2-bed · 2,158 sqftPalmera 2, Arabian Ranches · completed 2008

TH165, Palmera 2

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH165 · DLD and Ejari recordsUpdated 22 April 2022
Last soldAED 2.08M22 April 2022
Current rentAED 92K /yr11 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH165, Palmera 2

What is TH165 worth today?

Last sold for AED 2,075,000 in 2022

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22 Apr 2022SoldReady
AED 2,075,000AED 961 per sqft
11 Jul 2021RentedNew contract
AED 92,000/yr12 months · AED 43 per sqft
6 Jan 2021SoldReady
AED 1,375,000AED 637 per sqft
10 Jul 2020RentedNew contract
AED 80,000/yr12 months · AED 37 per sqft
26 Feb 2017RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft
26 Feb 2016RentedRenewal
AED 170,000/yr12 months · AED 79 per sqft
26 Feb 2015RentedNew contract
AED 175,000/yr12 months · AED 81 per sqft
14 Aug 2013Sold by developerReady · flagged as an outlier
AED 364,444AED 168 per sqft

Source: Dubai Land Department. Updated 22 April 2022.

Key facts

Type
2-bed villa
Size
2,158 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.08M · April 2022
Community
Palmera 2

About TH165, Palmera 2

TH165 is a two-bedroom villa of 2,158 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 22 April 2022 for AED 2,075,000, or AED 961 per sqft, in line with the AED 950 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 5 Ejari contracts. The current contract, signed on 11 July 2021, is AED 92,000 a year: a gross yield of 4.4% on the 2022 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH165 over time

Sales
Villa TH165, 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, January 2021: AED 1,375,000 (AED 637 per sqft)Sold, April 2022: AED 2,075,000 (AED 961 per sqft)

TH165 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH165, 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, February 2015: AED 175,000 a yearRenewal, February 2016: AED 170,000 a yearRenewal, February 2017: AED 165,000 a yearNew contract, July 2020: AED 80,000 a yearNew contract, July 2021: AED 92,000 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 TH165 sits

All 126 2-beds →

TH165 last sold in April 2022 at AED 961 per sqft, in line with what two-beds in Palmera 2 were fetching at the time (AED 950). 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. TH165's AED 92,000 is at the bottom 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 →

TH165, Palmera 2 in numbers

  • Sold 3 times: first on 14 August 2013 for AED 364,444, last on 22 April 2022 for AED 2,075,000 (AED 961 per sqft).
  • Rented since February 2015 on 5 Ejari contracts. The rent fell from AED 175,000 to AED 80,000 in 2020 and recovered to AED 92,000 by July 2021.
  • At AED 92,000 a year the gross yield on the 2022 price is 4.4%, 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 22 April 2022.

Questions about TH165, Palmera 2

What did villa TH165 last sell for?

AED 2,075,000 on 22 April 2022: AED 961 per sqft for 2,158 sqft. The villa has 3 registered sales; the first was AED 364,444 in August 2013.

What is the rent for villa TH165?

AED 92,000 a year on the contract signed on 11 July 2021. The previous contract, from July 2020, was AED 80,000; the villa has been rented since February 2015.

How big is villa TH165?

2,158 sqft (200.5 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH165 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 TH165, Palmera 2

Starts from the last sale price (AED 2.08M, 22 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,075,000
Deposit, UAE resident (20%)
AED 415,000
Deposit, non-resident (40%)
AED 830,000
Monthly over 25 years at 3.7%
AED 8,489

Plus AED 92,160 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →