2-bed · 2,437 sqftPalmera 2, Arabian Ranches · completed 2008

TH182, Palmera 2

Sold prices and rental history: sold 5 times, last in September 2016, and rented once, from May 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH182 · DLD and Ejari recordsUpdated 5 September 2016
Last soldAED 1.38M5 September 2016
Current rentAED 185K /yr7 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH182, Palmera 2

What is TH182 worth today?

Last sold for AED 1,375,000 in 2016

Unlock today's estimate, updated daily, with

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

5 Sep 2016SoldReady
AED 1,375,000AED 564 per sqft
7 May 2016RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft
26 Mar 2014SoldReady
AED 3,050,000AED 1,251 per sqft
11 Apr 2011SoldReady
AED 750,000AED 626 per sqft
27 Jan 2011Sold by developerReady
AED 967,888AED 807 per sqft
27 Jan 2011SoldReady
AED 1,330,000AED 1,110 per sqft

Source: Dubai Land Department. Updated 5 September 2016.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 1.38M · September 2016
Community
Palmera 2

About TH182, Palmera 2

TH182 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 5 September 2016 for AED 1,375,000, or AED 564 per sqft, 47% below the AED 1,066 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 7 May 2016. The current contract, signed on 7 May 2016, is AED 185,000 a year: a gross yield of 13.5% on the 2016 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH182 over time

Sales
Villa TH182, 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 2011: AED 967,888 (AED 807 per sqft)Sold, January 2011: AED 1,330,000 (AED 1,110 per sqft)Sold, April 2011: AED 750,000 (AED 626 per sqft)Sold, March 2014: AED 3,050,000 (AED 1,251 per sqft)Sold, September 2016: AED 1,375,000 (AED 564 per sqft)

TH182 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH182, 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, May 2016: AED 185,000 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 TH182 sits

All 126 2-beds →

TH182 last sold in September 2016 at AED 564 per sqft, 47% below what two-beds in Palmera 2 were fetching at the time (AED 1,066). 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. TH182's AED 185,000 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 →

TH182, Palmera 2 in numbers

  • Sold 5 times: first on 27 January 2011 for AED 1,330,000, last on 5 September 2016 for AED 1,375,000 (AED 564 per sqft).
  • Rented since May 2016 on one Ejari contract, at AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2016 price is 13.5%, 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 5 September 2016.

Questions about TH182, Palmera 2

What did villa TH182 last sell for?

AED 1,375,000 on 5 September 2016: AED 564 per sqft for 2,437 sqft. The villa has 5 registered sales; the first was AED 1,330,000 in January 2011.

What is the rent for villa TH182?

AED 185,000 a year on the contract signed on 7 May 2016.

How big is villa TH182?

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

What is villa TH182 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 TH182? 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 TH182, Palmera 2

Starts from the last sale price (AED 1.38M, 5 September 2016). Switch to today's estimate once you have unlocked it.
Price
AED 1,375,000
Deposit, UAE resident (20%)
AED 275,000
Deposit, non-resident (40%)
AED 550,000
Monthly over 25 years at 3.7%
AED 5,626

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