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

TH097, Palmera 2

Sold prices and rental history: sold 5 times, last in March 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH097 · DLD and Ejari recordsUpdated 11 March 2022
Last soldAED 4.2M11 March 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH097, Palmera 2

What is TH097 worth today?

Last sold for AED 4,200,000 in 2022

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11 Mar 2022SoldReady
AED 4,200,000AED 1,296 per sqft
15 May 2019SoldReady
AED 3,100,000AED 956 per sqft
11 Aug 2015SoldReady
AED 3,600,000AED 1,110 per sqft
30 Dec 2008SoldReady
AED 4,600,000AED 2,728 per sqft
19 Nov 2008Sold by developerReady
AED 3,200,000AED 1,897 per sqft

Source: Dubai Land Department. Updated 11 March 2022.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 4.2M · March 2022
Community
Palmera 2

About TH097, Palmera 2

TH097 is a three-bedroom villa of 3,241 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 11 March 2022 for AED 4,200,000, or AED 1,296 per sqft, 18% above the AED 1,099 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH097 over time

Sales
Villa TH097, 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, November 2008: AED 3,200,000 (AED 1,897 per sqft)Sold, December 2008: AED 4,600,000 (AED 2,728 per sqft)Sold, August 2015: AED 3,600,000 (AED 1,110 per sqft)Sold, May 2019: AED 3,100,000 (AED 956 per sqft)Sold, March 2022: AED 4,200,000 (AED 1,296 per sqft)

TH097 has sold 5 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH097, 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 279,000

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 TH097 sits

All 63 3-beds →

TH097 last sold in March 2022 at AED 1,296 per sqft, 18% above what three-beds in Palmera 2 were fetching at the time (AED 1,099).

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 →

TH097, Palmera 2 in numbers

  • Sold 5 times: first on 19 November 2008 for AED 3,200,000, last on 11 March 2022 for AED 4,200,000 (AED 1,296 per sqft).

Source: Dubai Land Department. Updated 11 March 2022.

Questions about TH097, Palmera 2

What did villa TH097 last sell for?

AED 4,200,000 on 11 March 2022: AED 1,296 per sqft for 3,241 sqft. The villa has 5 registered sales; the first was AED 3,200,000 in November 2008.

How big is villa TH097?

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

What is villa TH097 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 TH097, Palmera 2

Starts from the last sale price (AED 4.2M, 11 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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