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2-bed · 2,156 sqftPalmera 2, Arabian Ranches · completed 2008

TH040, Palmera 2

Sold prices and rental history: sold 3 times, last in April 2025, and rented once, from November 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH040 · DLD and Ejari recordsUpdated 4 April 2025
Last soldAED 3.43M4 April 2025
Current rentAED 95K /yr15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH040, Palmera 2

What is TH040 worth today?

Last sold for AED 3,425,000 in 2025

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4 Apr 2025SoldReady
AED 3,425,000AED 1,588 per sqft
23 Jan 2025SoldReady
AED 2,652,126AED 1,229 per sqft
15 Nov 2020RentedNew contract
AED 95,000/yr12 months · AED 44 per sqft
28 Jul 2015Sold by developerReady
AED 1,050,000AED 486 per sqft

Source: Dubai Land Department. Updated 4 April 2025.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 3.43M · April 2025
Community
Palmera 2

About TH040, Palmera 2

TH040 is a two-bedroom villa of 2,156 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 4 April 2025 for AED 3,425,000, or AED 1,588 per sqft, 9% above the AED 1,460 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 November 2020. The current contract, signed on 15 November 2020, is AED 95,000 a year: a gross yield of 2.8% on the 2025 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH040 over time

Sales
Villa TH040, 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, July 2015: AED 1,050,000 (AED 486 per sqft)Sold, January 2025: AED 2,652,126 (AED 1,229 per sqft)Sold, April 2025: AED 3,425,000 (AED 1,588 per sqft)

TH040 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH040, 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, November 2020: AED 95,000 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 TH040 sits

All 126 2-beds →

TH040 last sold in April 2025 at AED 1,588 per sqft, 9% above what two-beds in Palmera 2 were fetching at the time (AED 1,460). 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. TH040's AED 95,000 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 →

TH040, Palmera 2 in numbers

  • Sold 3 times: first on 28 July 2015 for AED 1,050,000, last on 4 April 2025 for AED 3,425,000 (AED 1,588 per sqft).
  • Rented since November 2020 on one Ejari contract, at AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2025 price is 2.8%, before a service charge of about AED 6,600 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 4 April 2025.

Questions about TH040, Palmera 2

What did villa TH040 last sell for?

AED 3,425,000 on 4 April 2025: AED 1,588 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 1,050,000 in July 2015.

What is the rent for villa TH040?

AED 95,000 a year on the contract signed on 15 November 2020.

How big is villa TH040?

2,156 sqft (200.3 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH040 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 TH040, Palmera 2

Starts from the last sale price (AED 3.43M, 4 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,425,000
Deposit, UAE resident (20%)
AED 685,000
Deposit, non-resident (40%)
AED 1,370,000
Monthly over 25 years at 3.7%
AED 14,013

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