2-bed · 2,156 sqftPalmera 4, Arabian Ranches · completed 2008

TH004, Palmera 4

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

Villa TH004 · DLD and Ejari recordsUpdated 28 March 2024
Last soldAED 2.6M28 March 2024
Current rentAED 144K /yr26 November 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH004, Palmera 4

What is TH004 worth today?

Last sold for AED 2,600,000 in 2024

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28 Mar 2024SoldReady
AED 2,600,000AED 1,205 per sqft
26 Nov 2023RentedRenewal
AED 144,344/yr1 months · AED 67 per sqft
26 Nov 2022RentedNew contract
AED 145,000/yr12 months · AED 67 per sqft
22 Nov 2021RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
22 Nov 2020RentedRenewal
AED 87,500/yr12 months · AED 41 per sqft
22 Nov 2019RentedRenewal
AED 117,000/yr12 months · AED 54 per sqft
22 Nov 2018RentedRenewal
AED 122,000/yr12 months · AED 57 per sqft
25 Jul 2016RentedRenewal
AED 160,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 28 March 2024.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.6M · March 2024
Community
Palmera 4

About TH004, Palmera 4

TH004 is a two-bedroom villa of 2,156 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 28 March 2024 for AED 2,600,000, or AED 1,205 per sqft, 4% below the AED 1,252 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 26 November 2023, is AED 144,344 a year: a gross yield of 5.5% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH004 over time

Sales
Villa TH004, each saleTypical two-bed in Palmera 4
1M2M3M2008201320182023Typical sale price by year: 2008 AED 1,064,888; 2009 AED 910,944; 2010 AED 1,064,888; 2011 AED 1,137,444; 2012 AED 1,725,000; 2013 AED 2,450,000; 2014 AED 2,000,000; 2015 AED 2,000,000; 2016 AED 2,500,000; 2017 AED 1,960,000; 2018 AED 1,762,500; 2019 AED 1,750,000; 2020 AED 1,400,000; 2021 AED 1,800,000; 2022 AED 2,550,000; 2023 AED 2,700,000; 2024 AED 2,950,000; 2025 AED 2,950,000Sold by developer, May 2009: AED 896,888 (AED 522 per sqft)Sold, March 2024: AED 2,600,000 (AED 1,205 per sqft)

TH004 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH004, each contractTypical two-bed in Palmera 4
100K150K2012201620202024Typical rent by year: 2012 AED 121,250; 2013 AED 130,000; 2014 AED 152,500; 2015 AED 160,000; 2016 AED 152,000; 2017 AED 138,182; 2018 AED 130,000; 2019 AED 120,000; 2020 AED 100,000; 2021 AED 110,000; 2022 AED 117,000; 2023 AED 136,333; 2024 AED 165,000; 2025 AED 167,500; 2026 AED 160,000New contract, April 2013: AED 115,000 a yearNew contract, June 2014: AED 165,000 a yearRenewal, July 2015: AED 160,000 a yearRenewal, July 2016: AED 160,000 a yearRenewal, November 2018: AED 122,000 a yearRenewal, November 2019: AED 117,000 a yearRenewal, November 2020: AED 87,500 a yearRenewal, November 2021: AED 100,000 a yearNew contract, November 2022: AED 145,000 a yearRenewal, November 2023: AED 144,344 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 4, and where TH004 sits

All 76 2-beds →

TH004 last sold in March 2024 at AED 1,205 per sqft, 4% below what two-beds in Palmera 4 were fetching at the time (AED 1,252). TH004's AED 144,344 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
7 Nov 20254,950,000
21 Oct 20252,900,000
16 Oct 20252,950,000
29 Aug 20252,000,000
0 2-bed sales in the last 12 months

Palmera 4

Community

113 villas, 2-bed to 3-bed in Arabian Ranches, completed in 2008 by Emaar. No sale in the last 12 months.

Typical price per sqft
Few sales
Typical sale
Few sales
Typical rent
AED 160K /yr
Typical yield
Palmera 4, Arabian Ranches: prices, sales and rents →

TH004, Palmera 4 in numbers

  • Sold twice: first on 27 May 2009 for AED 896,888, last on 28 March 2024 for AED 2,600,000 (AED 1,205 per sqft).
  • Rented since April 2013 on 10 Ejari contracts. The rent fell from AED 115,000 to AED 87,500 in 2020 and recovered to AED 144,344 by November 2023.
  • At AED 144,344 a year the gross yield on the 2024 price is 5.5%, before a service charge of about AED 6,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 28 March 2024.

Questions about TH004, Palmera 4

What did villa TH004 last sell for?

AED 2,600,000 on 28 March 2024: AED 1,205 per sqft for 2,156 sqft. The villa has 2 registered sales; the first was AED 896,888 in May 2009.

What is the rent for villa TH004?

AED 144,344 a year on the contract renewed on 26 November 2023. The previous contract, from November 2022, was AED 145,000; the villa has been rented since April 2013.

How big is villa TH004?

2,156 sqft (200.3 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH004 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on TH004, Palmera 4

Starts from the last sale price (AED 2.6M, 28 March 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

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