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2-bed · 1,941 sqftPalmera 3, Arabian Ranches · completed 2008

TH062, Palmera 3

Sold prices and rental history: sold once, by the developer in February 2009, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH062 · DLD and Ejari recordsUpdated 15 October 2025
Last soldAED 456K3 February 2009
Current rentAED 185K /yr15 October 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH062, Palmera 3

What is TH062 worth today?

Last sold for AED 455,944 in 2009

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15 Oct 2025RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft
15 Jun 2024RentedRenewal
AED 185,000/yr12 months · AED 76 per sqft
15 Jun 2023RentedNew contract
AED 185,000/yr12 months · AED 76 per sqft
1 Mar 2022RentedRenewal
AED 110,000/yr12 months · AED 45 per sqft
1 Mar 2021RentedNew contract
AED 105,000/yr12 months · AED 43 per sqft
8 Mar 2020RentedNew contract
AED 110,000/yr12 months · AED 45 per sqft
1 Feb 2018RentedNew contract
AED 127,000/yr12 months · AED 52 per sqft
10 Jan 2017RentedRenewal
AED 160,000/yr12 months · AED 66 per sqft

Source: Dubai Land Department. Updated 15 October 2025.

Key facts

Type
2-bed villa
Size
1,941 sqft
Developer
Emaar
Completed
2008
Service charge
AED 6,000 /yr
Last sold
AED 456K · February 2009
Community
Palmera 3

About TH062, Palmera 3

TH062 is a two-bedroom villa of 1,941 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 3 February 2009 for AED 455,944, or AED 234 per sqft, 58% below the AED 560 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 15 October 2025, is AED 185,000 a year: a gross yield of 40.6% on the 2009 price, before the service charge of about AED 6,000 a year.

Sales and rents for TH062 over time

Sales
Villa TH062, 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 4,475,000

No registered sale of TH062; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH062, each contractTypical two-bed in Palmera 3
100K150K200K20112015201920232027Typical 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, November 2012: AED 155,000 a yearNew contract, November 2014: AED 180,000 a yearNew contract, January 2016: AED 165,000 a yearRenewal, January 2017: AED 160,000 a yearNew contract, February 2018: AED 127,000 a yearNew contract, March 2020: AED 110,000 a yearNew contract, March 2021: AED 105,000 a yearRenewal, March 2022: AED 110,000 a yearNew contract, June 2023: AED 185,000 a yearRenewal, June 2024: AED 185,000 a yearNew contract, October 2025: AED 185,000 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 TH062 sits

All 92 2-beds →

TH062 last sold in February 2009 at AED 234 per sqft, 58% below what two-beds in Palmera 3 were fetching at the time (AED 560). 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. TH062's AED 185,000 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 →

TH062, Palmera 3 in numbers

  • Sold once: by Emaar on 3 February 2009 for AED 455,944, or AED 234 per sqft.
  • Rented since November 2012 on 11 Ejari contracts. The rent fell from AED 155,000 to AED 105,000 in 2021 and recovered to AED 185,000 by October 2025.
  • At AED 185,000 a year the gross yield on the 2009 price is 40.6%, before a service charge of about AED 6,000 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 15 October 2025.

Questions about TH062, Palmera 3

What did villa TH062 last sell for?

AED 455,944 on 3 February 2009, sold by the developer: AED 234 per sqft for 1,941 sqft. It is the only registered sale of the villa.

What is the rent for villa TH062?

AED 185,000 a year on the contract signed on 15 October 2025. The previous contract, from June 2024, was AED 185,000; the villa has been rented since November 2012.

How big is villa TH062?

1,941 sqft (180.3 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH062 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 TH062, Palmera 3

Starts from the last sale price (AED 456K, 3 February 2009). Switch to today's estimate once you have unlocked it.
Price
AED 455,944
Deposit, UAE resident (20%)
AED 91,189
Deposit, non-resident (40%)
AED 182,378
Monthly over 25 years at 3.7%
AED 1,865

Plus AED 22,060 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →