2013, sold by the developer: AED 399 per sqft for 2,437 sqft. It is the only registered sale of the villa.

What is the rent for villa TH029?

AED 135,000 a year on the contract renewed on 23 December 2025. The previous contract, from December 2024, was AED 135,000; the villa has been rented since December 2021.

How big is villa TH029?

2,437 sqft (226.4 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH029 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 TH029, Palmera 2

Starts from the last sale price (AED 973K, 12 September 2013). Switch to today's estimate once you have unlocked it.
Price
AED 972,888
Deposit, UAE resident (20%)
AED 194,578
Deposit, non-resident (40%)
AED 389,155
Monthly over 25 years at 3.7%
AED 3,980

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