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2-bed · 1,908 sqftPalmera 3, Arabian Ranches · completed 2008

TH052, Palmera 3

Sold prices and rental history: sold twice, last in July 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH052 · DLD and Ejari recordsUpdated 14 August 2023
Last soldAED 890K15 July 2021
Current rentAED 115K /yr14 August 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH052, Palmera 3

What is TH052 worth today?

Last sold for AED 890,000 in 2021

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14 Aug 2023RentedRenewal
AED 114,692/yr12 months · AED 53 per sqft
14 Aug 2022RentedNew contract
AED 110,000/yr12 months · AED 51 per sqft
15 Jul 2021SoldReady
AED 890,000AED 412 per sqft
1 Oct 2020RentedNew contract
AED 90,000/yr12 months · AED 42 per sqft
28 Sep 2019RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
1 Sep 2018RentedNew contract
AED 105,000/yr12 months · AED 49 per sqft
26 Jun 2013Sold by developerReady
AED 852,888AED 447 per sqft
20 Jun 2013RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 14 August 2023.

Key facts

Type
2-bed villa
Size
1,908 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,900 /yr
Last sold
AED 890K · July 2021
Community
Palmera 3

About TH052, Palmera 3

TH052 is a two-bedroom villa of 1,908 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 15 July 2021 for AED 890,000, or AED 412 per sqft, 42% below the AED 707 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 14 August 2023, is AED 114,692 a year: a gross yield of 12.9% on the 2021 price, before the service charge of about AED 5,900 a year.

Sales and rents for TH052 over time

Sales
Villa TH052, each saleTypical two-bed in Palmera 3
2M4M2008201320182023Typical sale price by year: 2008 AED 1,274,888; 2009 AED 1,023,888; 2010 AED 1,200,000; 2011 AED 1,181,250; 2012 AED 1,875,000; 2013 AED 2,187,500; 2014 AED 2,612,500; 2015 AED 2,500,000; 2016 AED 2,492,500; 2017 AED 2,036,363; 2018 AED 1,900,000; 2019 AED 1,890,000; 2020 AED 1,600,000; 2021 AED 2,500,000; 2022 AED 2,480,000; 2023 AED 2,900,000; 2024 AED 3,150,000; 2025 AED 4,475,000Sold by developer, June 2013: AED 852,888 (AED 447 per sqft)Sold, July 2021: AED 890,000 (AED 412 per sqft)

TH052 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH052, each contractTypical two-bed in Palmera 3
100K150K20112015201920232027Typical rent by year: 2011 AED 97,000; 2012 AED 130,000; 2013 AED 140,000; 2014 AED 160,000; 2015 AED 170,000; 2016 AED 160,000; 2017 AED 150,000; 2018 AED 135,000; 2019 AED 125,000; 2020 AED 110,000; 2021 AED 110,000; 2022 AED 119,027; 2023 AED 155,000; 2024 AED 165,000; 2025 AED 170,000; 2026 AED 157,500New contract, June 2013: AED 130,000 a yearNew contract, September 2018: AED 105,000 a yearNew contract, September 2019: AED 100,000 a yearNew contract, October 2020: AED 90,000 a yearNew contract, August 2022: AED 110,000 a yearRenewal, August 2023: AED 114,692 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 3, and where TH052 sits

All 92 2-beds →

TH052 last sold in July 2021 at AED 412 per sqft, 42% below what two-beds in Palmera 3 were fetching at the time (AED 707). Over the last 12 months two-beds sold for AED 3,700,000 to 3,925,566, around AED 1,767 per sqft, and rent for AED 120,000 to 195,000 a year. TH052's AED 114,692 is at the bottom of that range.

Recent 2-bed salesVilla no.Price (AED)Summary
12 Feb 20263,700,000
23 Dec 20253,925,566
16 Sep 20254,450,000
2 May 20254,500,000
2 2-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 →

TH052, Palmera 3 in numbers

  • Sold twice: first on 26 June 2013 for AED 852,888, last on 15 July 2021 for AED 890,000 (AED 412 per sqft).
  • Rented since June 2013 on 6 Ejari contracts. The rent fell from AED 130,000 to AED 90,000 in 2020 and recovered to AED 114,692 by August 2023.
  • At AED 114,692 a year the gross yield on the 2021 price is 12.9%, before a service charge of about AED 5,900 a year (AED 3.08 per sqft).
  • Two-beds in Palmera 3 sold for AED 3,700,000–3,925,566 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 14 August 2023.

Questions about TH052, Palmera 3

What did villa TH052 last sell for?

AED 890,000 on 15 July 2021: AED 412 per sqft for 1,908 sqft. The villa has 2 registered sales; the first was AED 852,888 in June 2013.

What is the rent for villa TH052?

AED 114,692 a year on the contract renewed on 14 August 2023. The previous contract, from August 2022, was AED 110,000; the villa has been rented since June 2013.

How big is villa TH052?

1,908 sqft (177.3 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH052 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Palmera 3 sold for AED 3,700,000 to 3,925,566 in the last 12 months, around AED 1,767 per sqft.

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Mortgage on TH052, Palmera 3

Starts from the last sale price (AED 890K, 15 July 2021). Switch to today's estimate once you have unlocked it.
Price
AED 890,000
Deposit, UAE resident (20%)
AED 178,000
Deposit, non-resident (40%)
AED 356,000
Monthly over 25 years at 3.7%
AED 3,641

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