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

TH015, Palmera 4

Sold prices and rental history: sold 3 times, last in June 2024, and rented continuously since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH015 · DLD and Ejari recordsUpdated 3 June 2024
Last soldAED 2.9M3 June 2024
Current rentAED 150K /yr6 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH015, Palmera 4

What is TH015 worth today?

Last sold for AED 2,900,000 in 2024

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3 Jun 2024SoldReady
AED 2,900,000AED 1,344 per sqft
6 Aug 2023RentedRenewal
AED 150,000/yr6 months · AED 70 per sqft
6 Feb 2023RentedRenewal
AED 150,000/yr6 months · AED 70 per sqft
6 Feb 2022RentedRenewal
AED 124,000/yr12 months · AED 58 per sqft
6 Feb 2021RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
13 Oct 2020RentedNew contract
AED 135,000/yr12 months · AED 63 per sqft
13 Oct 2019RentedRenewal
AED 143,000/yr12 months · AED 66 per sqft
13 Oct 2018RentedNew contract
AED 143,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 3 June 2024.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.9M · June 2024
Community
Palmera 4

About TH015, Palmera 4

TH015 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 3 June 2024 for AED 2,900,000, or AED 1,344 per sqft, in line with the AED 1,344 two-beds in the community were fetching at the time.

It has been rented continuously since 2018 on 7 Ejari contracts. The current contract, renewed on 6 August 2023, is AED 150,000 a year: a gross yield of 5.2% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH015 over time

Sales
Villa TH015, 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, August 2013: AED 2,400,000 (AED 1,281 per sqft)Sold, June 2024: AED 2,900,000 (AED 1,344 per sqft)

TH015 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH015, 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, October 2018: AED 143,000 a yearRenewal, October 2019: AED 143,000 a yearNew contract, October 2020: AED 135,000 a yearNew contract, February 2021: AED 120,000 a yearRenewal, February 2022: AED 124,000 a yearRenewal, February 2023: AED 150,000 a yearRenewal, August 2023: AED 150,000 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 TH015 sits

All 76 2-beds →

TH015 last sold in June 2024 at AED 1,344 per sqft, in line with what two-beds in Palmera 4 were fetching at the time (AED 1,344). TH015's AED 150,000 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 →

TH015, Palmera 4 in numbers

  • Sold 3 times: first on 5 February 2009 for AED 393,944, last on 3 June 2024 for AED 2,900,000 (AED 1,344 per sqft).
  • Rented since October 2018 on 7 Ejari contracts. The rent fell from AED 143,000 to AED 120,000 in 2021 and recovered to AED 150,000 by August 2023.
  • At AED 150,000 a year the gross yield on the 2024 price is 5.2%, before a service charge of about AED 6,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 3 June 2024.

Questions about TH015, Palmera 4

What did villa TH015 last sell for?

AED 2,900,000 on 3 June 2024: AED 1,344 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 393,944 in February 2009.

What is the rent for villa TH015?

AED 150,000 a year on the contract renewed on 6 August 2023. The previous contract, from February 2023, was AED 150,000; the villa has been rented since October 2018.

How big is villa TH015?

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

What is villa TH015 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 TH015, Palmera 4

Starts from the last sale price (AED 2.9M, 3 June 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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