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2-bed · 1,765 sqftPalmera 3, Arabian Ranches · completed 2008

TH028, Palmera 3

Sold prices and rental history: sold twice, last in February 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH028 · DLD and Ejari recordsUpdated 1 February 2026
Last soldAED 953K13 February 2011
Current rentAED 150K /yr1 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH028, Palmera 3

What is TH028 worth today?

Last sold for AED 952,888 in 2011

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1 Feb 2026RentedRenewal
AED 150,000/yr12 months · AED 69 per sqft
1 Feb 2025RentedRenewal
AED 150,000/yr12 months · AED 69 per sqft
1 Feb 2024RentedRenewal
AED 150,000/yr12 months · AED 69 per sqft
1 Feb 2023RentedNew contract
AED 150,000/yr12 months · AED 69 per sqft
15 Jan 2022RentedRenewal
AED 106,000/yr12 months · AED 49 per sqft
15 Jan 2021RentedNew contract
AED 97,000/yr12 months · AED 45 per sqft
15 Jan 2020RentedRenewal
AED 110,000/yr12 months · AED 51 per sqft
15 Jan 2019RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft

Source: Dubai Land Department. Updated 1 February 2026.

Key facts

Type
2-bed villa
Size
1,765 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,400 /yr
Last sold
AED 953K · February 2011
Community
Palmera 3

About TH028, Palmera 3

TH028 is a two-bedroom villa of 1,765 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 13 February 2011 for AED 952,888, or AED 539 per sqft, 6% below the AED 574 two-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, renewed on 1 February 2026, is AED 150,000 a year: a gross yield of 15.7% on the 2011 price, before the service charge of about AED 5,400 a year.

Sales and rents for TH028 over time

Sales
Villa TH028, 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, February 2011: AED 952,888 (AED 539 per sqft)Sold, February 2011: AED 920,000 (AED 521 per sqft)

TH028 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH028, 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, March 2015: AED 165,000 a yearRenewal, March 2016: AED 165,000 a yearNew contract, May 2018: AED 132,000 a yearNew contract, January 2019: AED 120,000 a yearRenewal, January 2020: AED 110,000 a yearNew contract, January 2021: AED 97,000 a yearRenewal, January 2022: AED 106,000 a yearNew contract, February 2023: AED 150,000 a yearRenewal, February 2024: AED 150,000 a yearRenewal, February 2025: AED 150,000 a yearRenewal, February 2026: AED 150,000 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 TH028 sits

All 92 2-beds →

TH028 last sold in February 2011 at AED 539 per sqft, 6% below what two-beds in Palmera 3 were fetching at the time (AED 574). 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. TH028's AED 150,000 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 →

TH028, Palmera 3 in numbers

  • Sold twice: first on 13 February 2011 for AED 920,000, last on 13 February 2011 for AED 952,888 (AED 539 per sqft).
  • Rented since March 2015 on 11 Ejari contracts. The rent fell from AED 165,000 to AED 97,000 in 2021 and recovered to AED 150,000 by February 2026.
  • At AED 150,000 a year the gross yield on the 2011 price is 15.7%, 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 1 February 2026.

Questions about TH028, Palmera 3

What did villa TH028 last sell for?

AED 952,888 on 13 February 2011, sold by the developer: AED 539 per sqft for 1,765 sqft. The villa has 2 registered sales; the first was AED 920,000 in February 2011.

What is the rent for villa TH028?

AED 150,000 a year on the contract renewed on 1 February 2026. The previous contract, from February 2025, was AED 150,000; the villa has been rented since March 2015.

How big is villa TH028?

1,765 sqft (164.0 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH028 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 TH028, Palmera 3

Starts from the last sale price (AED 953K, 13 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 952,888
Deposit, UAE resident (20%)
AED 190,578
Deposit, non-resident (40%)
AED 381,155
Monthly over 25 years at 3.7%
AED 3,899

Plus AED 45,032 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →