Home
Dubai prices
About
Research
3-bed · 3,241 sqftPalmera 1, Arabian Ranches · completed 2008

TH019, Palmera 1

Sold prices and rental history: sold twice, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH019 · DLD and Ejari recordsUpdated 28 April 2022
Last soldAED 3.6M28 April 2022
Current rentAED 155K /yr22 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH019

Property timeline for TH019, Palmera 1

What is TH019 worth today?

Last sold for AED 3,600,000 in 2022

Unlock today's estimate, updated daily, with

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

28 Apr 2022SoldReady
AED 3,600,000AED 1,110 per sqft
22 Jun 2020RentedRenewal
AED 155,000/yr12 months · AED 48 per sqft
22 Jun 2019RentedRenewal
AED 180,000/yr12 months · AED 56 per sqft
22 Jun 2017RentedNew contract
AED 180,000/yr12 months · AED 56 per sqft
1 Mar 2016RentedNew contract
AED 223,291/yr11 months · AED 69 per sqft
25 Apr 2014RentedNew contract
AED 250,000/yr12 months · AED 77 per sqft
1 Apr 2013RentedNew contract
AED 210,000/yr12 months · AED 65 per sqft
16 Mar 2009Sold by developerReady
AED 1,296,888AED 590 per sqft

Source: Dubai Land Department. Updated 28 April 2022.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 3.6M · April 2022
Community
Palmera 1

About TH019, Palmera 1

TH019 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 28 April 2022 for AED 3,600,000, or AED 1,110 per sqft, in line with the AED 1,110 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 22 June 2020, is AED 155,000 a year: a gross yield of 4.3% on the 2022 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH019 over time

Sales
Villa TH019, 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, March 2009: AED 1,296,888 (AED 590 per sqft)Sold, April 2022: AED 3,600,000 (AED 1,110 per sqft)

TH019 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH019, 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 300,000New contract, April 2013: AED 210,000 a yearNew contract, April 2014: AED 250,000 a yearNew contract, March 2016: AED 223,291 a yearNew contract, June 2017: AED 180,000 a yearRenewal, June 2019: AED 180,000 a yearRenewal, June 2020: AED 155,000 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 1, and where TH019 sits

All 49 3-beds →

TH019 last sold in April 2022 at AED 1,110 per sqft, in line with what three-beds in Palmera 1 were fetching at the time (AED 1,110). 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. TH019's AED 155,000 is at the bottom of that range.

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 →

TH019, Palmera 1 in numbers

  • Sold twice: first on 16 March 2009 for AED 1,296,888, last on 28 April 2022 for AED 3,600,000 (AED 1,110 per sqft).
  • Rented since April 2013 on 6 Ejari contracts, from AED 210,000 to AED 155,000 a year.
  • At AED 155,000 a year the gross yield on the 2022 price is 4.3%, before a service charge of about AED 10,000 a year (AED 3.08 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 28 April 2022.

Questions about TH019, Palmera 1

What did villa TH019 last sell for?

AED 3,600,000 on 28 April 2022: AED 1,110 per sqft for 3,241 sqft. The villa has 2 registered sales; the first was AED 1,296,888 in March 2009.

What is the rent for villa TH019?

AED 155,000 a year on the contract renewed on 22 June 2020. The previous contract, from June 2019, was AED 180,000; the villa has been rented since April 2013.

How big is villa TH019?

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

What is villa TH019 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.

Selling TH019? 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 TH019, Palmera 1

Starts from the last sale price (AED 3.6M, 28 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,600,000
Deposit, UAE resident (20%)
AED 720,000
Deposit, non-resident (40%)
AED 1,440,000
Monthly over 25 years at 3.7%
AED 14,729

Plus AED 156,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →