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2-bed · 2,439 sqftPalmera 2, Arabian Ranches · completed 2008

TH068, Palmera 2

Sold prices and rental history: sold 3 times, last in July 2017, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH068 · DLD and Ejari recordsUpdated 20 December 2024
Last soldAED 2.6M2 July 2017
Current rentAED 195K /yr20 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH068, Palmera 2

What is TH068 worth today?

Last sold for AED 2,600,000 in 2017

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20 Dec 2024RentedRenewal
AED 195,000/yr12 months · AED 80 per sqft
20 Dec 2023RentedNew contract
AED 195,000/yr12 months · AED 80 per sqft
1 Aug 2022RentedRenewal
AED 100,000/yr12 months · AED 41 per sqft
2 Jul 2017SoldReady
AED 2,600,000AED 1,066 per sqft
22 Apr 2015SoldReady
AED 2,400,000AED 984 per sqft
21 Jun 2013RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
8 Apr 2010Sold by developerReady
AED 2,791,888AED 2,436 per sqft

Source: Dubai Land Department. Updated 20 December 2024.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.6M · July 2017
Community
Palmera 2

About TH068, Palmera 2

TH068 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 2 July 2017 for AED 2,600,000, or AED 1,066 per sqft, 5% above the AED 1,020 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, renewed on 20 December 2024, is AED 195,000 a year: a gross yield of 7.5% on the 2017 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH068 over time

Sales
Villa TH068, 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, April 2010: AED 2,791,888 (AED 2,436 per sqft)Sold, April 2015: AED 2,400,000 (AED 984 per sqft)Sold, July 2017: AED 2,600,000 (AED 1,066 per sqft)

TH068 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH068, each contractTypical two-bed in Palmera 2
100K150K200K2012201620202024Typical 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, June 2013: AED 120,000 a yearRenewal, August 2022: AED 100,000 a yearNew contract, December 2023: AED 195,000 a yearRenewal, December 2024: AED 195,000 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 TH068 sits

All 126 2-beds →

TH068 last sold in July 2017 at AED 1,066 per sqft, 5% above 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. TH068's AED 195,000 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 →

TH068, Palmera 2 in numbers

  • Sold 3 times: first on 8 April 2010 for AED 2,791,888, last on 2 July 2017 for AED 2,600,000 (AED 1,066 per sqft).
  • Rented since June 2013 on 4 Ejari contracts. The rent fell from AED 120,000 to AED 100,000 in 2022 and recovered to AED 195,000 by December 2024.
  • At AED 195,000 a year the gross yield on the 2017 price is 7.5%, 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 20 December 2024.

Questions about TH068, Palmera 2

What did villa TH068 last sell for?

AED 2,600,000 on 2 July 2017: AED 1,066 per sqft for 2,439 sqft. The villa has 3 registered sales; the first was AED 2,791,888 in April 2010.

What is the rent for villa TH068?

AED 195,000 a year on the contract renewed on 20 December 2024. The previous contract, from December 2023, was AED 195,000; the villa has been rented since June 2013.

How big is villa TH068?

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

What is villa TH068 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 TH068, Palmera 2

Starts from the last sale price (AED 2.6M, 2 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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