3-bed · 1,062 sqftPalmera 4, Arabian Ranches · completed 2008

TH048, Palmera 4

Sold prices and rental history: sold once, by the developer in November 2008, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH048 · DLD and Ejari recordsUpdated 30 June 2023
Last soldAED 685K23 November 2008
Current rentAED 200K /yr30 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH048, Palmera 4

What is TH048 worth today?

Last sold for AED 685,444 in 2008

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30 Jun 2023RentedRenewal
AED 200,000/yr12 months · AED 62 per sqft
30 Jun 2022RentedNew contract
AED 200,000/yr12 months · AED 62 per sqft
20 Apr 2021RentedRenewal
AED 156,000/yr12 months · AED 48 per sqft
20 Apr 2020RentedNew contract
AED 156,000/yr12 months · AED 48 per sqft
20 Apr 2019RentedNew contract
AED 162,000/yr12 months · AED 50 per sqft
1 Oct 2018RentedNew contract
AED 180,000/yr12 months · AED 56 per sqft
1 Oct 2017RentedRenewal
AED 210,000/yr12 months · AED 65 per sqft
1 Oct 2016RentedRenewal
AED 210,000/yr12 months · AED 65 per sqft

Source: Dubai Land Department. Updated 30 June 2023.

Key facts

Type
3-bed villa
Size
1,062 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,300 /yr
Last sold
AED 685K · November 2008
Community
Palmera 4

About TH048, Palmera 4

TH048 is a three-bedroom villa of 1,062 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 23 November 2008 for AED 685,444, or AED 645 per sqft, 18% below the AED 783 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 30 June 2023, is AED 200,000 a year: a gross yield of 29.2% on the 2008 price, before the service charge of about AED 3,300 a year.

Sales and rents for TH048 over time

Sales
Villa TH048, each saleTypical three-bed in Palmera 4
02.5M5M2008201320182023Typical 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, November 2008: AED 685,444 (AED 645 per sqft)

TH048 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH048, 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 240,000New contract, October 2012: AED 180,000 a yearRenewal, October 2013: AED 180,000 a yearRenewal, October 2015: AED 210,000 a yearRenewal, October 2016: AED 210,000 a yearRenewal, October 2017: AED 210,000 a yearNew contract, October 2018: AED 180,000 a yearNew contract, April 2019: AED 162,000 a yearNew contract, April 2020: AED 156,000 a yearRenewal, April 2021: AED 156,000 a yearNew contract, June 2022: AED 200,000 a yearRenewal, June 2023: AED 200,000 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 TH048 sits

All 37 3-beds →

TH048 last sold in November 2008 at AED 645 per sqft, 18% below what three-beds in Palmera 4 were fetching at the time (AED 783).

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 →

TH048, Palmera 4 in numbers

  • Sold once: by Emaar on 23 November 2008 for AED 685,444, or AED 645 per sqft.
  • Rented since October 2012 on 11 Ejari contracts. The rent fell from AED 180,000 to AED 156,000 in 2021 and recovered to AED 200,000 by June 2023.
  • At AED 200,000 a year the gross yield on the 2008 price is 29.2%, before a service charge of about AED 3,300 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 30 June 2023.

Questions about TH048, Palmera 4

What did villa TH048 last sell for?

AED 685,444 on 23 November 2008, sold by the developer: AED 645 per sqft for 1,062 sqft. It is the only registered sale of the villa.

What is the rent for villa TH048?

AED 200,000 a year on the contract renewed on 30 June 2023. The previous contract, from June 2022, was AED 200,000; the villa has been rented since October 2012.

How big is villa TH048?

1,062 sqft (98.7 sqm): a three-bedroom villa in Palmera 4, completed in 2008.

What is villa TH048 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 TH048, Palmera 4

Starts from the last sale price (AED 685K, 23 November 2008). Switch to today's estimate once you have unlocked it.
Price
AED 685,444
Deposit, UAE resident (20%)
AED 137,089
Deposit, non-resident (40%)
AED 274,178
Monthly over 25 years at 3.7%
AED 2,804

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