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2-bed · 2,439 sqftPalmera 1, Arabian Ranches · completed 2008

TH089, Palmera 1

Sold prices and rental history: sold once, by the developer in June 2015, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH089 · DLD and Ejari recordsUpdated 7 July 2025
Last soldAED 996K15 June 2015
Current rentAED 195K /yr7 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH089, Palmera 1

What is TH089 worth today?

Last sold for AED 995,888 in 2015

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7 Jul 2025RentedRenewal
AED 195,000/yr12 months · AED 80 per sqft
7 Jul 2024RentedRenewal
AED 195,000/yr12 months · AED 80 per sqft
7 Dec 2022RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
1 Jan 2022RentedRenewal
AED 136,500/yr12 months · AED 56 per sqft
1 Jan 2019RentedNew contract
AED 130,000/yr12 months · AED 53 per sqft
15 Jun 2017RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
15 Jun 2015Sold by developerReady
AED 995,888AED 408 per sqft

Source: Dubai Land Department. Updated 7 July 2025.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 996K · June 2015
Community
Palmera 1

About TH089, Palmera 1

TH089 is a two-bedroom villa of 2,439 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 15 June 2015 for AED 995,888, or AED 408 per sqft, 62% below the AED 1,072 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 6 Ejari contracts. The current contract, renewed on 7 July 2025, is AED 195,000 a year: a gross yield of 19.6% on the 2015 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH089 over time

Sales
Villa TH089, 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, June 2015: AED 995,888 (AED 408 per sqft)

TH089 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH089, 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, June 2017: AED 170,000 a yearNew contract, January 2019: AED 130,000 a yearRenewal, January 2022: AED 136,500 a yearNew contract, December 2022: AED 170,000 a yearRenewal, July 2024: AED 195,000 a yearRenewal, July 2025: AED 195,000 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 TH089 sits

All 100 2-beds →

TH089 last sold in June 2015 at AED 408 per sqft, 62% below what two-beds in Palmera 1 were fetching at the time (AED 1,072). 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. TH089's AED 195,000 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 →

TH089, Palmera 1 in numbers

  • Sold once: by Emaar on 15 June 2015 for AED 995,888, or AED 408 per sqft.
  • Rented since June 2017 on 6 Ejari contracts. The rent fell from AED 170,000 to AED 130,000 in 2019 and recovered to AED 195,000 by July 2025.
  • At AED 195,000 a year the gross yield on the 2015 price is 19.6%, 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 7 July 2025.

Questions about TH089, Palmera 1

What did villa TH089 last sell for?

AED 995,888 on 15 June 2015, sold by the developer: AED 408 per sqft for 2,439 sqft. It is the only registered sale of the villa.

What is the rent for villa TH089?

AED 195,000 a year on the contract renewed on 7 July 2025. The previous contract, from July 2024, was AED 195,000; the villa has been rented since June 2017.

How big is villa TH089?

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

What is villa TH089 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 TH089, Palmera 1

Starts from the last sale price (AED 996K, 15 June 2015). Switch to today's estimate once you have unlocked it.
Price
AED 995,888
Deposit, UAE resident (20%)
AED 199,178
Deposit, non-resident (40%)
AED 398,355
Monthly over 25 years at 3.7%
AED 4,074

Plus AED 46,838 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →