2-bed · 2,437 sqftPalmera 1, Arabian Ranches · completed 2008

TH002, Palmera 1

Sold prices and rental history: sold twice, last in September 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH002 · DLD and Ejari recordsUpdated 12 September 2025
Last soldAED 4.6M12 September 2025
Current rentAED 180K /yr3 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH002, Palmera 1

What is TH002 worth today?

Last sold for AED 4,600,000 in 2025

Unlock today's estimate, updated daily, with

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

12 Sep 2025SoldReady
AED 4,600,000AED 1,887 per sqft
3 May 2024RentedRenewal
AED 180,000/yr12 months · AED 74 per sqft
3 May 2023RentedRenewal
AED 170,000/yr12 months · AED 70 per sqft
3 May 2022RentedRenewal
AED 145,000/yr12 months · AED 60 per sqft
3 May 2019RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
3 Mar 2016RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
14 Feb 2015RentedNew contract
AED 195,000/yr12 months · AED 80 per sqft
15 Jan 2014RentedNew contract
AED 133,000/yr12 months · AED 55 per sqft

Source: Dubai Land Department. Updated 12 September 2025.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 4.6M · September 2025
Community
Palmera 1

About TH002, Palmera 1

TH002 is a two-bedroom villa of 2,437 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 12 September 2025 for AED 4,600,000, or AED 1,887 per sqft, 7% above the AED 1,763 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 3 May 2024, is AED 180,000 a year: a gross yield of 3.9% on the 2025 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH002 over time

Sales
Villa TH002, each saleTypical two-bed in Palmera 1
2M4M2008201320182023Typical sale price by year: 2008 AED 1,067,888; 2009 AED 981,888; 2010 AED 1,056,444; 2011 AED 991,888; 2012 AED 1,450,000; 2013 AED 1,962,500; 2014 AED 2,675,000; 2015 AED 2,243,000; 2017 AED 2,352,500; 2018 AED 1,900,000; 2019 AED 1,900,000; 2020 AED 1,670,000; 2021 AED 2,100,000; 2022 AED 2,500,000; 2023 AED 2,805,000; 2024 AED 2,950,000; 2025 AED 4,425,000Sold by developer, May 2013: AED 1,500,000 (AED 615 per sqft)Sold, September 2025: AED 4,600,000 (AED 1,887 per sqft)

TH002 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH002, each contractTypical two-bed in Palmera 1
100K150K200K2012201620202024Typical rent by year: 2012 AED 120,000; 2013 AED 137,500; 2014 AED 160,000; 2015 AED 168,000; 2016 AED 163,000; 2017 AED 150,000; 2018 AED 140,000; 2019 AED 130,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 120,000; 2023 AED 142,500; 2024 AED 160,000; 2025 AED 174,250; 2026 AED 170,000New contract, February 2013: AED 200,000 a yearNew contract, January 2014: AED 133,000 a yearNew contract, February 2015: AED 195,000 a yearNew contract, March 2016: AED 180,000 a yearRenewal, May 2019: AED 150,000 a yearRenewal, May 2022: AED 145,000 a yearRenewal, May 2023: AED 170,000 a yearRenewal, May 2024: AED 180,000 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 1, and where TH002 sits

All 100 2-beds →

TH002 last sold in September 2025 at AED 1,887 per sqft, 7% above what two-beds in Palmera 1 were fetching at the time (AED 1,763). Over the last 12 months two-beds sold for AED 4,850,000 to 6,200,000, around AED 2,214 per sqft, and rent for AED 133,456 to 264,000 a year. TH002's AED 180,000 is in the lower half of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
14 Jan 20265,400,000
29 Dec 20256,200,000
4 Dec 20254,850,000
11 Sep 20253,450,000
3 2-bed sales in the last 12 months

Palmera 1

Community

149 villas, 2-bed to 3-bed in Arabian Ranches, completed in 2008 by Emaar. 6 sold in the last 12 months.

Typical price per sqft
AED 1,983
Typical sale
AED 6.23M
Typical rent
AED 200K /yr
Typical yield
4.4%
Palmera 1, Arabian Ranches: prices, sales and rents →

TH002, Palmera 1 in numbers

  • Sold twice: first on 20 May 2013 for AED 1,500,000, last on 12 September 2025 for AED 4,600,000 (AED 1,887 per sqft).
  • Rented since February 2013 on 8 Ejari contracts. The rent fell from AED 200,000 to AED 133,000 in 2014 and recovered to AED 180,000 by May 2024.
  • At AED 180,000 a year the gross yield on the 2025 price is 3.9%, before a service charge of about AED 7,500 a year (AED 3.08 per sqft).
  • Two-beds in Palmera 1 sold for AED 4,850,000–6,200,000 in the 12 months to November 2026; the community's median across all types is AED 1,983 per sqft.

Source: Dubai Land Department. Updated 12 September 2025.

Questions about TH002, Palmera 1

What did villa TH002 last sell for?

AED 4,600,000 on 12 September 2025: AED 1,887 per sqft for 2,437 sqft. The villa has 2 registered sales; the first was AED 1,500,000 in May 2013.

What is the rent for villa TH002?

AED 180,000 a year on the contract renewed on 3 May 2024. The previous contract, from May 2023, was AED 170,000; the villa has been rented since February 2013.

How big is villa TH002?

2,437 sqft (226.4 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH002 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palmera 1 sold for AED 4,850,000 to 6,200,000 in the last 12 months, around AED 2,214 per sqft.

Selling TH002? 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 TH002, Palmera 1

Starts from the last sale price (AED 4.6M, 12 September 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,600,000
Deposit, UAE resident (20%)
AED 920,000
Deposit, non-resident (40%)
AED 1,840,000
Monthly over 25 years at 3.7%
AED 18,820

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