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

TH147, Palmera 2

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH147 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 871K9 May 2010
Current rentAED 150K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH147, Palmera 2

What is TH147 worth today?

Last sold for AED 870,888 in 2010

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1 May 2025RentedRenewal
AED 150,000/yr12 months · AED 70 per sqft
1 May 2024RentedRenewal
AED 150,000/yr12 months · AED 70 per sqft
1 May 2023RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
1 May 2022RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
25 Feb 2021RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
14 Aug 2020RentedRenewal
AED 90,000/yr6 months · AED 42 per sqft
14 Aug 2019RentedRenewal
AED 118,000/yr12 months · AED 55 per sqft
15 Aug 2018RentedRenewal
AED 120,323/yr12 months · AED 56 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 1 May 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 · May 2010
Community
Palmera 2

About TH147, Palmera 2

TH147 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 9 May 2010 for AED 870,888, or AED 730 per sqft, in line with the AED 730 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 150,000 a year: a gross yield of 17.2% on the 2010 price, before the service charge of about AED 3,700 a year.

Sales and rents for TH147 over time

Sales
Villa TH147, 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, May 2010: AED 870,888 (AED 730 per sqft)

TH147 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH147, 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 120,000 a yearNew contract, February 2014: AED 165,000 a yearNew contract, December 2015: AED 155,000 a yearNew contract, May 2016: AED 160,000 a yearRenewal, August 2018: AED 120,323 a yearRenewal, August 2019: AED 118,000 a yearRenewal, August 2020: AED 90,000 a yearNew contract, February 2021: AED 100,000 a yearNew contract, May 2022: AED 130,000 a yearRenewal, May 2023: AED 130,000 a yearRenewal, May 2024: AED 150,000 a yearRenewal, May 2025: AED 150,000 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 TH147 sits

All 126 2-beds →

TH147 last sold in May 2010 at AED 730 per sqft, in line with what two-beds in Palmera 2 were fetching at the time (AED 730). 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. TH147's AED 150,000 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 →

TH147, Palmera 2 in numbers

  • Sold once: by Emaar on 9 May 2010 for AED 870,888, or AED 730 per sqft.
  • Rented since February 2013 on 12 Ejari contracts. The rent fell from AED 120,000 to AED 90,000 in 2020 and recovered to AED 150,000 by May 2025.
  • At AED 150,000 a year the gross yield on the 2010 price is 17.2%, 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: YallaValue analysis of Dubai Land Department records. Updated 1 May 2025.

Questions about TH147, Palmera 2

What did villa TH147 last sell for?

AED 870,888 on 9 May 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 TH147?

AED 150,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 150,000; the villa has been rented since February 2013.

How big is villa TH147?

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

What is villa TH147 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 TH147, Palmera 2

Starts from the last sale price (AED 871K, 9 May 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 AED 41,588 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →