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2-bed · 1,766 sqftPalmera 4, Arabian Ranches · completed 2008

TH016, Palmera 4

Sold prices and rental history: sold once, by the developer in December 2008, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH016 · DLD and Ejari recordsUpdated 31 January 2022
Last soldAED 394K22 December 2008
Current rentAED 100K /yr31 January 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH016, Palmera 4

What is TH016 worth today?

Last sold for AED 393,944 in 2008

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31 Jan 2022RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
31 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
27 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
15 Jul 2017RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
6 Jun 2015RentedRenewal
AED 160,000/yr12 months · AED 74 per sqft
6 Jun 2014RentedNew contract
AED 136,500/yr12 months · AED 63 per sqft
6 Jun 2013RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
22 Dec 2008Sold by developerReady · flagged as an outlier
AED 393,944AED 223 per sqft

Source: Dubai Land Department. Updated 31 January 2022.

Key facts

Type
2-bed villa
Size
1,766 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,400 /yr
Last sold
AED 394K · December 2008
Community
Palmera 4

About TH016, Palmera 4

TH016 is a two-bedroom villa of 1,766 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 22 December 2008 for AED 393,944, or AED 223 per sqft, 72% below the AED 788 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 31 January 2022, is AED 100,000 a year: a gross yield of 25.4% on the 2008 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH016 over time

Sales
Villa TH016, 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 2,950,000

No registered sale of TH016; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH016, 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, June 2013: AED 130,000 a yearNew contract, June 2014: AED 136,500 a yearRenewal, June 2015: AED 160,000 a yearNew contract, July 2017: AED 120,000 a yearRenewal, July 2019: AED 120,000 a yearNew contract, January 2021: AED 100,000 a yearRenewal, January 2022: AED 100,000 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 TH016 sits

All 76 2-beds →

TH016 last sold in December 2008 at AED 223 per sqft, 72% below what two-beds in Palmera 4 were fetching at the time (AED 788). TH016's AED 100,000 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 →

TH016, Palmera 4 in numbers

  • Sold once: by Emaar on 22 December 2008 for AED 393,944, or AED 223 per sqft.
  • Rented since June 2013 on 7 Ejari contracts, from AED 130,000 to AED 100,000 a year.
  • At AED 100,000 a year the gross yield on the 2008 price is 25.4%, before a service charge of about AED 5,400 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 31 January 2022.

Questions about TH016, Palmera 4

What did villa TH016 last sell for?

AED 393,944 on 22 December 2008, sold by the developer: AED 223 per sqft for 1,766 sqft. It is the only registered sale of the villa.

What is the rent for villa TH016?

AED 100,000 a year on the contract renewed on 31 January 2022. The previous contract, from January 2021, was AED 100,000; the villa has been rented since June 2013.

How big is villa TH016?

1,766 sqft (164.1 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH016 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 TH016, Palmera 4

Starts from the last sale price (AED 394K, 22 December 2008). Switch to today's estimate once you have unlocked it.
Price
AED 393,944
Deposit, UAE resident (20%)
AED 78,789
Deposit, non-resident (40%)
AED 157,578
Monthly over 25 years at 3.7%
AED 1,612

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