3-bed · 1,315 sqftPalmera 1, Arabian Ranches · completed 2008

TH096, Palmera 1

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH096 · DLD and Ejari recordsUpdated 15 April 2025
Last soldAED 2.9M24 February 2013
Current rentAED 270K /yr15 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH096, Palmera 1

What is TH096 worth today?

Last sold for AED 2,900,000 in 2013

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15 Apr 2025RentedRenewal
AED 270,000/yr12 months · AED 83 per sqft
15 Apr 2024RentedNew contract
AED 270,000/yr12 months · AED 83 per sqft
6 Mar 2023RentedNew contract
AED 250,000/yr12 months · AED 77 per sqft
21 Feb 2022RentedNew contract
AED 185,000/yr12 months · AED 57 per sqft
5 Jan 2021RentedRenewal
AED 135,000/yr12 months · AED 42 per sqft
5 Jan 2020RentedNew contract
AED 135,000/yr12 months · AED 42 per sqft
27 Oct 2018RentedNew contract
AED 170,000/yr12 months · AED 52 per sqft
24 Jul 2017RentedNew contract
AED 180,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 15 April 2025.

Key facts

Type
3-bed villa
Size
1,315 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,000 /yr
Last sold
AED 2.9M · February 2013
Community
Palmera 1

About TH096, Palmera 1

TH096 is a three-bedroom villa of 1,315 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 24 February 2013 for AED 2,900,000, or AED 2,205 per sqft, 49% above the AED 1,484 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 15 April 2025, is AED 270,000 a year: a gross yield of 9.3% on the 2013 price, before the service charge of about AED 4,000 a year.

Sales and rents for TH096 over time

Sales
Villa TH096, 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 2013: AED 2,900,000 (AED 2,205 per sqft)

TH096 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH096, 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, February 2013: AED 190,000 a yearNew contract, April 2015: AED 205,000 a yearNew contract, July 2016: AED 195,000 a yearNew contract, July 2017: AED 180,000 a yearNew contract, October 2018: AED 170,000 a yearNew contract, January 2020: AED 135,000 a yearRenewal, January 2021: AED 135,000 a yearNew contract, February 2022: AED 185,000 a yearNew contract, March 2023: AED 250,000 a yearNew contract, April 2024: AED 270,000 a yearRenewal, April 2025: AED 270,000 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 TH096 sits

All 49 3-beds →

TH096 last sold in February 2013 at AED 2,205 per sqft, 49% above what three-beds in Palmera 1 were fetching at the time (AED 1,484). 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. TH096's AED 270,000 is in the lower half 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 →

TH096, Palmera 1 in numbers

  • Sold once: by Emaar on 24 February 2013 for AED 2,900,000, or AED 2,205 per sqft.
  • Rented since February 2013 on 11 Ejari contracts. The rent fell from AED 190,000 to AED 135,000 in 2021 and recovered to AED 270,000 by April 2025.
  • At AED 270,000 a year the gross yield on the 2013 price is 9.3%, before a service charge of about AED 4,000 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 15 April 2025.

Questions about TH096, Palmera 1

What did villa TH096 last sell for?

AED 2,900,000 on 24 February 2013, sold by the developer: AED 2,205 per sqft for 1,315 sqft. It is the only registered sale of the villa.

What is the rent for villa TH096?

AED 270,000 a year on the contract renewed on 15 April 2025. The previous contract, from April 2024, was AED 270,000; the villa has been rented since February 2013.

How big is villa TH096?

1,315 sqft (122.2 sqm): a three-bedroom villa in Palmera 1, completed in 2008.

What is villa TH096 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 TH096, Palmera 1

Starts from the last sale price (AED 2.9M, 24 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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