2-bed · 2,437 sqftPalmera 3, Arabian Ranches · completed 2008

TH098, Palmera 3

Sold prices and rental history: sold twice, last in May 2023, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Villa TH098 · DLD and Ejari recordsUpdated 22 June 2025
Last soldAED 3.2M3 May 2023
Current rentAED 198K /yr22 June 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for TH098, Palmera 3

What is TH098 worth today?

Last sold for AED 3,200,000 in 2023

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22 Jun 2025RentedNew contract
AED 198,000/yr12 months · AED 81 per sqft
3 May 2023SoldReady
AED 3,200,000AED 1,313 per sqft
20 Aug 2022RentedRenewal
AED 115,426/yr10 months · AED 47 per sqft
20 Aug 2021RentedRenewal
AED 110,000/yr12 months · AED 45 per sqft
22 Aug 2019RentedNew contract
AED 127,500/yr12 months · AED 52 per sqft
10 Jun 2018RentedNew contract
AED 145,000/yr12 months · AED 60 per sqft
3 Sep 2017RentedRenewal
AED 150,000/yr12 months · AED 62 per sqft
3 Sep 2016RentedNew contract
AED 155,000/yr12 months · AED 64 per sqft

Source: Dubai Land Department. Updated 22 June 2025.

Key facts

Type
2-bed villa
Size
2,437 sqft
Developer
Emaar
Completed
2008
Service charge
AED 7,500 /yr
Last sold
AED 3.2M · May 2023
Community
Palmera 3

About TH098, Palmera 3

TH098 is a two-bedroom villa of 2,437 sqft in Palmera 3, a villa community in Arabian Ranches completed in 2008 by Emaar. It last sold on 3 May 2023 for AED 3,200,000, or AED 1,313 per sqft, 3% above the AED 1,272 two-beds in the community were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, signed on 22 June 2025, is AED 198,000 a year: a gross yield of 6.2% on the 2023 price, before the service charge of about AED 7,500 a year.

Sales and rents for TH098 over time

Sales
Villa TH098, 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 2009: AED 1,264,888 (AED 815 per sqft)Sold, May 2023: AED 3,200,000 (AED 1,313 per sqft)

TH098 has sold twice; the dashed line is the two-bed median of each year in the community.

Rents
Villa TH098, 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, September 2013: AED 155,000 a yearNew contract, September 2014: AED 155,000 a yearNew contract, September 2015: AED 155,000 a yearNew contract, September 2016: AED 155,000 a yearRenewal, September 2017: AED 150,000 a yearNew contract, June 2018: AED 145,000 a yearNew contract, August 2019: AED 127,500 a yearRenewal, August 2021: AED 110,000 a yearRenewal, August 2022: AED 115,426 a yearNew contract, June 2025: AED 198,000 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 TH098 sits

All 92 2-beds →

TH098 last sold in May 2023 at AED 1,313 per sqft, 3% above what two-beds in Palmera 3 were fetching at the time (AED 1,272). 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. TH098's AED 198,000 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 →

TH098, Palmera 3 in numbers

  • Sold twice: first on 20 July 2009 for AED 1,264,888, last on 3 May 2023 for AED 3,200,000 (AED 1,313 per sqft).
  • Rented since September 2013 on 10 Ejari contracts. The rent fell from AED 155,000 to AED 110,000 in 2021 and recovered to AED 198,000 by June 2025.
  • At AED 198,000 a year the gross yield on the 2023 price is 6.2%, before a service charge of about AED 7,500 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 22 June 2025.

Questions about TH098, Palmera 3

What did villa TH098 last sell for?

AED 3,200,000 on 3 May 2023: AED 1,313 per sqft for 2,437 sqft. The villa has 2 registered sales; the first was AED 1,264,888 in July 2009.

What is the rent for villa TH098?

AED 198,000 a year on the contract signed on 22 June 2025. The previous contract, from August 2022, was AED 115,426; the villa has been rented since September 2013.

How big is villa TH098?

2,437 sqft (226.4 sqm): a two-bedroom villa in Palmera 3, completed in 2008.

What is villa TH098 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 TH098, Palmera 3

Starts from the last sale price (AED 3.2M, 3 May 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,200,000
Deposit, UAE resident (20%)
AED 640,000
Deposit, non-resident (40%)
AED 1,280,000
Monthly over 25 years at 3.7%
AED 13,092

Plus AED 139,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →