TH115, Palmera 3
Sold prices and rental history: sold once, by the developer in January 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for TH115, Palmera 3
What is TH115 worth today?
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Source: Dubai Land Department. Updated 1 August 2025.
Key facts
- Type
- 3-bed villa
- Size
- 1,266 sqft
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 3,900 /yr
- Last sold
- AED 1.35M · January 2009
- Community
- Palmera 3
About TH115, Palmera 3
TH115 is a three-bedroom villa of 1,266 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 20 January 2009 for AED 1,345,888, or AED 1,063 per sqft, in line with the AED 1,068 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 1 August 2025, is AED 234,360 a year: a gross yield of 17.4% on the 2009 price, before the service charge of about AED 3,900 a year.
Sales and rents for TH115 over time
TH115 has sold once; the dashed line is the three-bed median of each year in the community.
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 TH115 sits
All 46 3-beds →TH115 last sold in January 2009 at AED 1,063 per sqft, in line with what three-beds in Palmera 3 were fetching at the time (AED 1,068). 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. TH115's AED 234,360 is at the bottom of that range.
| Recent 3-bed sales | Villa no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 30 Jan 202630 January 2026 | 3,241 sqft | 6,900,000 | 2,129 | ||
| 26 Jan 202626 January 2026 | 3,241 sqft | 7,200,000 | 2,221 | ||
| 29 Sep 202529 September 2025 | 3,241 sqft | 5,900,000 | 1,820 | ||
| 22 Aug 202522 August 2025 | 3,241 sqft | 6,200,000 | 1,913 |
Palmera 3
Community138 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%
TH115, Palmera 3 in numbers
- Sold once: by Emaar on 20 January 2009 for AED 1,345,888, or AED 1,063 per sqft.
- Rented since September 2012 on 9 Ejari contracts, from AED 160,000 to AED 234,360 a year.
- At AED 234,360 a year the gross yield on the 2009 price is 17.4%, before a service charge of about AED 3,900 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 1 August 2025.
Questions about TH115, Palmera 3
What did villa TH115 last sell for?
AED 1,345,888 on 20 January 2009, sold by the developer: AED 1,063 per sqft for 1,266 sqft. It is the only registered sale of the villa.
What is the rent for villa TH115?
AED 234,360 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 223,200; the villa has been rented since September 2012.
How big is villa TH115?
1,266 sqft (117.6 sqm): a three-bedroom villa in Palmera 3, completed in 2008.
What is villa TH115 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 TH115, Palmera 3
Starts from the last sale price (AED 1.35M, 20 January 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 1,345,888
- Deposit, UAE resident (20%)
- AED 269,178
- Deposit, non-resident (40%)
- AED 538,355
- Monthly over 25 years at 3.7%
- AED 5,506
Plus AED 61,538 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →