Home
Dubai prices
About
Research
2-bed · 2,366 sqftPalmera 1, Arabian Ranches · completed 2008

TH038, Palmera 1

Sold prices and rental history: sold twice, last in May 2013, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH038 · DLD and Ejari recordsUpdated 21 May 2013
Last soldAED 2.5M21 May 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH038

Property timeline for TH038, Palmera 1

What is TH038 worth today?

Last sold for AED 2,500,000 in 2013

Unlock today's estimate, updated daily, with

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

21 May 2013SoldReady
AED 2,500,000AED 1,056 per sqft
3 Mar 2011Sold by developerReady
AED 3,144,000AED 1,329 per sqft

Source: Dubai Land Department. Updated 21 May 2013.

Key facts

Type
2-bed villa
Size
2,366 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,300 /yr
Last sold
AED 2.5M · May 2013
Community
Palmera 1

About TH038, Palmera 1

TH038 is a two-bedroom villa of 2,366 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 21 May 2013 for AED 2,500,000, or AED 1,056 per sqft, 23% above the AED 858 two-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH038 over time

Sales
Villa TH038, 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 2011: AED 3,144,000 (AED 1,329 per sqft)Sold, May 2013: AED 2,500,000 (AED 1,056 per sqft)

TH038 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH038, 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 170,000

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 TH038 sits

All 100 2-beds →

TH038 last sold in May 2013 at AED 1,056 per sqft, 23% above what two-beds in Palmera 1 were fetching at the time (AED 858). 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.

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 →

TH038, Palmera 1 in numbers

  • Sold twice: first on 3 March 2011 for AED 3,144,000, last on 21 May 2013 for AED 2,500,000 (AED 1,056 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 21 May 2013.

Questions about TH038, Palmera 1

What did villa TH038 last sell for?

AED 2,500,000 on 21 May 2013: AED 1,056 per sqft for 2,366 sqft. The villa has 2 registered sales; the first was AED 3,144,000 in March 2011.

How big is villa TH038?

2,366 sqft (219.8 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH038 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 TH038? 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 TH038, Palmera 1

Starts from the last sale price (AED 2.5M, 21 May 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

Plus AED 110,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →