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2-bed · 2,158 sqftPalmera 3, Arabian Ranches · completed 2008

TH123, Palmera 3

Sold prices and rental history: sold twice, last in August 2023, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH123 · DLD and Ejari recordsUpdated 10 April 2025
Last soldAED 2.4M8 August 2023
Current rentAED 132K /yr10 April 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH123, Palmera 3

What is TH123 worth today?

Last sold for AED 2,400,000 in 2023

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10 Apr 2025RentedRenewal
AED 132,000/yr12 months · AED 61 per sqft
10 Apr 2024RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
8 Aug 2023SoldReady
AED 2,400,000AED 1,111 per sqft
10 Apr 2023RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
10 Apr 2023RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
10 Apr 2022RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
10 Apr 2021RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
1 Mar 2017RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft

Source: Dubai Land Department. Updated 10 April 2025.

Key facts

Type
2-bed villa
Size
2,158 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.4M · August 2023
Community
Palmera 3

About TH123, Palmera 3

TH123 is a two-bedroom villa of 2,158 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 8 August 2023 for AED 2,400,000, or AED 1,111 per sqft, 7% below the AED 1,191 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 10 April 2025, is AED 132,000 a year: a gross yield of 5.5% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH123 over time

Sales
Villa TH123, 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 1,135,000 (AED 572 per sqft)Sold, August 2023: AED 2,400,000 (AED 1,111 per sqft)

TH123 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH123, 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 115,000 a yearNew contract, June 2013: AED 115,000 a yearNew contract, January 2015: AED 145,000 a yearRenewal, January 2016: AED 150,000 a yearNew contract, March 2017: AED 130,000 a yearRenewal, April 2021: AED 120,000 a yearRenewal, April 2022: AED 120,000 a yearNew contract, April 2023: AED 120,000 a yearRenewal, April 2023: AED 120,000 a yearRenewal, April 2024: AED 120,000 a yearRenewal, April 2025: AED 132,000 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 TH123 sits

All 92 2-beds →

TH123 last sold in August 2023 at AED 1,111 per sqft, 7% below what two-beds in Palmera 3 were fetching at the time (AED 1,191). 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. TH123's AED 132,000 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 →

TH123, Palmera 3 in numbers

  • Sold twice: first on 2 October 2012 for AED 1,135,000, last on 8 August 2023 for AED 2,400,000 (AED 1,111 per sqft).
  • Rented since June 2012 on 11 Ejari contracts, from AED 115,000 to AED 132,000 a year.
  • At AED 132,000 a year the gross yield on the 2023 price is 5.5%, before a service charge of about AED 6,600 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 10 April 2025.

Questions about TH123, Palmera 3

What did villa TH123 last sell for?

AED 2,400,000 on 8 August 2023: AED 1,111 per sqft for 2,158 sqft. The villa has 2 registered sales; the first was AED 1,135,000 in October 2012.

What is the rent for villa TH123?

AED 132,000 a year on the contract renewed on 10 April 2025. The previous contract, from April 2024, was AED 120,000; the villa has been rented since June 2012.

How big is villa TH123?

2,158 sqft (200.5 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH123 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 TH123, Palmera 3

Starts from the last sale price (AED 2.4M, 8 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,400,000
Deposit, UAE resident (20%)
AED 480,000
Deposit, non-resident (40%)
AED 960,000
Monthly over 25 years at 3.7%
AED 9,819

Plus AED 105,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →