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2-bed · 2,156 sqftPalmera 3, Arabian Ranches · completed 2008

TH094, Palmera 3

Sold prices and rental history: sold twice, last in August 2024, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH094 · DLD and Ejari recordsUpdated 13 August 2024
Last soldAED 2.65M13 August 2024
Current rentAED 90K /yr7 July 2021
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH094, Palmera 3

What is TH094 worth today?

Last sold for AED 2,650,000 in 2024

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13 Aug 2024SoldReady
AED 2,650,000AED 1,228 per sqft
7 Jul 2021RentedRenewal
AED 90,000/yr12 months · AED 42 per sqft
7 Jul 2020RentedNew contract
AED 82,500/yr12 months · AED 38 per sqft
7 Jun 2019RentedRenewal
AED 122,000/yr12 months · AED 57 per sqft
7 Jun 2018RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
1 Jun 2017RentedRenewal
AED 140,000/yr12 months · AED 65 per sqft
1 Jun 2016RentedNew contract
AED 145,000/yr12 months · AED 67 per sqft
18 Apr 2015RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 13 August 2024.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.65M · August 2024
Community
Palmera 3

About TH094, Palmera 3

TH094 is a two-bedroom villa of 2,156 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 13 August 2024 for AED 2,650,000, or AED 1,228 per sqft, 9% below the AED 1,353 two-beds in the community were fetching at the time.

It has been rented continuously since 2014 on 8 Ejari contracts. The current contract, renewed on 7 July 2021, is AED 90,000 a year: a gross yield of 3.4% on the 2024 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH094 over time

Sales
Villa TH094, 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, January 2011: AED 873,888 (AED 452 per sqft)Sold, August 2024: AED 2,650,000 (AED 1,228 per sqft)

TH094 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH094, 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, April 2014: AED 150,000 a yearNew contract, April 2015: AED 150,000 a yearNew contract, June 2016: AED 145,000 a yearRenewal, June 2017: AED 140,000 a yearNew contract, June 2018: AED 130,000 a yearRenewal, June 2019: AED 122,000 a yearNew contract, July 2020: AED 82,500 a yearRenewal, July 2021: AED 90,000 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 TH094 sits

All 92 2-beds →

TH094 last sold in August 2024 at AED 1,228 per sqft, 9% below what two-beds in Palmera 3 were fetching at the time (AED 1,353). 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. TH094's AED 90,000 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 →

TH094, Palmera 3 in numbers

  • Sold twice: first on 17 January 2011 for AED 873,888, last on 13 August 2024 for AED 2,650,000 (AED 1,228 per sqft).
  • Rented since April 2014 on 8 Ejari contracts, from AED 150,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2024 price is 3.4%, before a service charge of about AED 6,600 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 13 August 2024.

Questions about TH094, Palmera 3

What did villa TH094 last sell for?

AED 2,650,000 on 13 August 2024: AED 1,228 per sqft for 2,156 sqft. The villa has 2 registered sales; the first was AED 873,888 in January 2011.

What is the rent for villa TH094?

AED 90,000 a year on the contract renewed on 7 July 2021. The previous contract, from July 2020, was AED 82,500; the villa has been rented since April 2014.

How big is villa TH094?

2,156 sqft (200.3 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH094 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 TH094, Palmera 3

Starts from the last sale price (AED 2.65M, 13 August 2024). Switch to today's estimate once you have unlocked it.
Price
AED 2,650,000
Deposit, UAE resident (20%)
AED 530,000
Deposit, non-resident (40%)
AED 1,060,000
Monthly over 25 years at 3.7%
AED 10,842

Plus AED 116,310 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →