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2-bed · 1,831 sqftPalmera 3, Arabian Ranches · completed 2008

TH051, Palmera 3

Sold prices and rental history: sold once, by the developer in July 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH051 · DLD and Ejari recordsUpdated 1 March 2025
Last soldAED 853K10 July 2011
Current rentAED 172K /yr1 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH051, Palmera 3

What is TH051 worth today?

Last sold for AED 852,888 in 2011

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1 Mar 2025RentedRenewal
AED 172,000/yr12 months · AED 80 per sqft
1 Mar 2024RentedNew contract
AED 172,000/yr12 months · AED 80 per sqft
1 Jan 2023RentedRenewal
AED 135,000/yr12 months · AED 63 per sqft
1 Jan 2022RentedRenewal
AED 110,000/yr12 months · AED 51 per sqft
1 Jan 2021RentedNew contract
AED 100,000/yr12 months · AED 46 per sqft
29 Jul 2019RentedRenewal
AED 120,000/yr12 months · AED 56 per sqft
29 Jul 2018RentedNew contract
AED 120,000/yr12 months · AED 56 per sqft
1 Jun 2017RentedRenewal
AED 156,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 March 2025.

Key facts

Type
2-bed villa
Size
1,831 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,600 /yr
Last sold
AED 853K · July 2011
Community
Palmera 3

About TH051, Palmera 3

TH051 is a two-bedroom villa of 1,831 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 10 July 2011 for AED 852,888, or AED 465 per sqft, 17% below the AED 557 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 12 Ejari contracts. The current contract, renewed on 1 March 2025, is AED 172,000 a year: a gross yield of 20.2% on the 2011 price, before the service charge of about AED 5,600 a year.

Sales and rents for TH051 over time

Sales
Villa TH051, 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, July 2011: AED 852,888 (AED 465 per sqft)

TH051 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH051, 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 2013: AED 119,500 a yearNew contract, March 2014: AED 140,000 a yearRenewal, March 2015: AED 150,000 a yearNew contract, June 2016: AED 160,000 a yearRenewal, June 2017: AED 156,000 a yearNew contract, July 2018: AED 120,000 a yearRenewal, July 2019: AED 120,000 a yearNew contract, January 2021: AED 100,000 a yearRenewal, January 2022: AED 110,000 a yearRenewal, January 2023: AED 135,000 a yearNew contract, March 2024: AED 172,000 a yearRenewal, March 2025: AED 172,000 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 TH051 sits

All 92 2-beds →

TH051 last sold in July 2011 at AED 465 per sqft, 17% below what two-beds in Palmera 3 were fetching at the time (AED 557). 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. TH051's AED 172,000 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 →

TH051, Palmera 3 in numbers

  • Sold once: by Emaar on 10 July 2011 for AED 852,888, or AED 465 per sqft.
  • Rented since March 2013 on 12 Ejari contracts. The rent fell from AED 119,500 to AED 100,000 in 2021 and recovered to AED 172,000 by March 2025.
  • At AED 172,000 a year the gross yield on the 2011 price is 20.2%, before a service charge of about AED 5,600 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 1 March 2025.

Questions about TH051, Palmera 3

What did villa TH051 last sell for?

AED 852,888 on 10 July 2011, sold by the developer: AED 465 per sqft for 1,831 sqft. It is the only registered sale of the villa.

What is the rent for villa TH051?

AED 172,000 a year on the contract renewed on 1 March 2025. The previous contract, from March 2024, was AED 172,000; the villa has been rented since March 2013.

How big is villa TH051?

1,831 sqft (170.1 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH051 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 TH051, Palmera 3

Starts from the last sale price (AED 853K, 10 July 2011). Switch to today's estimate once you have unlocked it.
Price
AED 852,888
Deposit, UAE resident (20%)
AED 170,578
Deposit, non-resident (40%)
AED 341,155
Monthly over 25 years at 3.7%
AED 3,489

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