Home
Dubai prices
About
Research
2-bed · 2,439 sqftPalmera 3, Arabian Ranches · completed 2008

TH023, Palmera 3

Sold prices and rental history: sold 6 times, last in January 2025, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH023 · DLD and Ejari recordsUpdated 6 January 2025
Last soldAED 5.3M6 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow TH023

Property timeline for TH023, Palmera 3

What is TH023 worth today?

Last sold for AED 5,300,000 in 2025

Unlock today's estimate, updated daily, with

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

6 Jan 2025SoldReady
AED 5,300,000AED 2,173 per sqft
9 Jan 2023SoldReady
AED 3,300,000AED 1,353 per sqft
20 Dec 2020SoldReady
AED 2,250,000AED 922 per sqft
17 Dec 2014SoldReady
AED 3,000,000AED 1,230 per sqft
21 May 2008Sold by developerReady
AED 2,600,000AED 1,465 per sqft
21 May 2008SoldReady
AED 1,538,888AED 867 per sqft

Source: Dubai Land Department. Updated 6 January 2025.

Key facts

Type
2-bed villa
Size
2,439 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 5.3M · January 2025
Community
Palmera 3

About TH023, Palmera 3

TH023 is a two-bedroom villa of 2,439 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 6 January 2025 for AED 5,300,000, or AED 2,173 per sqft, 56% above the AED 1,394 two-beds in the community were fetching at the time.

No rental contract for the villa is registered on Ejari.

Sales and rents for TH023 over time

Sales
Villa TH023, each saleTypical two-bed in Palmera 3
2M4M6M2008201320182023Typical 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 2008: AED 2,600,000 (AED 1,465 per sqft)Sold, May 2008: AED 1,538,888 (AED 867 per sqft)Sold, December 2014: AED 3,000,000 (AED 1,230 per sqft)Sold, December 2020: AED 2,250,000 (AED 922 per sqft)Sold, January 2023: AED 3,300,000 (AED 1,353 per sqft)Sold, January 2025: AED 5,300,000 (AED 2,173 per sqft)

TH023 has sold 6 times; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH023, 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 157,500

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 TH023 sits

All 92 2-beds →

TH023 last sold in January 2025 at AED 2,173 per sqft, 56% above what two-beds in Palmera 3 were fetching at the time (AED 1,394). 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.

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 →

TH023, Palmera 3 in numbers

  • Sold 6 times: first on 21 May 2008 for AED 1,538,888, last on 6 January 2025 for AED 5,300,000 (AED 2,173 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 6 January 2025.

Questions about TH023, Palmera 3

What did villa TH023 last sell for?

AED 5,300,000 on 6 January 2025: AED 2,173 per sqft for 2,439 sqft. The villa has 6 registered sales; the first was AED 1,538,888 in May 2008.

How big is villa TH023?

2,439 sqft (226.6 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH023 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 TH023? 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 TH023, Palmera 3

Starts from the last sale price (AED 5.3M, 6 January 2025). Switch to today's estimate once you have unlocked it.
Price
AED 5,300,000
Deposit, UAE resident (20%)
AED 1,060,000
Deposit, non-resident (40%)
AED 2,120,000
Monthly over 25 years at 3.7%
AED 21,684

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