Home
Dubai prices
About
Research
2-bed · 1,981 sqftPalmera 1, Arabian Ranches · completed 2008

TH022, Palmera 1

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH022 · DLD and Ejari recordsUpdated 27 May 2025
Last soldAED 803K10 March 2010
Current rentAED 175K /yr27 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH022

Property timeline for TH022, Palmera 1

What is TH022 worth today?

Last sold for AED 802,888 in 2010

Unlock today's estimate, updated daily, with

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

27 May 2025RentedRenewal
AED 175,000/yr12 months · AED 81 per sqft
27 May 2024RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
4 Aug 2022RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
1 Apr 2021RentedNew contract
AED 90,000/yr12 months · AED 42 per sqft
1 Apr 2020RentedNew contract
AED 85,000/yr12 months · AED 39 per sqft
21 Feb 2019RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
18 Oct 2017RentedRenewal
AED 150,000/yr12 months · AED 70 per sqft
18 Oct 2016RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 27 May 2025.

Key facts

Type
2-bed villa
Size
1,981 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,100 /yr
Last sold
AED 803K · March 2010
Community
Palmera 1

About TH022, Palmera 1

TH022 is a two-bedroom villa of 1,981 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 10 March 2010 for AED 802,888, or AED 405 per sqft, 36% below the AED 635 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 27 May 2025, is AED 175,000 a year: a gross yield of 21.8% on the 2010 price, before the service charge of about AED 6,100 a year.

Sales and rents for TH022 over time

Sales
Villa TH022, 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, March 2010: AED 802,888 (AED 405 per sqft)

TH022 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH022, each contractTypical two-bed in Palmera 1
100K150K2012201620202024Typical 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, July 2012: AED 95,000 a yearNew contract, July 2013: AED 122,000 a yearRenewal, July 2014: AED 162,500 a yearNew contract, September 2015: AED 155,000 a yearNew contract, September 2016: AED 155,000 a yearNew contract, October 2016: AED 150,000 a yearRenewal, October 2017: AED 150,000 a yearNew contract, February 2019: AED 100,000 a yearNew contract, April 2020: AED 85,000 a yearNew contract, April 2021: AED 90,000 a yearNew contract, August 2022: AED 120,000 a yearNew contract, May 2024: AED 170,000 a yearRenewal, May 2025: AED 175,000 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 TH022 sits

All 100 2-beds →

TH022 last sold in March 2010 at AED 405 per sqft, 36% below what two-beds in Palmera 1 were fetching at the time (AED 635). 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. TH022's AED 175,000 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
12 Sep 20254,600,000
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 →

TH022, Palmera 1 in numbers

  • Sold once: by Emaar on 10 March 2010 for AED 802,888, or AED 405 per sqft.
  • Rented since July 2012 on 13 Ejari contracts. The rent fell from AED 95,000 to AED 85,000 in 2020 and recovered to AED 175,000 by May 2025.
  • At AED 175,000 a year the gross yield on the 2010 price is 21.8%, before a service charge of about AED 6,100 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 27 May 2025.

Questions about TH022, Palmera 1

What did villa TH022 last sell for?

AED 802,888 on 10 March 2010, sold by the developer: AED 405 per sqft for 1,981 sqft. It is the only registered sale of the villa.

What is the rent for villa TH022?

AED 175,000 a year on the contract renewed on 27 May 2025. The previous contract, from May 2024, was AED 170,000; the villa has been rented since July 2012.

How big is villa TH022?

1,981 sqft (184.0 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH022 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 TH022? 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 TH022, Palmera 1

Starts from the last sale price (AED 803K, 10 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 802,888
Deposit, UAE resident (20%)
AED 160,578
Deposit, non-resident (40%)
AED 321,155
Monthly over 25 years at 3.7%
AED 3,285

Plus AED 38,732 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →