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

TH159, Palmera 2

Sold prices and rental history: sold twice, last in January 2025, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH159 · DLD and Ejari recordsUpdated 20 January 2025
Last soldAED 3.2M20 January 2025
Current rentAED 155K /yr3 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH159, Palmera 2

What is TH159 worth today?

Last sold for AED 3,200,000 in 2025

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jan 2025SoldReady
AED 3,200,000AED 1,484 per sqft
3 Feb 2024RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft
22 Aug 2023RentedRenewal
AED 115,000/yr12 months · AED 53 per sqft
6 Aug 2022RentedNew contract
AED 110,000/yr12 months · AED 51 per sqft
21 Aug 2020RentedRenewal
AED 90,000/yr12 months · AED 42 per sqft
21 Aug 2019RentedRenewal
AED 118,000/yr12 months · AED 55 per sqft
20 Aug 2015RentedNew contract
AED 134,638/yr12 months · AED 62 per sqft
1 Aug 2014RentedNew contract
AED 119,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 20 January 2025.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 3.2M · January 2025
Community
Palmera 2

About TH159, Palmera 2

TH159 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 20 January 2025 for AED 3,200,000, or AED 1,484 per sqft, in line with the AED 1,442 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, signed on 3 February 2024, is AED 155,000 a year: a gross yield of 4.8% on the 2025 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH159 over time

Sales
Villa TH159, 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, January 2009: AED 870,888 (AED 479 per sqft)Sold, January 2025: AED 3,200,000 (AED 1,484 per sqft)

TH159 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH159, 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, August 2012: AED 90,000 a yearNew contract, August 2013: AED 103,500 a yearNew contract, August 2014: AED 119,000 a yearNew contract, August 2015: AED 134,638 a yearRenewal, August 2019: AED 118,000 a yearRenewal, August 2020: AED 90,000 a yearNew contract, August 2022: AED 110,000 a yearRenewal, August 2023: AED 115,000 a yearNew contract, February 2024: AED 155,000 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 TH159 sits

All 126 2-beds →

TH159 last sold in January 2025 at AED 1,484 per sqft, in line with what two-beds in Palmera 2 were fetching at the time (AED 1,442). 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. TH159's AED 155,000 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 →

TH159, Palmera 2 in numbers

  • Sold twice: first on 28 January 2009 for AED 870,888, last on 20 January 2025 for AED 3,200,000 (AED 1,484 per sqft).
  • Rented since August 2012 on 9 Ejari contracts, from AED 90,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2025 price is 4.8%, 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 20 January 2025.

Questions about TH159, Palmera 2

What did villa TH159 last sell for?

AED 3,200,000 on 20 January 2025: AED 1,484 per sqft for 2,156 sqft. The villa has 2 registered sales; the first was AED 870,888 in January 2009.

What is the rent for villa TH159?

AED 155,000 a year on the contract signed on 3 February 2024. The previous contract, from August 2023, was AED 115,000; the villa has been rented since August 2012.

How big is villa TH159?

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

What is villa TH159 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.

Selling TH159? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH159, Palmera 2

Starts from the last sale price (AED 3.2M, 20 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

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