2-bed · 2,158 sqftPalmera 2, Arabian Ranches · completed 2008

TH135, Palmera 2

Sold prices and rental history: sold twice, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH135 · DLD and Ejari recordsUpdated 3 July 2023
Last soldAED 2.5M3 July 2023
Current rentAED 115K /yr30 May 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH135, Palmera 2

What is TH135 worth today?

Last sold for AED 2,500,000 in 2023

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3 Jul 2023SoldReady
AED 2,500,000AED 1,158 per sqft
30 May 2022RentedRenewal
AED 115,000/yr12 months · AED 53 per sqft
30 May 2021RentedNew contract
AED 105,000/yr12 months · AED 49 per sqft
20 Apr 2020RentedNew contract
AED 80,000/yr12 months · AED 37 per sqft
12 Apr 2019RentedRenewal
AED 126,000/yr12 months · AED 58 per sqft
12 Apr 2018RentedRenewal
AED 142,000/yr12 months · AED 66 per sqft
12 Apr 2017RentedNew contract
AED 135,000/yr12 months · AED 63 per sqft
23 Feb 2016RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 3 July 2023.

Key facts

Type
2-bed villa
Size
2,158 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.5M · July 2023
Community
Palmera 2

About TH135, Palmera 2

TH135 is a two-bedroom villa of 2,158 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 3 July 2023 for AED 2,500,000, or AED 1,158 per sqft, in line with the AED 1,168 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 30 May 2022, is AED 115,000 a year: a gross yield of 4.6% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH135 over time

Sales
Villa TH135, 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, July 2023: AED 2,500,000 (AED 1,158 per sqft)

TH135 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH135, 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, February 2013: AED 135,000 a yearNew contract, February 2014: AED 149,750 a yearNew contract, February 2016: AED 160,000 a yearNew contract, April 2017: AED 135,000 a yearRenewal, April 2018: AED 142,000 a yearRenewal, April 2019: AED 126,000 a yearNew contract, April 2020: AED 80,000 a yearNew contract, May 2021: AED 105,000 a yearRenewal, May 2022: AED 115,000 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 TH135 sits

All 126 2-beds →

TH135 last sold in July 2023 at AED 1,158 per sqft, in line with what two-beds in Palmera 2 were fetching at the time (AED 1,168). 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. TH135's AED 115,000 is at the bottom 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 →

TH135, Palmera 2 in numbers

  • Sold twice: first on 17 January 2013 for AED 385,444, last on 3 July 2023 for AED 2,500,000 (AED 1,158 per sqft).
  • Rented since February 2013 on 9 Ejari contracts. The rent fell from AED 135,000 to AED 80,000 in 2020 and recovered to AED 115,000 by May 2022.
  • At AED 115,000 a year the gross yield on the 2023 price is 4.6%, before a service charge of about AED 6,600 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 3 July 2023.

Questions about TH135, Palmera 2

What did villa TH135 last sell for?

AED 2,500,000 on 3 July 2023: AED 1,158 per sqft for 2,158 sqft. The villa has 2 registered sales; the first was AED 385,444 in January 2013.

What is the rent for villa TH135?

AED 115,000 a year on the contract renewed on 30 May 2022. The previous contract, from May 2021, was AED 105,000; the villa has been rented since February 2013.

How big is villa TH135?

2,158 sqft (200.5 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH135 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 TH135, Palmera 2

Starts from the last sale price (AED 2.5M, 3 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →