3-bed · 1,541 sqftPalmera 2, Arabian Ranches · completed 2008

TH187, Palmera 2

Sold prices and rental history: sold once, by the developer in April 2010, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH187 · DLD and Ejari recordsUpdated 1 May 2025
Last soldAED 1.34M28 April 2010
Current rentAED 300K /yr1 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH187, Palmera 2

What is TH187 worth today?

Last sold for AED 1,340,888 in 2010

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1 May 2025RentedRenewal
AED 300,000/yr12 months · AED 93 per sqft
1 May 2024RentedNew contract
AED 300,000/yr12 months · AED 93 per sqft
3 Mar 2023RentedNew contract
AED 170,000/yr12 months · AED 52 per sqft
3 Mar 2022RentedRenewal
AED 170,000/yr12 months · AED 52 per sqft
3 Mar 2021RentedRenewal
AED 155,000/yr12 months · AED 48 per sqft
3 Mar 2020RentedNew contract
AED 155,000/yr12 months · AED 48 per sqft
28 Apr 2010Sold by developerReady
AED 1,340,888AED 870 per sqft

Source: Dubai Land Department. Updated 1 May 2025.

Key facts

Type
3-bed villa
Size
1,541 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,700 /yr
Last sold
AED 1.34M · April 2010
Community
Palmera 2

About TH187, Palmera 2

TH187 is a three-bedroom villa of 1,541 sqft in Palmera 2, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 28 April 2010 for AED 1,340,888, or AED 870 per sqft, in line with the AED 870 three-beds in the community were fetching at the time.

It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 May 2025, is AED 300,000 a year: a gross yield of 22.4% on the 2010 price, before the service charge of about AED 4,700 a year.

Sales and rents for TH187 over time

Sales
Villa TH187, 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, April 2010: AED 1,340,888 (AED 870 per sqft)

TH187 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH187, 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 279,000New contract, March 2020: AED 155,000 a yearRenewal, March 2021: AED 155,000 a yearRenewal, March 2022: AED 170,000 a yearNew contract, March 2023: AED 170,000 a yearNew contract, May 2024: AED 300,000 a yearRenewal, May 2025: AED 300,000 a year

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 TH187 sits

All 63 3-beds →

TH187 last sold in April 2010 at AED 870 per sqft, in line with what three-beds in Palmera 2 were fetching at the time (AED 870).

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 →

TH187, Palmera 2 in numbers

  • Sold once: by Emaar on 28 April 2010 for AED 1,340,888, or AED 870 per sqft.
  • Rented since March 2020 on 6 Ejari contracts, from AED 155,000 to AED 300,000 a year.
  • At AED 300,000 a year the gross yield on the 2010 price is 22.4%, before a service charge of about AED 4,700 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 May 2025.

Questions about TH187, Palmera 2

What did villa TH187 last sell for?

AED 1,340,888 on 28 April 2010, sold by the developer: AED 870 per sqft for 1,541 sqft. It is the only registered sale of the villa.

What is the rent for villa TH187?

AED 300,000 a year on the contract renewed on 1 May 2025. The previous contract, from May 2024, was AED 300,000; the villa has been rented since March 2020.

How big is villa TH187?

1,541 sqft (143.2 sqm): a three-bedroom villa in Palmera 2, completed in 2008.

What is villa TH187 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 TH187, Palmera 2

Starts from the last sale price (AED 1.34M, 28 April 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,340,888
Deposit, UAE resident (20%)
AED 268,178
Deposit, non-resident (40%)
AED 536,355
Monthly over 25 years at 3.7%
AED 5,486

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