Home
Dubai prices
About
Research
2-bed · 2,437 sqftPalmera 4, Arabian Ranches · completed 2008

TH038, Palmera 4

Sold prices and rental history: sold 3 times, last in December 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH038 · DLD and Ejari recordsUpdated 28 December 2023
Last soldAED 3.48M28 December 2023
Current rentAED 105K /yr11 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH038

Property timeline for TH038, Palmera 4

What is TH038 worth today?

Last sold for AED 3,475,000 in 2023

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

28 Dec 2023SoldReady
AED 3,475,000AED 1,426 per sqft
11 Mar 2021RentedNew contract
AED 105,000/yr12 months · AED 43 per sqft
15 May 2020RentedNew contract
AED 101,538/yr13 months · AED 42 per sqft
10 Oct 2018RentedNew contract
AED 130,000/yr12 months · AED 53 per sqft
19 Sep 2016RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
8 Aug 2015RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft
5 Aug 2014RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft
11 Jun 2014SoldReady
AED 3,030,000AED 1,243 per sqft

Source: Dubai Land Department. Updated 28 December 2023.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 3.48M · December 2023
Community
Palmera 4

About TH038, Palmera 4

TH038 is a two-bedroom villa of 2,437 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 28 December 2023 for AED 3,475,000, or AED 1,426 per sqft, 16% above the AED 1,227 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 7 Ejari contracts. The current contract, signed on 11 March 2021, is AED 105,000 a year: a gross yield of 3.0% on the 2023 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH038 over time

Sales
Villa TH038, each saleTypical two-bed in Palmera 4
02M4M2008201320182023Typical 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, June 2009: AED 461,944 (AED 268 per sqft)Sold, June 2014: AED 3,030,000 (AED 1,243 per sqft)Sold, December 2023: AED 3,475,000 (AED 1,426 per sqft)

TH038 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH038, each contractTypical two-bed in Palmera 4
100K150K200K2012201620202024Typical 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, March 2012: AED 125,000 a yearNew contract, August 2014: AED 185,000 a yearNew contract, August 2015: AED 185,000 a yearNew contract, September 2016: AED 170,000 a yearNew contract, October 2018: AED 130,000 a yearNew contract, May 2020: AED 101,538 a yearNew contract, March 2021: AED 105,000 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 TH038 sits

All 76 2-beds →

TH038 last sold in December 2023 at AED 1,426 per sqft, 16% above what two-beds in Palmera 4 were fetching at the time (AED 1,227). TH038's AED 105,000 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 →

TH038, Palmera 4 in numbers

  • Sold 3 times: first on 25 June 2009 for AED 461,944, last on 28 December 2023 for AED 3,475,000 (AED 1,426 per sqft).
  • Rented since March 2012 on 7 Ejari contracts, from AED 125,000 to AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2023 price is 3.0%, before a service charge of about AED 7,500 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 28 December 2023.

Questions about TH038, Palmera 4

What did villa TH038 last sell for?

AED 3,475,000 on 28 December 2023: AED 1,426 per sqft for 2,437 sqft. The villa has 3 registered sales; the first was AED 461,944 in June 2009.

What is the rent for villa TH038?

AED 105,000 a year on the contract signed on 11 March 2021. The previous contract, from May 2020, was AED 101,538; the villa has been rented since March 2012.

How big is villa TH038?

2,437 sqft (226.4 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH038 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling TH038? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH038, Palmera 4

Starts from the last sale price (AED 3.48M, 28 December 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,475,000
Deposit, UAE resident (20%)
AED 695,000
Deposit, non-resident (40%)
AED 1,390,000
Monthly over 25 years at 3.7%
AED 14,217

Plus AED 150,960 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →