TH109, Palmera 2
Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH109, Palmera 2
What is TH109 worth today?
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Source: Dubai Land Department. Updated 6 May 2018.
Key facts
- Type
- 3-bed villa
- Size
- 1,772 sqft
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 5,500 /yr
- Last sold
- AED 1.51M · January 2011
- Community
- Palmera 2
About TH109, Palmera 2
TH109 is a three-bedroom villa of 1,772 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 31 January 2011 for AED 1,506,888, or AED 850 per sqft, 5% below the AED 894 three-beds in the community were fetching at the time.
It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 6 May 2018, is AED 200,000 a year: a gross yield of 13.3% on the 2011 price, before the service charge of about AED 5,500 a year.
Sales and rents for TH109 over time
TH109 has sold once; the dashed line is the three-bed median of each year in the community.
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 TH109 sits
All 63 3-beds →TH109 last sold in January 2011 at AED 850 per sqft, 5% below what three-beds in Palmera 2 were fetching at the time (AED 894).
| Recent 3-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 29 Aug 202529 August 2025 | 3,241 sqft | 6,100,000 | 1,882 | ||
| 30 May 202530 May 2025 | 3,241 sqft | 5,500,000 | 1,697 | ||
| 21 Feb 202521 February 2025 | 3,241 sqft | 5,400,000 | 1,666 | ||
| 30 Sep 202430 September 2024 | 3,241 sqft | 5,500,000 | 1,697 |
Palmera 2
Community190 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%
TH109, Palmera 2 in numbers
- Sold once: by Emaar on 31 January 2011 for AED 1,506,888, or AED 850 per sqft.
- Rented since November 2013 on 6 Ejari contracts, from AED 210,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2011 price is 13.3%, before a service charge of about AED 5,500 a year (AED 3.08 per sqft).
Source: Dubai Land Department. Updated 6 May 2018.
Questions about TH109, Palmera 2
What did villa TH109 last sell for?
AED 1,506,888 on 31 January 2011, sold by the developer: AED 850 per sqft for 1,772 sqft. It is the only registered sale of the villa.
What is the rent for villa TH109?
AED 200,000 a year on the contract signed on 6 May 2018. The previous contract, from December 2017, was AED 200,000; the villa has been rented since November 2013.
How big is villa TH109?
1,772 sqft (164.6 sqm): a three-bedroom villa in Palmera 2, completed in 2008.
What is villa TH109 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 TH109, Palmera 2
Starts from the last sale price (AED 1.51M, 31 January 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,506,888
- Deposit, UAE resident (20%)
- AED 301,378
- Deposit, non-resident (40%)
- AED 602,755
- Monthly over 25 years at 3.7%
- AED 6,165
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →