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

TH102, Palmera 3

Sold prices and rental history: sold 3 times, last in November 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH102 · DLD and Ejari recordsUpdated 16 November 2022
Last soldAED 3.9M16 November 2022
Current rentAED 150K /yr15 August 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH102, Palmera 3

What is TH102 worth today?

Last sold for AED 3,900,000 in 2022

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16 Nov 2022SoldReady
AED 3,900,000AED 1,203 per sqft
15 Jul 2021SoldReady
AED 3,300,000AED 1,018 per sqft
15 Aug 2020RentedNew contract
AED 150,000/yr12 months · AED 46 per sqft
15 Aug 2018RentedNew contract
AED 160,000/yr12 months · AED 49 per sqft
6 Aug 2017RentedNew contract
AED 185,000/yr12 months · AED 57 per sqft
3 May 2016RentedRenewal
AED 230,000/yr12 months · AED 71 per sqft
3 May 2015RentedNew contract
AED 235,000/yr12 months · AED 73 per sqft
1 May 2014RentedNew contract
AED 235,000/yr12 months · AED 73 per sqft

Source: Dubai Land Department. Updated 16 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 3.9M · November 2022
Community
Palmera 3

About TH102, Palmera 3

TH102 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 16 November 2022 for AED 3,900,000, or AED 1,203 per sqft, 7% below the AED 1,296 three-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, signed on 15 August 2020, is AED 150,000 a year: a gross yield of 3.9% on the 2022 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH102 over time

Sales
Villa TH102, 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, August 2010: AED 1,282,888 (AED 593 per sqft)Sold, July 2021: AED 3,300,000 (AED 1,018 per sqft)Sold, November 2022: AED 3,900,000 (AED 1,203 per sqft)

TH102 has sold 3 times; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH102, 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, April 2013: AED 165,000 a yearNew contract, May 2014: AED 235,000 a yearNew contract, May 2015: AED 235,000 a yearRenewal, May 2016: AED 230,000 a yearNew contract, August 2017: AED 185,000 a yearNew contract, August 2018: AED 160,000 a yearNew contract, August 2020: AED 150,000 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 TH102 sits

All 46 3-beds →

TH102 last sold in November 2022 at AED 1,203 per sqft, 7% below what three-beds in Palmera 3 were fetching at the time (AED 1,296). 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. TH102's AED 150,000 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 →

TH102, Palmera 3 in numbers

  • Sold 3 times: first on 1 August 2010 for AED 1,282,888, last on 16 November 2022 for AED 3,900,000 (AED 1,203 per sqft).
  • Rented since April 2013 on 7 Ejari contracts, from AED 165,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2022 price is 3.9%, 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 16 November 2022.

Questions about TH102, Palmera 3

What did villa TH102 last sell for?

AED 3,900,000 on 16 November 2022: AED 1,203 per sqft for 3,241 sqft. The villa has 3 registered sales; the first was AED 1,282,888 in August 2010.

What is the rent for villa TH102?

AED 150,000 a year on the contract signed on 15 August 2020. The previous contract, from August 2018, was AED 160,000; the villa has been rented since April 2013.

How big is villa TH102?

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

What is villa TH102 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 TH102, Palmera 3

Starts from the last sale price (AED 3.9M, 16 November 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,900,000
Deposit, UAE resident (20%)
AED 780,000
Deposit, non-resident (40%)
AED 1,560,000
Monthly over 25 years at 3.7%
AED 15,956

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