3-bed · 1,770 sqftPalmera 3, Arabian Ranches · completed 2008

TH048, Palmera 3

Sold prices and rental history: sold 3 times, last in November 2012, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH048 · DLD and Ejari recordsUpdated 8 November 2012
Last soldAED 3.25M8 November 2012
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH048, Palmera 3

What is TH048 worth today?

Last sold for AED 3,250,000 in 2012

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8 Nov 2012SoldReady
AED 3,250,000AED 1,836 per sqft
18 May 2010SoldReady
AED 2,425,000AED 1,370 per sqft
14 Dec 2008Sold by developerReady
AED 1,383,888AED 781 per sqft

Source: Dubai Land Department. Updated 8 November 2012.

Key facts

Type
3-bed villa
Size
1,770 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,500 /yr
Last sold
AED 3.25M · November 2012
Community
Palmera 3

About TH048, Palmera 3

TH048 is a three-bedroom villa of 1,770 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 8 November 2012 for AED 3,250,000, or AED 1,836 per sqft, in line with the AED 1,836 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH048 over time

Sales
Villa TH048, each saleTypical three-bed in Palmera 3
2M4M6M2008201320182023Typical sale price by year: 2008 AED 1,552,888; 2009 AED 1,512,500; 2010 AED 1,396,388; 2011 AED 1,463,888; 2012 AED 2,920,000; 2013 AED 1,700,000; 2014 AED 4,000,000; 2020 AED 2,350,000; 2021 AED 3,050,000; 2022 AED 4,200,000; 2023 AED 4,950,000; 2025 AED 5,700,000Sold by developer, December 2008: AED 1,383,888 (AED 781 per sqft)Sold, May 2010: AED 2,425,000 (AED 1,370 per sqft)Sold, November 2012: AED 3,250,000 (AED 1,836 per sqft)

TH048 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH048, each contractTypical three-bed in Palmera 3
200K2012201620202024Typical rent by year: 2012 AED 174,960; 2013 AED 210,000; 2014 AED 233,000; 2015 AED 230,000; 2016 AED 230,000; 2017 AED 210,000; 2018 AED 182,500; 2019 AED 167,500; 2020 AED 155,000; 2021 AED 160,000; 2022 AED 190,000; 2023 AED 220,000; 2024 AED 262,000; 2025 AED 270,000

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Palmera 3, and where TH048 sits

All 46 3-beds →

TH048 last sold in November 2012 at AED 1,836 per sqft, in line with what three-beds in Palmera 3 were fetching at the time (AED 1,836). Over the last 12 months three-beds sold for AED 6,900,000 to 7,200,000, around AED 2,175 per sqft, and rent for AED 280,000 to 295,000 a year.

Recent 3-bed salesVilla no.Price (AED)Summary
30 Jan 20266,900,000
26 Jan 20267,200,000
29 Sep 20255,900,000
22 Aug 20256,200,000
2 3-bed sales in the last 12 months

Palmera 3

Community

138 villas, 2-bed to 3-bed in Arabian Ranches, completed in 2008 by Emaar. 4 sold in the last 12 months.

Typical price per sqft
AED 1,975
Typical sale
AED 5.41M
Typical rent
AED 170K /yr
Typical yield
4.0%
Palmera 3, Arabian Ranches: prices, sales and rents →

TH048, Palmera 3 in numbers

  • Sold 3 times: first on 14 December 2008 for AED 1,383,888, last on 8 November 2012 for AED 3,250,000 (AED 1,836 per sqft).
  • Three-beds in Palmera 3 sold for AED 6,900,000–7,200,000 in the 12 months to November 2026; the community's median across all types is AED 1,975 per sqft.

Source: Dubai Land Department. Updated 8 November 2012.

Questions about TH048, Palmera 3

What did villa TH048 last sell for?

AED 3,250,000 on 8 November 2012: AED 1,836 per sqft for 1,770 sqft. The villa has 3 registered sales; the first was AED 1,383,888 in December 2008.

How big is villa TH048?

1,770 sqft (164.4 sqm): a three-bedroom villa in Palmera 3, 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. Three-beds in Palmera 3 sold for AED 6,900,000 to 7,200,000 in the last 12 months, around AED 2,175 per sqft.

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Mortgage on TH048, Palmera 3

Starts from the last sale price (AED 3.25M, 8 November 2012). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

Plus AED 141,510 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →