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2-bed · 1,803 sqftPalmera 1, Arabian Ranches · completed 2008

TH124, Palmera 1

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH124 · DLD and Ejari recordsUpdated 31 July 2025
Last soldAED 439K15 October 2012
Current rentAED 180K /yr31 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH124, Palmera 1

What is TH124 worth today?

Last sold for AED 439,444 in 2012

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31 Jul 2025RentedNew contract
AED 180,000/yr12 months · AED 83 per sqft
1 Aug 2024RentedRenewal
AED 133,750/yr12 months · AED 62 per sqft
1 Aug 2023RentedRenewal
AED 125,000/yr12 months · AED 58 per sqft
1 Aug 2022RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
4 Jul 2021RentedRenewal
AED 95,000/yr12 months · AED 44 per sqft
4 Jul 2020RentedRenewal
AED 90,000/yr12 months · AED 42 per sqft
4 Jul 2019RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
1 Sep 2017RentedNew contract
AED 145,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 31 July 2025.

Key facts

Type
2-bed villa
Size
1,803 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,600 /yr
Last sold
AED 439K · October 2012
Community
Palmera 1

About TH124, Palmera 1

TH124 is a two-bedroom villa of 1,803 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 15 October 2012 for AED 439,444, or AED 243 per sqft, 70% below the AED 805 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, signed on 31 July 2025, is AED 180,000 a year: a gross yield of 41.0% on the 2012 price, before the service charge of about AED 5,600 a year.

Sales and rents for TH124 over time

Sales
Villa TH124, 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 4,425,000

No registered sale of TH124; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH124, 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, August 2013: AED 125,000 a yearRenewal, August 2014: AED 131,250 a yearNew contract, August 2015: AED 147,500 a yearRenewal, August 2016: AED 147,500 a yearNew contract, September 2017: AED 145,000 a yearNew contract, July 2019: AED 115,000 a yearRenewal, July 2020: AED 90,000 a yearRenewal, July 2021: AED 95,000 a yearNew contract, August 2022: AED 125,000 a yearRenewal, August 2023: AED 125,000 a yearRenewal, August 2024: AED 133,750 a yearNew contract, July 2025: AED 180,000 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 TH124 sits

All 100 2-beds →

TH124 last sold in October 2012 at AED 243 per sqft, 70% 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. TH124's AED 180,000 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 →

TH124, Palmera 1 in numbers

  • Sold once: by Emaar on 15 October 2012 for AED 439,444, or AED 243 per sqft.
  • Rented since August 2013 on 12 Ejari contracts. The rent fell from AED 125,000 to AED 90,000 in 2020 and recovered to AED 180,000 by July 2025.
  • At AED 180,000 a year the gross yield on the 2012 price is 41.0%, before a service charge of about AED 5,600 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 31 July 2025.

Questions about TH124, Palmera 1

What did villa TH124 last sell for?

AED 439,444 on 15 October 2012, sold by the developer: AED 243 per sqft for 1,803 sqft. It is the only registered sale of the villa.

What is the rent for villa TH124?

AED 180,000 a year on the contract signed on 31 July 2025. The previous contract, from August 2024, was AED 133,750; the villa has been rented since August 2013.

How big is villa TH124?

1,803 sqft (167.5 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH124 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 TH124, Palmera 1

Starts from the last sale price (AED 439K, 15 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 439,444
Deposit, UAE resident (20%)
AED 87,889
Deposit, non-resident (40%)
AED 175,778
Monthly over 25 years at 3.7%
AED 1,798

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