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2-bed · 2,439 sqftPalmera 1, Arabian Ranches · completed 2008

TH056, Palmera 1

Sold prices and rental history: sold once, by the developer in September 2010, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH056 · DLD and Ejari recordsUpdated 15 March 2025
Last soldAED 1.15M14 September 2010
Current rentAED 220K /yr15 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH056, Palmera 1

What is TH056 worth today?

Last sold for AED 1,150,000 in 2010

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15 Mar 2025RentedNew contract
AED 220,000/yr13 months · AED 90 per sqft
15 Jul 2024RentedRenewal
AED 162,000/yr12 months · AED 66 per sqft
15 Jul 2023RentedRenewal
AED 135,000/yr12 months · AED 55 per sqft
15 Jul 2022RentedRenewal
AED 125,000/yr12 months · AED 51 per sqft
15 Jul 2021RentedRenewal
AED 115,000/yr12 months · AED 47 per sqft
15 Jul 2020RentedNew contract
AED 110,000/yr12 months · AED 45 per sqft
8 Jul 2019RentedRenewal
AED 145,000/yr12 months · AED 59 per sqft
8 Jul 2018RentedRenewal
AED 145,000/yr12 months · AED 59 per sqft

Source: Dubai Land Department. Updated 15 March 2025.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 1.15M · September 2010
Community
Palmera 1

About TH056, Palmera 1

TH056 is a two-bedroom villa of 2,439 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 14 September 2010 for AED 1,150,000, or AED 687 per sqft, 9% above the AED 633 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 15 March 2025, is AED 220,000 a year: a gross yield of 19.1% on the 2010 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH056 over time

Sales
Villa TH056, 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, September 2010: AED 1,150,000 (AED 687 per sqft)

TH056 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH056, each contractTypical two-bed in Palmera 1
100K200K2012201620202024Typical 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, July 2015: AED 175,000 a yearRenewal, July 2016: AED 175,000 a yearNew contract, July 2017: AED 175,000 a yearRenewal, July 2018: AED 145,000 a yearRenewal, July 2019: AED 145,000 a yearNew contract, July 2020: AED 110,000 a yearRenewal, July 2021: AED 115,000 a yearRenewal, July 2022: AED 125,000 a yearRenewal, July 2023: AED 135,000 a yearRenewal, July 2024: AED 162,000 a yearNew contract, March 2025: AED 220,000 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 TH056 sits

All 100 2-beds →

TH056 last sold in September 2010 at AED 687 per sqft, 9% above what two-beds in Palmera 1 were fetching at the time (AED 633). 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. TH056's AED 220,000 is in the upper 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 →

TH056, Palmera 1 in numbers

  • Sold once: by Emaar on 14 September 2010 for AED 1,150,000, or AED 687 per sqft.
  • Rented since July 2015 on 11 Ejari contracts. The rent fell from AED 175,000 to AED 110,000 in 2020 and recovered to AED 220,000 by March 2025.
  • At AED 220,000 a year the gross yield on the 2010 price is 19.1%, before a service charge of about AED 7,500 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 15 March 2025.

Questions about TH056, Palmera 1

What did villa TH056 last sell for?

AED 1,150,000 on 14 September 2010, sold by the developer: AED 687 per sqft for 2,439 sqft. It is the only registered sale of the villa.

What is the rent for villa TH056?

AED 220,000 a year on the contract signed on 15 March 2025. The previous contract, from July 2024, was AED 162,000; the villa has been rented since July 2015.

How big is villa TH056?

2,439 sqft (226.6 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH056 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 TH056, Palmera 1

Starts from the last sale price (AED 1.15M, 14 September 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,150,000
Deposit, UAE resident (20%)
AED 230,000
Deposit, non-resident (40%)
AED 460,000
Monthly over 25 years at 3.7%
AED 4,705

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