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2-bed · 1,924 sqftPalmera 1, Arabian Ranches · completed 2008

TH099, Palmera 1

Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH099 · DLD and Ejari recordsUpdated 5 July 2021
Last soldAED 729K4 May 2010
Current rentAED 90K /yr5 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH099, Palmera 1

What is TH099 worth today?

Last sold for AED 728,888 in 2010

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5 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 42 per sqft
5 Jul 2020RentedNew contract
AED 83,000/yr12 months · AED 38 per sqft
1 Sep 2018RentedNew contract
AED 131,000/yr12 months · AED 61 per sqft
1 Jun 2014RentedNew contract
AED 165,000/yr12 months · AED 77 per sqft
28 May 2013RentedRenewal
AED 113,000/yr12 months · AED 52 per sqft
28 May 2012RentedNew contract
AED 113,000/yr12 months · AED 52 per sqft
4 May 2010Sold by developerReady
AED 728,888AED 378 per sqft

Source: Dubai Land Department. Updated 5 July 2021.

Key facts

Type
2-bed villa
Size
1,924 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,900 /yr
Last sold
AED 729K · May 2010
Community
Palmera 1

About TH099, Palmera 1

TH099 is a two-bedroom villa of 1,924 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 4 May 2010 for AED 728,888, or AED 378 per sqft, 28% below the AED 525 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 5 July 2021, is AED 90,000 a year: a gross yield of 12.3% on the 2010 price, before the service charge of about AED 5,900 a year.

Sales and rents for TH099 over time

Sales
Villa TH099, 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, May 2010: AED 728,888 (AED 378 per sqft)

TH099 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH099, 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, May 2012: AED 113,000 a yearRenewal, May 2013: AED 113,000 a yearNew contract, June 2014: AED 165,000 a yearNew contract, September 2018: AED 131,000 a yearNew contract, July 2020: AED 83,000 a yearRenewal, July 2021: AED 90,000 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 TH099 sits

All 100 2-beds →

TH099 last sold in May 2010 at AED 378 per sqft, 28% below what two-beds in Palmera 1 were fetching at the time (AED 525). 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. TH099's AED 90,000 is at the bottom 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 →

TH099, Palmera 1 in numbers

  • Sold once: by Emaar on 4 May 2010 for AED 728,888, or AED 378 per sqft.
  • Rented since May 2012 on 6 Ejari contracts, from AED 113,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2010 price is 12.3%, before a service charge of about AED 5,900 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 5 July 2021.

Questions about TH099, Palmera 1

What did villa TH099 last sell for?

AED 728,888 on 4 May 2010, sold by the developer: AED 378 per sqft for 1,924 sqft. It is the only registered sale of the villa.

What is the rent for villa TH099?

AED 90,000 a year on the contract renewed on 5 July 2021. The previous contract, from July 2020, was AED 83,000; the villa has been rented since May 2012.

How big is villa TH099?

1,924 sqft (178.7 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH099 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 TH099, Palmera 1

Starts from the last sale price (AED 729K, 4 May 2010). Switch to today's estimate once you have unlocked it.
Price
AED 728,888
Deposit, UAE resident (20%)
AED 145,778
Deposit, non-resident (40%)
AED 291,555
Monthly over 25 years at 3.7%
AED 2,982

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