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

TH058, Palmera 4

Sold prices and rental history: sold 4 times, last in July 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH058 · DLD and Ejari recordsUpdated 27 May 2024
Last soldAED 2.65M20 July 2023
Current rentAED 195K /yr27 May 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH058, Palmera 4

What is TH058 worth today?

Last sold for AED 2,650,000 in 2023

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27 May 2024RentedNew contract
AED 195,000/yr12 months · AED 90 per sqft
20 Jul 2023SoldReady
AED 2,650,000AED 1,227 per sqft
22 Jul 2022SoldReady
AED 1,850,000AED 857 per sqft
30 Mar 2022RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
30 Mar 2021RentedRenewal
AED 130,000/yr12 months · AED 60 per sqft
30 Mar 2019RentedNew contract
AED 115,000/yr12 months · AED 53 per sqft
5 Feb 2017RentedNew contract
AED 135,000/yr12 months · AED 63 per sqft
1 Dec 2014RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 27 May 2024.

Key facts

Type
2-bed villa
Size
2,158 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.65M · July 2023
Community
Palmera 4

About TH058, Palmera 4

TH058 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 20 July 2023 for AED 2,650,000, or AED 1,227 per sqft, 8% above the AED 1,138 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, signed on 27 May 2024, is AED 195,000 a year: a gross yield of 7.4% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH058 over time

Sales
Villa TH058, each saleTypical two-bed in Palmera 4
2M2008201320182023Typical 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, December 2011: AED 725,000 (AED 379 per sqft)Sold by developer, December 2011: AED 942,888 (AED 494 per sqft)Sold, July 2022: AED 1,850,000 (AED 857 per sqft)Sold, July 2023: AED 2,650,000 (AED 1,227 per sqft)

TH058 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH058, 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, February 2013: AED 110,250 a yearNew contract, December 2013: AED 135,000 a yearNew contract, December 2014: AED 165,000 a yearNew contract, February 2017: AED 135,000 a yearNew contract, March 2019: AED 115,000 a yearRenewal, March 2021: AED 130,000 a yearRenewal, March 2022: AED 130,000 a yearNew contract, May 2024: AED 195,000 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 TH058 sits

All 76 2-beds →

TH058 last sold in July 2023 at AED 1,227 per sqft, 8% above what two-beds in Palmera 4 were fetching at the time (AED 1,138). TH058's AED 195,000 is in the upper half 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 →

TH058, Palmera 4 in numbers

  • Sold 4 times: first on 11 December 2011 for AED 942,888, last on 20 July 2023 for AED 2,650,000 (AED 1,227 per sqft).
  • Rented since February 2013 on 8 Ejari contracts, from AED 110,250 to AED 195,000 a year.
  • At AED 195,000 a year the gross yield on the 2023 price is 7.4%, before a service charge of about AED 6,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 27 May 2024.

Questions about TH058, Palmera 4

What did villa TH058 last sell for?

AED 2,650,000 on 20 July 2023: AED 1,227 per sqft for 2,158 sqft. The villa has 4 registered sales; the first was AED 942,888 in December 2011.

What is the rent for villa TH058?

AED 195,000 a year on the contract signed on 27 May 2024. The previous contract, from March 2022, was AED 130,000; the villa has been rented since February 2013.

How big is villa TH058?

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

What is villa TH058 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 TH058, Palmera 4

Starts from the last sale price (AED 2.65M, 20 July 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

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