3-bed · 3,241 sqftPalmera 3, Arabian Ranches · completed 2008

TH061, Palmera 3

Sold prices and rental history: sold 3 times, last in May 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH061 · DLD and Ejari recordsUpdated 15 May 2023
Last soldAED 3.83M15 May 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH061, Palmera 3

What is TH061 worth today?

Last sold for AED 3,825,000 in 2023

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15 May 2023SoldReady
AED 3,825,000AED 1,180 per sqft
19 Jan 2021SoldReady
AED 2,700,000AED 833 per sqft
4 May 2010Sold by developerReady
AED 1,178,888AED 370 per sqft

Source: Dubai Land Department. Updated 15 May 2023.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 3.83M · May 2023
Community
Palmera 3

About TH061, Palmera 3

TH061 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 15 May 2023 for AED 3,825,000, or AED 1,180 per sqft, 6% below the AED 1,250 three-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH061 over time

Sales
Villa TH061, each saleTypical three-bed in Palmera 3
2.5M5M2008201320182023Typical 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, May 2010: AED 1,178,888 (AED 370 per sqft)Sold, January 2021: AED 2,700,000 (AED 833 per sqft)Sold, May 2023: AED 3,825,000 (AED 1,180 per sqft)

TH061 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH061, 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 TH061 sits

All 46 3-beds →

TH061 last sold in May 2023 at AED 1,180 per sqft, 6% below what three-beds in Palmera 3 were fetching at the time (AED 1,250). 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 →

TH061, Palmera 3 in numbers

  • Sold 3 times: first on 4 May 2010 for AED 1,178,888, last on 15 May 2023 for AED 3,825,000 (AED 1,180 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 15 May 2023.

Questions about TH061, Palmera 3

What did villa TH061 last sell for?

AED 3,825,000 on 15 May 2023: AED 1,180 per sqft for 3,241 sqft. The villa has 3 registered sales; the first was AED 1,178,888 in May 2010.

How big is villa TH061?

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

What is villa TH061 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 TH061, Palmera 3

Starts from the last sale price (AED 3.83M, 15 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,825,000
Deposit, UAE resident (20%)
AED 765,000
Deposit, non-resident (40%)
AED 1,530,000
Monthly over 25 years at 3.7%
AED 15,649

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