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2-bed · 1,844 sqftPalmera 1, Arabian Ranches · completed 2008

TH122, Palmera 1

Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH122 · DLD and Ejari recordsUpdated 15 February 2026
Last soldAED 1.03M12 February 2013
Current rentAED 255K /yr15 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH122, Palmera 1

What is TH122 worth today?

Last sold for AED 1,029,888 in 2013

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15 Feb 2026RentedNew contract
AED 255,000/yr12 months · AED 105 per sqft
26 Dec 2024RentedNew contract
AED 260,000/yr12 months · AED 107 per sqft
5 Apr 2023RentedRenewal
AED 190,000/yr12 months · AED 78 per sqft
5 Apr 2022RentedNew contract
AED 175,000/yr12 months · AED 72 per sqft
1 Apr 2021RentedNew contract
AED 135,000/yr12 months · AED 55 per sqft
22 Mar 2020RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft
22 Mar 2018RentedRenewal
AED 165,000/yr12 months · AED 68 per sqft
22 Mar 2017RentedNew contract
AED 165,000/yr12 months · AED 68 per sqft

Source: Dubai Land Department. Updated 15 February 2026.

Key facts

Type
2-bed villa
Size
1,844 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,700 /yr
Last sold
AED 1.03M · February 2013
Community
Palmera 1

About TH122, Palmera 1

TH122 is a two-bedroom villa of 1,844 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 12 February 2013 for AED 1,029,888, or AED 558 per sqft, 29% below the AED 781 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 February 2026, is AED 255,000 a year: a gross yield of 24.8% on the 2013 price, before the service charge of about AED 5,700 a year.

Sales and rents for TH122 over time

Sales
Villa TH122, 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, February 2013: AED 1,029,888 (AED 558 per sqft)

TH122 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH122, each contractTypical two-bed in Palmera 1
100K200K2012201620202024Typical 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, February 2015: AED 195,000 a yearNew contract, March 2017: AED 165,000 a yearRenewal, March 2018: AED 165,000 a yearRenewal, March 2020: AED 160,000 a yearNew contract, April 2021: AED 135,000 a yearNew contract, April 2022: AED 175,000 a yearRenewal, April 2023: AED 190,000 a yearNew contract, December 2024: AED 260,000 a yearNew contract, February 2026: AED 255,000 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 TH122 sits

All 100 2-beds →

TH122 last sold in February 2013 at AED 558 per sqft, 29% below what two-beds in Palmera 1 were fetching at the time (AED 781). 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. TH122's AED 255,000 is in the upper 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 →

TH122, Palmera 1 in numbers

  • Sold once: by Emaar on 12 February 2013 for AED 1,029,888, or AED 558 per sqft.
  • Rented since February 2015 on 9 Ejari contracts. The rent fell from AED 195,000 to AED 135,000 in 2021 and recovered to AED 255,000 by February 2026.
  • At AED 255,000 a year the gross yield on the 2013 price is 24.8%, before a service charge of about AED 5,700 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 15 February 2026.

Questions about TH122, Palmera 1

What did villa TH122 last sell for?

AED 1,029,888 on 12 February 2013, sold by the developer: AED 558 per sqft for 1,844 sqft. It is the only registered sale of the villa.

What is the rent for villa TH122?

AED 255,000 a year on the contract signed on 15 February 2026. The previous contract, from December 2024, was AED 260,000; the villa has been rented since February 2015.

How big is villa TH122?

1,844 sqft (171.3 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH122 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 TH122, Palmera 1

Starts from the last sale price (AED 1.03M, 12 February 2013). Switch to today's estimate once you have unlocked it.
Price
AED 1,029,888
Deposit, UAE resident (20%)
AED 205,978
Deposit, non-resident (40%)
AED 411,955
Monthly over 25 years at 3.7%
AED 4,214

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