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2-bed · 2,158 sqftPalmera 4, Arabian Ranches · completed 2008

TH028, Palmera 4

Sold prices and rental history: sold 4 times, last in September 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH028 · DLD and Ejari recordsUpdated 2 September 2022
Last soldAED 2.25M2 September 2022
Current rentAED 113K /yr20 August 2022
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH028, Palmera 4

What is TH028 worth today?

Last sold for AED 2,250,000 in 2022

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2 Sep 2022SoldReady
AED 2,250,000AED 1,042 per sqft
20 Aug 2022RentedRenewal
AED 112,500/yr12 months · AED 52 per sqft
20 Aug 2021RentedRenewal
AED 105,000/yr12 months · AED 49 per sqft
20 Aug 2020RentedNew contract
AED 105,000/yr12 months · AED 49 per sqft
1 May 2020RentedNew contract
AED 107,500/yr12 months · AED 50 per sqft
20 Nov 2017SoldReady
AED 2,000,000AED 926 per sqft
2 Oct 2017SoldReady
AED 1,650,000AED 764 per sqft
27 Feb 2017RentedNew contract
AED 145,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 2 September 2022.

Key facts

Type
2-bed villa
Size
2,158 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.25M · September 2022
Community
Palmera 4

About TH028, Palmera 4

TH028 is a two-bedroom villa of 2,158 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 2 September 2022 for AED 2,250,000, or AED 1,042 per sqft, 4% below the AED 1,087 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 5 Ejari contracts. The current contract, renewed on 20 August 2022, is AED 112,500 a year: a gross yield of 5.0% on the 2022 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH028 over time

Sales
Villa TH028, 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, September 2009: AED 837,888 (AED 469 per sqft)Sold, October 2017: AED 1,650,000 (AED 764 per sqft)Sold, November 2017: AED 2,000,000 (AED 926 per sqft)Sold, September 2022: AED 2,250,000 (AED 1,042 per sqft)

TH028 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH028, 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, February 2017: AED 145,000 a yearNew contract, May 2020: AED 107,500 a yearNew contract, August 2020: AED 105,000 a yearRenewal, August 2021: AED 105,000 a yearRenewal, August 2022: AED 112,500 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 TH028 sits

All 76 2-beds →

TH028 last sold in September 2022 at AED 1,042 per sqft, 4% below what two-beds in Palmera 4 were fetching at the time (AED 1,087). TH028's AED 112,500 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 →

TH028, Palmera 4 in numbers

  • Sold 4 times: first on 28 September 2009 for AED 837,888, last on 2 September 2022 for AED 2,250,000 (AED 1,042 per sqft).
  • Rented since February 2017 on 5 Ejari contracts, from AED 145,000 to AED 112,500 a year.
  • At AED 112,500 a year the gross yield on the 2022 price is 5.0%, before a service charge of about AED 6,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 2 September 2022.

Questions about TH028, Palmera 4

What did villa TH028 last sell for?

AED 2,250,000 on 2 September 2022: AED 1,042 per sqft for 2,158 sqft. The villa has 4 registered sales; the first was AED 837,888 in September 2009.

What is the rent for villa TH028?

AED 112,500 a year on the contract renewed on 20 August 2022. The previous contract, from August 2021, was AED 105,000; the villa has been rented since February 2017.

How big is villa TH028?

2,158 sqft (200.5 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH028 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 TH028, Palmera 4

Starts from the last sale price (AED 2.25M, 2 September 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,250,000
Deposit, UAE resident (20%)
AED 450,000
Deposit, non-resident (40%)
AED 900,000
Monthly over 25 years at 3.7%
AED 9,205

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