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2-bed · 1,220 sqftPalmera 4, Arabian Ranches · completed 2008

TH023, Palmera 4

Sold prices and rental history: sold twice, last in October 2019, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH023 · DLD and Ejari recordsUpdated 27 May 2025
Last soldAED 800K6 October 2019
Current rentAED 215K /yr27 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH023, Palmera 4

What is TH023 worth today?

Last sold for AED 800,000 in 2019

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27 May 2025RentedRenewal
AED 215,250/yr12 months · AED 88 per sqft
27 May 2024RentedNew contract
AED 205,000/yr12 months · AED 84 per sqft
27 Jan 2023RentedNew contract
AED 175,000/yr12 months · AED 72 per sqft
9 Oct 2021RentedRenewal
AED 120,000/yr12 months · AED 49 per sqft
6 Oct 2019SoldReady
AED 800,000AED 655 per sqft
8 Jul 2019RentedRenewal
AED 145,000/yr12 months · AED 59 per sqft
8 Jul 2018RentedRenewal
AED 155,000/yr12 months · AED 64 per sqft
8 Jul 2017RentedNew contract
AED 155,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 27 May 2025.

Key facts

Type
2-bed villa
Size
1,220 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,800 /yr
Last sold
AED 800K · October 2019
Community
Palmera 4

About TH023, Palmera 4

TH023 is a two-bedroom villa of 1,220 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 6 October 2019 for AED 800,000, or AED 655 per sqft, 9% below the AED 717 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 27 May 2025, is AED 215,250 a year: a gross yield of 26.9% on the 2019 price, before the service charge of about AED 3,800 a year.

Sales and rents for TH023 over time

Sales
Villa TH023, 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, August 2010: AED 510,944 (AED 348 per sqft)Sold, October 2019: AED 800,000 (AED 655 per sqft)

TH023 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH023, each contractTypical two-bed in Palmera 4
100K200K2012201620202024Typical 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 2013: AED 170,000 a yearNew contract, May 2014: AED 180,000 a yearNew contract, May 2015: AED 175,000 a yearNew contract, July 2017: AED 155,000 a yearRenewal, July 2018: AED 155,000 a yearRenewal, July 2019: AED 145,000 a yearRenewal, October 2021: AED 120,000 a yearNew contract, January 2023: AED 175,000 a yearNew contract, May 2024: AED 205,000 a yearRenewal, May 2025: AED 215,250 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 TH023 sits

All 76 2-beds →

TH023 last sold in October 2019 at AED 655 per sqft, 9% below what two-beds in Palmera 4 were fetching at the time (AED 717). TH023's AED 215,250 is at the top 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 →

TH023, Palmera 4 in numbers

  • Sold twice: first on 22 August 2010 for AED 510,944, last on 6 October 2019 for AED 800,000 (AED 655 per sqft).
  • Rented since May 2013 on 10 Ejari contracts. The rent fell from AED 170,000 to AED 120,000 in 2021 and recovered to AED 215,250 by May 2025.
  • At AED 215,250 a year the gross yield on the 2019 price is 26.9%, before a service charge of about AED 3,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 27 May 2025.

Questions about TH023, Palmera 4

What did villa TH023 last sell for?

AED 800,000 on 6 October 2019: AED 655 per sqft for 1,220 sqft. The villa has 2 registered sales; the first was AED 510,944 in August 2010.

What is the rent for villa TH023?

AED 215,250 a year on the contract renewed on 27 May 2025. The previous contract, from May 2024, was AED 205,000; the villa has been rented since May 2013.

How big is villa TH023?

1,220 sqft (113.3 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH023 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 TH023, Palmera 4

Starts from the last sale price (AED 800K, 6 October 2019). Switch to today's estimate once you have unlocked it.
Price
AED 800,000
Deposit, UAE resident (20%)
AED 160,000
Deposit, non-resident (40%)
AED 320,000
Monthly over 25 years at 3.7%
AED 3,273

Plus AED 38,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →