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3-bed · 3,241 sqftPalmera 1, Arabian Ranches · completed 2008

TH120, Palmera 1

Sold prices and rental history: sold twice, last in December 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH120 · DLD and Ejari recordsUpdated 12 December 2024
Last soldAED 4.95M12 December 2024
Current rentAED 238K /yr25 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH120, Palmera 1

What is TH120 worth today?

Last sold for AED 4,950,000 in 2024

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12 Dec 2024SoldReady
AED 4,950,000AED 1,527 per sqft
25 Oct 2024RentedRenewal
AED 238,140/yr12 months · AED 73 per sqft
25 Oct 2023RentedRenewal
AED 220,500/yr12 months · AED 68 per sqft
25 Sep 2021RentedRenewal
AED 136,500/yr12 months · AED 42 per sqft
25 Sep 2020RentedNew contract
AED 130,000/yr12 months · AED 40 per sqft
1 Sep 2019RentedRenewal
AED 152,000/yr12 months · AED 47 per sqft
1 Sep 2017RentedRenewal
AED 180,000/yr12 months · AED 56 per sqft
1 Sep 2016RentedNew contract
AED 196,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 12 December 2024.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 4.95M · December 2024
Community
Palmera 1

About TH120, Palmera 1

TH120 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 12 December 2024 for AED 4,950,000, or AED 1,527 per sqft.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 25 October 2024, is AED 238,140 a year: a gross yield of 4.8% on the 2024 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH120 over time

Sales
Villa TH120, 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, June 2009: AED 1,218,888 (AED 539 per sqft)Sold, December 2024: AED 4,950,000 (AED 1,527 per sqft)

TH120 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH120, 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, March 2014: AED 220,000 a yearNew contract, March 2015: AED 220,000 a yearRenewal, March 2016: AED 220,000 a yearNew contract, September 2016: AED 196,000 a yearRenewal, September 2017: AED 180,000 a yearRenewal, September 2019: AED 152,000 a yearNew contract, September 2020: AED 130,000 a yearRenewal, September 2021: AED 136,500 a yearRenewal, October 2023: AED 220,500 a yearRenewal, October 2024: AED 238,140 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 TH120 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. TH120's AED 238,140 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 →

TH120, Palmera 1 in numbers

  • Sold twice: first on 18 June 2009 for AED 1,218,888, last on 12 December 2024 for AED 4,950,000 (AED 1,527 per sqft).
  • Rented since March 2014 on 10 Ejari contracts. The rent fell from AED 220,000 to AED 130,000 in 2020 and recovered to AED 238,140 by October 2024.
  • At AED 238,140 a year the gross yield on the 2024 price is 4.8%, 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 12 December 2024.

Questions about TH120, Palmera 1

What did villa TH120 last sell for?

AED 4,950,000 on 12 December 2024: AED 1,527 per sqft for 3,241 sqft. The villa has 2 registered sales; the first was AED 1,218,888 in June 2009.

What is the rent for villa TH120?

AED 238,140 a year on the contract renewed on 25 October 2024. The previous contract, from October 2023, was AED 220,500; the villa has been rented since March 2014.

How big is villa TH120?

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

What is villa TH120 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.

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Mortgage on TH120, Palmera 1

Starts from the last sale price (AED 4.95M, 12 December 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,950,000
Deposit, UAE resident (20%)
AED 990,000
Deposit, non-resident (40%)
AED 1,980,000
Monthly over 25 years at 3.7%
AED 20,252

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