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2-bed · 1,193 sqftPalmera 2, Arabian Ranches · completed 2008

TH123, Palmera 2

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH123 · DLD and Ejari recordsUpdated 15 August 2025
Last soldAED 871K1 July 2010
Current rentAED 147K /yr15 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH123, Palmera 2

What is TH123 worth today?

Last sold for AED 870,888 in 2010

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15 Aug 2025RentedRenewal
AED 147,000/yr12 months · AED 68 per sqft
15 Aug 2024RentedRenewal
AED 147,000/yr12 months · AED 68 per sqft
15 Aug 2023RentedRenewal
AED 140,000/yr12 months · AED 65 per sqft
9 Aug 2021RentedRenewal
AED 92,000/yr12 months · AED 43 per sqft
9 Aug 2020RentedNew contract
AED 80,000/yr12 months · AED 37 per sqft
28 May 2018RentedRenewal
AED 132,000/yr12 months · AED 61 per sqft
28 May 2017RentedNew contract
AED 135,000/yr12 months · AED 63 per sqft
10 Mar 2016RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 15 August 2025.

Key facts

Type
2-bed villa
Size
1,193 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,700 /yr
Last sold
AED 871K · July 2010
Community
Palmera 2

About TH123, Palmera 2

TH123 is a two-bedroom villa of 1,193 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 1 July 2010 for AED 870,888, or AED 730 per sqft, 4% below the AED 758 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 9 Ejari contracts. The current contract, renewed on 15 August 2025, is AED 147,000 a year: a gross yield of 16.9% on the 2010 price, before the service charge of about AED 3,700 a year.

Sales and rents for TH123 over time

Sales
Villa TH123, 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, July 2010: AED 870,888 (AED 730 per sqft)

TH123 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH123, 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, May 2014: AED 160,000 a yearNew contract, March 2016: AED 160,000 a yearNew contract, May 2017: AED 135,000 a yearRenewal, May 2018: AED 132,000 a yearNew contract, August 2020: AED 80,000 a yearRenewal, August 2021: AED 92,000 a yearRenewal, August 2023: AED 140,000 a yearRenewal, August 2024: AED 147,000 a yearRenewal, August 2025: AED 147,000 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 TH123 sits

All 126 2-beds →

TH123 last sold in July 2010 at AED 730 per sqft, 4% below what two-beds in Palmera 2 were fetching at the time (AED 758). 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. TH123's AED 147,000 is in the lower half 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 →

TH123, Palmera 2 in numbers

  • Sold once: by Emaar on 1 July 2010 for AED 870,888, or AED 730 per sqft.
  • Rented since May 2014 on 9 Ejari contracts. The rent fell from AED 160,000 to AED 80,000 in 2020 and recovered to AED 147,000 by August 2025.
  • At AED 147,000 a year the gross yield on the 2010 price is 16.9%, before a service charge of about AED 3,700 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 15 August 2025.

Questions about TH123, Palmera 2

What did villa TH123 last sell for?

AED 870,888 on 1 July 2010, sold by the developer: AED 730 per sqft for 1,193 sqft. It is the only registered sale of the villa.

What is the rent for villa TH123?

AED 147,000 a year on the contract renewed on 15 August 2025. The previous contract, from August 2024, was AED 147,000; the villa has been rented since May 2014.

How big is villa TH123?

1,193 sqft (110.8 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH123 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 TH123, Palmera 2

Starts from the last sale price (AED 871K, 1 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 870,888
Deposit, UAE resident (20%)
AED 174,178
Deposit, non-resident (40%)
AED 348,355
Monthly over 25 years at 3.7%
AED 3,563

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