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2-bed · 1,741 sqftPalmera 3, Arabian Ranches · completed 2008

TH002, Palmera 3

Sold prices and rental history: sold once, by the developer in May 2009, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH002 · DLD and Ejari recordsUpdated 22 August 2025
Last soldAED 1.15M25 May 2009
Current rentAED 170K /yr22 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH002, Palmera 3

What is TH002 worth today?

Last sold for AED 1,153,888 in 2009

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22 Aug 2025RentedRenewal
AED 170,000/yr12 months · AED 70 per sqft
22 Aug 2024RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
22 Aug 2022RentedRenewal
AED 120,000/yr12 months · AED 49 per sqft
22 Aug 2021RentedRenewal
AED 115,500/yr12 months · AED 47 per sqft
22 Aug 2020RentedRenewal
AED 110,000/yr12 months · AED 45 per sqft
1 Aug 2018RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft
1 Aug 2017RentedNew contract
AED 160,000/yr12 months · AED 66 per sqft
1 Aug 2015RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft

Source: Dubai Land Department. Updated 22 August 2025.

Key facts

Type
2-bed villa
Size
1,741 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,400 /yr
Last sold
AED 1.15M · May 2009
Community
Palmera 3

About TH002, Palmera 3

TH002 is a two-bedroom villa of 1,741 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 25 May 2009 for AED 1,153,888, or AED 662 per sqft, 18% above the AED 561 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 22 August 2025, is AED 170,000 a year: a gross yield of 14.7% on the 2009 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH002 over time

Sales
Villa TH002, 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, May 2009: AED 1,153,888 (AED 662 per sqft)

TH002 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH002, each contractTypical two-bed in Palmera 3
100K150K200K20112015201920232027Typical 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, August 2015: AED 185,000 a yearNew contract, August 2017: AED 160,000 a yearRenewal, August 2018: AED 160,000 a yearRenewal, August 2020: AED 110,000 a yearRenewal, August 2021: AED 115,500 a yearRenewal, August 2022: AED 120,000 a yearRenewal, August 2024: AED 150,000 a yearRenewal, August 2025: AED 170,000 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 TH002 sits

All 92 2-beds →

TH002 last sold in May 2009 at AED 662 per sqft, 18% above what two-beds in Palmera 3 were fetching at the time (AED 561). 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. TH002's AED 170,000 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 →

TH002, Palmera 3 in numbers

  • Sold once: by Emaar on 25 May 2009 for AED 1,153,888, or AED 662 per sqft.
  • Rented since August 2015 on 8 Ejari contracts. The rent fell from AED 185,000 to AED 110,000 in 2020 and recovered to AED 170,000 by August 2025.
  • At AED 170,000 a year the gross yield on the 2009 price is 14.7%, before a service charge of about AED 5,400 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 22 August 2025.

Questions about TH002, Palmera 3

What did villa TH002 last sell for?

AED 1,153,888 on 25 May 2009, sold by the developer: AED 662 per sqft for 1,741 sqft. It is the only registered sale of the villa.

What is the rent for villa TH002?

AED 170,000 a year on the contract renewed on 22 August 2025. The previous contract, from August 2024, was AED 150,000; the villa has been rented since August 2015.

How big is villa TH002?

1,741 sqft (161.7 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH002 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 TH002, Palmera 3

Starts from the last sale price (AED 1.15M, 25 May 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,153,888
Deposit, UAE resident (20%)
AED 230,778
Deposit, non-resident (40%)
AED 461,555
Monthly over 25 years at 3.7%
AED 4,721

Plus AED 53,474 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →