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

TH121, Palmera 2

Sold prices and rental history: sold once, by the developer in August 2013, and rented continuously since 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH121 · DLD and Ejari recordsUpdated 19 June 2025
Last soldAED 1.4M14 August 2013
Current rentAED 160K /yr19 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH121, Palmera 2

What is TH121 worth today?

Last sold for AED 1,401,888 in 2013

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19 Jun 2025RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
19 Jun 2024RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
19 Jun 2024RentedNew contract
AED 160,000/yr12 months · AED 49 per sqft
19 Jun 2023RentedRenewal
AED 140,000/yr12 months · AED 43 per sqft
19 Jun 2020RentedRenewal
AED 135,000/yr12 months · AED 42 per sqft
19 Jun 2019RentedNew contract
AED 145,000/yr12 months · AED 45 per sqft
1 May 2018RentedNew contract
AED 150,000/yr12 months · AED 46 per sqft
2 Feb 2017RentedNew contract
AED 220,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 19 June 2025.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 1.4M · August 2013
Community
Palmera 2

About TH121, Palmera 2

TH121 is a three-bedroom villa of 3,241 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 14 August 2013 for AED 1,401,888, or AED 432 per sqft, 15% below the AED 509 three-beds in the community were fetching at the time.

It has been rented continuously since 2016 on 9 Ejari contracts. The current contract, renewed on 19 June 2025, is AED 160,000 a year: a gross yield of 11.4% on the 2013 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH121 over time

Sales
Villa TH121, 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, August 2013: AED 1,401,888 (AED 432 per sqft)

TH121 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH121, 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 279,000New contract, February 2017: AED 220,000 a yearNew contract, May 2018: AED 150,000 a yearNew contract, June 2019: AED 145,000 a yearRenewal, June 2020: AED 135,000 a yearRenewal, June 2023: AED 140,000 a yearRenewal, June 2024: AED 160,000 a yearNew contract, June 2024: AED 160,000 a yearRenewal, June 2025: AED 160,000 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 TH121 sits

All 63 3-beds →

TH121 last sold in August 2013 at AED 432 per sqft, 15% below what three-beds in Palmera 2 were fetching at the time (AED 509).

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 →

TH121, Palmera 2 in numbers

  • Sold once: by Emaar on 14 August 2013 for AED 1,401,888, or AED 432 per sqft.
  • Rented since February 2016 on 9 Ejari contracts, from AED 22,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2013 price is 11.4%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 19 June 2025.

Questions about TH121, Palmera 2

What did villa TH121 last sell for?

AED 1,401,888 on 14 August 2013, sold by the developer: AED 432 per sqft for 3,241 sqft. It is the only registered sale of the villa.

What is the rent for villa TH121?

AED 160,000 a year on the contract renewed on 19 June 2025. The previous contract, from June 2024, was AED 160,000; the villa has been rented since February 2016.

How big is villa TH121?

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

What is villa TH121 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 TH121, Palmera 2

Starts from the last sale price (AED 1.4M, 14 August 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,401,888
Deposit, UAE resident (20%)
AED 280,378
Deposit, non-resident (40%)
AED 560,755
Monthly over 25 years at 3.7%
AED 5,736

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