3-bed · 3,241 sqftPalmera 2, Arabian Ranches · completed 2008

TH055, Palmera 2

Sold prices and rental history: sold once, by the developer in February 2014, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH055 · DLD and Ejari recordsUpdated 17 June 2025
Last soldAED 1.37M24 February 2014
Current rentAED 245K /yr17 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH055, Palmera 2

What is TH055 worth today?

Last sold for AED 1,372,888 in 2014

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17 Jun 2025RentedRenewal
AED 245,000/yr12 months · AED 76 per sqft
17 Jun 2024RentedNew contract
AED 245,000/yr12 months · AED 76 per sqft
16 Jun 2023RentedNew contract
AED 244,321/yr12 months · AED 75 per sqft
26 Oct 2022RentedRenewal
AED 150,000/yr12 months · AED 46 per sqft
26 Oct 2021RentedRenewal
AED 150,000/yr12 months · AED 46 per sqft
25 Oct 2020RentedNew contract
AED 149,598/yr12 months · AED 46 per sqft
28 Sep 2019RentedNew contract
AED 168,000/yr12 months · AED 52 per sqft
15 Sep 2018RentedNew contract
AED 169,919/yr12 months · AED 52 per sqft

Source: Dubai Land Department. Updated 17 June 2025.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 1.37M · February 2014
Community
Palmera 2

About TH055, Palmera 2

TH055 is a three-bedroom villa of 3,241 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 24 February 2014 for AED 1,372,888, or AED 423 per sqft, 9% below the AED 463 three-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 12 Ejari contracts. The current contract, renewed on 17 June 2025, is AED 245,000 a year: a gross yield of 17.8% on the 2014 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH055 over time

Sales
Villa TH055, each saleTypical three-bed in Palmera 2
2M4M6M2008201320182023Typical sale price by year: 2008 AED 1,418,888; 2009 AED 1,516,888; 2010 AED 1,399,888; 2011 AED 1,523,888; 2012 AED 2,900,000; 2013 AED 1,501,388; 2014 AED 4,000,000; 2015 AED 3,400,000; 2016 AED 3,350,000; 2018 AED 2,750,000; 2019 AED 2,675,000; 2020 AED 2,250,000; 2022 AED 3,825,000; 2023 AED 4,250,000; 2024 AED 5,475,000; 2025 AED 5,500,000Sold by developer, February 2014: AED 1,372,888 (AED 423 per sqft)

TH055 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH055, each contractTypical three-bed in Palmera 2
200K300K2012201620202024Typical rent by year: 2012 AED 189,000; 2013 AED 195,000; 2014 AED 215,000; 2015 AED 217,500; 2016 AED 215,000; 2017 AED 202,500; 2018 AED 177,500; 2019 AED 165,000; 2020 AED 150,000; 2021 AED 155,000; 2022 AED 170,000; 2023 AED 188,000; 2024 AED 257,500; 2025 AED 279,000New contract, February 2014: AED 235,000 a yearNew contract, September 2015: AED 215,000 a yearRenewal, September 2016: AED 215,000 a yearRenewal, September 2017: AED 215,000 a yearNew contract, September 2018: AED 169,919 a yearNew contract, September 2019: AED 168,000 a yearNew contract, October 2020: AED 149,598 a yearRenewal, October 2021: AED 150,000 a yearRenewal, October 2022: AED 150,000 a yearNew contract, June 2023: AED 244,321 a yearNew contract, June 2024: AED 245,000 a yearRenewal, June 2025: AED 245,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Palmera 2, and where TH055 sits

All 63 3-beds →

TH055 last sold in February 2014 at AED 423 per sqft, 9% below what three-beds in Palmera 2 were fetching at the time (AED 463).

Recent 3-bed salesVilla no.Price (AED)Summary
29 Aug 20256,100,000
30 May 20255,500,000
21 Feb 20255,400,000
30 Sep 20245,500,000
0 3-bed sales 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 →

TH055, Palmera 2 in numbers

  • Sold once: by Emaar on 24 February 2014 for AED 1,372,888, or AED 423 per sqft.
  • Rented since February 2014 on 12 Ejari contracts. The rent fell from AED 235,000 to AED 149,598 in 2020 and recovered to AED 245,000 by June 2025.
  • At AED 245,000 a year the gross yield on the 2014 price is 17.8%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 17 June 2025.

Questions about TH055, Palmera 2

What did villa TH055 last sell for?

AED 1,372,888 on 24 February 2014, sold by the developer: AED 423 per sqft for 3,241 sqft. It is the only registered sale of the villa.

What is the rent for villa TH055?

AED 245,000 a year on the contract renewed on 17 June 2025. The previous contract, from June 2024, was AED 245,000; the villa has been rented since February 2014.

How big is villa TH055?

3,241 sqft (301.1 sqm): a three-bedroom villa in Palmera 2, completed in 2008.

What is villa TH055 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH055, Palmera 2

Starts from the last sale price (AED 1.37M, 24 February 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,372,888
Deposit, UAE resident (20%)
AED 274,578
Deposit, non-resident (40%)
AED 549,155
Monthly over 25 years at 3.7%
AED 5,617

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