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

TH103, Palmera 2

Sold prices and rental history: sold twice, last in November 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH103 · DLD and Ejari recordsUpdated 12 November 2013
Last soldAED 5M12 November 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH103, Palmera 2

What is TH103 worth today?

Last sold for AED 5,000,000 in 2013

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12 Nov 2013SoldReady
AED 5,000,000AED 1,542 per sqft
24 Mar 2013Sold by developerReady · flagged as an outlier
AED 782,944AED 252 per sqft

Source: Dubai Land Department. Updated 12 November 2013.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 5M · November 2013
Community
Palmera 2

About TH103, Palmera 2

TH103 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 12 November 2013 for AED 5,000,000, or AED 1,542 per sqft, 233% above the AED 463 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH103 over time

Sales
Villa TH103, 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, November 2013: AED 5,000,000 (AED 1,542 per sqft)

TH103 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH103, 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 TH103 sits

All 63 3-beds →

TH103 last sold in November 2013 at AED 1,542 per sqft, 233% above what three-beds in Palmera 2 were fetching at the time (AED 463).

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 →

TH103, Palmera 2 in numbers

  • Sold twice: first on 24 March 2013 for AED 782,944, last on 12 November 2013 for AED 5,000,000 (AED 1,542 per sqft).

Source: Dubai Land Department. Updated 12 November 2013.

Questions about TH103, Palmera 2

What did villa TH103 last sell for?

AED 5,000,000 on 12 November 2013: AED 1,542 per sqft for 3,241 sqft. The villa has 2 registered sales; the first was AED 782,944 in March 2013.

How big is villa TH103?

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

What is villa TH103 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 TH103, Palmera 2

Starts from the last sale price (AED 5M, 12 November 2013). Switch to today's estimate once you have unlocked it.
Price
AED 5,000,000
Deposit, UAE resident (20%)
AED 1,000,000
Deposit, non-resident (40%)
AED 2,000,000
Monthly over 25 years at 3.7%
AED 20,457

Plus AED 215,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →