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

TH150, Palmera 2

Sold prices and rental history: sold twice, last in March 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH150 · DLD and Ejari recordsUpdated 24 March 2023
Last soldAED 4.3M24 March 2023
Current rentAED 155K /yr19 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH150, Palmera 2

What is TH150 worth today?

Last sold for AED 4,300,000 in 2023

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24 Mar 2023SoldReady
AED 4,300,000AED 1,326 per sqft
19 Jan 2023RentedRenewal
AED 155,000/yr12 months · AED 48 per sqft
19 Jan 2022RentedRenewal
AED 155,000/yr12 months · AED 48 per sqft
19 Dec 2020RentedNew contract
AED 155,000/yr13 months · AED 48 per sqft
3 Feb 2020RentedRenewal
AED 150,000/yr12 months · AED 46 per sqft
3 Feb 2018RentedRenewal
AED 190,000/yr12 months · AED 59 per sqft
3 Feb 2016RentedRenewal
AED 190,000/yr12 months · AED 59 per sqft
3 Feb 2015RentedNew contract
AED 240,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 24 March 2023.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 4.3M · March 2023
Community
Palmera 2

About TH150, Palmera 2

TH150 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 24 March 2023 for AED 4,300,000, or AED 1,326 per sqft, 12% above the AED 1,188 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 19 January 2023, is AED 155,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH150 over time

Sales
Villa TH150, each saleTypical three-bed in Palmera 2
02.5M5M2008201320182023Typical 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, February 2009: AED 730,944 (AED 505 per sqft)Sold, March 2023: AED 4,300,000 (AED 1,326 per sqft)

TH150 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH150, 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, February 2015: AED 240,000 a yearRenewal, February 2016: AED 190,000 a yearRenewal, February 2018: AED 190,000 a yearRenewal, February 2020: AED 150,000 a yearNew contract, December 2020: AED 155,000 a yearRenewal, January 2022: AED 155,000 a yearRenewal, January 2023: AED 155,000 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 TH150 sits

All 63 3-beds →

TH150 last sold in March 2023 at AED 1,326 per sqft, 12% above what three-beds in Palmera 2 were fetching at the time (AED 1,188).

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 →

TH150, Palmera 2 in numbers

  • Sold twice: first on 17 February 2009 for AED 730,944, last on 24 March 2023 for AED 4,300,000 (AED 1,326 per sqft).
  • Rented since February 2015 on 7 Ejari contracts, from AED 240,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 24 March 2023.

Questions about TH150, Palmera 2

What did villa TH150 last sell for?

AED 4,300,000 on 24 March 2023: AED 1,326 per sqft for 3,241 sqft. The villa has 2 registered sales; the first was AED 730,944 in February 2009.

What is the rent for villa TH150?

AED 155,000 a year on the contract renewed on 19 January 2023. The previous contract, from January 2022, was AED 155,000; the villa has been rented since February 2015.

How big is villa TH150?

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

What is villa TH150 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 TH150, Palmera 2

Starts from the last sale price (AED 4.3M, 24 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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