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2-bed · 1,991 sqftPalmera 1, Arabian Ranches · completed 2008

TH146, Palmera 1

Sold prices and rental history: sold twice, last in June 2012, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH146 · DLD and Ejari recordsUpdated 20 November 2023
Last soldAED 1.9M13 June 2012
Current rentAED 164K /yr20 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH146, Palmera 1

What is TH146 worth today?

Last sold for AED 1,900,000 in 2012

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20 Nov 2023RentedRenewal
AED 164,000/yr12 months · AED 67 per sqft
20 Aug 2022RentedNew contract
AED 160,000/yr15 months · AED 66 per sqft
23 Mar 2022RentedRenewal
AED 115,000/yr12 months · AED 47 per sqft
23 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 47 per sqft
24 Apr 2020RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
24 Apr 2019RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
24 Apr 2018RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
24 Apr 2017RentedNew contract
AED 155,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 20 November 2023.

Key facts

Type
2-bed villa
Size
1,991 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,100 /yr
Last sold
AED 1.9M · June 2012
Community
Palmera 1

About TH146, Palmera 1

TH146 is a two-bedroom villa of 1,991 sqft in Palmera 1, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 13 June 2012 for AED 1,900,000, or AED 954 per sqft, 23% above the AED 778 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 20 November 2023, is AED 164,000 a year: a gross yield of 8.6% on the 2012 price, before the service charge of about AED 6,100 a year.

Sales and rents for TH146 over time

Sales
Villa TH146, 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, July 2009: AED 2,450,000 (AED 1,230 per sqft)Sold, June 2012: AED 1,900,000 (AED 954 per sqft)

TH146 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH146, 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, April 2015: AED 180,000 a yearNew contract, February 2016: AED 180,000 a yearNew contract, April 2017: AED 155,000 a yearRenewal, April 2018: AED 150,000 a yearRenewal, April 2019: AED 150,000 a yearRenewal, April 2020: AED 150,000 a yearNew contract, March 2021: AED 115,000 a yearRenewal, March 2022: AED 115,000 a yearNew contract, August 2022: AED 160,000 a yearRenewal, November 2023: AED 164,000 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 TH146 sits

All 100 2-beds →

TH146 last sold in June 2012 at AED 954 per sqft, 23% above what two-beds in Palmera 1 were fetching at the time (AED 778). 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. TH146's AED 164,000 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 →

TH146, Palmera 1 in numbers

  • Sold twice: first on 2 July 2009 for AED 2,450,000, last on 13 June 2012 for AED 1,900,000 (AED 954 per sqft).
  • Rented since April 2015 on 10 Ejari contracts. The rent fell from AED 180,000 to AED 115,000 in 2022 and recovered to AED 164,000 by November 2023.
  • At AED 164,000 a year the gross yield on the 2012 price is 8.6%, before a service charge of about AED 6,100 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 20 November 2023.

Questions about TH146, Palmera 1

What did villa TH146 last sell for?

AED 1,900,000 on 13 June 2012: AED 954 per sqft for 1,991 sqft. The villa has 2 registered sales; the first was AED 2,450,000 in July 2009.

What is the rent for villa TH146?

AED 164,000 a year on the contract renewed on 20 November 2023. The previous contract, from August 2022, was AED 160,000; the villa has been rented since April 2015.

How big is villa TH146?

1,991 sqft (185.0 sqm): a two-bedroom villa in Palmera 1, completed in 2008.

What is villa TH146 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 TH146, Palmera 1

Starts from the last sale price (AED 1.9M, 13 June 2012). Switch to today's estimate once you have unlocked it.
Price
AED 1,900,000
Deposit, UAE resident (20%)
AED 380,000
Deposit, non-resident (40%)
AED 760,000
Monthly over 25 years at 3.7%
AED 7,773

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