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

TH022, Palmera 4

Sold prices and rental history: sold 3 times, last in April 2024, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH022 · DLD and Ejari recordsUpdated 3 April 2024
Last soldAED 3M3 April 2024
Current rentAED 130K /yr1 September 2018
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH022, Palmera 4

What is TH022 worth today?

Last sold for AED 3,000,000 in 2024

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3 Apr 2024SoldReady
AED 3,000,000AED 1,391 per sqft
2 May 2019SoldReady
AED 1,700,000AED 788 per sqft
1 Sep 2018RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
1 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
1 Oct 2016RentedRenewal
AED 155,000/yr12 months · AED 72 per sqft
1 Oct 2015RentedNew contract
AED 155,000/yr12 months · AED 72 per sqft
21 May 2014RentedNew contract
AED 126,000/yr12 months · AED 58 per sqft
21 May 2012RentedNew contract
AED 105,000/yr12 months · AED 49 per sqft

Source: Dubai Land Department. Updated 3 April 2024.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 3M · April 2024
Community
Palmera 4

About TH022, Palmera 4

TH022 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 April 2024 for AED 3,000,000, or AED 1,391 per sqft, 5% above the AED 1,322 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 6 Ejari contracts. The current contract, renewed on 1 September 2018, is AED 130,000 a year: a gross yield of 4.3% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH022 over time

Sales
Villa TH022, 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, November 2008: AED 1,870,000 (AED 1,038 per sqft)Sold, May 2019: AED 1,700,000 (AED 788 per sqft)Sold, April 2024: AED 3,000,000 (AED 1,391 per sqft)

TH022 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH022, 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, May 2012: AED 105,000 a yearNew contract, May 2014: AED 126,000 a yearNew contract, October 2015: AED 155,000 a yearRenewal, October 2016: AED 155,000 a yearNew contract, September 2017: AED 130,000 a yearRenewal, September 2018: AED 130,000 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 TH022 sits

All 76 2-beds →

TH022 last sold in April 2024 at AED 1,391 per sqft, 5% above what two-beds in Palmera 4 were fetching at the time (AED 1,322). TH022's AED 130,000 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 →

TH022, Palmera 4 in numbers

  • Sold 3 times: first on 24 November 2008 for AED 1,870,000, last on 3 April 2024 for AED 3,000,000 (AED 1,391 per sqft).
  • Rented since May 2012 on 6 Ejari contracts, from AED 105,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2024 price is 4.3%, before a service charge of about AED 6,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 3 April 2024.

Questions about TH022, Palmera 4

What did villa TH022 last sell for?

AED 3,000,000 on 3 April 2024: AED 1,391 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 1,870,000 in November 2008.

What is the rent for villa TH022?

AED 130,000 a year on the contract renewed on 1 September 2018. The previous contract, from September 2017, was AED 130,000; the villa has been rented since May 2012.

How big is villa TH022?

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

What is villa TH022 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 TH022, Palmera 4

Starts from the last sale price (AED 3M, 3 April 2024). Switch to today's estimate once you have unlocked it.
Price
AED 3,000,000
Deposit, UAE resident (20%)
AED 600,000
Deposit, non-resident (40%)
AED 1,200,000
Monthly over 25 years at 3.7%
AED 12,274

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