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3-bed · 1,046 sqftPalmera 3, Arabian Ranches · completed 2008

TH085, Palmera 3

Sold prices and rental history: sold twice, last in June 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH085 · DLD and Ejari recordsUpdated 15 October 2023
Last soldAED 2.4M20 June 2011
Current rentAED 255K /yr15 October 2023
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH085, Palmera 3

What is TH085 worth today?

Last sold for AED 2,400,000 in 2011

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15 Oct 2023RentedRenewal
AED 255,000/yr12 months · AED 79 per sqft
15 Oct 2022RentedNew contract
AED 255,000/yr12 months · AED 79 per sqft
10 Sep 2021RentedRenewal
AED 180,000/yr12 months · AED 56 per sqft
10 Sep 2019RentedNew contract
AED 180,000/yr12 months · AED 56 per sqft
10 Aug 2018RentedNew contract
AED 200,000/yr12 months · AED 62 per sqft
1 Aug 2016RentedNew contract
AED 300,000/yr12 months · AED 93 per sqft
1 Sep 2014RentedNew contract
AED 258,500/yr12 months · AED 80 per sqft
31 Aug 2013RentedNew contract
AED 233,702/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 15 October 2023.

Key facts

Type
3-bed villa
Size
1,046 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,200 /yr
Last sold
AED 2.4M · June 2011
Community
Palmera 3

About TH085, Palmera 3

TH085 is a three-bedroom villa of 1,046 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 20 June 2011 for AED 2,400,000, or AED 2,295 per sqft, 132% above the AED 989 three-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 9 Ejari contracts. The current contract, renewed on 15 October 2023, is AED 255,000 a year: a gross yield of 10.6% on the 2011 price, before the service charge of about AED 3,200 a year.

Sales and rents for TH085 over time

Sales
Villa TH085, 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, June 2011: AED 2,400,000 (AED 2,295 per sqft)

TH085 has sold once; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH085, each contractTypical three-bed in Palmera 3
200K300K2012201620202024Typical 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 2012: AED 235,000 a yearNew contract, August 2013: AED 233,702 a yearNew contract, September 2014: AED 258,500 a yearNew contract, August 2016: AED 300,000 a yearNew contract, August 2018: AED 200,000 a yearNew contract, September 2019: AED 180,000 a yearRenewal, September 2021: AED 180,000 a yearNew contract, October 2022: AED 255,000 a yearRenewal, October 2023: AED 255,000 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 TH085 sits

All 46 3-beds →

TH085 last sold in June 2011 at AED 2,295 per sqft, 132% above what three-beds in Palmera 3 were fetching at the time (AED 989). 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. TH085's AED 255,000 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 →

TH085, Palmera 3 in numbers

  • Sold twice: first on 17 January 2011 for AED 4,300,000, last on 20 June 2011 for AED 2,400,000 (AED 2,295 per sqft).
  • Rented since September 2012 on 9 Ejari contracts. The rent fell from AED 235,000 to AED 180,000 in 2021 and recovered to AED 255,000 by October 2023.
  • At AED 255,000 a year the gross yield on the 2011 price is 10.6%, before a service charge of about AED 3,200 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 15 October 2023.

Questions about TH085, Palmera 3

What did villa TH085 last sell for?

AED 2,400,000 on 20 June 2011: AED 2,295 per sqft for 1,046 sqft. The villa has 2 registered sales; the first was AED 4,300,000 in January 2011.

What is the rent for villa TH085?

AED 255,000 a year on the contract renewed on 15 October 2023. The previous contract, from October 2022, was AED 255,000; the villa has been rented since September 2012.

How big is villa TH085?

1,046 sqft (97.2 sqm): a three-bedroom villa in Palmera 3, completed in 2008.

What is villa TH085 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 TH085, Palmera 3

Starts from the last sale price (AED 2.4M, 20 June 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

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