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

TH120, Palmera 2

Sold prices and rental history: sold 4 times, last in December 2016, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH120 · DLD and Ejari recordsUpdated 26 April 2025
Last soldAED 3.35M8 December 2016
Current rentAED 120K /yr26 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH120, Palmera 2

What is TH120 worth today?

Last sold for AED 3,350,000 in 2016

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26 Apr 2025RentedRenewal
AED 119,500/yr12 months · AED 37 per sqft
26 Apr 2024RentedNew contract
AED 119,500/yr12 months · AED 37 per sqft
10 Mar 2017RentedNew contract
AED 210,521/yr10 months · AED 65 per sqft
8 Dec 2016SoldReady
AED 3,350,000AED 1,033 per sqft
10 Mar 2016RentedNew contract
AED 210,000/yr12 months · AED 65 per sqft
15 Jul 2015RentedNew contract
AED 205,000/yr12 months · AED 63 per sqft
1 Dec 2014RentedNew contract
AED 225,000/yr12 months · AED 69 per sqft
1 Dec 2012RentedNew contract
AED 210,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 26 April 2025.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 3.35M · December 2016
Community
Palmera 2

About TH120, Palmera 2

TH120 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 8 December 2016 for AED 3,350,000, or AED 1,033 per sqft, in line with the AED 1,037 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, renewed on 26 April 2025, is AED 119,500 a year: a gross yield of 3.6% on the 2016 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH120 over time

Sales
Villa TH120, 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 by developer, May 2009: AED 1,281,888 (AED 644 per sqft)Sold, August 2011: AED 2,130,000 (AED 1,070 per sqft)Sold, November 2012: AED 2,950,000 (AED 1,483 per sqft)Sold, December 2016: AED 3,350,000 (AED 1,033 per sqft)

TH120 has sold 4 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH120, each contractTypical three-bed in Palmera 2
100K200K300K2012201620202024Typical 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 279,000New contract, December 2012: AED 210,000 a yearNew contract, December 2014: AED 225,000 a yearNew contract, July 2015: AED 205,000 a yearNew contract, March 2016: AED 210,000 a yearNew contract, March 2017: AED 210,521 a yearNew contract, April 2024: AED 119,500 a yearRenewal, April 2025: AED 119,500 a year

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 TH120 sits

All 63 3-beds →

TH120 last sold in December 2016 at AED 1,033 per sqft, in line with what three-beds in Palmera 2 were fetching at the time (AED 1,037).

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 →

TH120, Palmera 2 in numbers

  • Sold 4 times: first on 25 May 2009 for AED 1,281,888, last on 8 December 2016 for AED 3,350,000 (AED 1,033 per sqft).
  • Rented since December 2012 on 7 Ejari contracts, from AED 210,000 to AED 119,500 a year.
  • At AED 119,500 a year the gross yield on the 2016 price is 3.6%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 26 April 2025.

Questions about TH120, Palmera 2

What did villa TH120 last sell for?

AED 3,350,000 on 8 December 2016: AED 1,033 per sqft for 3,241 sqft. The villa has 4 registered sales; the first was AED 1,281,888 in May 2009.

What is the rent for villa TH120?

AED 119,500 a year on the contract renewed on 26 April 2025. The previous contract, from April 2024, was AED 119,500; the villa has been rented since December 2012.

How big is villa TH120?

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

What is villa TH120 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 TH120, Palmera 2

Starts from the last sale price (AED 3.35M, 8 December 2016). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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