Home
Dubai prices
About
Research
2-bed · 2,437 sqftPalmera 2, Arabian Ranches · completed 2008

TH167, Palmera 2

Sold prices and rental history: sold 5 times, last in March 2019, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH167 · DLD and Ejari recordsUpdated 21 March 2019
Last soldAED 2.05M21 March 2019
Current rentAED 160K /yr1 October 2017
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH167

Property timeline for TH167, Palmera 2

What is TH167 worth today?

Last sold for AED 2,050,000 in 2019

Unlock today's estimate, updated daily, with

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

21 Mar 2019SoldReady
AED 2,050,000AED 841 per sqft
29 Oct 2017SoldReady
AED 2,200,000AED 902 per sqft
1 Oct 2017RentedNew contract
AED 159,828/yr1 months · AED 66 per sqft
15 Jul 2015RentedNew contract
AED 179,517/yr12 months · AED 74 per sqft
30 Jun 2015SoldReady
AED 2,700,000AED 1,107 per sqft
18 Nov 2008Sold by developerReady
AED 959,888AED 580 per sqft
18 Nov 2008SoldReady
AED 2,450,000AED 1,482 per sqft

Source: Dubai Land Department. Updated 21 March 2019.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.05M · March 2019
Community
Palmera 2

About TH167, Palmera 2

TH167 is a two-bedroom villa of 2,437 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 21 March 2019 for AED 2,050,000, or AED 841 per sqft, in line with the AED 859 two-beds in the community were fetching at the time.

It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 October 2017, is AED 159,828 a year: a gross yield of 7.8% on the 2019 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH167 over time

Sales
Villa TH167, 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 959,888 (AED 580 per sqft)Sold, November 2008: AED 2,450,000 (AED 1,482 per sqft)Sold, June 2015: AED 2,700,000 (AED 1,107 per sqft)Sold, October 2017: AED 2,200,000 (AED 902 per sqft)Sold, March 2019: AED 2,050,000 (AED 841 per sqft)

TH167 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH167, 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, July 2015: AED 179,517 a yearNew contract, October 2017: AED 159,828 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 TH167 sits

All 126 2-beds →

TH167 last sold in March 2019 at AED 841 per sqft, in line with what two-beds in Palmera 2 were fetching at the time (AED 859). 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. TH167's AED 159,828 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 →

TH167, Palmera 2 in numbers

  • Sold 5 times: first on 18 November 2008 for AED 2,450,000, last on 21 March 2019 for AED 2,050,000 (AED 841 per sqft).
  • Rented since July 2015 on 2 Ejari contracts, from AED 179,517 to AED 159,828 a year.
  • At AED 159,828 a year the gross yield on the 2019 price is 7.8%, before a service charge of about AED 7,500 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 21 March 2019.

Questions about TH167, Palmera 2

What did villa TH167 last sell for?

AED 2,050,000 on 21 March 2019: AED 841 per sqft for 2,437 sqft. The villa has 5 registered sales; the first was AED 2,450,000 in November 2008.

What is the rent for villa TH167?

AED 159,828 a year on the contract signed on 1 October 2017. The previous contract, from July 2015, was AED 179,517.

How big is villa TH167?

2,437 sqft (226.4 sqm): a two-bedroom villa in Palmera 2, completed in 2008.

What is villa TH167 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 TH167? 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 TH167, Palmera 2

Starts from the last sale price (AED 2.05M, 21 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,050,000
Deposit, UAE resident (20%)
AED 410,000
Deposit, non-resident (40%)
AED 820,000
Monthly over 25 years at 3.7%
AED 8,387

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