3-bed · 3,241 sqftPalmera 1, Arabian Ranches · completed 2008

TH012, Palmera 1

Sold prices and rental history: sold 3 times, last in March 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH012 · DLD and Ejari recordsUpdated 16 March 2020
Last soldAED 2.3M16 March 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH012, Palmera 1

What is TH012 worth today?

Last sold for AED 2,300,000 in 2020

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16 Mar 2020SoldReady
AED 2,300,000AED 709 per sqft
25 Oct 2017SoldReady
AED 3,000,000AED 925 per sqft
5 Oct 2015Sold by developerReady
AED 2,112,500AED 651 per sqft

Source: Dubai Land Department. Updated 16 March 2020.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 2.3M · March 2020
Community
Palmera 1

About TH012, Palmera 1

TH012 is a three-bedroom villa of 3,241 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 16 March 2020 for AED 2,300,000, or AED 709 per sqft, 6% above the AED 671 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH012 over time

Sales
Villa TH012, each saleTypical three-bed in Palmera 1
2.5M5M2008201320182023Typical sale price by year: 2008 AED 1,350,888; 2009 AED 1,351,888; 2010 AED 1,335,888; 2011 AED 1,383,388; 2012 AED 1,418,888; 2013 AED 2,900,000; 2015 AED 3,150,000; 2019 AED 2,050,000; 2020 AED 2,300,000; 2021 AED 3,225,000; 2022 AED 3,925,000; 2023 AED 4,325,000; 2025 AED 5,875,000Sold by developer, October 2015: AED 2,112,500 (AED 651 per sqft)Sold, October 2017: AED 3,000,000 (AED 925 per sqft)Sold, March 2020: AED 2,300,000 (AED 709 per sqft)

TH012 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH012, each contractTypical three-bed in Palmera 1
200K300K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 187,500; 2014 AED 215,000; 2015 AED 210,000; 2016 AED 217,500; 2017 AED 188,750; 2018 AED 177,535; 2019 AED 165,000; 2020 AED 150,000; 2021 AED 152,000; 2022 AED 175,000; 2023 AED 209,719; 2024 AED 234,070; 2025 AED 260,000; 2026 AED 300,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Palmera 1, and where TH012 sits

All 49 3-beds →

TH012 last sold in March 2020 at AED 709 per sqft, 6% above what three-beds in Palmera 1 were fetching at the time (AED 671). Over the last 12 months three-beds sold for AED 6,250,000 to 6,400,000, around AED 1,928 per sqft, and rent for AED 240,000 to 350,000 a year.

Recent 3-bed salesVilla no.Price (AED)Summary
16 Jan 20266,250,000
8 Jan 20266,250,000
10 Dec 20256,400,000
21 Oct 20256,350,000
3 3-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 →

TH012, Palmera 1 in numbers

  • Sold 3 times: first on 5 October 2015 for AED 2,112,500, last on 16 March 2020 for AED 2,300,000 (AED 709 per sqft).
  • Three-beds in Palmera 1 sold for AED 6,250,000–6,400,000 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 16 March 2020.

Questions about TH012, Palmera 1

What did villa TH012 last sell for?

AED 2,300,000 on 16 March 2020: AED 709 per sqft for 3,241 sqft. The villa has 3 registered sales; the first was AED 2,112,500 in October 2015.

How big is villa TH012?

3,241 sqft (301.1 sqm): a three-bedroom villa in Palmera 1, completed in 2008.

What is villa TH012 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palmera 1 sold for AED 6,250,000 to 6,400,000 in the last 12 months, around AED 1,928 per sqft.

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Mortgage on TH012, Palmera 1

Starts from the last sale price (AED 2.3M, 16 March 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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