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

TH148, 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 TH148 · DLD and Ejari recordsUpdated 25 March 2025
Last soldAED 871K9 May 2010
Current rentAED 180K /yr25 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH148, Palmera 2

What is TH148 worth today?

Last sold for AED 870,888 in 2010

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25 Mar 2025RentedRenewal
AED 180,000/yr12 months · AED 83 per sqft
25 Mar 2024RentedRenewal
AED 175,000/yr12 months · AED 81 per sqft
25 Mar 2023RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
8 Feb 2022RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
8 Feb 2021RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
1 Jul 2017RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
2 Apr 2016RentedRenewal
AED 160,000/yr12 months · AED 74 per sqft
2 Apr 2015RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 25 March 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 TH148, Palmera 2

TH148 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 10 Ejari contracts. The current contract, renewed on 25 March 2025, is AED 180,000 a year: a gross yield of 20.7% on the 2010 price, before the service charge of about AED 3,700 a year.

Sales and rents for TH148 over time

Sales
Villa TH148, 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)

TH148 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH148, 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, January 2013: AED 120,000 a yearNew contract, January 2014: AED 140,000 a yearNew contract, April 2015: AED 160,000 a yearRenewal, April 2016: AED 160,000 a yearNew contract, July 2017: AED 140,000 a yearRenewal, February 2021: AED 100,000 a yearRenewal, February 2022: AED 120,000 a yearNew contract, March 2023: AED 170,000 a yearRenewal, March 2024: AED 175,000 a yearRenewal, March 2025: AED 180,000 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 TH148 sits

All 126 2-beds →

TH148 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. TH148's AED 180,000 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 →

TH148, Palmera 2 in numbers

  • Sold once: by Emaar on 9 May 2010 for AED 870,888, or AED 730 per sqft.
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 100,000 in 2021 and recovered to AED 180,000 by March 2025.
  • At AED 180,000 a year the gross yield on the 2010 price is 20.7%, 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 25 March 2025.

Questions about TH148, Palmera 2

What did villa TH148 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 TH148?

AED 180,000 a year on the contract renewed on 25 March 2025. The previous contract, from March 2024, was AED 175,000; the villa has been rented since January 2013.

How big is villa TH148?

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

What is villa TH148 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 TH148, 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 →