2-bed · 2,311 sqftPalmera 2, Arabian Ranches · completed 2008

TH101, Palmera 2

Sold prices and rental history: sold twice, last in March 2012, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH101 · DLD and Ejari recordsUpdated 1 September 2024
Last soldAED 1.15M14 March 2012
Current rentAED 160K /yr1 September 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH101, Palmera 2

What is TH101 worth today?

Last sold for AED 1,146,888 in 2012

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1 Sep 2024RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft
1 Sep 2023RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft
1 Sep 2022RentedRenewal
AED 125,000/yr12 months · AED 51 per sqft
1 Sep 2021RentedRenewal
AED 118,750/yr12 months · AED 49 per sqft
1 Sep 2019RentedRenewal
AED 134,000/yr12 months · AED 55 per sqft
1 Sep 2018RentedNew contract
AED 137,000/yr12 months · AED 56 per sqft
17 Jan 2018RentedNew contract
AED 184,350/yr7 months · AED 76 per sqft
15 Jan 2017RentedNew contract
AED 183,500/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 1 September 2024.

Key facts

Type
2-bed villa
Size
2,311 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,100 /yr
Last sold
AED 1.15M · March 2012
Community
Palmera 2

About TH101, Palmera 2

TH101 is a two-bedroom villa of 2,311 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 14 March 2012 for AED 1,146,888, or AED 496 per sqft, 26% below the AED 666 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 1 September 2024, is AED 160,000 a year: a gross yield of 14.0% on the 2012 price, before the service charge of about AED 7,100 a year.

Sales and rents for TH101 over time

Sales
Villa TH101, 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, March 2012: AED 1,146,888 (AED 496 per sqft)Sold, March 2012: AED 2,100,000 (AED 908 per sqft)

TH101 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH101, 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, January 2017: AED 183,500 a yearNew contract, January 2018: AED 184,350 a yearNew contract, September 2018: AED 137,000 a yearRenewal, September 2019: AED 134,000 a yearRenewal, September 2021: AED 118,750 a yearRenewal, September 2022: AED 125,000 a yearRenewal, September 2023: AED 160,000 a yearRenewal, September 2024: 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 TH101 sits

All 126 2-beds →

TH101 last sold in March 2012 at AED 496 per sqft, 26% below what two-beds in Palmera 2 were fetching at the time (AED 666). 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. TH101'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 →

TH101, Palmera 2 in numbers

  • Sold twice: first on 14 March 2012 for AED 2,100,000, last on 14 March 2012 for AED 1,146,888 (AED 496 per sqft).
  • Rented since January 2017 on 8 Ejari contracts. The rent fell from AED 183,500 to AED 118,750 in 2021 and recovered to AED 160,000 by September 2024.
  • At AED 160,000 a year the gross yield on the 2012 price is 14.0%, before a service charge of about AED 7,100 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 1 September 2024.

Questions about TH101, Palmera 2

What did villa TH101 last sell for?

AED 1,146,888 on 14 March 2012, sold by the developer: AED 496 per sqft for 2,311 sqft. The villa has 2 registered sales; the first was AED 2,100,000 in March 2012.

What is the rent for villa TH101?

AED 160,000 a year on the contract renewed on 1 September 2024. The previous contract, from September 2023, was AED 160,000; the villa has been rented since January 2017.

How big is villa TH101?

2,311 sqft (214.7 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH101 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 TH101, Palmera 2

Starts from the last sale price (AED 1.15M, 14 March 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,146,888
Deposit, UAE resident (20%)
AED 229,378
Deposit, non-resident (40%)
AED 458,755
Monthly over 25 years at 3.7%
AED 4,692

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