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3-bed · 3,241 sqftPalmera 3, Arabian Ranches · completed 2008

TH037, Palmera 3

Sold prices and rental history: sold twice, last in April 2020, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH037 · DLD and Ejari recordsUpdated 7 March 2025
Last soldAED 2.2M16 April 2020
Current rentAED 305K /yr7 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH037, Palmera 3

What is TH037 worth today?

Last sold for AED 2,200,000 in 2020

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7 Mar 2025RentedRenewal
AED 305,000/yr12 months · AED 94 per sqft
7 Mar 2024RentedNew contract
AED 300,000/yr12 months · AED 93 per sqft
20 Aug 2020RentedNew contract
AED 158,000/yr12 months · AED 49 per sqft
16 Apr 2020SoldReady
AED 2,200,000AED 678 per sqft
20 Aug 2019RentedNew contract
AED 165,000/yr12 months · AED 51 per sqft
8 Jun 2018RentedRenewal
AED 185,000/yr12 months · AED 57 per sqft
8 Jun 2017RentedNew contract
AED 190,000/yr12 months · AED 59 per sqft
1 May 2016RentedRenewal
AED 234,999/yr11 months · AED 73 per sqft

Source: Dubai Land Department. Updated 7 March 2025.

Key facts

Type
3-bed villa
Size
3,241 sqft
Developer
Emaar
Completed
2008
Service charge
AED 10,000 /yr
Last sold
AED 2.2M · April 2020
Community
Palmera 3

About TH037, Palmera 3

TH037 is a three-bedroom villa of 3,241 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 16 April 2020 for AED 2,200,000, or AED 678 per sqft, 3% below the AED 702 three-beds in the community were fetching at the time.

It has been rented continuously since 2015 on 8 Ejari contracts. The current contract, renewed on 7 March 2025, is AED 305,000 a year: a gross yield of 13.9% on the 2020 price, before the service charge of about AED 10,000 a year.

Sales and rents for TH037 over time

Sales
Villa TH037, each saleTypical three-bed in Palmera 3
02.5M5M2008201320182023Typical sale price by year: 2008 AED 1,552,888; 2009 AED 1,512,500; 2010 AED 1,396,388; 2011 AED 1,463,888; 2012 AED 2,920,000; 2013 AED 1,700,000; 2014 AED 4,000,000; 2020 AED 2,350,000; 2021 AED 3,050,000; 2022 AED 4,200,000; 2023 AED 4,950,000; 2025 AED 5,700,000Sold by developer, February 2009: AED 784,944 (AED 941 per sqft)Sold, April 2020: AED 2,200,000 (AED 678 per sqft)

TH037 has sold twice; the dashed line is the three-bed median of each year in the community.

Rents
Villa TH037, each contractTypical three-bed in Palmera 3
200K300K2012201620202024Typical rent by year: 2012 AED 174,960; 2013 AED 210,000; 2014 AED 233,000; 2015 AED 230,000; 2016 AED 230,000; 2017 AED 210,000; 2018 AED 182,500; 2019 AED 167,500; 2020 AED 155,000; 2021 AED 160,000; 2022 AED 190,000; 2023 AED 220,000; 2024 AED 262,000; 2025 AED 270,000New contract, May 2015: AED 235,000 a yearRenewal, May 2016: AED 234,999 a yearNew contract, June 2017: AED 190,000 a yearRenewal, June 2018: AED 185,000 a yearNew contract, August 2019: AED 165,000 a yearNew contract, August 2020: AED 158,000 a yearNew contract, March 2024: AED 300,000 a yearRenewal, March 2025: AED 305,000 a year

Annual rent on each registered contract; the dashed line is the three-bed median of each year in the community.

3-beds in Palmera 3, and where TH037 sits

All 46 3-beds →

TH037 last sold in April 2020 at AED 678 per sqft, 3% below what three-beds in Palmera 3 were fetching at the time (AED 702). Over the last 12 months three-beds sold for AED 6,900,000 to 7,200,000, around AED 2,175 per sqft, and rent for AED 280,000 to 295,000 a year. TH037's AED 305,000 is at the top of that range.

Recent 3-bed salesVilla no.Price (AED)Summary
30 Jan 20266,900,000
26 Jan 20267,200,000
29 Sep 20255,900,000
22 Aug 20256,200,000
2 3-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 →

TH037, Palmera 3 in numbers

  • Sold twice: first on 1 February 2009 for AED 784,944, last on 16 April 2020 for AED 2,200,000 (AED 678 per sqft).
  • Rented since May 2015 on 8 Ejari contracts. The rent fell from AED 235,000 to AED 158,000 in 2020 and recovered to AED 305,000 by March 2025.
  • At AED 305,000 a year the gross yield on the 2020 price is 13.9%, before a service charge of about AED 10,000 a year (AED 3.08 per sqft).
  • Three-beds in Palmera 3 sold for AED 6,900,000–7,200,000 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 7 March 2025.

Questions about TH037, Palmera 3

What did villa TH037 last sell for?

AED 2,200,000 on 16 April 2020: AED 678 per sqft for 3,241 sqft. The villa has 2 registered sales; the first was AED 784,944 in February 2009.

What is the rent for villa TH037?

AED 305,000 a year on the contract renewed on 7 March 2025. The previous contract, from March 2024, was AED 300,000; the villa has been rented since May 2015.

How big is villa TH037?

3,241 sqft (301.1 sqm): a three-bedroom villa in Palmera 3, completed in 2008.

What is villa TH037 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Palmera 3 sold for AED 6,900,000 to 7,200,000 in the last 12 months, around AED 2,175 per sqft.

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Mortgage on TH037, Palmera 3

Starts from the last sale price (AED 2.2M, 16 April 2020). Switch to today's estimate once you have unlocked it.
Price
AED 2,200,000
Deposit, UAE resident (20%)
AED 440,000
Deposit, non-resident (40%)
AED 880,000
Monthly over 25 years at 3.7%
AED 9,001

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