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

TH053, Palmera 2

Sold prices and rental history: sold once, by the developer in March 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH053 · DLD and Ejari recordsUpdated 23 March 2009
Last soldAED 498K23 March 2009
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH053, Palmera 2

What is TH053 worth today?

Last sold for AED 497,944 in 2009

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23 Mar 2009Sold by developerReady
AED 497,944AED 268 per sqft

Source: Dubai Land Department. Updated 23 March 2009.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 498K · March 2009
Community
Palmera 2

About TH053, Palmera 2

TH053 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 23 March 2009 for AED 497,944, or AED 268 per sqft, 47% below the AED 501 two-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH053 over time

Sales
Villa TH053, each saleTypical two-bed in Palmera 2
02M4M2008201320182023Typical 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, March 2009: AED 497,944 (AED 268 per sqft)

TH053 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH053, 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 157,500

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 TH053 sits

All 126 2-beds →

TH053 last sold in March 2009 at AED 268 per sqft, 47% below what two-beds in Palmera 2 were fetching at the time (AED 501). 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.

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 →

TH053, Palmera 2 in numbers

  • Sold once: by Emaar on 23 March 2009 for AED 497,944, or AED 268 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 March 2009.

Questions about TH053, Palmera 2

What did villa TH053 last sell for?

AED 497,944 on 23 March 2009, sold by the developer: AED 268 per sqft for 2,437 sqft. It is the only registered sale of the villa.

How big is villa TH053?

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

What is villa TH053 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 TH053, Palmera 2

Starts from the last sale price (AED 498K, 23 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 497,944
Deposit, UAE resident (20%)
AED 99,589
Deposit, non-resident (40%)
AED 199,178
Monthly over 25 years at 3.7%
AED 2,037

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