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2-bed · 923 sqftPalmera 1, Arabian Ranches · completed 2008

TH123, Palmera 1

Sold prices and rental history: sold twice, last in April 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH123 · DLD and Ejari recordsUpdated 20 August 2025
Last soldAED 650K4 April 2013
Current rentAED 150K /yr20 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH123, Palmera 1

What is TH123 worth today?

Last sold for AED 650,000 in 2013

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20 Aug 2025RentedRenewal
AED 150,156/yr12 months · AED 70 per sqft
20 Aug 2023RentedRenewal
AED 142,500/yr24 months · AED 66 per sqft
20 Aug 2022RentedRenewal
AED 104,500/yr12 months · AED 48 per sqft
20 Jul 2020RentedNew contract
AED 95,000/yr25 months · AED 44 per sqft
3 Jul 2019RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
1 Apr 2018RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
1 Apr 2017RentedNew contract
AED 145,000/yr12 months · AED 67 per sqft
27 Jan 2016RentedRenewal
AED 140,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 20 August 2025.

Key facts

Type
2-bed villa
Size
923 sqft
Developer
Emaar
Completed
2008
Service charge
AED 2,800 /yr
Last sold
AED 650K · April 2013
Community
Palmera 1

About TH123, Palmera 1

TH123 is a two-bedroom villa of 923 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 4 April 2013 for AED 650,000, or AED 704 per sqft, 13% below the AED 805 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, renewed on 20 August 2025, is AED 150,156 a year: a gross yield of 23.1% on the 2013 price, before the service charge of about AED 2,800 a year.

Sales and rents for TH123 over time

Sales
Villa TH123, each saleTypical two-bed in Palmera 1
02M4M2008201320182023Typical 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, March 2013: AED 874,888 (AED 473 per sqft)Sold, April 2013: AED 650,000 (AED 704 per sqft)

TH123 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH123, 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, January 2014: AED 120,000 a yearRenewal, January 2015: AED 140,000 a yearRenewal, January 2016: AED 140,000 a yearNew contract, April 2017: AED 145,000 a yearNew contract, April 2018: AED 140,000 a yearNew contract, July 2019: AED 115,000 a yearNew contract, July 2020: AED 95,000 a yearRenewal, August 2022: AED 104,500 a yearRenewal, August 2023: AED 142,500 a yearRenewal, August 2025: AED 150,156 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 TH123 sits

All 100 2-beds →

TH123 last sold in April 2013 at AED 704 per sqft, 13% below what two-beds in Palmera 1 were fetching at the time (AED 805). 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. TH123's AED 150,156 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 →

TH123, Palmera 1 in numbers

  • Sold twice: first on 12 March 2013 for AED 874,888, last on 4 April 2013 for AED 650,000 (AED 704 per sqft).
  • Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 120,000 to AED 95,000 in 2020 and recovered to AED 150,156 by August 2025.
  • At AED 150,156 a year the gross yield on the 2013 price is 23.1%, before a service charge of about AED 2,800 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 20 August 2025.

Questions about TH123, Palmera 1

What did villa TH123 last sell for?

AED 650,000 on 4 April 2013: AED 704 per sqft for 923 sqft. The villa has 2 registered sales; the first was AED 874,888 in March 2013.

What is the rent for villa TH123?

AED 150,156 a year on the contract renewed on 20 August 2025. The previous contract, from August 2023, was AED 142,500; the villa has been rented since January 2014.

How big is villa TH123?

923 sqft (85.7 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH123 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 TH123, Palmera 1

Starts from the last sale price (AED 650K, 4 April 2013). Switch to today's estimate once you have unlocked it.
Price
AED 650,000
Deposit, UAE resident (20%)
AED 130,000
Deposit, non-resident (40%)
AED 260,000
Monthly over 25 years at 3.7%
AED 2,659

Plus AED 32,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →