Arabian Ranches 2 Palma, Wadi Al Safa 7

Arabian Ranches 2 Palma is a residential building in Wadi Al Safa 7, Dubai, developed by Emaar. It holds about 121 units: 3-bedroom apartments, 4-bedroom apartments, 5-bedroom apartments.

The building was completed in 2016 and has been in use for about 10 years. 10 units changed hands in the last 12 months, registered with the Dubai Land Department. Recent sales went through at a median of AED 1,822 per sq ft.

Arabian Ranches 2 Palma is one of 42 buildings in Wadi Al Safa 7: 20 are complete and 16 are still being built.

• A residential ready building
• Located in Wadi Al Safa 7, Dubai
• Developed by Emaar
• Completed in Q2 2016
• Unit types: 3 Beds, 4 Beds, 5 Beds
• Sizes from 4,250 to 7,160 sq ft
• Service charge from AED 3.22 per sq ft

Status

Ready

Developer

Emaar

Location

Wadi Al Safa 7, Dubai

Completed

Q2 2016

Unit types

3 Beds, 4 Beds, 5 Beds

Prices from

AED 3.5M

Median price per sq ft

AED 1,822

Median gross yield

3.4%

Service charge

AED 3.22 per sq ft (2023)

Nearest metro

Hadaeq Mohammed Bin Rashid, 3 km

Price ranges from the most recent registered sales, by unit type:

• 3-bedroom apartments: AED 4.8M to AED 6.2M (4,359 to 5,439 sq ft), across 7 sales
• 4-bedroom apartments: AED 5.7M to AED 7.7M (4,650 to 5,308 sq ft), across 7 sales
• 5-bedroom apartments: AED 6.0M to AED 7.5M (4,359 to 7,110 sq ft), across 6 sales

A recent 5-bedroom contract in Arabian Ranches 2 Palma was let for AED 315.0K a year.

Yearly rents from recent registered contracts, by unit type:

• 5-bedroom apartments: AED 315.0K a year (4,359 sq ft)

Every sale in Arabian Ranches 2 PalmaEvery rent contract in Arabian Ranches 2 Palma

The 2023 service charge in Arabian Ranches 2 Palma is AED 3.22 per sq ft for homes. It is paid yearly by the owner, covers upkeep, security and shared areas, and is set by the building’s owners association and registered with the Dubai Land Department.

Source: Dubai Land Department service charge index. Rates are reviewed each year.

Stations planned on new lines nearby include Hadaeq Mohammed Bin Rashid (golden line, 3 km, about 8 min drive) and Dubai Miracle Garden (golden line, 3.3 km, about 9 min drive).

• Hadaeq Mohammed Bin RashidGolden line · 3 km · about 8 min drive
• Dubai Miracle GardenGolden line · 3.3 km · about 9 min drive
• Meydan Etihad Rail InterchangeGolden line · 3.8 km · about 10 min drive
• Global VillageGolden line · 5.4 km · about 13 min drive
• Jumeirah Village CircleGolden line · 6.8 km · about 16 min drive

The closest is Uptown Motor City, 2.3 km from Arabian Ranches 2 Palma (about 7 min drive).

• Uptown Motor CityShopping Mall · 2.3 km · about 7 min drive
• Arena MallShopping Mall · 4.6 km · about 11 min drive

The closest is Global Village, 5.3 km from Arabian Ranches 2 Palma (about 13 min drive).

• Global VillagePark · 5.3 km · about 13 min drive

The nearest is Ranches Primary School, 0.9 km away. Ratings are the KHDA's latest inspection grades.

• Ranches Primary SchoolUK · KHDA: Very good · 0.9 km
• Fairgreen International School L.L.CInternational Baccalaureate · KHDA: Good · 1.6 km
• GEMS Metropole School - Dubai BranchUK · KHDA: Good · 2.3 km
• Jumeirah English Speaking School (Br)UK - International Baccalaureate · KHDA: Outstanding · 2.3 km
• Horizon English School Town SquareUK · KHDA: Not inspected yet · 2.9 km
• Lycée français international (Branch)French · KHDA: Not inspected yet · 3.1 km

Wadi Al Safa 7 has 42 buildings. A few others to compare Arabian Ranches 2 Palma with:

• 

  Al Waha Villas

  Wadi Al Safa 7 · Dubai Properties

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  Ar 2 - Casa Community

  Wadi Al Safa 7 · Emaar

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  Ar 2 - Reem Community

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  Completed 2020

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  Ar 2 - Samara Community

  Wadi Al Safa 7 · Emaar

  Completed 2018

• Ready

  Ar 2 - Yasmin Community

  Wadi Al Safa 7 · Emaar

  Completed 2017

• Ready

  Ar 2- Rasha Community

  Wadi Al Safa 7 · Emaar

  Completed 2017