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2-bed · 1,898 sqftPalmera 3, Arabian Ranches · completed 2008

TH029, Palmera 3

Sold prices and rental history: sold twice, last in September 2011, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH029 · DLD and Ejari recordsUpdated 2 August 2025
Last soldAED 1.7M14 September 2011
Current rentAED 210K /yr2 August 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH029, Palmera 3

What is TH029 worth today?

Last sold for AED 1,700,000 in 2011

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2 Aug 2025RentedNew contract
AED 210,000/yr12 months · AED 86 per sqft
11 Oct 2024RentedNew contract
AED 191,061/yr12 months · AED 78 per sqft
6 Sep 2023RentedNew contract
AED 190,000/yr12 months · AED 78 per sqft
1 Jan 2023RentedRenewal
AED 155,000/yr12 months · AED 64 per sqft
1 Jan 2022RentedNew contract
AED 155,000/yr12 months · AED 64 per sqft
8 Mar 2021RentedNew contract
AED 105,000/yr12 months · AED 43 per sqft
8 Mar 2020RentedRenewal
AED 130,000/yr12 months · AED 53 per sqft
8 Mar 2019RentedRenewal
AED 140,000/yr12 months · AED 57 per sqft

Source: Dubai Land Department. Updated 2 August 2025.

Key facts

Type
2-bed villa
Size
1,898 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,800 /yr
Last sold
AED 1.7M · September 2011
Community
Palmera 3

About TH029, Palmera 3

TH029 is a two-bedroom villa of 1,898 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 14 September 2011 for AED 1,700,000, or AED 895 per sqft, 65% above the AED 542 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 12 Ejari contracts. The current contract, signed on 2 August 2025, is AED 210,000 a year: a gross yield of 12.3% on the 2011 price, before the service charge of about AED 5,800 a year.

Sales and rents for TH029 over time

Sales
Villa TH029, 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, September 2011: AED 1,700,000 (AED 895 per sqft)Sold by developer, September 2011: AED 1,056,888 (AED 617 per sqft)

TH029 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH029, each contractTypical two-bed in Palmera 3
100K200K20112015201920232027Typical 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, February 2012: AED 140,000 a yearRenewal, February 2014: AED 180,000 a yearRenewal, February 2015: AED 180,000 a yearRenewal, February 2016: AED 190,000 a yearRenewal, March 2019: AED 140,000 a yearRenewal, March 2020: AED 130,000 a yearNew contract, March 2021: AED 105,000 a yearNew contract, January 2022: AED 155,000 a yearRenewal, January 2023: AED 155,000 a yearNew contract, September 2023: AED 190,000 a yearNew contract, October 2024: AED 191,061 a yearNew contract, August 2025: AED 210,000 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 TH029 sits

All 92 2-beds →

TH029 last sold in September 2011 at AED 895 per sqft, 65% above what two-beds in Palmera 3 were fetching at the time (AED 542). 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. TH029's AED 210,000 is at the top 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 →

TH029, Palmera 3 in numbers

  • Sold twice: first on 12 September 2011 for AED 1,056,888, last on 14 September 2011 for AED 1,700,000 (AED 895 per sqft).
  • Rented since February 2012 on 12 Ejari contracts. The rent fell from AED 140,000 to AED 105,000 in 2021 and recovered to AED 210,000 by August 2025.
  • At AED 210,000 a year the gross yield on the 2011 price is 12.3%, before a service charge of about AED 5,800 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 2 August 2025.

Questions about TH029, Palmera 3

What did villa TH029 last sell for?

AED 1,700,000 on 14 September 2011: AED 895 per sqft for 1,898 sqft. The villa has 2 registered sales; the first was AED 1,056,888 in September 2011.

What is the rent for villa TH029?

AED 210,000 a year on the contract signed on 2 August 2025. The previous contract, from October 2024, was AED 191,061; the villa has been rented since February 2012.

How big is villa TH029?

1,898 sqft (176.3 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH029 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 TH029, Palmera 3

Starts from the last sale price (AED 1.7M, 14 September 2011). Switch to today's estimate once you have unlocked it.
Price
AED 1,700,000
Deposit, UAE resident (20%)
AED 340,000
Deposit, non-resident (40%)
AED 680,000
Monthly over 25 years at 3.7%
AED 6,955

Plus AED 76,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →