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

TH132, Palmera 2

Sold prices and rental history: sold 3 times, last in September 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH132 · DLD and Ejari recordsUpdated 22 September 2022
Last soldAED 3.93M22 September 2022
Current rentAED 150K /yr12 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH132, Palmera 2

What is TH132 worth today?

Last sold for AED 3,925,000 in 2022

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22 Sep 2022SoldReady
AED 3,925,000AED 1,211 per sqft
12 Jul 2021RentedNew contract
AED 150,000/yr12 months · AED 46 per sqft
12 Jul 2020RentedRenewal
AED 140,000/yr12 months · AED 43 per sqft
12 Jul 2019RentedNew contract
AED 150,000/yr12 months · AED 46 per sqft
10 Dec 2018RentedRenewal
AED 152,000/yr12 months · AED 47 per sqft
10 Dec 2017RentedNew contract
AED 160,000/yr12 months · AED 49 per sqft
20 Jan 2017RentedRenewal
AED 245,000/yr12 months · AED 76 per sqft
20 Jan 2016RentedRenewal
AED 245,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 22 September 2022.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 3.93M · September 2022
Community
Palmera 2

About TH132, Palmera 2

TH132 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 22 September 2022 for AED 3,925,000, or AED 1,211 per sqft, in line with the AED 1,180 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 12 July 2021, is AED 150,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH132 over time

Sales
Villa TH132, 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, June 2013: AED 4,200,000 (AED 1,296 per sqft)Sold, July 2013: AED 3,750,000 (AED 1,157 per sqft)Sold, September 2022: AED 3,925,000 (AED 1,211 per sqft)

TH132 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH132, 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, January 2013: AED 200,000 a yearNew contract, January 2014: AED 215,000 a yearNew contract, January 2015: AED 230,000 a yearRenewal, January 2016: AED 245,000 a yearRenewal, January 2017: AED 245,000 a yearNew contract, December 2017: AED 160,000 a yearRenewal, December 2018: AED 152,000 a yearNew contract, July 2019: AED 150,000 a yearRenewal, July 2020: AED 140,000 a yearNew contract, July 2021: AED 150,000 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 TH132 sits

All 63 3-beds →

TH132 last sold in September 2022 at AED 1,211 per sqft, in line with what three-beds in Palmera 2 were fetching at the time (AED 1,180).

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 →

TH132, Palmera 2 in numbers

  • Sold 3 times: first on 4 June 2013 for AED 4,200,000, last on 22 September 2022 for AED 3,925,000 (AED 1,211 per sqft).
  • Rented since January 2013 on 10 Ejari contracts, from AED 200,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 3.8%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 22 September 2022.

Questions about TH132, Palmera 2

What did villa TH132 last sell for?

AED 3,925,000 on 22 September 2022: AED 1,211 per sqft for 3,241 sqft. The villa has 3 registered sales; the first was AED 4,200,000 in June 2013.

What is the rent for villa TH132?

AED 150,000 a year on the contract signed on 12 July 2021. The previous contract, from July 2020, was AED 140,000; the villa has been rented since January 2013.

How big is villa TH132?

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

What is villa TH132 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 TH132, Palmera 2

Starts from the last sale price (AED 3.93M, 22 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,925,000
Deposit, UAE resident (20%)
AED 785,000
Deposit, non-resident (40%)
AED 1,570,000
Monthly over 25 years at 3.7%
AED 16,058

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