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2-bed · 2,439 sqftPalmera 2, Arabian Ranches · completed 2008

TH107, Palmera 2

Sold prices and rental history: sold 3 times, last in October 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH107 · DLD and Ejari recordsUpdated 21 October 2022
Last soldAED 2.85M21 October 2022
Current rentAED 120K /yr29 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH107, Palmera 2

What is TH107 worth today?

Last sold for AED 2,850,000 in 2022

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21 Oct 2022SoldReady
AED 2,850,000AED 1,168 per sqft
29 Nov 2021RentedRenewal
AED 120,000/yr12 months · AED 49 per sqft
5 Dec 2019RentedNew contract
AED 120,000/yr12 months · AED 49 per sqft
7 Apr 2018RentedRenewal
AED 170,000/yr12 months · AED 70 per sqft
7 Apr 2017RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
7 Apr 2016RentedRenewal
AED 175,000/yr12 months · AED 72 per sqft
26 Mar 2014SoldReady
AED 3,521,000AED 1,443 per sqft
7 Apr 2013RentedNew contract
AED 140,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 21 October 2022.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.85M · October 2022
Community
Palmera 2

About TH107, Palmera 2

TH107 is a two-bedroom villa of 2,439 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 21 October 2022 for AED 2,850,000, or AED 1,168 per sqft, in line with the AED 1,159 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 29 November 2021, is AED 120,000 a year: a gross yield of 4.2% on the 2022 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH107 over time

Sales
Villa TH107, 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, August 2010: AED 1,129,888 (AED 541 per sqft)Sold, March 2014: AED 3,521,000 (AED 1,443 per sqft)Sold, October 2022: AED 2,850,000 (AED 1,168 per sqft)

TH107 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH107, 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, April 2013: AED 140,000 a yearRenewal, April 2016: AED 175,000 a yearNew contract, April 2017: AED 170,000 a yearRenewal, April 2018: AED 170,000 a yearNew contract, December 2019: AED 120,000 a yearRenewal, November 2021: AED 120,000 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 TH107 sits

All 126 2-beds →

TH107 last sold in October 2022 at AED 1,168 per sqft, in line with what two-beds in Palmera 2 were fetching at the time (AED 1,159). 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. TH107's AED 120,000 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 →

TH107, Palmera 2 in numbers

  • Sold 3 times: first on 5 August 2010 for AED 1,129,888, last on 21 October 2022 for AED 2,850,000 (AED 1,168 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 140,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2022 price is 4.2%, before a service charge of about AED 7,500 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 21 October 2022.

Questions about TH107, Palmera 2

What did villa TH107 last sell for?

AED 2,850,000 on 21 October 2022: AED 1,168 per sqft for 2,439 sqft. The villa has 3 registered sales; the first was AED 1,129,888 in August 2010.

What is the rent for villa TH107?

AED 120,000 a year on the contract renewed on 29 November 2021. The previous contract, from December 2019, was AED 120,000; the villa has been rented since April 2013.

How big is villa TH107?

2,439 sqft (226.6 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH107 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 TH107, Palmera 2

Starts from the last sale price (AED 2.85M, 21 October 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →