3-bed · 3,182 sqftPalmera 4, Arabian Ranches · completed 2008

TH037, Palmera 4

Sold prices and rental history: sold twice, last in September 2011, and rented once, from October 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH037 · DLD and Ejari recordsUpdated 15 October 2021
Last soldAED 2.38M25 September 2011
Current rentAED 160K /yr15 October 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH037, Palmera 4

What is TH037 worth today?

Last sold for AED 2,375,000 in 2011

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15 Oct 2021RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
25 Sep 2011SoldReady
AED 2,375,000AED 746 per sqft
1 Jun 2009Sold by developerReady
AED 1,306,888AED 403 per sqft

Source: Dubai Land Department. Updated 15 October 2021.

Key facts

Type
3-bed villa
Size
3,182 sqft
Developer
Emaar
Completed
2008
Service charge
AED 9,800 /yr
Last sold
AED 2.38M · September 2011
Community
Palmera 4

About TH037, Palmera 4

TH037 is a three-bedroom villa of 3,182 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 25 September 2011 for AED 2,375,000, or AED 746 per sqft, 39% below the AED 1,228 three-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 October 2021. The current contract, renewed on 15 October 2021, is AED 160,000 a year: a gross yield of 6.7% on the 2011 price, before the service charge of about AED 9,800 a year.

Sales and rents for TH037 over time

Sales
Villa TH037, each saleTypical three-bed in Palmera 4
2.5M5M2008201320182023Typical sale price by year: 2008 AED 1,353,888; 2009 AED 1,330,888; 2010 AED 1,396,388; 2011 AED 1,869,944; 2012 AED 2,500,000; 2013 AED 1,925,000; 2015 AED 3,450,000; 2016 AED 3,350,000; 2017 AED 3,252,000; 2023 AED 4,600,000; 2024 AED 5,287,500; 2025 AED 6,325,000Sold by developer, June 2009: AED 1,306,888 (AED 403 per sqft)Sold, September 2011: AED 2,375,000 (AED 746 per sqft)

TH037 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH037, each contractTypical three-bed in Palmera 4
150K200K250K2012201620202024Typical rent by year: 2012 AED 185,000; 2013 AED 190,000; 2014 AED 220,000; 2015 AED 215,000; 2016 AED 217,500; 2017 AED 197,500; 2018 AED 165,000; 2019 AED 160,000; 2020 AED 155,500; 2021 AED 155,000; 2022 AED 180,000; 2023 AED 199,999; 2024 AED 202,101; 2025 AED 240,000Renewal, October 2021: AED 160,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Palmera 4, and where TH037 sits

All 37 3-beds →

TH037 last sold in September 2011 at AED 746 per sqft, 39% below what three-beds in Palmera 4 were fetching at the time (AED 1,228).

Recent 3-bed salesVilla no.Price (AED)Summary
22 Oct 20256,050,000
25 Aug 20256,150,000
22 Jul 20257,050,000
7 Jan 20256,500,000
0 3-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 →

TH037, Palmera 4 in numbers

  • Sold twice: first on 1 June 2009 for AED 1,306,888, last on 25 September 2011 for AED 2,375,000 (AED 746 per sqft).
  • Rented since October 2021 on one Ejari contract, at AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2011 price is 6.7%, before a service charge of about AED 9,800 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 15 October 2021.

Questions about TH037, Palmera 4

What did villa TH037 last sell for?

AED 2,375,000 on 25 September 2011: AED 746 per sqft for 3,182 sqft. The villa has 2 registered sales; the first was AED 1,306,888 in June 2009.

What is the rent for villa TH037?

AED 160,000 a year on the contract renewed on 15 October 2021.

How big is villa TH037?

3,182 sqft (295.6 sqm): a three-bedroom villa in Palmera 4, completed in 2008.

What is villa TH037 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 TH037, Palmera 4

Starts from the last sale price (AED 2.38M, 25 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,375,000
Deposit, UAE resident (20%)
AED 475,000
Deposit, non-resident (40%)
AED 950,000
Monthly over 25 years at 3.7%
AED 9,717

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