3-bed · 947 sqftPalmera 1, Arabian Ranches · completed 2008

TH048, Palmera 1

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

Villa TH048 · DLD and Ejari recordsUpdated 4 June 2013
Last soldAED 3.65M4 June 2013
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH048, Palmera 1

What is TH048 worth today?

Last sold for AED 3,650,000 in 2013

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4 Jun 2013SoldReady
AED 3,650,000AED 3,856 per sqft
26 May 2009Sold by developerReady
AED 3,500,000AED 3,697 per sqft

Source: Dubai Land Department. Updated 4 June 2013.

Key facts

Type
3-bed villa
Size
947 sqft
Developer
Emaar
Completed
2008
Service charge
AED 2,900 /yr
Last sold
AED 3.65M · June 2013
Community
Palmera 1

About TH048, Palmera 1

TH048 is a three-bedroom villa of 947 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 4 June 2013 for AED 3,650,000, or AED 3,856 per sqft, 141% above the AED 1,600 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH048 over time

Sales
Villa TH048, 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, May 2009: AED 3,500,000 (AED 3,697 per sqft)Sold, June 2013: AED 3,650,000 (AED 3,856 per sqft)

TH048 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH048, 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 300,000

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 TH048 sits

All 49 3-beds →

TH048 last sold in June 2013 at AED 3,856 per sqft, 141% above what three-beds in Palmera 1 were fetching at the time (AED 1,600). 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.

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 →

TH048, Palmera 1 in numbers

  • Sold twice: first on 26 May 2009 for AED 3,500,000, last on 4 June 2013 for AED 3,650,000 (AED 3,856 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 4 June 2013.

Questions about TH048, Palmera 1

What did villa TH048 last sell for?

AED 3,650,000 on 4 June 2013: AED 3,856 per sqft for 947 sqft. The villa has 2 registered sales; the first was AED 3,500,000 in May 2009.

How big is villa TH048?

947 sqft (88.0 sqm): a three-bedroom villa in Palmera 1, completed in 2008.

What is villa TH048 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 TH048, Palmera 1

Starts from the last sale price (AED 3.65M, 4 June 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,650,000
Deposit, UAE resident (20%)
AED 730,000
Deposit, non-resident (40%)
AED 1,460,000
Monthly over 25 years at 3.7%
AED 14,933

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