2-bed · 1,652 sqftPalmera 4, Arabian Ranches · completed 2008

TH008, Palmera 4

Sold prices and rental history: sold twice, last in May 2013, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH008 · DLD and Ejari recordsUpdated 28 May 2024
Last soldAED 2.6M20 May 2013
Current rentAED 158K /yr28 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH008, Palmera 4

What is TH008 worth today?

Last sold for AED 2,600,000 in 2013

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28 May 2024RentedNew contract
AED 158,000/yr12 months · AED 65 per sqft
10 Dec 2021RentedRenewal
AED 105,000/yr12 months · AED 43 per sqft
10 Dec 2020RentedNew contract
AED 105,000/yr12 months · AED 43 per sqft
7 Jun 2015RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft
20 May 2013SoldReady
AED 2,600,000AED 1,573 per sqft
5 Mar 2013Sold by developerReady
AED 2,450,000AED 1,482 per sqft

Source: Dubai Land Department. Updated 28 May 2024.

Key facts

Type
2-bed villa
Size
1,652 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,100 /yr
Last sold
AED 2.6M · May 2013
Community
Palmera 4

About TH008, Palmera 4

TH008 is a two-bedroom villa of 1,652 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 20 May 2013 for AED 2,600,000, or AED 1,573 per sqft, 58% above the AED 997 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 4 Ejari contracts. The current contract, signed on 28 May 2024, is AED 158,000 a year: a gross yield of 6.1% on the 2013 price, before the service charge of about AED 5,100 a year.

Sales and rents for TH008 over time

Sales
Villa TH008, 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, March 2013: AED 2,450,000 (AED 1,482 per sqft)Sold, May 2013: AED 2,600,000 (AED 1,573 per sqft)

TH008 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH008, each contractTypical two-bed in Palmera 4
100K150K200K2012201620202024Typical 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, June 2015: AED 185,000 a yearNew contract, December 2020: AED 105,000 a yearRenewal, December 2021: AED 105,000 a yearNew contract, May 2024: AED 158,000 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 4, and where TH008 sits

All 76 2-beds →

TH008 last sold in May 2013 at AED 1,573 per sqft, 58% above what two-beds in Palmera 4 were fetching at the time (AED 997). TH008's AED 158,000 is in the lower half 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 →

TH008, Palmera 4 in numbers

  • Sold twice: first on 5 March 2013 for AED 2,450,000, last on 20 May 2013 for AED 2,600,000 (AED 1,573 per sqft).
  • Rented since June 2015 on 4 Ejari contracts. The rent fell from AED 185,000 to AED 105,000 in 2021 and recovered to AED 158,000 by May 2024.
  • At AED 158,000 a year the gross yield on the 2013 price is 6.1%, before a service charge of about AED 5,100 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 28 May 2024.

Questions about TH008, Palmera 4

What did villa TH008 last sell for?

AED 2,600,000 on 20 May 2013: AED 1,573 per sqft for 1,652 sqft. The villa has 2 registered sales; the first was AED 2,450,000 in March 2013.

What is the rent for villa TH008?

AED 158,000 a year on the contract signed on 28 May 2024. The previous contract, from December 2021, was AED 105,000; the villa has been rented since June 2015.

How big is villa TH008?

1,652 sqft (153.5 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH008 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 TH008, Palmera 4

Starts from the last sale price (AED 2.6M, 20 May 2013). 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 →