2-bed · 2,050 sqftPalmera 2, Arabian Ranches · completed 2008

TH158, Palmera 2

Sold prices and rental history: sold twice, last in November 2009, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH158 · DLD and Ejari recordsUpdated 22 April 2025
Last soldAED 2.2M24 November 2009
Current rentAED 190K /yr22 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH158, Palmera 2

What is TH158 worth today?

Last sold for AED 2,200,000 in 2009

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22 Apr 2025RentedRenewal
AED 190,000/yr12 months · AED 78 per sqft
22 Apr 2024RentedNew contract
AED 190,000/yr12 months · AED 78 per sqft
8 Aug 2023RentedRenewal
AED 170,458/yr12 months · AED 70 per sqft
8 Aug 2022RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
15 Jul 2021RentedNew contract
AED 130,000/yr12 months · AED 53 per sqft
25 Feb 2020RentedNew contract
AED 115,000/yr12 months · AED 47 per sqft
24 Nov 2009SoldReady
AED 2,200,000AED 1,073 per sqft
27 Nov 2008Sold by developerReady
AED 1,200,000AED 585 per sqft

Source: Dubai Land Department. Updated 22 April 2025.

Key facts

Type
2-bed villa
Size
2,050 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,300 /yr
Last sold
AED 2.2M · November 2009
Community
Palmera 2

About TH158, Palmera 2

TH158 is a two-bedroom villa of 2,050 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 24 November 2009 for AED 2,200,000, or AED 1,073 per sqft, 115% above the AED 499 two-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 22 April 2025, is AED 190,000 a year: a gross yield of 8.6% on the 2009 price, before the service charge of about AED 6,300 a year.

Sales and rents for TH158 over time

Sales
Villa TH158, 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, November 2008: AED 1,200,000 (AED 585 per sqft)Sold, November 2009: AED 2,200,000 (AED 1,073 per sqft)

TH158 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH158, 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, February 2020: AED 115,000 a yearNew contract, July 2021: AED 130,000 a yearNew contract, August 2022: AED 170,000 a yearRenewal, August 2023: AED 170,458 a yearNew contract, April 2024: AED 190,000 a yearRenewal, April 2025: AED 190,000 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 TH158 sits

All 126 2-beds →

TH158 last sold in November 2009 at AED 1,073 per sqft, 115% above what two-beds in Palmera 2 were fetching at the time (AED 499). 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. TH158's AED 190,000 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 →

TH158, Palmera 2 in numbers

  • Sold twice: first on 27 November 2008 for AED 1,200,000, last on 24 November 2009 for AED 2,200,000 (AED 1,073 per sqft).
  • Rented since February 2020 on 6 Ejari contracts, from AED 115,000 to AED 190,000 a year.
  • At AED 190,000 a year the gross yield on the 2009 price is 8.6%, before a service charge of about AED 6,300 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 22 April 2025.

Questions about TH158, Palmera 2

What did villa TH158 last sell for?

AED 2,200,000 on 24 November 2009: AED 1,073 per sqft for 2,050 sqft. The villa has 2 registered sales; the first was AED 1,200,000 in November 2008.

What is the rent for villa TH158?

AED 190,000 a year on the contract renewed on 22 April 2025. The previous contract, from April 2024, was AED 190,000; the villa has been rented since February 2020.

How big is villa TH158?

2,050 sqft (190.5 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH158 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 TH158, Palmera 2

Starts from the last sale price (AED 2.2M, 24 November 2009). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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