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

TH034, Palmera 3

Sold prices and rental history: sold once, by the developer in August 2014, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH034 · DLD and Ejari recordsUpdated 16 May 2025
Last soldAED 844K3 August 2014
Current rentAED 165K /yr16 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH034, Palmera 3

What is TH034 worth today?

Last sold for AED 843,888 in 2014

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16 May 2025RentedRenewal
AED 165,000/yr12 months · AED 77 per sqft
16 May 2025RentedRenewal
AED 165,000/yr12 months · AED 77 per sqft
16 May 2024RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
15 May 2023RentedNew contract
AED 160,000/yr12 months · AED 74 per sqft
24 Jun 2022RentedRenewal
AED 105,000/yr12 months · AED 49 per sqft
24 Jun 2021RentedRenewal
AED 100,000/yr12 months · AED 46 per sqft
24 Jun 2018RentedRenewal
AED 125,000/yr12 months · AED 58 per sqft
24 Jun 2017RentedRenewal
AED 150,000/yr12 months · AED 70 per sqft

Source: Dubai Land Department. Updated 16 May 2025.

Key facts

Type
2-bed villa
Size
2,156 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,600 /yr
Last sold
AED 844K · August 2014
Community
Palmera 3

About TH034, Palmera 3

TH034 is a two-bedroom villa of 2,156 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 3 August 2014 for AED 843,888, or AED 391 per sqft, 66% below the AED 1,167 two-beds in the community were fetching at the time.

It has been rented continuously since 2017 on 8 Ejari contracts. The current contract, renewed on 16 May 2025, is AED 165,000 a year: a gross yield of 19.6% on the 2014 price, before the service charge of about AED 6,600 a year.

Sales and rents for TH034 over time

Sales
Villa TH034, 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, August 2014: AED 843,888 (AED 391 per sqft)

TH034 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH034, 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 157,500Renewal, June 2017: AED 150,000 a yearRenewal, June 2018: AED 125,000 a yearRenewal, June 2021: AED 100,000 a yearRenewal, June 2022: AED 105,000 a yearNew contract, May 2023: AED 160,000 a yearNew contract, May 2024: AED 160,000 a yearRenewal, May 2025: AED 165,000 a yearRenewal, May 2025: AED 165,000 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 TH034 sits

All 92 2-beds →

TH034 last sold in August 2014 at AED 391 per sqft, 66% below what two-beds in Palmera 3 were fetching at the time (AED 1,167). 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. TH034's AED 165,000 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 →

TH034, Palmera 3 in numbers

  • Sold once: by Emaar on 3 August 2014 for AED 843,888, or AED 391 per sqft.
  • Rented since June 2017 on 8 Ejari contracts. The rent fell from AED 150,000 to AED 100,000 in 2021 and recovered to AED 165,000 by May 2025.
  • At AED 165,000 a year the gross yield on the 2014 price is 19.6%, 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 16 May 2025.

Questions about TH034, Palmera 3

What did villa TH034 last sell for?

AED 843,888 on 3 August 2014, sold by the developer: AED 391 per sqft for 2,156 sqft. It is the only registered sale of the villa.

What is the rent for villa TH034?

AED 165,000 a year on the contract renewed on 16 May 2025. The previous contract, from May 2025, was AED 165,000; the villa has been rented since June 2017.

How big is villa TH034?

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

What is villa TH034 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 TH034, Palmera 3

Starts from the last sale price (AED 844K, 3 August 2014). Switch to today's estimate once you have unlocked it.
Price
AED 843,888
Deposit, UAE resident (20%)
AED 168,778
Deposit, non-resident (40%)
AED 337,555
Monthly over 25 years at 3.7%
AED 3,453

Plus AED 40,454 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →