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

TH050, Palmera 2

Sold prices and rental history: sold twice, last in November 2016, and rented once, from April 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH050 · DLD and Ejari recordsUpdated 24 November 2016
Last soldAED 2.2M24 November 2016
Current rentAED 180K /yr1 April 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH050, Palmera 2

What is TH050 worth today?

Last sold for AED 2,200,000 in 2016

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24 Nov 2016SoldReady
AED 2,200,000AED 902 per sqft
1 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
17 Nov 2011Sold by developerReady
AED 2,290,000AED 1,004 per sqft

Source: Dubai Land Department. Updated 24 November 2016.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.2M · November 2016
Community
Palmera 2

About TH050, Palmera 2

TH050 is a two-bedroom villa of 2,437 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 24 November 2016 for AED 2,200,000, or AED 902 per sqft, 12% below the AED 1,020 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 1 April 2015. The current contract, signed on 1 April 2015, is AED 180,000 a year: a gross yield of 8.2% on the 2016 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH050 over time

Sales
Villa TH050, 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, November 2011: AED 2,290,000 (AED 1,004 per sqft)Sold, November 2016: AED 2,200,000 (AED 902 per sqft)

TH050 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH050, 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, April 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 TH050 sits

All 126 2-beds →

TH050 last sold in November 2016 at AED 902 per sqft, 12% below what two-beds in Palmera 2 were fetching at the time (AED 1,020). 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. TH050'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 →

TH050, Palmera 2 in numbers

  • Sold twice: first on 17 November 2011 for AED 2,290,000, last on 24 November 2016 for AED 2,200,000 (AED 902 per sqft).
  • Rented since April 2015 on one Ejari contract, at AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2016 price is 8.2%, 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 24 November 2016.

Questions about TH050, Palmera 2

What did villa TH050 last sell for?

AED 2,200,000 on 24 November 2016: AED 902 per sqft for 2,437 sqft. The villa has 2 registered sales; the first was AED 2,290,000 in November 2011.

What is the rent for villa TH050?

AED 180,000 a year on the contract signed on 1 April 2015.

How big is villa TH050?

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

What is villa TH050 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 TH050, Palmera 2

Starts from the last sale price (AED 2.2M, 24 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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