Home
Dubai prices
About
Research
2-bed · 2,156 sqftPalmera 2, Arabian Ranches · completed 2008

TH076, Palmera 2

Sold prices and rental history: sold 3 times, last in May 2024, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH076 · DLD and Ejari recordsUpdated 21 May 2024
Last soldAED 2.9M21 May 2024
Current rentAED 160K /yr1 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH076

Property timeline for TH076, Palmera 2

What is TH076 worth today?

Last sold for AED 2,900,000 in 2024

Unlock today's estimate, updated daily, with

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

21 May 2024SoldReady
AED 2,900,000AED 1,344 per sqft
1 Apr 2023RentedRenewal
AED 160,000/yr12 months · AED 74 per sqft
1 Apr 2022RentedRenewal
AED 300,000/yr12 months · AED 139 per sqft
1 Apr 2021RentedRenewal
AED 300,000/yr12 months · AED 139 per sqft
1 Apr 2017RentedNew contract
AED 300,000/yr12 months · AED 139 per sqft
4 Jul 2011SoldReady
AED 1,280,000AED 1,266 per sqft
25 Oct 2010Sold by developerReady
AED 839,888AED 830 per sqft

Source: Dubai Land Department. Updated 21 May 2024.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.9M · May 2024
Community
Palmera 2

About TH076, Palmera 2

TH076 is a two-bedroom villa of 2,156 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 21 May 2024 for AED 2,900,000, or AED 1,344 per sqft, in line with the AED 1,332 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 160,000 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH076 over time

Sales
Villa TH076, 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, October 2010: AED 839,888 (AED 830 per sqft)Sold, July 2011: AED 1,280,000 (AED 1,266 per sqft)Sold, May 2024: AED 2,900,000 (AED 1,344 per sqft)

TH076 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH076, each contractTypical two-bed in Palmera 2
100K200K300K2012201620202024Typical 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 2017: AED 300,000 a yearRenewal, April 2021: AED 300,000 a yearRenewal, April 2022: AED 300,000 a yearRenewal, April 2023: AED 160,000 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 TH076 sits

All 126 2-beds →

TH076 last sold in May 2024 at AED 1,344 per sqft, in line with what two-beds in Palmera 2 were fetching at the time (AED 1,332). 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. TH076's AED 160,000 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 →

TH076, Palmera 2 in numbers

  • Sold 3 times: first on 25 October 2010 for AED 839,888, last on 21 May 2024 for AED 2,900,000 (AED 1,344 per sqft).
  • Rented since April 2017 on 4 Ejari contracts, from AED 300,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 6,600 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 21 May 2024.

Questions about TH076, Palmera 2

What did villa TH076 last sell for?

AED 2,900,000 on 21 May 2024: AED 1,344 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 839,888 in October 2010.

What is the rent for villa TH076?

AED 160,000 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 300,000; the villa has been rented since April 2017.

How big is villa TH076?

2,156 sqft (200.3 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH076 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 TH076? 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 TH076, Palmera 2

Starts from the last sale price (AED 2.9M, 21 May 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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