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2-bed · 1,233 sqftPalmera 3, Arabian Ranches · completed 2008

TH136, Palmera 3

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH136 · DLD and Ejari recordsUpdated 4 July 2024
Last soldAED 1.2M23 August 2010
Current rentAED 165K /yr4 July 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH136, Palmera 3

What is TH136 worth today?

Last sold for AED 1,200,000 in 2010

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4 Jul 2024RentedRenewal
AED 165,000/yr12 months · AED 76 per sqft
4 Jul 2023RentedNew contract
AED 165,000/yr12 months · AED 76 per sqft
1 Jul 2022RentedRenewal
AED 114,000/yr12 months · AED 53 per sqft
1 Jul 2021RentedRenewal
AED 95,000/yr12 months · AED 44 per sqft
1 Jul 2019RentedNew contract
AED 95,000/yr12 months · AED 44 per sqft
1 Dec 2018RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
1 Dec 2016RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
28 Jun 2015RentedNew contract
AED 153,465/yr12 months · AED 71 per sqft

Source: Dubai Land Department. Updated 4 July 2024.

Key facts

Type
2-bed villa
Size
1,233 sqft
Developer
Emaar
Completed
2008
Service charge
AED 3,800 /yr
Last sold
AED 1.2M · August 2010
Community
Palmera 3

About TH136, Palmera 3

TH136 is a two-bedroom villa of 1,233 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 23 August 2010 for AED 1,200,000, or AED 973 per sqft, 38% above the AED 706 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 4 July 2024, is AED 165,000 a year: a gross yield of 13.8% on the 2010 price, before the service charge of about AED 3,800 a year.

Sales and rents for TH136 over time

Sales
Villa TH136, 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, August 2010: AED 1,200,000 (AED 973 per sqft)

TH136 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH136, 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, January 2013: AED 140,000 a yearNew contract, April 2015: AED 165,000 a yearNew contract, June 2015: AED 153,465 a yearNew contract, December 2016: AED 150,000 a yearNew contract, December 2018: AED 125,000 a yearNew contract, July 2019: AED 95,000 a yearRenewal, July 2021: AED 95,000 a yearRenewal, July 2022: AED 114,000 a yearNew contract, July 2023: AED 165,000 a yearRenewal, July 2024: AED 165,000 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 TH136 sits

All 92 2-beds →

TH136 last sold in August 2010 at AED 973 per sqft, 38% above what two-beds in Palmera 3 were fetching at the time (AED 706). 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. TH136's AED 165,000 is in the upper 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 →

TH136, Palmera 3 in numbers

  • Sold once: by Emaar on 23 August 2010 for AED 1,200,000, or AED 973 per sqft.
  • Rented since January 2013 on 10 Ejari contracts. The rent fell from AED 140,000 to AED 95,000 in 2021 and recovered to AED 165,000 by July 2024.
  • At AED 165,000 a year the gross yield on the 2010 price is 13.8%, before a service charge of about AED 3,800 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 4 July 2024.

Questions about TH136, Palmera 3

What did villa TH136 last sell for?

AED 1,200,000 on 23 August 2010, sold by the developer: AED 973 per sqft for 1,233 sqft. It is the only registered sale of the villa.

What is the rent for villa TH136?

AED 165,000 a year on the contract renewed on 4 July 2024. The previous contract, from July 2023, was AED 165,000; the villa has been rented since January 2013.

How big is villa TH136?

1,233 sqft (114.5 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH136 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 TH136, Palmera 3

Starts from the last sale price (AED 1.2M, 23 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,200,000
Deposit, UAE resident (20%)
AED 240,000
Deposit, non-resident (40%)
AED 480,000
Monthly over 25 years at 3.7%
AED 4,910

Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →