Home
Dubai prices
About
Research
3-bed · 3,241 sqftPalmera 3, Arabian Ranches · completed 2008

TH054, Palmera 3

Sold prices and rental history: sold 3 times, last in July 2017, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH054 · DLD and Ejari recordsUpdated 9 July 2017
Last soldAED 2.9M9 July 2017
Current rentAED 240K /yr1 July 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH054

Property timeline for TH054, Palmera 3

What is TH054 worth today?

Last sold for AED 2,900,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

9 Jul 2017SoldReady
AED 2,900,000AED 894 per sqft
1 Jul 2015RentedRenewal
AED 240,000/yr12 months · AED 74 per sqft
1 Jul 2014RentedNew contract
AED 240,000/yr12 months · AED 74 per sqft
13 Jan 2014SoldReady
AED 1,383,888AED 427 per sqft
1 Sep 2013RentedNew contract
AED 240,000/yr12 months · AED 74 per sqft
20 Sep 2010Sold by developerReady
AED 1,383,888AED 1,142 per sqft

Source: Dubai Land Department. Updated 9 July 2017.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 2.9M · July 2017
Community
Palmera 3

About TH054, Palmera 3

TH054 is a three-bedroom villa of 3,241 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 9 July 2017 for AED 2,900,000, or AED 894 per sqft.

It has been rented since 2013 on 3 Ejari contracts. The current contract, renewed on 1 July 2015, is AED 240,000 a year: a gross yield of 8.3% on the 2017 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH054 over time

Sales
Villa TH054, 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, September 2010: AED 1,383,888 (AED 1,142 per sqft)Sold, January 2014: AED 1,383,888 (AED 427 per sqft)Sold, July 2017: AED 2,900,000 (AED 894 per sqft)

TH054 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH054, 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 270,000New contract, September 2013: AED 240,000 a yearNew contract, July 2014: AED 240,000 a yearRenewal, July 2015: AED 240,000 a year

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 TH054 sits

All 46 3-beds →

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. TH054's AED 240,000 is at the bottom of that range.

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 →

TH054, Palmera 3 in numbers

  • Sold 3 times: first on 20 September 2010 for AED 1,383,888, last on 9 July 2017 for AED 2,900,000 (AED 894 per sqft).
  • Rented since September 2013 on 3 Ejari contracts, at AED 240,000 a year.
  • At AED 240,000 a year the gross yield on the 2017 price is 8.3%, before a service charge of about AED 10,000 a year (AED 3.08 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 9 July 2017.

Questions about TH054, Palmera 3

What did villa TH054 last sell for?

AED 2,900,000 on 9 July 2017: AED 894 per sqft for 3,241 sqft. The villa has 3 registered sales; the first was AED 1,383,888 in September 2010.

What is the rent for villa TH054?

AED 240,000 a year on the contract renewed on 1 July 2015. The previous contract, from July 2014, was AED 240,000; the villa has been rented since September 2013.

How big is villa TH054?

3,241 sqft (301.1 sqm): a three-bedroom villa in Palmera 3, completed in 2008.

What is villa TH054 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.

Selling TH054? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH054, Palmera 3

Starts from the last sale price (AED 2.9M, 9 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,900,000
Deposit, UAE resident (20%)
AED 580,000
Deposit, non-resident (40%)
AED 1,160,000
Monthly over 25 years at 3.7%
AED 11,865

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