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2-bed · 2,158 sqftPalmera 1, Arabian Ranches · completed 2008

TH070, Palmera 1

Sold prices and rental history: sold 5 times, last in December 2019, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH070 · DLD and Ejari recordsUpdated 24 December 2019
Last soldAED 1.46M24 December 2019
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH070, Palmera 1

What is TH070 worth today?

Last sold for AED 1,460,000 in 2019

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24 Dec 2019SoldReady
AED 1,460,000AED 676 per sqft
2 Jun 2015SoldReady
AED 2,000,000AED 926 per sqft
3 Mar 2013SoldReady
AED 2,080,000AED 1,153 per sqft
16 Jul 2008Sold by developerReady
AED 2,300,000AED 1,275 per sqft
16 Jul 2008SoldReady
AED 831,888AED 461 per sqft

Source: Dubai Land Department. Updated 24 December 2019.

Key facts

Type
2-bed villa
Size
2,158 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 1.46M · December 2019
Community
Palmera 1

About TH070, Palmera 1

TH070 is a two-bedroom villa of 2,158 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 24 December 2019 for AED 1,460,000, or AED 676 per sqft, 13% below the AED 779 two-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH070 over time

Sales
Villa TH070, 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, July 2008: AED 2,300,000 (AED 1,275 per sqft)Sold, July 2008: AED 831,888 (AED 461 per sqft)Sold, March 2013: AED 2,080,000 (AED 1,153 per sqft)Sold, June 2015: AED 2,000,000 (AED 926 per sqft)Sold, December 2019: AED 1,460,000 (AED 676 per sqft)

TH070 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH070, 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 170,000

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 TH070 sits

All 100 2-beds →

TH070 last sold in December 2019 at AED 676 per sqft, 13% below what two-beds in Palmera 1 were fetching at the time (AED 779). 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.

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 →

TH070, Palmera 1 in numbers

  • Sold 5 times: first on 16 July 2008 for AED 831,888, last on 24 December 2019 for AED 1,460,000 (AED 676 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 2019.

Questions about TH070, Palmera 1

What did villa TH070 last sell for?

AED 1,460,000 on 24 December 2019: AED 676 per sqft for 2,158 sqft. The villa has 5 registered sales; the first was AED 831,888 in July 2008.

How big is villa TH070?

2,158 sqft (200.5 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH070 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 TH070, Palmera 1

Starts from the last sale price (AED 1.46M, 24 December 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,460,000
Deposit, UAE resident (20%)
AED 292,000
Deposit, non-resident (40%)
AED 584,000
Monthly over 25 years at 3.7%
AED 5,973

Plus AED 66,330 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →