2-bed · 2,156 sqftPalmera 3, Arabian Ranches · completed 2008

TH021, Palmera 3

Sold prices and rental history: sold 3 times, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH021 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 2.42M5 May 2023
Current rentAED 169K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH021, Palmera 3

What is TH021 worth today?

Last sold for AED 2,420,000 in 2023

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15 Jul 2025RentedRenewal
AED 169,000/yr12 months · AED 78 per sqft
15 Jul 2024RentedRenewal
AED 165,000/yr12 months · AED 77 per sqft
15 Jul 2023RentedNew contract
AED 165,000/yr12 months · AED 77 per sqft
5 May 2023SoldReady
AED 2,420,000AED 1,122 per sqft
15 Jun 2022RentedRenewal
AED 125,000/yr12 months · AED 58 per sqft
15 Jun 2021RentedNew contract
AED 125,000/yr12 months · AED 58 per sqft
16 Aug 2013RentedNew contract
AED 150,000/yr12 months · AED 70 per sqft
4 Jul 2013SoldReady
AED 2,400,000AED 1,316 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 2.42M · May 2023
Community
Palmera 3

About TH021, Palmera 3

TH021 is a two-bedroom villa of 2,156 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 5 May 2023 for AED 2,420,000, or AED 1,122 per sqft, 11% below the AED 1,266 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 6 Ejari contracts. The current contract, renewed on 15 July 2025, is AED 169,000 a year: a gross yield of 7.0% on the 2023 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH021 over time

Sales
Villa TH021, 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, July 2011: AED 3,000,000 (AED 1,645 per sqft)Sold, July 2013: AED 2,400,000 (AED 1,316 per sqft)Sold, May 2023: AED 2,420,000 (AED 1,122 per sqft)

TH021 has sold 3 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH021, 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, August 2013: AED 150,000 a yearNew contract, June 2021: AED 125,000 a yearRenewal, June 2022: AED 125,000 a yearNew contract, July 2023: AED 165,000 a yearRenewal, July 2024: AED 165,000 a yearRenewal, July 2025: AED 169,000 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 TH021 sits

All 92 2-beds →

TH021 last sold in May 2023 at AED 1,122 per sqft, 11% below what two-beds in Palmera 3 were fetching at the time (AED 1,266). 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. TH021's AED 169,000 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 →

TH021, Palmera 3 in numbers

  • Sold 3 times: first on 26 July 2011 for AED 3,000,000, last on 5 May 2023 for AED 2,420,000 (AED 1,122 per sqft).
  • Rented since August 2013 on 6 Ejari contracts. The rent fell from AED 150,000 to AED 125,000 in 2022 and recovered to AED 169,000 by July 2025.
  • At AED 169,000 a year the gross yield on the 2023 price is 7.0%, 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 2025.

Questions about TH021, Palmera 3

What did villa TH021 last sell for?

AED 2,420,000 on 5 May 2023: AED 1,122 per sqft for 2,156 sqft. The villa has 3 registered sales; the first was AED 3,000,000 in July 2011.

What is the rent for villa TH021?

AED 169,000 a year on the contract renewed on 15 July 2025. The previous contract, from July 2024, was AED 165,000; the villa has been rented since August 2013.

How big is villa TH021?

2,156 sqft (200.3 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH021 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 TH021, Palmera 3

Starts from the last sale price (AED 2.42M, 5 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,420,000
Deposit, UAE resident (20%)
AED 484,000
Deposit, non-resident (40%)
AED 968,000
Monthly over 25 years at 3.7%
AED 9,901

Plus AED 106,650 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →