2-bed · 1,698 sqftPalmera 1, Arabian Ranches · completed 2008

TH045, Palmera 1

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH045 · DLD and Ejari recordsUpdated 13 May 2025
Last soldAED 875K18 February 2009
Current rentAED 170K /yr13 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH045, Palmera 1

What is TH045 worth today?

Last sold for AED 874,888 in 2009

Unlock today's estimate, updated daily, with

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

13 May 2025RentedRenewal
AED 170,000/yr12 months · AED 79 per sqft
13 May 2024RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
15 Jul 2023RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
20 Apr 2022RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
23 Aug 2021RentedRenewal
AED 99,000/yr12 months · AED 46 per sqft
23 Aug 2020RentedNew contract
AED 90,000/yr12 months · AED 42 per sqft
13 Aug 2019RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
13 Aug 2018RentedRenewal
AED 137,500/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 13 May 2025.

Key facts

Type
2-bed villa
Size
1,698 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,200 /yr
Last sold
AED 875K · February 2009
Community
Palmera 1

About TH045, Palmera 1

TH045 is a two-bedroom villa of 1,698 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 18 February 2009 for AED 874,888, or AED 515 per sqft, 38% below the AED 836 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 14 Ejari contracts. The current contract, renewed on 13 May 2025, is AED 170,000 a year: a gross yield of 19.4% on the 2009 price, before the service charge of about AED 5,200 a year.

Sales and rents for TH045 over time

Sales
Villa TH045, 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, February 2009: AED 874,888 (AED 515 per sqft)

TH045 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH045, 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, June 2012: AED 100,000 a yearRenewal, June 2014: AED 121,000 a yearRenewal, June 2015: AED 132,672 a yearNew contract, February 2016: AED 145,000 a yearNew contract, August 2016: AED 145,000 a yearNew contract, August 2017: AED 140,000 a yearRenewal, August 2018: AED 137,500 a yearRenewal, August 2019: AED 135,000 a yearNew contract, August 2020: AED 90,000 a yearRenewal, August 2021: AED 99,000 a yearNew contract, April 2022: AED 125,000 a yearNew contract, July 2023: AED 160,000 a yearNew contract, May 2024: AED 170,000 a yearRenewal, May 2025: AED 170,000 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 TH045 sits

All 100 2-beds →

TH045 last sold in February 2009 at AED 515 per sqft, 38% below what two-beds in Palmera 1 were fetching at the time (AED 836). 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. TH045's AED 170,000 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 →

TH045, Palmera 1 in numbers

  • Sold once: by Emaar on 18 February 2009 for AED 874,888, or AED 515 per sqft.
  • Rented since June 2012 on 14 Ejari contracts, from AED 100,000 to AED 170,000 a year.
  • At AED 170,000 a year the gross yield on the 2009 price is 19.4%, before a service charge of about AED 5,200 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 13 May 2025.

Questions about TH045, Palmera 1

What did villa TH045 last sell for?

AED 874,888 on 18 February 2009, sold by the developer: AED 515 per sqft for 1,698 sqft. It is the only registered sale of the villa.

What is the rent for villa TH045?

AED 170,000 a year on the contract renewed on 13 May 2025. The previous contract, from May 2024, was AED 170,000; the villa has been rented since June 2012.

How big is villa TH045?

1,698 sqft (157.7 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH045 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 TH045? 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 TH045, Palmera 1

Starts from the last sale price (AED 875K, 18 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 874,888
Deposit, UAE resident (20%)
AED 174,978
Deposit, non-resident (40%)
AED 349,955
Monthly over 25 years at 3.7%
AED 3,579

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