TH128, Palmera 1
Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH128, Palmera 1
What is TH128 worth today?
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Source: Dubai Land Department. Updated 1 November 2025.
Key facts
- Type
- 2-bed villa
- Size
- 1,336 sqft
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 4,100 /yr
- Last sold
- AED 973K · October 2012
- Community
- Palmera 1
About TH128, Palmera 1
TH128 is a two-bedroom villa of 1,336 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 2 October 2012 for AED 972,888, or AED 728 per sqft, 10% below the AED 805 two-beds in the community were fetching at the time.
It has been rented continuously since 2015 on 10 Ejari contracts. The current contract, renewed on 1 November 2025, is AED 180,000 a year: a gross yield of 18.5% on the 2012 price, before the service charge of about AED 4,100 a year.
Sales and rents for TH128 over time
TH128 has sold once; the dashed line is the two-bed median of each year in the community.
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 TH128 sits
All 100 2-beds →TH128 last sold in October 2012 at AED 728 per sqft, 10% 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. TH128's AED 180,000 is in the lower half of that range.
| Recent 2-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Jan 202614 January 2026 | 2,439 sqft | 5,400,000 | 2,214 | ||
| 29 Dec 202529 December 2025 | 2,437 sqft | 6,200,000 | 2,544 | ||
| 4 Dec 20254 December 2025 | 2,437 sqft | 4,850,000 | 1,990 | ||
| 12 Sep 202512 September 2025 | 2,437 sqft | 4,600,000 | 1,887 |
Palmera 1
Community149 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%
TH128, Palmera 1 in numbers
- Sold once: by Emaar on 2 October 2012 for AED 972,888, or AED 728 per sqft.
- Rented since January 2015 on 10 Ejari contracts. The rent fell from AED 185,000 to AED 105,000 in 2020 and recovered to AED 180,000 by November 2025.
- At AED 180,000 a year the gross yield on the 2012 price is 18.5%, before a service charge of about AED 4,100 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 1 November 2025.
Questions about TH128, Palmera 1
What did villa TH128 last sell for?
AED 972,888 on 2 October 2012, sold by the developer: AED 728 per sqft for 1,336 sqft. It is the only registered sale of the villa.
What is the rent for villa TH128?
AED 180,000 a year on the contract renewed on 1 November 2025. The previous contract, from November 2024, was AED 180,000; the villa has been rented since January 2015.
How big is villa TH128?
1,336 sqft (124.1 sqm): a two-bedroom villa in Palmera 1, completed in 2008.
What is villa TH128 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 TH128, Palmera 1
Starts from the last sale price (AED 973K, 2 October 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 972,888
- Deposit, UAE resident (20%)
- AED 194,578
- Deposit, non-resident (40%)
- AED 389,155
- Monthly over 25 years at 3.7%
- AED 3,980
Plus AED 45,872 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →