2-bed · 1,804 sqftPalmera 4, Arabian Ranches · completed 2008

TH017, Palmera 4

Sold prices and rental history: sold once, by the developer in March 2011, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH017 · DLD and Ejari recordsUpdated 1 August 2014
Last soldAED 480K7 March 2011
Current rentAED 180K /yr1 August 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH017, Palmera 4

What is TH017 worth today?

Last sold for AED 479,944 in 2011

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1 Aug 2014RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
26 Jun 2013RentedNew contract
AED 163,000/yr12 months · AED 67 per sqft
13 Oct 2012RentedNew contract
AED 135,000/yr12 months · AED 55 per sqft
7 Mar 2011Sold by developerReady
AED 479,944AED 266 per sqft

Source: Dubai Land Department. Updated 1 August 2014.

Key facts

Type
2-bed villa
Size
1,804 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,600 /yr
Last sold
AED 480K · March 2011
Community
Palmera 4

About TH017, Palmera 4

TH017 is a two-bedroom villa of 1,804 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 7 March 2011 for AED 479,944, or AED 266 per sqft, 61% below the AED 680 two-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 1 August 2014, is AED 180,000 a year: a gross yield of 37.5% on the 2011 price, before the service charge of about AED 5,600 a year.

Sales and rents for TH017 over time

Sales
Villa TH017, each saleTypical two-bed in Palmera 4
2M2008201320182023Typical 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 2011: AED 479,944 (AED 266 per sqft)

TH017 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH017, 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 2012: AED 135,000 a yearNew contract, June 2013: AED 163,000 a yearNew contract, August 2014: AED 180,000 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 TH017 sits

All 76 2-beds →

TH017 last sold in March 2011 at AED 266 per sqft, 61% below what two-beds in Palmera 4 were fetching at the time (AED 680). TH017's AED 180,000 is in the upper 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 →

TH017, Palmera 4 in numbers

  • Sold once: by Emaar on 7 March 2011 for AED 479,944, or AED 266 per sqft.
  • Rented since October 2012 on 3 Ejari contracts, from AED 135,000 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2011 price is 37.5%, before a service charge of about AED 5,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 1 August 2014.

Questions about TH017, Palmera 4

What did villa TH017 last sell for?

AED 479,944 on 7 March 2011, sold by the developer: AED 266 per sqft for 1,804 sqft. It is the only registered sale of the villa.

What is the rent for villa TH017?

AED 180,000 a year on the contract signed on 1 August 2014. The previous contract, from June 2013, was AED 163,000; the villa has been rented since October 2012.

How big is villa TH017?

1,804 sqft (167.6 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH017 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 TH017, Palmera 4

Starts from the last sale price (AED 480K, 7 March 2011). Switch to today's estimate once you have unlocked it.
Price
AED 479,944
Deposit, UAE resident (20%)
AED 95,989
Deposit, non-resident (40%)
AED 191,978
Monthly over 25 years at 3.7%
AED 1,964

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