Home
Dubai prices
About
Research
2-bed · 2,437 sqftPalmera 3, Arabian Ranches · completed 2008

TH134, Palmera 3

Sold prices and rental history: sold 3 times, last in June 2021, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH134 · DLD and Ejari recordsUpdated 20 June 2021
Last soldAED 2.7M20 June 2021
Current rentAED 135K /yr29 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH134

Property timeline for TH134, Palmera 3

What is TH134 worth today?

Last sold for AED 2,700,000 in 2021

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

20 Jun 2021SoldReady
AED 2,700,000AED 1,107 per sqft
29 Nov 2020RentedNew contract
AED 135,000/yr12 months · AED 55 per sqft
20 Jan 2019SoldReady
AED 1,950,000AED 800 per sqft
20 Nov 2018RentedRenewal
AED 155,000/yr12 months · AED 64 per sqft
20 Nov 2017RentedRenewal
AED 171,000/yr12 months · AED 70 per sqft
20 Nov 2016RentedRenewal
AED 180,000/yr12 months · AED 74 per sqft
20 Nov 2015RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft
25 Dec 2013Sold by developerReady
AED 1,060,888AED 435 per sqft

Source: Dubai Land Department. Updated 20 June 2021.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 2.7M · June 2021
Community
Palmera 3

About TH134, Palmera 3

TH134 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 20 June 2021 for AED 2,700,000, or AED 1,107 per sqft, 57% above the AED 707 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, signed on 29 November 2020, is AED 135,000 a year: a gross yield of 5.0% on the 2021 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH134 over time

Sales
Villa TH134, 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, December 2013: AED 1,060,888 (AED 435 per sqft)Sold, January 2019: AED 1,950,000 (AED 800 per sqft)Sold, June 2021: AED 2,700,000 (AED 1,107 per sqft)

TH134 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH134, 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, September 2013: AED 147,000 a yearNew contract, November 2015: AED 180,000 a yearRenewal, November 2016: AED 180,000 a yearRenewal, November 2017: AED 171,000 a yearRenewal, November 2018: AED 155,000 a yearNew contract, November 2020: AED 135,000 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 TH134 sits

All 92 2-beds →

TH134 last sold in June 2021 at AED 1,107 per sqft, 57% above what two-beds in Palmera 3 were fetching at the time (AED 707). 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. TH134's AED 135,000 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 →

TH134, Palmera 3 in numbers

  • Sold 3 times: first on 25 December 2013 for AED 1,060,888, last on 20 June 2021 for AED 2,700,000 (AED 1,107 per sqft).
  • Rented since September 2013 on 6 Ejari contracts, from AED 147,000 to AED 135,000 a year.
  • At AED 135,000 a year the gross yield on the 2021 price is 5.0%, 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 20 June 2021.

Questions about TH134, Palmera 3

What did villa TH134 last sell for?

AED 2,700,000 on 20 June 2021: AED 1,107 per sqft for 2,437 sqft. The villa has 3 registered sales; the first was AED 1,060,888 in December 2013.

What is the rent for villa TH134?

AED 135,000 a year on the contract signed on 29 November 2020. The previous contract, from November 2018, was AED 155,000; the villa has been rented since September 2013.

How big is villa TH134?

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

What is villa TH134 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.

Selling TH134? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on TH134, Palmera 3

Starts from the last sale price (AED 2.7M, 20 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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