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2-bed · 2,156 sqftPalmera 2, Arabian Ranches · completed 2008

TH142, Palmera 2

Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH142 · DLD and Ejari recordsUpdated 29 July 2024
Last soldAED 3M29 July 2024
Current rentAED 118K /yr25 April 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH142, Palmera 2

What is TH142 worth today?

Last sold for AED 3,000,000 in 2024

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29 Jul 2024SoldReady
AED 3,000,000AED 1,391 per sqft
25 Apr 2023RentedRenewal
AED 118,000/yr12 months · AED 55 per sqft
25 Apr 2022RentedRenewal
AED 118,000/yr12 months · AED 55 per sqft
25 Apr 2021RentedRenewal
AED 110,000/yr12 months · AED 51 per sqft
25 Apr 2020RentedRenewal
AED 110,000/yr12 months · AED 51 per sqft
19 Apr 2018RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
19 Feb 2017RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
1 Jun 2016RentedNew contract
AED 192,000/yr6 months · AED 89 per sqft

Source: Dubai Land Department. Updated 29 July 2024.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 3M · July 2024
Community
Palmera 2

About TH142, Palmera 2

TH142 is a two-bedroom villa of 2,156 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 29 July 2024 for AED 3,000,000, or AED 1,391 per sqft, in line with the AED 1,368 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 25 April 2023, is AED 118,000 a year: a gross yield of 3.9% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH142 over time

Sales
Villa TH142, 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, March 2014: AED 870,888 (AED 403 per sqft)Sold, July 2024: AED 3,000,000 (AED 1,391 per sqft)

TH142 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH142, each contractTypical two-bed in Palmera 2
100K150K200K2012201620202024Typical 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, January 2014: AED 125,000 a yearNew contract, May 2015: AED 160,000 a yearNew contract, June 2016: AED 192,000 a yearNew contract, February 2017: AED 140,000 a yearNew contract, April 2018: AED 125,000 a yearRenewal, April 2020: AED 110,000 a yearRenewal, April 2021: AED 110,000 a yearRenewal, April 2022: AED 118,000 a yearRenewal, April 2023: AED 118,000 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 TH142 sits

All 126 2-beds →

TH142 last sold in July 2024 at AED 1,391 per sqft, in line with what two-beds in Palmera 2 were fetching at the time (AED 1,368). 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. TH142's AED 118,000 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 →

TH142, Palmera 2 in numbers

  • Sold twice: first on 19 March 2014 for AED 870,888, last on 29 July 2024 for AED 3,000,000 (AED 1,391 per sqft).
  • Rented since January 2014 on 9 Ejari contracts, from AED 125,000 to AED 118,000 a year.
  • At AED 118,000 a year the gross yield on the 2024 price is 3.9%, 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 29 July 2024.

Questions about TH142, Palmera 2

What did villa TH142 last sell for?

AED 3,000,000 on 29 July 2024: AED 1,391 per sqft for 2,156 sqft. The villa has 2 registered sales; the first was AED 870,888 in March 2014.

What is the rent for villa TH142?

AED 118,000 a year on the contract renewed on 25 April 2023. The previous contract, from April 2022, was AED 118,000; the villa has been rented since January 2014.

How big is villa TH142?

2,156 sqft (200.3 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH142 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 TH142, Palmera 2

Starts from the last sale price (AED 3M, 29 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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