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

TH148, Palmera 1

Sold prices and rental history: sold 3 times, last in April 2016, and rented since 2024. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH148 · DLD and Ejari recordsUpdated 20 February 2025
Last soldAED 2.3M18 April 2016
Current rentAED 210K /yr20 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH148, Palmera 1

What is TH148 worth today?

Last sold for AED 2,300,000 in 2016

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20 Feb 2025RentedRenewal
AED 210,000/yr12 months · AED 97 per sqft
20 Feb 2024RentedNew contract
AED 210,000/yr12 months · AED 97 per sqft
18 Apr 2016SoldReady
AED 2,300,000AED 1,066 per sqft
3 Mar 2014SoldReady
AED 2,750,000AED 1,275 per sqft
9 Mar 2010Sold by developerReady
AED 783,888AED 636 per sqft

Source: Dubai Land Department. Updated 20 February 2025.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.3M · April 2016
Community
Palmera 1

About TH148, Palmera 1

TH148 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 18 April 2016 for AED 2,300,000, or AED 1,066 per sqft, 12% above the AED 953 two-beds in the community were fetching at the time.

It has been rented since 2024 on 2 Ejari contracts. The current contract, renewed on 20 February 2025, is AED 210,000 a year: a gross yield of 9.1% on the 2016 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH148 over time

Sales
Villa TH148, 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, March 2010: AED 783,888 (AED 636 per sqft)Sold, March 2014: AED 2,750,000 (AED 1,275 per sqft)Sold, April 2016: AED 2,300,000 (AED 1,066 per sqft)

TH148 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH148, each contractTypical two-bed in Palmera 1
100K150K200K2012201620202024Typical 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, February 2024: AED 210,000 a yearRenewal, February 2025: AED 210,000 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 TH148 sits

All 100 2-beds →

TH148 last sold in April 2016 at AED 1,066 per sqft, 12% above what two-beds in Palmera 1 were fetching at the time (AED 953). 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. TH148's AED 210,000 is in the upper 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 →

TH148, Palmera 1 in numbers

  • Sold 3 times: first on 9 March 2010 for AED 783,888, last on 18 April 2016 for AED 2,300,000 (AED 1,066 per sqft).
  • Rented since February 2024 on 2 Ejari contracts, at AED 210,000 a year.
  • At AED 210,000 a year the gross yield on the 2016 price is 9.1%, 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 20 February 2025.

Questions about TH148, Palmera 1

What did villa TH148 last sell for?

AED 2,300,000 on 18 April 2016: AED 1,066 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 783,888 in March 2010.

What is the rent for villa TH148?

AED 210,000 a year on the contract renewed on 20 February 2025. The previous contract, from February 2024, was AED 210,000.

How big is villa TH148?

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

What is villa TH148 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 TH148, Palmera 1

Starts from the last sale price (AED 2.3M, 18 April 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

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