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2-bed · 2,437 sqftPalmera 3, Arabian Ranches · completed 2008

TH113, Palmera 3

Sold prices and rental history: sold 3 times, last in April 2018, and rented once, from June 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH113 · DLD and Ejari recordsUpdated 15 April 2018
Last soldAED 2.5M15 April 2018
Current rentAED 140K /yr3 June 2012
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH113, Palmera 3

What is TH113 worth today?

Last sold for AED 2,500,000 in 2018

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15 Apr 2018SoldReady
AED 2,500,000AED 1,025 per sqft
23 Sep 2013SoldReady
AED 2,660,000AED 1,140 per sqft
3 Jun 2012RentedNew contract
AED 140,000/yr12 months · AED 57 per sqft
18 Nov 2009Sold by developerReady
AED 1,650,000AED 707 per sqft

Source: Dubai Land Department. Updated 15 April 2018.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.5M · April 2018
Community
Palmera 3

About TH113, Palmera 3

TH113 is a two-bedroom villa of 2,437 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 15 April 2018 for AED 2,500,000, or AED 1,025 per sqft, 14% above the AED 902 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 3 June 2012. The current contract, signed on 3 June 2012, is AED 140,000 a year: a gross yield of 5.6% on the 2018 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH113 over time

Sales
Villa TH113, 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, November 2009: AED 1,650,000 (AED 707 per sqft)Sold, September 2013: AED 2,660,000 (AED 1,140 per sqft)Sold, April 2018: AED 2,500,000 (AED 1,025 per sqft)

TH113 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH113, 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, June 2012: AED 140,000 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 TH113 sits

All 92 2-beds →

TH113 last sold in April 2018 at AED 1,025 per sqft, 14% above what two-beds in Palmera 3 were fetching at the time (AED 902). 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. TH113's AED 140,000 is in the lower half 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 →

TH113, Palmera 3 in numbers

  • Sold 3 times: first on 18 November 2009 for AED 1,650,000, last on 15 April 2018 for AED 2,500,000 (AED 1,025 per sqft).
  • Rented since June 2012 on one Ejari contract, at AED 140,000 a year.
  • At AED 140,000 a year the gross yield on the 2018 price is 5.6%, before a service charge of about AED 7,500 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 15 April 2018.

Questions about TH113, Palmera 3

What did villa TH113 last sell for?

AED 2,500,000 on 15 April 2018: AED 1,025 per sqft for 2,437 sqft. The villa has 3 registered sales; the first was AED 1,650,000 in November 2009.

What is the rent for villa TH113?

AED 140,000 a year on the contract signed on 3 June 2012.

How big is villa TH113?

2,437 sqft (226.4 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH113 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 TH113, Palmera 3

Starts from the last sale price (AED 2.5M, 15 April 2018). Switch to today's estimate once you have unlocked it.
Price
AED 2,500,000
Deposit, UAE resident (20%)
AED 500,000
Deposit, non-resident (40%)
AED 1,000,000
Monthly over 25 years at 3.7%
AED 10,228

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