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

TH081, Palmera 1

Sold prices and rental history: sold 3 times, last in March 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH081 · DLD and Ejari recordsUpdated 18 March 2024
Last soldAED 2.7M18 March 2024
Current rentAED 175K /yr1 February 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH081, Palmera 1

What is TH081 worth today?

Last sold for AED 2,700,000 in 2024

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18 Mar 2024SoldReady
AED 2,700,000AED 1,250 per sqft
1 Feb 2023RentedNew contract
AED 175,000/yr12 months · AED 81 per sqft
1 Nov 2022RentedNew contract
AED 137,000/yr12 months · AED 63 per sqft
1 Nov 2021RentedNew contract
AED 118,000/yr12 months · AED 55 per sqft
1 May 2017RentedRenewal
AED 152,500/yr12 months · AED 71 per sqft
24 Nov 2014RentedNew contract
AED 170,000/yr12 months · AED 79 per sqft
14 May 2014SoldReady
AED 2,600,000AED 1,204 per sqft
7 Dec 2012RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 18 March 2024.

Key facts

Type
2-bed villa
Size
2,158 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.7M · March 2024
Community
Palmera 1

About TH081, Palmera 1

TH081 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 18 March 2024 for AED 2,700,000, or AED 1,250 per sqft, in line with the AED 1,255 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, signed on 1 February 2023, is AED 175,000 a year: a gross yield of 6.5% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH081 over time

Sales
Villa TH081, 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, May 2009: AED 823,888 (AED 427 per sqft)Sold, May 2014: AED 2,600,000 (AED 1,204 per sqft)Sold, March 2024: AED 2,700,000 (AED 1,250 per sqft)

TH081 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH081, 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, December 2012: AED 120,000 a yearNew contract, November 2014: AED 170,000 a yearRenewal, May 2017: AED 152,500 a yearNew contract, November 2021: AED 118,000 a yearNew contract, November 2022: AED 137,000 a yearNew contract, February 2023: AED 175,000 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 TH081 sits

All 100 2-beds →

TH081 last sold in March 2024 at AED 1,250 per sqft, in line with what two-beds in Palmera 1 were fetching at the time (AED 1,255). 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. TH081's AED 175,000 is in the lower 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 →

TH081, Palmera 1 in numbers

  • Sold 3 times: first on 25 May 2009 for AED 823,888, last on 18 March 2024 for AED 2,700,000 (AED 1,250 per sqft).
  • Rented since December 2012 on 6 Ejari contracts, from AED 120,000 to AED 175,000 a year.
  • At AED 175,000 a year the gross yield on the 2024 price is 6.5%, before a service charge of about AED 6,600 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 18 March 2024.

Questions about TH081, Palmera 1

What did villa TH081 last sell for?

AED 2,700,000 on 18 March 2024: AED 1,250 per sqft for 2,158 sqft. The villa has 3 registered sales; the first was AED 823,888 in May 2009.

What is the rent for villa TH081?

AED 175,000 a year on the contract signed on 1 February 2023. The previous contract, from November 2022, was AED 137,000; the villa has been rented since December 2012.

How big is villa TH081?

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

What is villa TH081 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 TH081, Palmera 1

Starts from the last sale price (AED 2.7M, 18 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

Plus AED 118,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →