2-bed · 1,485 sqftPalmera 1, Arabian Ranches · completed 2008

TH098, Palmera 1

Sold prices and rental history: sold once, by the developer in June 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH098 · DLD and Ejari recordsUpdated 10 January 2026
Last soldAED 973K14 June 2009
Current rentAED 160K /yr10 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH098, Palmera 1

What is TH098 worth today?

Last sold for AED 972,888 in 2009

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10 Jan 2026RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft
10 Jan 2025RentedRenewal
AED 145,000/yr12 months · AED 59 per sqft
10 Jan 2024RentedNew contract
AED 145,000/yr12 months · AED 59 per sqft
10 Jan 2023RentedRenewal
AED 130,000/yr12 months · AED 53 per sqft
10 Jan 2022RentedRenewal
AED 115,000/yr12 months · AED 47 per sqft
10 Jan 2021RentedNew contract
AED 115,000/yr12 months · AED 47 per sqft
3 Jan 2020RentedRenewal
AED 130,000/yr12 months · AED 53 per sqft
3 Jan 2019RentedNew contract
AED 130,000/yr12 months · AED 53 per sqft

Source: Dubai Land Department. Updated 10 January 2026.

Key facts

Type
2-bed villa
Size
1,485 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,600 /yr
Last sold
AED 973K · June 2009
Community
Palmera 1

About TH098, Palmera 1

TH098 is a two-bedroom villa of 1,485 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 14 June 2009 for AED 972,888, or AED 655 per sqft, 14% below the AED 758 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 10 January 2026, is AED 160,000 a year: a gross yield of 16.4% on the 2009 price, before the service charge of about AED 4,600 a year.

Sales and rents for TH098 over time

Sales
Villa TH098, 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 2009: AED 972,888 (AED 655 per sqft)

TH098 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH098, 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, February 2013: AED 126,000 a yearNew contract, March 2015: AED 180,000 a yearNew contract, September 2015: AED 175,000 a yearNew contract, November 2016: AED 160,000 a yearRenewal, November 2017: AED 150,000 a yearNew contract, January 2019: AED 130,000 a yearRenewal, January 2020: AED 130,000 a yearNew contract, January 2021: AED 115,000 a yearRenewal, January 2022: AED 115,000 a yearRenewal, January 2023: AED 130,000 a yearNew contract, January 2024: AED 145,000 a yearRenewal, January 2025: AED 145,000 a yearRenewal, January 2026: AED 160,000 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 TH098 sits

All 100 2-beds →

TH098 last sold in June 2009 at AED 655 per sqft, 14% below what two-beds in Palmera 1 were fetching at the time (AED 758). 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. TH098's AED 160,000 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 →

TH098, Palmera 1 in numbers

  • Sold once: by Emaar on 14 June 2009 for AED 972,888, or AED 655 per sqft.
  • Rented since February 2013 on 13 Ejari contracts, from AED 126,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2009 price is 16.4%, before a service charge of about AED 4,600 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 10 January 2026.

Questions about TH098, Palmera 1

What did villa TH098 last sell for?

AED 972,888 on 14 June 2009, sold by the developer: AED 655 per sqft for 1,485 sqft. It is the only registered sale of the villa.

What is the rent for villa TH098?

AED 160,000 a year on the contract renewed on 10 January 2026. The previous contract, from January 2025, was AED 145,000; the villa has been rented since February 2013.

How big is villa TH098?

1,485 sqft (138.0 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH098 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 TH098, Palmera 1

Starts from the last sale price (AED 973K, 14 June 2009). Switch to today's estimate once you have unlocked it.
Price
AED 972,888
Deposit, UAE resident (20%)
AED 194,578
Deposit, non-resident (40%)
AED 389,155
Monthly over 25 years at 3.7%
AED 3,980

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