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2-bed · 2,437 sqftPalmera 2, Arabian Ranches · completed 2008

TH119, Palmera 2

Sold prices and rental history: sold 4 times, last in June 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH119 · DLD and Ejari recordsUpdated 13 June 2022
Last soldAED 2.8M13 June 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH119, Palmera 2

What is TH119 worth today?

Last sold for AED 2,800,000 in 2022

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13 Jun 2022SoldReady
AED 2,800,000AED 1,149 per sqft
6 Sep 2012SoldReady
AED 2,350,000AED 1,015 per sqft
25 Nov 2009SoldReady
AED 2,100,000AED 907 per sqft
7 Jan 2009Sold by developerReady
AED 1,002,888AED 698 per sqft

Source: Dubai Land Department. Updated 13 June 2022.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.8M · June 2022
Community
Palmera 2

About TH119, Palmera 2

TH119 is a two-bedroom villa of 2,437 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 13 June 2022 for AED 2,800,000, or AED 1,149 per sqft, 18% above the AED 972 two-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH119 over time

Sales
Villa TH119, 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, January 2009: AED 1,002,888 (AED 698 per sqft)Sold, November 2009: AED 2,100,000 (AED 907 per sqft)Sold, September 2012: AED 2,350,000 (AED 1,015 per sqft)Sold, June 2022: AED 2,800,000 (AED 1,149 per sqft)

TH119 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH119, 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 157,500

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 TH119 sits

All 126 2-beds →

TH119 last sold in June 2022 at AED 1,149 per sqft, 18% above what two-beds in Palmera 2 were fetching at the time (AED 972). 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.

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 →

TH119, Palmera 2 in numbers

  • Sold 4 times: first on 7 January 2009 for AED 1,002,888, last on 13 June 2022 for AED 2,800,000 (AED 1,149 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 13 June 2022.

Questions about TH119, Palmera 2

What did villa TH119 last sell for?

AED 2,800,000 on 13 June 2022: AED 1,149 per sqft for 2,437 sqft. The villa has 4 registered sales; the first was AED 1,002,888 in January 2009.

How big is villa TH119?

2,437 sqft (226.4 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH119 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 TH119, Palmera 2

Starts from the last sale price (AED 2.8M, 13 June 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,800,000
Deposit, UAE resident (20%)
AED 560,000
Deposit, non-resident (40%)
AED 1,120,000
Monthly over 25 years at 3.7%
AED 11,456

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