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2-bed · 2,156 sqftPalmera 1, Arabian Ranches · completed 2008

TH136, Palmera 1

Sold prices and rental history: sold 5 times, last in July 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH136 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 3.05M4 July 2024
Current rentAED 108K /yr6 February 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH136, Palmera 1

What is TH136 worth today?

Last sold for AED 3,050,000 in 2024

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4 Jul 2024SoldReady
AED 3,050,000AED 1,414 per sqft
2 Mar 2022SoldReady
AED 2,100,000AED 973 per sqft
6 Feb 2022RentedRenewal
AED 107,625/yr12 months · AED 50 per sqft
6 Feb 2022RentedNew contract
AED 107,625/yr12 months · AED 50 per sqft
6 Feb 2021RentedNew contract
AED 102,500/yr12 months · AED 48 per sqft
12 Jun 2018SoldReady
AED 1,800,000AED 834 per sqft
25 Jul 2017RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
4 Oct 2015RentedNew contract
AED 162,500/yr12 months · AED 75 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 3.05M · July 2024
Community
Palmera 1

About TH136, Palmera 1

TH136 is a two-bedroom villa of 2,156 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 4 July 2024 for AED 3,050,000, or AED 1,414 per sqft, 8% above the AED 1,310 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 6 February 2022, is AED 107,625 a year: a gross yield of 3.5% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH136 over time

Sales
Villa TH136, 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, August 2014: AED 2,884,000 (AED 1,337 per sqft)Sold, March 2015: AED 2,500,000 (AED 1,159 per sqft)Sold, June 2018: AED 1,800,000 (AED 834 per sqft)Sold, March 2022: AED 2,100,000 (AED 973 per sqft)Sold, July 2024: AED 3,050,000 (AED 1,414 per sqft)

TH136 has sold 5 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH136, 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, November 2013: AED 119,668 a yearNew contract, October 2015: AED 162,500 a yearNew contract, July 2017: AED 130,000 a yearNew contract, February 2021: AED 102,500 a yearRenewal, February 2022: AED 107,625 a yearNew contract, February 2022: AED 107,625 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 TH136 sits

All 100 2-beds →

TH136 last sold in July 2024 at AED 1,414 per sqft, 8% above what two-beds in Palmera 1 were fetching at the time (AED 1,310). 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. TH136's AED 107,625 is at the bottom 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 →

TH136, Palmera 1 in numbers

  • Sold 5 times: first on 6 August 2014 for AED 2,884,000, last on 4 July 2024 for AED 3,050,000 (AED 1,414 per sqft).
  • Rented since November 2013 on 6 Ejari contracts, from AED 119,668 to AED 107,625 a year.
  • At AED 107,625 a year the gross yield on the 2024 price is 3.5%, before a service charge of about AED 6,600 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 4 July 2024.

Questions about TH136, Palmera 1

What did villa TH136 last sell for?

AED 3,050,000 on 4 July 2024: AED 1,414 per sqft for 2,156 sqft. The villa has 5 registered sales; the first was AED 2,884,000 in August 2014.

What is the rent for villa TH136?

AED 107,625 a year on the contract renewed on 6 February 2022. The previous contract, from February 2022, was AED 107,625; the villa has been rented since November 2013.

How big is villa TH136?

2,156 sqft (200.3 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH136 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 TH136, Palmera 1

Starts from the last sale price (AED 3.05M, 4 July 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,050,000
Deposit, UAE resident (20%)
AED 610,000
Deposit, non-resident (40%)
AED 1,220,000
Monthly over 25 years at 3.7%
AED 12,478

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