Home
Dubai prices
About
Research
2-bed · 2,439 sqftPalmera 2, Arabian Ranches · completed 2008

TH041, Palmera 2

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

Villa TH041 · DLD and Ejari recordsUpdated 31 August 2020
Last soldAED 1.55M31 August 2020
Current rentAED 180K /yr15 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH041

Property timeline for TH041, Palmera 2

What is TH041 worth today?

Last sold for AED 1,550,000 in 2020

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

31 Aug 2020SoldReady
AED 1,550,000AED 635 per sqft
15 Oct 2015RentedRenewal
AED 180,000/yr12 months · AED 74 per sqft
15 Oct 2014RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
15 Oct 2013RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft
15 Oct 2012RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft
4 Oct 2012SoldReady
AED 2,200,000AED 1,144 per sqft
28 Jun 2010Sold by developerReady
AED 1,100,000AED 572 per sqft

Source: Dubai Land Department. Updated 31 August 2020.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 1.55M · August 2020
Community
Palmera 2

About TH041, Palmera 2

TH041 is a two-bedroom villa of 2,439 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 31 August 2020 for AED 1,550,000, or AED 635 per sqft, 4% below the AED 662 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 4 Ejari contracts. The current contract, renewed on 15 October 2015, is AED 180,000 a year: a gross yield of 11.6% on the 2020 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH041 over time

Sales
Villa TH041, 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, June 2010: AED 1,100,000 (AED 572 per sqft)Sold, October 2012: AED 2,200,000 (AED 1,144 per sqft)Sold, August 2020: AED 1,550,000 (AED 635 per sqft)

TH041 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH041, 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, October 2012: AED 160,000 a yearNew contract, October 2013: AED 160,000 a yearNew contract, October 2014: AED 180,000 a yearRenewal, October 2015: AED 180,000 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 TH041 sits

All 126 2-beds →

TH041 last sold in August 2020 at AED 635 per sqft, 4% below what two-beds in Palmera 2 were fetching at the time (AED 662). 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. TH041's AED 180,000 is in the lower half 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 →

TH041, Palmera 2 in numbers

  • Sold 3 times: first on 28 June 2010 for AED 1,100,000, last on 31 August 2020 for AED 1,550,000 (AED 635 per sqft).
  • Rented since October 2012 on 4 Ejari contracts, from AED 160,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2020 price is 11.6%, 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 31 August 2020.

Questions about TH041, Palmera 2

What did villa TH041 last sell for?

AED 1,550,000 on 31 August 2020: AED 635 per sqft for 2,439 sqft. The villa has 3 registered sales; the first was AED 1,100,000 in June 2010.

What is the rent for villa TH041?

AED 180,000 a year on the contract renewed on 15 October 2015. The previous contract, from October 2014, was AED 180,000; the villa has been rented since October 2012.

How big is villa TH041?

2,439 sqft (226.6 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH041 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.

Selling TH041? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH041, Palmera 2

Starts from the last sale price (AED 1.55M, 31 August 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

Plus AED 70,110 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →