2-bed · 1,903 sqftPalmera 4, Arabian Ranches · completed 2008

TH039, Palmera 4

Sold prices and rental history: sold once, by the developer in October 2012, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH039 · DLD and Ejari recordsUpdated 2 February 2021
Last soldAED 748K11 October 2012
Current rentAED 95K /yr2 February 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH039, Palmera 4

What is TH039 worth today?

Last sold for AED 747,888 in 2012

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2 Feb 2021RentedRenewal
AED 95,000/yr12 months · AED 44 per sqft
2 Feb 2020RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
2 Feb 2019RentedNew contract
AED 105,000/yr12 months · AED 49 per sqft
7 May 2018RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
7 May 2017RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
7 May 2016RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
7 May 2015RentedNew contract
AED 135,000/yr12 months · AED 63 per sqft
19 Apr 2014RentedNew contract
AED 145,000/yr12 months · AED 67 per sqft

Source: Dubai Land Department. Updated 2 February 2021.

Key facts

Type
2-bed villa
Size
1,903 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,900 /yr
Last sold
AED 748K · October 2012
Community
Palmera 4

About TH039, Palmera 4

TH039 is a two-bedroom villa of 1,903 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 11 October 2012 for AED 747,888, or AED 393 per sqft, 51% below the AED 798 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 2 February 2021, is AED 95,000 a year: a gross yield of 12.7% on the 2012 price, before the service charge of about AED 5,900 a year.

Sales and rents for TH039 over time

Sales
Villa TH039, 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, October 2012: AED 747,888 (AED 393 per sqft)

TH039 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH039, 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, March 2013: AED 115,500 a yearNew contract, April 2014: AED 145,000 a yearNew contract, May 2015: AED 135,000 a yearRenewal, May 2016: AED 135,000 a yearRenewal, May 2017: AED 135,000 a yearRenewal, May 2018: AED 135,000 a yearNew contract, February 2019: AED 105,000 a yearRenewal, February 2020: AED 100,000 a yearRenewal, February 2021: AED 95,000 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 TH039 sits

All 76 2-beds →

TH039 last sold in October 2012 at AED 393 per sqft, 51% below what two-beds in Palmera 4 were fetching at the time (AED 798). TH039's AED 95,000 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 →

TH039, Palmera 4 in numbers

  • Sold once: by Emaar on 11 October 2012 for AED 747,888, or AED 393 per sqft.
  • Rented since March 2013 on 9 Ejari contracts, from AED 115,500 to AED 95,000 a year.
  • At AED 95,000 a year the gross yield on the 2012 price is 12.7%, before a service charge of about AED 5,900 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 2 February 2021.

Questions about TH039, Palmera 4

What did villa TH039 last sell for?

AED 747,888 on 11 October 2012, sold by the developer: AED 393 per sqft for 1,903 sqft. It is the only registered sale of the villa.

What is the rent for villa TH039?

AED 95,000 a year on the contract renewed on 2 February 2021. The previous contract, from February 2020, was AED 100,000; the villa has been rented since March 2013.

How big is villa TH039?

1,903 sqft (176.8 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH039 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 TH039, Palmera 4

Starts from the last sale price (AED 748K, 11 October 2012). Switch to today's estimate once you have unlocked it.
Price
AED 747,888
Deposit, UAE resident (20%)
AED 149,578
Deposit, non-resident (40%)
AED 299,155
Monthly over 25 years at 3.7%
AED 3,060

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