3-bed · 3,241 sqftPalmera 1, Arabian Ranches · completed 2008

TH097, Palmera 1

Sold prices and rental history: sold 3 times, last in October 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH097 · DLD and Ejari recordsUpdated 20 October 2021
Last soldAED 3.7M20 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH097, Palmera 1

What is TH097 worth today?

Last sold for AED 3,700,000 in 2021

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20 Oct 2021SoldReady
AED 3,700,000AED 1,141 per sqft
29 Jan 2013SoldReady
AED 3,560,000AED 2,118 per sqft
29 Sep 2009Sold by developerReady
AED 680,444AED 404 per sqft

Source: Dubai Land Department. Updated 20 October 2021.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 3.7M · October 2021
Community
Palmera 1

About TH097, Palmera 1

TH097 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 20 October 2021 for AED 3,700,000, or AED 1,141 per sqft, 21% above the AED 945 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH097 over time

Sales
Villa TH097, each saleTypical three-bed in Palmera 1
02.5M5M2008201320182023Typical 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, September 2009: AED 680,444 (AED 404 per sqft)Sold, January 2013: AED 3,560,000 (AED 2,118 per sqft)Sold, October 2021: AED 3,700,000 (AED 1,141 per sqft)

TH097 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH097, 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 300,000

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 TH097 sits

All 49 3-beds →

TH097 last sold in October 2021 at AED 1,141 per sqft, 21% above what three-beds in Palmera 1 were fetching at the time (AED 945). 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.

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 →

TH097, Palmera 1 in numbers

  • Sold 3 times: first on 29 September 2009 for AED 680,444, last on 20 October 2021 for AED 3,700,000 (AED 1,141 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 20 October 2021.

Questions about TH097, Palmera 1

What did villa TH097 last sell for?

AED 3,700,000 on 20 October 2021: AED 1,141 per sqft for 3,241 sqft. The villa has 3 registered sales; the first was AED 680,444 in September 2009.

How big is villa TH097?

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

What is villa TH097 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 TH097, Palmera 1

Starts from the last sale price (AED 3.7M, 20 October 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,700,000
Deposit, UAE resident (20%)
AED 740,000
Deposit, non-resident (40%)
AED 1,480,000
Monthly over 25 years at 3.7%
AED 15,138

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