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2-bed · 2,021 sqftPalmera 1, Arabian Ranches · completed 2008

TH117, Palmera 1

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

Villa TH117 · DLD and Ejari recordsUpdated 18 January 2026
Last soldAED 689K7 July 2013
Current rentAED 165K /yr18 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH117, Palmera 1

What is TH117 worth today?

Last sold for AED 688,888 in 2013

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18 Jan 2026RentedNew contract
AED 165,000/yr12 months · AED 77 per sqft
27 Feb 2025RentedRenewal
AED 132,000/yr12 months · AED 61 per sqft
27 Feb 2024RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
27 Feb 2023RentedRenewal
AED 116,000/yr12 months · AED 54 per sqft
27 Feb 2022RentedRenewal
AED 112,000/yr12 months · AED 52 per sqft
27 Feb 2019RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
17 Jan 2018RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
24 Jan 2016RentedRenewal
AED 158,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 18 January 2026.

Key facts

Type
2-bed villa
Size
2,021 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,200 /yr
Last sold
AED 689K · July 2013
Community
Palmera 1

About TH117, Palmera 1

TH117 is a two-bedroom villa of 2,021 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 7 July 2013 for AED 688,888, or AED 340 per sqft, 58% below the AED 819 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 18 January 2026, is AED 165,000 a year: a gross yield of 23.9% on the 2013 price, before the service charge of about AED 6,200 a year.

Sales and rents for TH117 over time

Sales
Villa TH117, 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, July 2013: AED 688,888 (AED 340 per sqft)

TH117 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH117, 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, March 2013: AED 110,000 a yearNew contract, January 2015: AED 158,000 a yearRenewal, January 2016: AED 158,000 a yearNew contract, January 2018: AED 120,000 a yearNew contract, February 2019: AED 115,000 a yearRenewal, February 2022: AED 112,000 a yearRenewal, February 2023: AED 116,000 a yearRenewal, February 2024: AED 120,000 a yearRenewal, February 2025: AED 132,000 a yearNew contract, January 2026: AED 165,000 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 TH117 sits

All 100 2-beds →

TH117 last sold in July 2013 at AED 340 per sqft, 58% below what two-beds in Palmera 1 were fetching at the time (AED 819). 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. TH117's AED 165,000 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 →

TH117, Palmera 1 in numbers

  • Sold once: by Emaar on 7 July 2013 for AED 688,888, or AED 340 per sqft.
  • Rented since March 2013 on 10 Ejari contracts, from AED 110,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2013 price is 23.9%, before a service charge of about AED 6,200 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 18 January 2026.

Questions about TH117, Palmera 1

What did villa TH117 last sell for?

AED 688,888 on 7 July 2013, sold by the developer: AED 340 per sqft for 2,021 sqft. It is the only registered sale of the villa.

What is the rent for villa TH117?

AED 165,000 a year on the contract signed on 18 January 2026. The previous contract, from February 2025, was AED 132,000; the villa has been rented since March 2013.

How big is villa TH117?

2,021 sqft (187.8 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH117 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 TH117, Palmera 1

Starts from the last sale price (AED 689K, 7 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 688,888
Deposit, UAE resident (20%)
AED 137,778
Deposit, non-resident (40%)
AED 275,555
Monthly over 25 years at 3.7%
AED 2,818

Plus AED 33,944 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →