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

TH096, Palmera 3

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH096 · DLD and Ejari recordsUpdated 3 November 2022
Last soldAED 4.2M3 November 2022
Current rentAED 160K /yr20 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH096, Palmera 3

What is TH096 worth today?

Last sold for AED 4,200,000 in 2022

Unlock today's estimate, updated daily, with

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

3 Nov 2022SoldReady
AED 4,200,000AED 1,296 per sqft
20 Dec 2021RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
20 Dec 2020RentedRenewal
AED 160,000/yr12 months · AED 49 per sqft
20 Dec 2019RentedRenewal
AED 175,000/yr12 months · AED 54 per sqft
20 Dec 2018RentedRenewal
AED 175,000/yr12 months · AED 54 per sqft
20 Dec 2017RentedNew contract
AED 175,000/yr12 months · AED 54 per sqft
1 Sep 2016RentedRenewal
AED 230,000/yr12 months · AED 71 per sqft
1 Sep 2015RentedNew contract
AED 230,000/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 3 November 2022.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 4.2M · November 2022
Community
Palmera 3

About TH096, Palmera 3

TH096 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 3 November 2022 for AED 4,200,000, or AED 1,296 per sqft, in line with the AED 1,304 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 20 December 2021, is AED 160,000 a year: a gross yield of 3.8% on the 2022 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH096 over time

Sales
Villa TH096, 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 2008: AED 1,435,888 (AED 995 per sqft)Sold, June 2008: AED 3,775,000 (AED 2,616 per sqft)Sold, November 2022: AED 4,200,000 (AED 1,296 per sqft)

TH096 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH096, 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 2015: AED 230,000 a yearRenewal, September 2016: AED 230,000 a yearNew contract, December 2017: AED 175,000 a yearRenewal, December 2018: AED 175,000 a yearRenewal, December 2019: AED 175,000 a yearRenewal, December 2020: AED 160,000 a yearRenewal, December 2021: AED 160,000 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 TH096 sits

All 46 3-beds →

TH096 last sold in November 2022 at AED 1,296 per sqft, in line with what three-beds in Palmera 3 were fetching at the time (AED 1,304). 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. TH096's AED 160,000 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 →

TH096, Palmera 3 in numbers

  • Sold 3 times: first on 16 June 2008 for AED 3,775,000, last on 3 November 2022 for AED 4,200,000 (AED 1,296 per sqft).
  • Rented since September 2015 on 7 Ejari contracts, from AED 230,000 to AED 160,000 a year.
  • At AED 160,000 a year the gross yield on the 2022 price is 3.8%, 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 3 November 2022.

Questions about TH096, Palmera 3

What did villa TH096 last sell for?

AED 4,200,000 on 3 November 2022: AED 1,296 per sqft for 3,241 sqft. The villa has 3 registered sales; the first was AED 3,775,000 in June 2008.

What is the rent for villa TH096?

AED 160,000 a year on the contract renewed on 20 December 2021. The previous contract, from December 2020, was AED 160,000; the villa has been rented since September 2015.

How big is villa TH096?

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

What is villa TH096 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 TH096? 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 TH096, Palmera 3

Starts from the last sale price (AED 4.2M, 3 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 4,200,000
Deposit, UAE resident (20%)
AED 840,000
Deposit, non-resident (40%)
AED 1,680,000
Monthly over 25 years at 3.7%
AED 17,184

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