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3-bed · 1,049 sqftPalmera 1, Arabian Ranches · completed 2008

TH042, Palmera 1

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH042 · DLD and Ejari recordsUpdated 1 June 2025
Last soldAED 1.44M2 January 2011
Current rentAED 175K /yr1 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH042, Palmera 1

What is TH042 worth today?

Last sold for AED 1,440,888 in 2011

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1 Jun 2025RentedRenewal
AED 175,000/yr12 months · AED 54 per sqft
1 Jun 2024RentedRenewal
AED 164,000/yr12 months · AED 51 per sqft
1 Jun 2023RentedRenewal
AED 146,000/yr12 months · AED 45 per sqft
1 Jun 2021RentedRenewal
AED 146,000/yr12 months · AED 45 per sqft
1 Jun 2020RentedRenewal
AED 146,000/yr12 months · AED 45 per sqft
1 Jun 2019RentedRenewal
AED 165,000/yr12 months · AED 51 per sqft
1 Jun 2018RentedRenewal
AED 170,000/yr12 months · AED 52 per sqft
1 Jun 2017RentedNew contract
AED 185,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 1 June 2025.

Key facts

Type
3-bed villa
Size
1,049 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,200 /yr
Last sold
AED 1.44M · January 2011
Community
Palmera 1

About TH042, Palmera 1

TH042 is a three-bedroom villa of 1,049 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 2 January 2011 for AED 1,440,888, or AED 1,373 per sqft, 20% above the AED 1,141 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 June 2025, is AED 175,000 a year: a gross yield of 12.2% on the 2011 price, before the service charge of about AED 3,200 a year.

Sales and rents for TH042 over time

Sales
Villa TH042, 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, January 2011: AED 1,440,888 (AED 1,373 per sqft)

TH042 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH042, 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, March 2013: AED 170,000 a yearNew contract, March 2014: AED 190,000 a yearNew contract, March 2015: AED 195,000 a yearRenewal, February 2016: AED 195,000 a yearNew contract, June 2017: AED 185,000 a yearRenewal, June 2018: AED 170,000 a yearRenewal, June 2019: AED 165,000 a yearRenewal, June 2020: AED 146,000 a yearRenewal, June 2021: AED 146,000 a yearRenewal, June 2023: AED 146,000 a yearRenewal, June 2024: AED 164,000 a yearRenewal, June 2025: AED 175,000 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 TH042 sits

All 49 3-beds →

TH042 last sold in January 2011 at AED 1,373 per sqft, 20% above what three-beds in Palmera 1 were fetching at the time (AED 1,141). 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. TH042's AED 175,000 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 →

TH042, Palmera 1 in numbers

  • Sold once: by Emaar on 2 January 2011 for AED 1,440,888, or AED 1,373 per sqft.
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 170,000 to AED 146,000 in 2023 and recovered to AED 175,000 by June 2025.
  • At AED 175,000 a year the gross yield on the 2011 price is 12.2%, before a service charge of about AED 3,200 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 1 June 2025.

Questions about TH042, Palmera 1

What did villa TH042 last sell for?

AED 1,440,888 on 2 January 2011, sold by the developer: AED 1,373 per sqft for 1,049 sqft. It is the only registered sale of the villa.

What is the rent for villa TH042?

AED 175,000 a year on the contract renewed on 1 June 2025. The previous contract, from June 2024, was AED 164,000; the villa has been rented since March 2013.

How big is villa TH042?

1,049 sqft (97.5 sqm): a three-bedroom villa in Palmera 1, completed in 2008.

What is villa TH042 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 TH042, Palmera 1

Starts from the last sale price (AED 1.44M, 2 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,440,888
Deposit, UAE resident (20%)
AED 288,178
Deposit, non-resident (40%)
AED 576,355
Monthly over 25 years at 3.7%
AED 5,895

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