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3-bed · 1,210 sqftPalmera 3, Arabian Ranches · completed 2008

TH066, Palmera 3

Sold prices and rental history: sold twice, last in July 2013, and rented since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH066 · DLD and Ejari recordsUpdated 23 February 2015
Last soldAED 3.73M31 July 2013
Current rentAED 230K /yr23 February 2015
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH066, Palmera 3

What is TH066 worth today?

Last sold for AED 3,725,000 in 2013

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23 Feb 2015RentedNew contract
AED 230,000/yr12 months · AED 71 per sqft
23 Feb 2014RentedNew contract
AED 230,000/yr12 months · AED 71 per sqft
31 Jul 2013SoldReady
AED 3,725,000AED 3,079 per sqft
11 Jul 2012RentedNew contract
AED 190,000/yr12 months · AED 59 per sqft
14 Jun 2010Sold by developerReady
AED 4,700,000AED 3,885 per sqft

Source: Dubai Land Department. Updated 23 February 2015.

Key facts

Type
3-bed villa
Size
1,210 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,700 /yr
Last sold
AED 3.73M · July 2013
Community
Palmera 3

About TH066, Palmera 3

TH066 is a three-bedroom villa of 1,210 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 31 July 2013 for AED 3,725,000, or AED 3,079 per sqft, 68% above the AED 1,836 three-beds in the community were fetching at the time.

It has been rented since 2012 on 3 Ejari contracts. The current contract, signed on 23 February 2015, is AED 230,000 a year: a gross yield of 6.2% on the 2013 price, before the service charge of about AED 3,700 a year.

Sales and rents for TH066 over time

Sales
Villa TH066, 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, June 2010: AED 4,700,000 (AED 3,885 per sqft)Sold, July 2013: AED 3,725,000 (AED 3,079 per sqft)

TH066 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH066, 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, July 2012: AED 190,000 a yearNew contract, February 2014: AED 230,000 a yearNew contract, February 2015: AED 230,000 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 TH066 sits

All 46 3-beds →

TH066 last sold in July 2013 at AED 3,079 per sqft, 68% above 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. TH066's AED 230,000 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 →

TH066, Palmera 3 in numbers

  • Sold twice: first on 14 June 2010 for AED 4,700,000, last on 31 July 2013 for AED 3,725,000 (AED 3,079 per sqft).
  • Rented since July 2012 on 3 Ejari contracts, from AED 190,000 to AED 230,000 a year.
  • At AED 230,000 a year the gross yield on the 2013 price is 6.2%, before a service charge of about AED 3,700 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 23 February 2015.

Questions about TH066, Palmera 3

What did villa TH066 last sell for?

AED 3,725,000 on 31 July 2013: AED 3,079 per sqft for 1,210 sqft. The villa has 2 registered sales; the first was AED 4,700,000 in June 2010.

What is the rent for villa TH066?

AED 230,000 a year on the contract signed on 23 February 2015. The previous contract, from February 2014, was AED 230,000; the villa has been rented since July 2012.

How big is villa TH066?

1,210 sqft (112.4 sqm): a three-bedroom villa in Palmera 3, completed in 2008.

What is villa TH066 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 TH066, Palmera 3

Starts from the last sale price (AED 3.73M, 31 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 3,725,000
Deposit, UAE resident (20%)
AED 745,000
Deposit, non-resident (40%)
AED 1,490,000
Monthly over 25 years at 3.7%
AED 15,240

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