2-bed · 2,156 sqftPalmera 2, Arabian Ranches · completed 2008

TH088, Palmera 2

Sold prices and rental history: sold 3 times, last in November 2016, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH088 · DLD and Ejari recordsUpdated 14 February 2026
Last soldAED 2.1M27 November 2016
Current rentAED 140K /yr14 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH088, Palmera 2

What is TH088 worth today?

Last sold for AED 2,100,000 in 2016

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14 Feb 2026RentedRenewal
AED 140,000/yr12 months · AED 65 per sqft
14 Feb 2025RentedRenewal
AED 132,000/yr12 months · AED 61 per sqft
14 Feb 2024RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
14 Feb 2020RentedRenewal
AED 125,000/yr12 months · AED 58 per sqft
14 Feb 2017RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft
27 Nov 2016SoldReady
AED 2,100,000AED 973 per sqft
19 Sep 2015RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
10 Sep 2013RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 14 February 2026.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.1M · November 2016
Community
Palmera 2

About TH088, Palmera 2

TH088 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 27 November 2016 for AED 2,100,000, or AED 973 per sqft, 5% below the AED 1,019 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 14 February 2026, is AED 140,000 a year: a gross yield of 6.7% on the 2016 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH088 over time

Sales
Villa TH088, 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, February 2009: AED 823,888 (AED 452 per sqft)Sold, May 2012: AED 1,600,000 (AED 878 per sqft)Sold, November 2016: AED 2,100,000 (AED 973 per sqft)

TH088 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH088, 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, September 2013: AED 140,000 a yearNew contract, September 2015: AED 160,000 a yearNew contract, February 2017: AED 155,000 a yearRenewal, February 2020: AED 125,000 a yearRenewal, February 2024: AED 120,000 a yearRenewal, February 2025: AED 132,000 a yearRenewal, February 2026: AED 140,000 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 TH088 sits

All 126 2-beds →

TH088 last sold in November 2016 at AED 973 per sqft, 5% below what two-beds in Palmera 2 were fetching at the time (AED 1,019). 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. TH088's AED 140,000 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 →

TH088, Palmera 2 in numbers

  • Sold 3 times: first on 23 February 2009 for AED 823,888, last on 27 November 2016 for AED 2,100,000 (AED 973 per sqft).
  • Rented since September 2013 on 7 Ejari contracts. The rent fell from AED 140,000 to AED 120,000 in 2024 and recovered to AED 140,000 by February 2026.
  • At AED 140,000 a year the gross yield on the 2016 price is 6.7%, 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 14 February 2026.

Questions about TH088, Palmera 2

What did villa TH088 last sell for?

AED 2,100,000 on 27 November 2016: AED 973 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 823,888 in February 2009.

What is the rent for villa TH088?

AED 140,000 a year on the contract renewed on 14 February 2026. The previous contract, from February 2025, was AED 132,000; the villa has been rented since September 2013.

How big is villa TH088?

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

What is villa TH088 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 TH088, Palmera 2

Starts from the last sale price (AED 2.1M, 27 November 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,100,000
Deposit, UAE resident (20%)
AED 420,000
Deposit, non-resident (40%)
AED 840,000
Monthly over 25 years at 3.7%
AED 8,592

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