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2-bed · 1,797 sqftPalmera 3, Arabian Ranches · completed 2008

TH083, Palmera 3

Sold prices and rental history: sold once, by the developer in March 2009, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH083 · DLD and Ejari recordsUpdated 2 January 2025
Last soldAED 1.01M15 March 2009
Current rentAED 215K /yr2 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for TH083, Palmera 3

What is TH083 worth today?

Last sold for AED 1,009,888 in 2009

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2 Jan 2025RentedNew contract
AED 215,000/yr12 months · AED 88 per sqft
25 Nov 2023RentedNew contract
AED 200,000/yr12 months · AED 82 per sqft
12 Nov 2021RentedNew contract
AED 140,000/yr12 months · AED 57 per sqft
8 Feb 2019RentedNew contract
AED 135,000/yr12 months · AED 55 per sqft
27 Dec 2017RentedRenewal
AED 162,953/yr12 months · AED 67 per sqft
27 Dec 2016RentedNew contract
AED 165,000/yr12 months · AED 68 per sqft
1 Jun 2016RentedNew contract
AED 170,000/yr12 months · AED 70 per sqft
29 Apr 2015RentedNew contract
AED 180,000/yr12 months · AED 74 per sqft

Source: Dubai Land Department. Updated 2 January 2025.

Key facts

Type
2-bed villa
Size
1,797 sqft
Developer
Emaar
Completed
2008
Service charge
AED 5,500 /yr
Last sold
AED 1.01M · March 2009
Community
Palmera 3

About TH083, Palmera 3

TH083 is a two-bedroom villa of 1,797 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. The developer sold it on 15 March 2009 for AED 1,009,888, or AED 561 per sqft, 3% below the AED 579 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, signed on 2 January 2025, is AED 215,000 a year: a gross yield of 21.3% on the 2009 price, before the service charge of about AED 5,500 a year.

Sales and rents for TH083 over time

Sales
Villa TH083, 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, March 2009: AED 1,009,888 (AED 561 per sqft)

TH083 has sold once; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH083, each contractTypical two-bed in Palmera 3
100K200K20112015201920232027Typical 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 115,000 a yearNew contract, April 2015: AED 180,000 a yearNew contract, June 2016: AED 170,000 a yearNew contract, December 2016: AED 165,000 a yearRenewal, December 2017: AED 162,953 a yearNew contract, February 2019: AED 135,000 a yearNew contract, November 2021: AED 140,000 a yearNew contract, November 2023: AED 200,000 a yearNew contract, January 2025: AED 215,000 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 TH083 sits

All 92 2-beds →

TH083 last sold in March 2009 at AED 561 per sqft, 3% 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. TH083's AED 215,000 is at the top 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 →

TH083, Palmera 3 in numbers

  • Sold once: by Emaar on 15 March 2009 for AED 1,009,888, or AED 561 per sqft.
  • Rented since March 2013 on 9 Ejari contracts, from AED 115,000 to AED 215,000 a year.
  • At AED 215,000 a year the gross yield on the 2009 price is 21.3%, 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 2 January 2025.

Questions about TH083, Palmera 3

What did villa TH083 last sell for?

AED 1,009,888 on 15 March 2009, sold by the developer: AED 561 per sqft for 1,797 sqft. It is the only registered sale of the villa.

What is the rent for villa TH083?

AED 215,000 a year on the contract signed on 2 January 2025. The previous contract, from November 2023, was AED 200,000; the villa has been rented since March 2013.

How big is villa TH083?

1,797 sqft (166.9 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH083 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 TH083, Palmera 3

Starts from the last sale price (AED 1.01M, 15 March 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,009,888
Deposit, UAE resident (20%)
AED 201,978
Deposit, non-resident (40%)
AED 403,955
Monthly over 25 years at 3.7%
AED 4,132

Plus AED 47,426 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →