Home
Dubai prices
About
Research
2-bed · 2,439 sqftPalmera 1, Arabian Ranches · completed 2008

TH065, Palmera 1

Sold prices and rental history: sold 3 times, last in December 2017, and rented once, from July 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH065 · DLD and Ejari recordsUpdated 24 December 2017
Last soldAED 2.43M24 December 2017
Current rentAED 200K /yr25 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH065

Property timeline for TH065, Palmera 1

What is TH065 worth today?

Last sold for AED 2,425,000 in 2017

Unlock today's estimate, updated daily, with

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

24 Dec 2017SoldReady
AED 2,425,000AED 994 per sqft
25 Jul 2015RentedNew contract
AED 200,000/yr12 months · AED 82 per sqft
30 Dec 2012SoldReady
AED 1,200,000AED 781 per sqft
9 Dec 2009Sold by developerReady
AED 510,444AED 332 per sqft

Source: Dubai Land Department. Updated 24 December 2017.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.43M · December 2017
Community
Palmera 1

About TH065, Palmera 1

TH065 is a two-bedroom villa of 2,439 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 24 December 2017 for AED 2,425,000, or AED 994 per sqft, in line with the AED 996 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 25 July 2015. The current contract, signed on 25 July 2015, is AED 200,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH065 over time

Sales
Villa TH065, each saleTypical two-bed in Palmera 1
02M4M2008201320182023Typical 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, December 2009: AED 510,444 (AED 332 per sqft)Sold, December 2012: AED 1,200,000 (AED 781 per sqft)Sold, December 2017: AED 2,425,000 (AED 994 per sqft)

TH065 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH065, each contractTypical two-bed in Palmera 1
100K150K200K2012201620202024Typical 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 200,000 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 TH065 sits

All 100 2-beds →

TH065 last sold in December 2017 at AED 994 per sqft, in line with what two-beds in Palmera 1 were fetching at the time (AED 996). 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. TH065's AED 200,000 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 →

TH065, Palmera 1 in numbers

  • Sold 3 times: first on 9 December 2009 for AED 510,444, last on 24 December 2017 for AED 2,425,000 (AED 994 per sqft).
  • Rented since July 2015 on one Ejari contract, at AED 200,000 a year.
  • At AED 200,000 a year the gross yield on the 2017 price is 8.3%, 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 24 December 2017.

Questions about TH065, Palmera 1

What did villa TH065 last sell for?

AED 2,425,000 on 24 December 2017: AED 994 per sqft for 2,439 sqft. The villa has 3 registered sales; the first was AED 510,444 in December 2009.

What is the rent for villa TH065?

AED 200,000 a year on the contract signed on 25 July 2015.

How big is villa TH065?

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

What is villa TH065 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 TH065? 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 TH065, Palmera 1

Starts from the last sale price (AED 2.43M, 24 December 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,425,000
Deposit, UAE resident (20%)
AED 485,000
Deposit, non-resident (40%)
AED 970,000
Monthly over 25 years at 3.7%
AED 9,921

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