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

TH122, Palmera 3

Sold prices and rental history: sold 4 times, last in March 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH122 · DLD and Ejari recordsUpdated 14 March 2024
Last soldAED 3.9M14 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH122, Palmera 3

What is TH122 worth today?

Last sold for AED 3,900,000 in 2024

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14 Mar 2024SoldReady
AED 3,900,000AED 1,600 per sqft
21 Dec 2017SoldReady
AED 2,500,000AED 1,025 per sqft
28 Apr 2013SoldReady
AED 2,490,000AED 2,060 per sqft
1 Oct 2012Sold by developerReady
AED 959,888AED 794 per sqft

Source: Dubai Land Department. Updated 14 March 2024.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 3.9M · March 2024
Community
Palmera 3

About TH122, Palmera 3

TH122 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 14 March 2024 for AED 3,900,000, or AED 1,600 per sqft, 22% above the AED 1,311 two-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH122 over time

Sales
Villa TH122, 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, October 2012: AED 959,888 (AED 794 per sqft)Sold, April 2013: AED 2,490,000 (AED 2,060 per sqft)Sold, December 2017: AED 2,500,000 (AED 1,025 per sqft)Sold, March 2024: AED 3,900,000 (AED 1,600 per sqft)

TH122 has sold 4 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH122, 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 157,500

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 TH122 sits

All 92 2-beds →

TH122 last sold in March 2024 at AED 1,600 per sqft, 22% above what two-beds in Palmera 3 were fetching at the time (AED 1,311). 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.

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 →

TH122, Palmera 3 in numbers

  • Sold 4 times: first on 1 October 2012 for AED 959,888, last on 14 March 2024 for AED 3,900,000 (AED 1,600 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 14 March 2024.

Questions about TH122, Palmera 3

What did villa TH122 last sell for?

AED 3,900,000 on 14 March 2024: AED 1,600 per sqft for 2,437 sqft. The villa has 4 registered sales; the first was AED 959,888 in October 2012.

How big is villa TH122?

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

What is villa TH122 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 TH122, Palmera 3

Starts from the last sale price (AED 3.9M, 14 March 2024). 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 →