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3-bed · 2,183 sqftPalmera 2, Arabian Ranches · completed 2008

TH163, Palmera 2

Sold prices and rental history: sold once, by the developer in November 2008, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH163 · DLD and Ejari recordsUpdated 30 November 2008
Last soldAED 1.22M30 November 2008
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH163, Palmera 2

What is TH163 worth today?

Last sold for AED 1,223,888 in 2008

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30 Nov 2008Sold by developerReady
AED 1,223,888AED 560 per sqft

Source: Dubai Land Department. Updated 30 November 2008.

Key facts

Type
3-bed villa
Size
2,183 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,700 /yr
Last sold
AED 1.22M · November 2008
Community
Palmera 2

About TH163, Palmera 2

TH163 is a three-bedroom villa of 2,183 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 30 November 2008 for AED 1,223,888, or AED 560 per sqft, 34% below the AED 854 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH163 over time

Sales
Villa TH163, each saleTypical three-bed in Palmera 2
2M4M6M2008201320182023Typical 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, November 2008: AED 1,223,888 (AED 560 per sqft)

TH163 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH163, 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 279,000

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 TH163 sits

All 63 3-beds →

TH163 last sold in November 2008 at AED 560 per sqft, 34% below what three-beds in Palmera 2 were fetching at the time (AED 854).

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 →

TH163, Palmera 2 in numbers

  • Sold once: by Emaar on 30 November 2008 for AED 1,223,888, or AED 560 per sqft.

Source: Dubai Land Department. Updated 30 November 2008.

Questions about TH163, Palmera 2

What did villa TH163 last sell for?

AED 1,223,888 on 30 November 2008, sold by the developer: AED 560 per sqft for 2,183 sqft. It is the only registered sale of the villa.

How big is villa TH163?

2,183 sqft (202.8 sqm): a three-bedroom villa in Palmera 2, completed in 2008.

What is villa TH163 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 TH163, Palmera 2

Starts from the last sale price (AED 1.22M, 30 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 1,223,888
Deposit, UAE resident (20%)
AED 244,778
Deposit, non-resident (40%)
AED 489,555
Monthly over 25 years at 3.7%
AED 5,007

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