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2-bed · 2,439 sqftPalmera 1, Arabian Ranches · completed 2008

TH119, Palmera 1

Sold prices and rental history: sold 3 times, last in April 2025, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH119 · DLD and Ejari recordsUpdated 2 April 2025
Last soldAED 4.3M2 April 2025
Current rentAED 140K /yr3 August 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH119, Palmera 1

What is TH119 worth today?

Last sold for AED 4,300,000 in 2025

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2 Apr 2025SoldReady
AED 4,300,000AED 1,763 per sqft
3 Aug 2018RentedNew contract
AED 140,000/yr12 months · AED 57 per sqft
3 Aug 2017RentedNew contract
AED 150,000/yr12 months · AED 62 per sqft
7 Jul 2016RentedNew contract
AED 175,000/yr12 months · AED 72 per sqft
7 Jul 2015RentedNew contract
AED 175,000/yr12 months · AED 72 per sqft
26 Jun 2014RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
26 Jun 2013RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
2 Jun 2013SoldReady
AED 1,100,000AED 766 per sqft

Source: Dubai Land Department. Updated 2 April 2025.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 4.3M · April 2025
Community
Palmera 1

About TH119, Palmera 1

TH119 is a two-bedroom villa of 2,439 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 2 April 2025 for AED 4,300,000, or AED 1,763 per sqft, 25% above the AED 1,414 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 3 August 2018, is AED 140,000 a year: a gross yield of 3.3% on the 2025 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH119 over time

Sales
Villa TH119, 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, December 2012: AED 921,888 (AED 642 per sqft)Sold, June 2013: AED 1,100,000 (AED 766 per sqft)Sold, April 2025: AED 4,300,000 (AED 1,763 per sqft)

TH119 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH119, 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, June 2013: AED 170,000 a yearNew contract, June 2014: AED 170,000 a yearNew contract, July 2015: AED 175,000 a yearNew contract, July 2016: AED 175,000 a yearNew contract, August 2017: AED 150,000 a yearNew contract, August 2018: AED 140,000 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 TH119 sits

All 100 2-beds →

TH119 last sold in April 2025 at AED 1,763 per sqft, 25% above what two-beds in Palmera 1 were fetching at the time (AED 1,414). 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. TH119's AED 140,000 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 →

TH119, Palmera 1 in numbers

  • Sold 3 times: first on 24 December 2012 for AED 921,888, last on 2 April 2025 for AED 4,300,000 (AED 1,763 per sqft).
  • Rented since June 2013 on 6 Ejari contracts, from AED 170,000 to AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2025 price is 3.3%, before a service charge of about AED 7,500 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 2 April 2025.

Questions about TH119, Palmera 1

What did villa TH119 last sell for?

AED 4,300,000 on 2 April 2025: AED 1,763 per sqft for 2,439 sqft. The villa has 3 registered sales; the first was AED 921,888 in December 2012.

What is the rent for villa TH119?

AED 140,000 a year on the contract signed on 3 August 2018. The previous contract, from August 2017, was AED 150,000; the villa has been rented since June 2013.

How big is villa TH119?

2,439 sqft (226.6 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH119 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 TH119, Palmera 1

Starts from the last sale price (AED 4.3M, 2 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,300,000
Deposit, UAE resident (20%)
AED 860,000
Deposit, non-resident (40%)
AED 1,720,000
Monthly over 25 years at 3.7%
AED 17,593

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