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2-bed · 1,789 sqftPalmera 3, Arabian Ranches · completed 2008

TH063, Palmera 3

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

Villa TH063 · DLD and Ejari recordsUpdated 1 January 2026
Last soldAED 748K2 September 2009
Current rentAED 139K /yr1 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH063, Palmera 3

What is TH063 worth today?

Last sold for AED 747,888 in 2009

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1 Jan 2026RentedRenewal
AED 139,150/yr12 months · AED 64 per sqft
1 Jan 2025RentedRenewal
AED 126,500/yr12 months · AED 59 per sqft
1 Jan 2024RentedRenewal
AED 110,000/yr12 months · AED 51 per sqft
1 Jan 2023RentedRenewal
AED 103,000/yr12 months · AED 48 per sqft
22 Sep 2019RentedRenewal
AED 123,000/yr12 months · AED 57 per sqft
22 Sep 2017RentedNew contract
AED 130,000/yr12 months · AED 60 per sqft
1 Jan 2017RentedRenewal
AED 139,755/yr12 months · AED 65 per sqft
1 Jan 2016RentedRenewal
AED 133,100/yr12 months · AED 62 per sqft

Source: Dubai Land Department. Updated 1 January 2026.

Key facts

Type
2-bed villa
Size
1,789 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,500 /yr
Last sold
AED 748K · September 2009
Community
Palmera 3

About TH063, Palmera 3

TH063 is a two-bedroom villa of 1,789 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 2 September 2009 for AED 747,888, or AED 418 per sqft, 28% below the AED 579 two-beds in the community were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, renewed on 1 January 2026, is AED 139,150 a year: a gross yield of 18.6% on the 2009 price, before the service charge of about AED 5,500 a year.

Sales and rents for TH063 over time

Sales
Villa TH063, 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, September 2009: AED 747,888 (AED 418 per sqft)

TH063 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH063, 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, April 2012: AED 100,000 a yearNew contract, April 2013: AED 186,695 a yearNew contract, January 2015: AED 121,000 a yearRenewal, January 2016: AED 133,100 a yearRenewal, January 2017: AED 139,755 a yearNew contract, September 2017: AED 130,000 a yearRenewal, September 2019: AED 123,000 a yearRenewal, January 2023: AED 103,000 a yearRenewal, January 2024: AED 110,000 a yearRenewal, January 2025: AED 126,500 a yearRenewal, January 2026: AED 139,150 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 TH063 sits

All 92 2-beds →

TH063 last sold in September 2009 at AED 418 per sqft, 28% below what two-beds in Palmera 3 were fetching at the time (AED 579). 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. TH063's AED 139,150 is in the lower 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 →

TH063, Palmera 3 in numbers

  • Sold once: by Emaar on 2 September 2009 for AED 747,888, or AED 418 per sqft.
  • Rented since April 2012 on 11 Ejari contracts, from AED 100,000 to AED 139,150 a year.
  • At AED 139,150 a year the gross yield on the 2009 price is 18.6%, before a service charge of about AED 5,500 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 January 2026.

Questions about TH063, Palmera 3

What did villa TH063 last sell for?

AED 747,888 on 2 September 2009, sold by the developer: AED 418 per sqft for 1,789 sqft. It is the only registered sale of the villa.

What is the rent for villa TH063?

AED 139,150 a year on the contract renewed on 1 January 2026. The previous contract, from January 2025, was AED 126,500; the villa has been rented since April 2012.

How big is villa TH063?

1,789 sqft (166.2 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH063 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 TH063, Palmera 3

Starts from the last sale price (AED 748K, 2 September 2009). Switch to today's estimate once you have unlocked it.
Price
AED 747,888
Deposit, UAE resident (20%)
AED 149,578
Deposit, non-resident (40%)
AED 299,155
Monthly over 25 years at 3.7%
AED 3,060

Plus AED 36,422 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →