Home
Dubai prices
About
Research
3-bed · 3,241 sqftPalmera 1, Arabian Ranches · completed 2008

TH079, Palmera 1

Sold prices and rental history: sold twice, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH079 · DLD and Ejari recordsUpdated 1 November 2022
Last soldAED 4.15M1 November 2022
Current rentAED 150K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH079

Property timeline for TH079, Palmera 1

What is TH079 worth today?

Last sold for AED 4,150,000 in 2022

Unlock today's estimate, updated daily, with

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

1 Nov 2022SoldReady
AED 4,150,000AED 1,280 per sqft
15 Oct 2021RentedRenewal
AED 149,625/yr12 months · AED 46 per sqft
15 Oct 2020RentedNew contract
AED 142,500/yr12 months · AED 44 per sqft
1 Jul 2017RentedRenewal
AED 214,000/yr12 months · AED 66 per sqft
1 Jul 2016RentedRenewal
AED 235,000/yr12 months · AED 73 per sqft
1 Jul 2014RentedNew contract
AED 235,000/yr12 months · AED 73 per sqft
15 Aug 2013RentedNew contract
AED 225,000/yr12 months · AED 69 per sqft
1 Feb 2009Sold by developerReady
AED 1,580,888AED 1,271 per sqft

Source: Dubai Land Department. Updated 1 November 2022.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 4.15M · November 2022
Community
Palmera 1

About TH079, Palmera 1

TH079 is a three-bedroom villa of 3,241 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 1 November 2022 for AED 4,150,000, or AED 1,280 per sqft, 14% above the AED 1,123 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 October 2021, is AED 149,625 a year: a gross yield of 3.6% on the 2022 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH079 over time

Sales
Villa TH079, each saleTypical three-bed in Palmera 1
2.5M5M2008201320182023Typical sale price by year: 2008 AED 1,350,888; 2009 AED 1,351,888; 2010 AED 1,335,888; 2011 AED 1,383,388; 2012 AED 1,418,888; 2013 AED 2,900,000; 2015 AED 3,150,000; 2019 AED 2,050,000; 2020 AED 2,300,000; 2021 AED 3,225,000; 2022 AED 3,925,000; 2023 AED 4,325,000; 2025 AED 5,875,000Sold by developer, February 2009: AED 1,580,888 (AED 1,271 per sqft)Sold, November 2022: AED 4,150,000 (AED 1,280 per sqft)

TH079 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH079, each contractTypical three-bed in Palmera 1
200K300K2012201620202024Typical rent by year: 2012 AED 170,000; 2013 AED 187,500; 2014 AED 215,000; 2015 AED 210,000; 2016 AED 217,500; 2017 AED 188,750; 2018 AED 177,535; 2019 AED 165,000; 2020 AED 150,000; 2021 AED 152,000; 2022 AED 175,000; 2023 AED 209,719; 2024 AED 234,070; 2025 AED 260,000; 2026 AED 300,000New contract, August 2013: AED 225,000 a yearNew contract, July 2014: AED 235,000 a yearRenewal, July 2016: AED 235,000 a yearRenewal, July 2017: AED 214,000 a yearNew contract, October 2020: AED 142,500 a yearRenewal, October 2021: AED 149,625 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Palmera 1, and where TH079 sits

All 49 3-beds →

TH079 last sold in November 2022 at AED 1,280 per sqft, 14% above what three-beds in Palmera 1 were fetching at the time (AED 1,123). Over the last 12 months three-beds sold for AED 6,250,000 to 6,400,000, around AED 1,928 per sqft, and rent for AED 240,000 to 350,000 a year. TH079's AED 149,625 is at the bottom of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
16 Jan 20266,250,000
8 Jan 20266,250,000
10 Dec 20256,400,000
21 Oct 20256,350,000
3 3-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 →

TH079, Palmera 1 in numbers

  • Sold twice: first on 1 February 2009 for AED 1,580,888, last on 1 November 2022 for AED 4,150,000 (AED 1,280 per sqft).
  • Rented since August 2013 on 6 Ejari contracts, from AED 225,000 to AED 149,625 a year.
  • At AED 149,625 a year the gross yield on the 2022 price is 3.6%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).
  • Three-beds in Palmera 1 sold for AED 6,250,000–6,400,000 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 November 2022.

Questions about TH079, Palmera 1

What did villa TH079 last sell for?

AED 4,150,000 on 1 November 2022: AED 1,280 per sqft for 3,241 sqft. The villa has 2 registered sales; the first was AED 1,580,888 in February 2009.

What is the rent for villa TH079?

AED 149,625 a year on the contract renewed on 15 October 2021. The previous contract, from October 2020, was AED 142,500; the villa has been rented since August 2013.

How big is villa TH079?

3,241 sqft (301.1 sqm): a three-bedroom villa in Palmera 1, completed in 2008.

What is villa TH079 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palmera 1 sold for AED 6,250,000 to 6,400,000 in the last 12 months, around AED 1,928 per sqft.

Selling TH079? 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 TH079, Palmera 1

Starts from the last sale price (AED 4.15M, 1 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,150,000
Deposit, UAE resident (20%)
AED 830,000
Deposit, non-resident (40%)
AED 1,660,000
Monthly over 25 years at 3.7%
AED 16,979

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