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2-bed · 1,749 sqftPalmera 1, Arabian Ranches · completed 2008

TH052, Palmera 1

Sold prices and rental history: sold twice, last in December 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH052 · DLD and Ejari recordsUpdated 1 July 2024
Last soldAED 1.45M28 December 2011
Current rentAED 127K /yr1 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH052, Palmera 1

What is TH052 worth today?

Last sold for AED 1,450,000 in 2011

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1 Jul 2024RentedRenewal
AED 126,500/yr6 months · AED 59 per sqft
1 Jul 2023RentedRenewal
AED 115,000/yr12 months · AED 53 per sqft
1 Jul 2022RentedRenewal
AED 110,250/yr12 months · AED 51 per sqft
1 Jul 2021RentedRenewal
AED 105,000/yr12 months · AED 49 per sqft
1 Jul 2020RentedRenewal
AED 97,000/yr12 months · AED 45 per sqft
1 Jul 2019RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
15 Dec 2018RentedRenewal
AED 129,527/yr6 months · AED 60 per sqft
15 Dec 2016RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 July 2024.

Key facts

Type
2-bed villa
Size
1,749 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,400 /yr
Last sold
AED 1.45M · December 2011
Community
Palmera 1

About TH052, Palmera 1

TH052 is a two-bedroom villa of 1,749 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 28 December 2011 for AED 1,450,000, or AED 829 per sqft, 25% above the AED 664 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 July 2024, is AED 126,500 a year: a gross yield of 8.7% on the 2011 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH052 over time

Sales
Villa TH052, 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, December 2011: AED 1,450,000 (AED 829 per sqft)Sold by developer, December 2011: AED 831,888 (AED 475 per sqft)

TH052 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH052, 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, January 2012: AED 100,000 a yearNew contract, December 2013: AED 155,000 a yearNew contract, December 2016: AED 155,000 a yearRenewal, December 2018: AED 129,527 a yearNew contract, July 2019: AED 115,000 a yearRenewal, July 2020: AED 97,000 a yearRenewal, July 2021: AED 105,000 a yearRenewal, July 2022: AED 110,250 a yearRenewal, July 2023: AED 115,000 a yearRenewal, July 2024: AED 126,500 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 TH052 sits

All 100 2-beds →

TH052 last sold in December 2011 at AED 829 per sqft, 25% above what two-beds in Palmera 1 were fetching at the time (AED 664). 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. TH052's AED 126,500 is at the bottom 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 →

TH052, Palmera 1 in numbers

  • Sold twice: first on 27 December 2011 for AED 831,888, last on 28 December 2011 for AED 1,450,000 (AED 829 per sqft).
  • Rented since January 2012 on 10 Ejari contracts, from AED 100,000 to AED 126,500 a year.
  • At AED 126,500 a year the gross yield on the 2011 price is 8.7%, before a service charge of about AED 5,400 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 1 July 2024.

Questions about TH052, Palmera 1

What did villa TH052 last sell for?

AED 1,450,000 on 28 December 2011: AED 829 per sqft for 1,749 sqft. The villa has 2 registered sales; the first was AED 831,888 in December 2011.

What is the rent for villa TH052?

AED 126,500 a year on the contract renewed on 1 July 2024. The previous contract, from July 2023, was AED 115,000; the villa has been rented since January 2012.

How big is villa TH052?

1,749 sqft (162.5 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH052 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 TH052, Palmera 1

Starts from the last sale price (AED 1.45M, 28 December 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,450,000
Deposit, UAE resident (20%)
AED 290,000
Deposit, non-resident (40%)
AED 580,000
Monthly over 25 years at 3.7%
AED 5,932

Plus AED 65,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →