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2-bed · 1,394 sqftPalmera 1, Arabian Ranches · completed 2008

TH140, Palmera 1

Sold prices and rental history: sold once, by the developer in January 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH140 · DLD and Ejari recordsUpdated 10 May 2020
Last soldAED 926K2 January 2011
Current rentAED 90K /yr10 May 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH140, Palmera 1

What is TH140 worth today?

Last sold for AED 925,888 in 2011

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10 May 2020RentedNew contract
AED 90,000/yr12 months · AED 37 per sqft
14 Feb 2019RentedNew contract
AED 130,000/yr12 months · AED 53 per sqft
17 Nov 2016RentedNew contract
AED 165,000/yr12 months · AED 68 per sqft
15 Oct 2015RentedRenewal
AED 168,000/yr12 months · AED 69 per sqft
15 Oct 2014RentedNew contract
AED 168,000/yr12 months · AED 69 per sqft
15 Oct 2013RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft
20 Oct 2012RentedNew contract
AED 130,000/yr12 months · AED 53 per sqft
2 Jan 2011Sold by developerReady
AED 925,888AED 664 per sqft

Source: Dubai Land Department. Updated 10 May 2020.

Key facts

Type
2-bed villa
Size
1,394 sqft
Developer
Emaar
Completed
2008
Service charge
AED 4,300 /yr
Last sold
AED 926K · January 2011
Community
Palmera 1

About TH140, Palmera 1

TH140 is a two-bedroom villa of 1,394 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 2 January 2011 for AED 925,888, or AED 664 per sqft, in line with the AED 664 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 10 May 2020, is AED 90,000 a year: a gross yield of 9.7% on the 2011 price, before the service charge of about AED 4,300 a year.

Sales and rents for TH140 over time

Sales
Villa TH140, 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, January 2011: AED 925,888 (AED 664 per sqft)

TH140 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH140, 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, October 2012: AED 130,000 a yearNew contract, October 2013: AED 160,000 a yearNew contract, October 2014: AED 168,000 a yearRenewal, October 2015: AED 168,000 a yearNew contract, November 2016: AED 165,000 a yearNew contract, February 2019: AED 130,000 a yearNew contract, May 2020: AED 90,000 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 TH140 sits

All 100 2-beds →

TH140 last sold in January 2011 at AED 664 per sqft, in line with what two-beds in Palmera 1 were fetching at the time (AED 664). 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. TH140's AED 90,000 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 →

TH140, Palmera 1 in numbers

  • Sold once: by Emaar on 2 January 2011 for AED 925,888, or AED 664 per sqft.
  • Rented since October 2012 on 7 Ejari contracts, from AED 130,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2011 price is 9.7%, before a service charge of about AED 4,300 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 10 May 2020.

Questions about TH140, Palmera 1

What did villa TH140 last sell for?

AED 925,888 on 2 January 2011, sold by the developer: AED 664 per sqft for 1,394 sqft. It is the only registered sale of the villa.

What is the rent for villa TH140?

AED 90,000 a year on the contract signed on 10 May 2020. The previous contract, from February 2019, was AED 130,000; the villa has been rented since October 2012.

How big is villa TH140?

1,394 sqft (129.5 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH140 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 TH140, Palmera 1

Starts from the last sale price (AED 926K, 2 January 2011). Switch to today's estimate once you have unlocked it.
Price
AED 925,888
Deposit, UAE resident (20%)
AED 185,178
Deposit, non-resident (40%)
AED 370,355
Monthly over 25 years at 3.7%
AED 3,788

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