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

TH135, Palmera 3

Sold prices and rental history: sold 3 times, last in July 2019, and rented once, from May 2016. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH135 · DLD and Ejari recordsUpdated 15 July 2019
Last soldAED 1.55M15 July 2019
Current rentAED 145K /yr15 May 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH135, Palmera 3

What is TH135 worth today?

Last sold for AED 1,550,000 in 2019

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15 Jul 2019SoldReady
AED 1,550,000AED 718 per sqft
15 May 2016RentedNew contract
AED 145,000/yr12 months · AED 67 per sqft
26 Oct 2008Sold by developerReady
AED 1,800,000AED 893 per sqft
26 Oct 2008SoldReady
AED 848,888AED 421 per sqft

Source: Dubai Land Department. Updated 15 July 2019.

Key facts

Type
2-bed villa
Size
2,158 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 1.55M · July 2019
Community
Palmera 3

About TH135, Palmera 3

TH135 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 15 July 2019 for AED 1,550,000, or AED 718 per sqft, 10% below the AED 800 two-beds in the community were fetching at the time.

One Ejari contract is registered, from 15 May 2016. The current contract, signed on 15 May 2016, is AED 145,000 a year: a gross yield of 9.3% on the 2019 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH135 over time

Sales
Villa TH135, 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 2008: AED 1,800,000 (AED 893 per sqft)Sold, October 2008: AED 848,888 (AED 421 per sqft)Sold, July 2019: AED 1,550,000 (AED 718 per sqft)

TH135 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH135, 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, May 2016: AED 145,000 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 TH135 sits

All 92 2-beds →

TH135 last sold in July 2019 at AED 718 per sqft, 10% below what two-beds in Palmera 3 were fetching at the time (AED 800). 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. TH135's AED 145,000 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 →

TH135, Palmera 3 in numbers

  • Sold 3 times: first on 26 October 2008 for AED 848,888, last on 15 July 2019 for AED 1,550,000 (AED 718 per sqft).
  • Rented since May 2016 on one Ejari contract, at AED 145,000 a year.
  • At AED 145,000 a year the gross yield on the 2019 price is 9.3%, 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 15 July 2019.

Questions about TH135, Palmera 3

What did villa TH135 last sell for?

AED 1,550,000 on 15 July 2019: AED 718 per sqft for 2,158 sqft. The villa has 3 registered sales; the first was AED 848,888 in October 2008.

What is the rent for villa TH135?

AED 145,000 a year on the contract signed on 15 May 2016.

How big is villa TH135?

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

What is villa TH135 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 TH135, Palmera 3

Starts from the last sale price (AED 1.55M, 15 July 2019). Switch to today's estimate once you have unlocked it.
Price
AED 1,550,000
Deposit, UAE resident (20%)
AED 310,000
Deposit, non-resident (40%)
AED 620,000
Monthly over 25 years at 3.7%
AED 6,342

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