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

TH070, Palmera 4

Sold prices and rental history: sold twice, last in July 2017, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH070 · DLD and Ejari recordsUpdated 6 July 2017
Last soldAED 1.95M6 July 2017
Current rentAED 124K /yr1 October 2015
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH070, Palmera 4

What is TH070 worth today?

Last sold for AED 1,950,000 in 2017

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6 Jul 2017SoldReady
AED 1,950,000AED 903 per sqft
1 Oct 2015RentedRenewal
AED 123,585/yr12 months · AED 57 per sqft
1 Oct 2012RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
4 May 2010Sold by developerReady
AED 783,888AED 408 per sqft

Source: Dubai Land Department. Updated 6 July 2017.

Key facts

Type
2-bed villa
Size
2,158 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 1.95M · July 2017
Community
Palmera 4

About TH070, Palmera 4

TH070 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 6 July 2017 for AED 1,950,000, or AED 903 per sqft, 7% below the AED 970 two-beds in the community were fetching at the time.

It has been rented since 2012 on 2 Ejari contracts. The current contract, renewed on 1 October 2015, is AED 123,585 a year: a gross yield of 6.3% on the 2017 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH070 over time

Sales
Villa TH070, 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, May 2010: AED 783,888 (AED 408 per sqft)Sold, July 2017: AED 1,950,000 (AED 903 per sqft)

TH070 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH070, 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, October 2012: AED 100,000 a yearRenewal, October 2015: AED 123,585 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 TH070 sits

All 76 2-beds →

TH070 last sold in July 2017 at AED 903 per sqft, 7% below what two-beds in Palmera 4 were fetching at the time (AED 970). TH070's AED 123,585 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 →

TH070, Palmera 4 in numbers

  • Sold twice: first on 4 May 2010 for AED 783,888, last on 6 July 2017 for AED 1,950,000 (AED 903 per sqft).
  • Rented since October 2012 on 2 Ejari contracts, from AED 100,000 to AED 123,585 a year.
  • At AED 123,585 a year the gross yield on the 2017 price is 6.3%, before a service charge of about AED 6,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 6 July 2017.

Questions about TH070, Palmera 4

What did villa TH070 last sell for?

AED 1,950,000 on 6 July 2017: AED 903 per sqft for 2,158 sqft. The villa has 2 registered sales; the first was AED 783,888 in May 2010.

What is the rent for villa TH070?

AED 123,585 a year on the contract renewed on 1 October 2015. The previous contract, from October 2012, was AED 100,000.

How big is villa TH070?

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

What is villa TH070 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 TH070, Palmera 4

Starts from the last sale price (AED 1.95M, 6 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

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