Home
Dubai prices
About
Research
2-bed · 2,283 sqftPalmera 2, Arabian Ranches · completed 2008

TH098, Palmera 2

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH098 · DLD and Ejari recordsUpdated 17 January 2022
Last soldAED 2.4M11 October 2012
Current rentAED 115K /yr17 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH098

Property timeline for TH098, Palmera 2

What is TH098 worth today?

Last sold for AED 2,400,000 in 2012

Unlock today's estimate, updated daily, with

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

17 Jan 2022RentedRenewal
AED 115,000/yr12 months · AED 47 per sqft
17 Jan 2021RentedNew contract
AED 115,000/yr12 months · AED 47 per sqft
1 Jul 2020RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
1 Jul 2019RentedRenewal
AED 140,000/yr12 months · AED 57 per sqft
1 Jul 2018RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
1 Jul 2017RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
1 Jul 2016RentedRenewal
AED 188,500/yr12 months · AED 77 per sqft
1 Jul 2015RentedNew contract
AED 188,500/yr12 months · AED 77 per sqft

Source: Dubai Land Department. Updated 17 January 2022.

Key facts

Type
2-bed villa
Size
2,283 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,000 /yr
Last sold
AED 2.4M · October 2012
Community
Palmera 2

About TH098, Palmera 2

TH098 is a two-bedroom villa of 2,283 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 11 October 2012 for AED 2,400,000, or AED 1,051 per sqft, 11% above the AED 947 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 17 January 2022, is AED 115,000 a year: a gross yield of 4.8% on the 2012 price, before the service charge of about AED 7,000 a year.

Sales and rents for TH098 over time

Sales
Villa TH098, 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 2012: AED 2,400,000 (AED 1,051 per sqft)

TH098 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH098, 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, July 2013: AED 173,000 a yearNew contract, July 2015: AED 188,500 a yearRenewal, July 2016: AED 188,500 a yearRenewal, July 2017: AED 150,000 a yearRenewal, July 2018: AED 150,000 a yearRenewal, July 2019: AED 140,000 a yearNew contract, July 2020: AED 120,000 a yearNew contract, January 2021: AED 115,000 a yearRenewal, January 2022: AED 115,000 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 TH098 sits

All 126 2-beds →

TH098 last sold in October 2012 at AED 1,051 per sqft, 11% above what two-beds in Palmera 2 were fetching at the time (AED 947). 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. TH098's AED 115,000 is at the bottom 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 →

TH098, Palmera 2 in numbers

  • Sold once: by Emaar on 11 October 2012 for AED 2,400,000, or AED 1,051 per sqft.
  • Rented since July 2013 on 9 Ejari contracts, from AED 173,000 to AED 115,000 a year.
  • At AED 115,000 a year the gross yield on the 2012 price is 4.8%, before a service charge of about AED 7,000 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 17 January 2022.

Questions about TH098, Palmera 2

What did villa TH098 last sell for?

AED 2,400,000 on 11 October 2012, sold by the developer: AED 1,051 per sqft for 2,283 sqft. It is the only registered sale of the villa.

What is the rent for villa TH098?

AED 115,000 a year on the contract renewed on 17 January 2022. The previous contract, from January 2021, was AED 115,000; the villa has been rented since July 2013.

How big is villa TH098?

2,283 sqft (212.1 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH098 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 TH098? 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 TH098, Palmera 2

Starts from the last sale price (AED 2.4M, 11 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →