3-bed · 956 sqftPalmera 1, Arabian Ranches · completed 2008

TH085, Palmera 1

Sold prices and rental history: sold once, by the developer in August 2012, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH085 · DLD and Ejari recordsUpdated 15 December 2024
Last soldAED 1.42M26 August 2012
Current rentAED 200K /yr15 December 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH085, Palmera 1

What is TH085 worth today?

Last sold for AED 1,418,888 in 2012

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15 Dec 2024RentedRenewal
AED 199,500/yr12 months · AED 62 per sqft
15 Dec 2023RentedRenewal
AED 190,000/yr12 months · AED 59 per sqft
15 Dec 2021RentedNew contract
AED 180,000/yr12 months · AED 56 per sqft
1 Feb 2021RentedRenewal
AED 150,000/yr12 months · AED 46 per sqft
1 Feb 2020RentedNew contract
AED 150,000/yr12 months · AED 46 per sqft
15 Aug 2019RentedNew contract
AED 150,000/yr12 months · AED 46 per sqft
15 May 2018RentedRenewal
AED 185,000/yr12 months · AED 57 per sqft
15 May 2017RentedNew contract
AED 185,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 15 December 2024.

Key facts

Type
3-bed villa
Size
956 sqft
Developer
Emaar
Completed
2008
Service charge
AED 2,900 /yr
Last sold
AED 1.42M · August 2012
Community
Palmera 1

About TH085, Palmera 1

TH085 is a three-bedroom villa of 956 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 26 August 2012 for AED 1,418,888, or AED 1,484 per sqft, in line with the AED 1,469 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 15 December 2024, is AED 199,500 a year: a gross yield of 14.1% on the 2012 price, before the service charge of about AED 2,900 a year.

Sales and rents for TH085 over time

Sales
Villa TH085, 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, August 2012: AED 1,418,888 (AED 1,484 per sqft)

TH085 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH085, 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, March 2012: AED 170,000 a yearNew contract, March 2013: AED 180,000 a yearNew contract, April 2014: AED 195,000 a yearNew contract, April 2015: AED 195,000 a yearRenewal, April 2016: AED 210,000 a yearNew contract, May 2017: AED 185,000 a yearRenewal, May 2018: AED 185,000 a yearNew contract, August 2019: AED 150,000 a yearNew contract, February 2020: AED 150,000 a yearRenewal, February 2021: AED 150,000 a yearNew contract, December 2021: AED 180,000 a yearRenewal, December 2023: AED 190,000 a yearRenewal, December 2024: AED 199,500 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 TH085 sits

All 49 3-beds →

TH085 last sold in August 2012 at AED 1,484 per sqft, in line with what three-beds in Palmera 1 were fetching at the time (AED 1,469). 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. TH085's AED 199,500 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 →

TH085, Palmera 1 in numbers

  • Sold once: by Emaar on 26 August 2012 for AED 1,418,888, or AED 1,484 per sqft.
  • Rented since March 2012 on 13 Ejari contracts. The rent fell from AED 170,000 to AED 150,000 in 2021 and recovered to AED 199,500 by December 2024.
  • At AED 199,500 a year the gross yield on the 2012 price is 14.1%, before a service charge of about AED 2,900 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 15 December 2024.

Questions about TH085, Palmera 1

What did villa TH085 last sell for?

AED 1,418,888 on 26 August 2012, sold by the developer: AED 1,484 per sqft for 956 sqft. It is the only registered sale of the villa.

What is the rent for villa TH085?

AED 199,500 a year on the contract renewed on 15 December 2024. The previous contract, from December 2023, was AED 190,000; the villa has been rented since March 2012.

How big is villa TH085?

956 sqft (88.8 sqm): a three-bedroom villa in Palmera 1, completed in 2008.

What is villa TH085 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.

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Mortgage on TH085, Palmera 1

Starts from the last sale price (AED 1.42M, 26 August 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,418,888
Deposit, UAE resident (20%)
AED 283,778
Deposit, non-resident (40%)
AED 567,555
Monthly over 25 years at 3.7%
AED 5,805

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