2-bed · 2,156 sqftPalmera 4, Arabian Ranches · completed 2008

TH111, Palmera 4

Sold prices and rental history: sold 3 times, last in December 2020, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH111 · DLD and Ejari recordsUpdated 24 December 2020
Last soldAED 1.35M24 December 2020
Current rentAED 120K /yr1 July 2018
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH111, Palmera 4

What is TH111 worth today?

Last sold for AED 1,350,000 in 2020

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24 Dec 2020SoldReady
AED 1,350,000AED 626 per sqft
1 Jul 2018RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
15 Jun 2017RentedNew contract
AED 122,000/yr12 months · AED 57 per sqft
27 Mar 2017RentedNew contract
AED 135,000/yr15 months · AED 63 per sqft
15 Jul 2016RentedRenewal
AED 150,000/yr12 months · AED 70 per sqft
15 Jul 2015RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft
3 Jan 2014RentedNew contract
AED 140,000/yr12 months · AED 65 per sqft
10 Dec 2013SoldReady
AED 2,510,000AED 1,372 per sqft

Source: Dubai Land Department. Updated 24 December 2020.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 1.35M · December 2020
Community
Palmera 4

About TH111, Palmera 4

TH111 is a two-bedroom villa of 2,156 sqft in Palmera 4, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 24 December 2020 for AED 1,350,000, or AED 626 per sqft, 3% below the AED 648 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 1 July 2018, is AED 120,000 a year: a gross yield of 8.9% on the 2020 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH111 over time

Sales
Villa TH111, 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, December 2013: AED 2,510,000 (AED 1,372 per sqft)Sold, December 2020: AED 1,350,000 (AED 626 per sqft)

TH111 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH111, 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, January 2014: AED 140,000 a yearNew contract, July 2015: AED 150,000 a yearRenewal, July 2016: AED 150,000 a yearNew contract, March 2017: AED 135,000 a yearNew contract, June 2017: AED 122,000 a yearNew contract, July 2018: AED 120,000 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 TH111 sits

All 76 2-beds →

TH111 last sold in December 2020 at AED 626 per sqft, 3% below what two-beds in Palmera 4 were fetching at the time (AED 648). TH111's AED 120,000 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 →

TH111, Palmera 4 in numbers

  • Sold 3 times: first on 3 February 2009 for AED 371,944, last on 24 December 2020 for AED 1,350,000 (AED 626 per sqft).
  • Rented since January 2014 on 6 Ejari contracts, from AED 140,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2020 price is 8.9%, before a service charge of about AED 6,600 a year (AED 3.08 per sqft).

Source: Dubai Land Department. Updated 24 December 2020.

Questions about TH111, Palmera 4

What did villa TH111 last sell for?

AED 1,350,000 on 24 December 2020: AED 626 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 371,944 in February 2009.

What is the rent for villa TH111?

AED 120,000 a year on the contract signed on 1 July 2018. The previous contract, from June 2017, was AED 122,000; the villa has been rented since January 2014.

How big is villa TH111?

2,156 sqft (200.3 sqm): a two-bedroom villa in Palmera 4, completed in 2008.

What is villa TH111 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 TH111, Palmera 4

Starts from the last sale price (AED 1.35M, 24 December 2020). Switch to today's estimate once you have unlocked it.
Price
AED 1,350,000
Deposit, UAE resident (20%)
AED 270,000
Deposit, non-resident (40%)
AED 540,000
Monthly over 25 years at 3.7%
AED 5,523

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