Home
Dubai prices
About
Research
3-bed · 3,241 sqftPalmera 1, Arabian Ranches · completed 2008

TH109, Palmera 1

Sold prices and rental history: sold twice, last in March 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH109 · DLD and Ejari recordsUpdated 21 March 2019
Last soldAED 2.48M21 March 2019
Current rentAED 175K /yr21 May 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH109

Property timeline for TH109, Palmera 1

What is TH109 worth today?

Last sold for AED 2,475,000 in 2019

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

21 Mar 2019SoldReady
AED 2,475,000AED 763 per sqft
21 May 2018RentedRenewal
AED 175,069/yr14 months · AED 54 per sqft
21 May 2017RentedNew contract
AED 180,000/yr12 months · AED 56 per sqft
28 Apr 2016RentedNew contract
AED 220,000/yr12 months · AED 68 per sqft
30 Apr 2014RentedNew contract
AED 220,000/yr12 months · AED 68 per sqft
24 Oct 2013RentedRenewal
AED 90,000/yr12 months · AED 28 per sqft
24 Oct 2012RentedNew contract
AED 175,000/yr12 months · AED 54 per sqft
19 Jan 2009Sold by developerReady
AED 1,218,888AED 795 per sqft

Source: Dubai Land Department. Updated 21 March 2019.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 2.48M · March 2019
Community
Palmera 1

About TH109, Palmera 1

TH109 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 21 March 2019 for AED 2,475,000, or AED 763 per sqft.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 21 May 2018, is AED 175,069 a year: a gross yield of 7.1% on the 2019 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH109 over time

Sales
Villa TH109, 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, January 2009: AED 1,218,888 (AED 795 per sqft)Sold, March 2019: AED 2,475,000 (AED 763 per sqft)

TH109 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH109, each contractTypical three-bed in Palmera 1
100K200K300K2012201620202024Typical 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, October 2012: AED 175,000 a yearRenewal, October 2013: AED 90,000 a yearNew contract, April 2014: AED 220,000 a yearNew contract, April 2016: AED 220,000 a yearNew contract, May 2017: AED 180,000 a yearRenewal, May 2018: AED 175,069 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 TH109 sits

All 49 3-beds →

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. TH109's AED 175,069 is at the bottom 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 →

TH109, Palmera 1 in numbers

  • Sold twice: first on 19 January 2009 for AED 1,218,888, last on 21 March 2019 for AED 2,475,000 (AED 763 per sqft).
  • Rented since October 2012 on 6 Ejari contracts. The rent fell from AED 175,000 to AED 90,000 in 2013 and recovered to AED 175,069 by May 2018.
  • At AED 175,069 a year the gross yield on the 2019 price is 7.1%, before a service charge of about AED 10,000 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 21 March 2019.

Questions about TH109, Palmera 1

What did villa TH109 last sell for?

AED 2,475,000 on 21 March 2019: AED 763 per sqft for 3,241 sqft. The villa has 2 registered sales; the first was AED 1,218,888 in January 2009.

What is the rent for villa TH109?

AED 175,069 a year on the contract renewed on 21 May 2018. The previous contract, from May 2017, was AED 180,000; the villa has been rented since October 2012.

How big is villa TH109?

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

What is villa TH109 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.

Selling TH109? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH109, Palmera 1

Starts from the last sale price (AED 2.48M, 21 March 2019). Switch to today's estimate once you have unlocked it.
Price
AED 2,475,000
Deposit, UAE resident (20%)
AED 495,000
Deposit, non-resident (40%)
AED 990,000
Monthly over 25 years at 3.7%
AED 10,126

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