TH051, Palmera 1
Sold prices and rental history: sold twice, last in November 2008, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH051, Palmera 1
What is TH051 worth today?
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Source: Dubai Land Department. Updated 12 December 2025.
Key facts
- Type
- 2-bed villa
- Size
- 1,697 sqft
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 5,200 /yr
- Last sold
- AED 1.5M · November 2008
- Community
- Palmera 1
About TH051, Palmera 1
TH051 is a two-bedroom villa of 1,697 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 24 November 2008 for AED 1,500,000, or AED 883 per sqft, in line with the AED 883 two-beds in the community were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 12 December 2025, is AED 160,000 a year: a gross yield of 10.7% on the 2008 price, before the service charge of about AED 5,200 a year.
Sales and rents for TH051 over time
TH051 has sold twice; the dashed line is the two-bed median of each year in the community.
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 TH051 sits
All 100 2-beds →TH051 last sold in November 2008 at AED 883 per sqft, in line with what two-beds in Palmera 1 were fetching at the time (AED 883). 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. TH051's AED 160,000 is in the lower half of that range.
| Recent 2-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 2,439 sqft | 5,400,000 | 2,214 | ||
| 29 Dec 202529 December 2025 | 2,437 sqft | 6,200,000 | 2,544 | ||
| 4 Dec 20254 December 2025 | 2,437 sqft | 4,850,000 | 1,990 | ||
| 12 Sep 202512 September 2025 | 2,437 sqft | 4,600,000 | 1,887 |
Palmera 1
Community149 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%
TH051, Palmera 1 in numbers
- Sold twice: first on 24 November 2008 for AED 882,888, last on 24 November 2008 for AED 1,500,000 (AED 883 per sqft).
- Rented since February 2014 on 10 Ejari contracts, from AED 135,364 to AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2008 price is 10.7%, 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 12 December 2025.
Questions about TH051, Palmera 1
What did villa TH051 last sell for?
AED 1,500,000 on 24 November 2008, sold by the developer: AED 883 per sqft for 1,697 sqft. The villa has 2 registered sales; the first was AED 882,888 in November 2008.
What is the rent for villa TH051?
AED 160,000 a year on the contract renewed on 12 December 2025. The previous contract, from December 2024, was AED 160,000; the villa has been rented since February 2014.
How big is villa TH051?
1,697 sqft (157.7 sqm): a two-bedroom villa in Palmera 1, completed in 2008.
What is villa TH051 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.
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Mortgage on TH051, Palmera 1
Starts from the last sale price (AED 1.5M, 24 November 2008). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →