1001, Paloma 3
Sold prices and rental history: sold 3 times, last in October 2020, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Paloma 3
What is 1001 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 25 October 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,443 sqft
- Floor
- 10th of 38
- Parking
- P2 - 2309
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 1.75M · October 2020
- Building
- Paloma 3
About 1001, Paloma 3
1001 is a two-bedroom apartment of 1,443 sqft on the 10th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 25 October 2020 for AED 1,750,000, or AED 1,212 per sqft, in line with the AED 1,212 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 8 Ejari contracts. The current contract, renewed on 7 July 2020, is AED 115,000 a year: a gross yield of 6.6% on the 2020 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1001 over time
1001 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Paloma 3, and where 1001 sits
All 74 2-beds →1001 last sold in October 2020 at AED 1,212 per sqft, in line with what two-beds in Paloma 3 were fetching at the time (AED 1,212). Over the last 12 months two-beds sold for AED 3,100,000 to 4,300,000, around AED 2,283 per sqft, and rent for AED 49,852 to 235,000 a year. 1001's AED 115,000 is in the lower half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 1,443 sqft | 13,934 | 9 | ||
| 14 Jul 202614 July 2026 | 1,664 sqft | 3,800,000 | 2,283 | ||
| 2 Jul 20262 July 2026 | 1,443 sqft | 3,700,000 | 2,564 | ||
| 2 Apr 20262 April 2026 | 1,627 sqft | 3,700,000 | 2,274 |
Paloma 3
Building181 apartments, studios to 3-bed over 38 floors in Dubai Marina, completed in 2008 by Emaar. 11 sold in the last 12 months.
- Typical price per sqft
- AED 2,283 Down 1.3%
- Typical sale
- AED 3.7M
- Typical rent
- AED 120K /yr
- Typical yield
- 4.7%
Other units on the 10th floor
All 181 units in Paloma 31001, Paloma 3 in numbers
- Sold 3 times: first on 21 July 2010 for AED 1,587,500, last on 25 October 2020 for AED 1,750,000 (AED 1,212 per sqft).
- Rented since October 2013 on 8 Ejari contracts, from AED 155,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2020 price is 6.6%, before a service charge of about AED 28,600 a year (AED 19.81 per sqft).
- Two-beds in Paloma 3 sold for AED 3,100,000–4,300,000 in the 12 months to November 2026; the building's median across all types is AED 2,283 per sqft.
Source: Dubai Land Department. Updated 25 October 2020.
Questions about 1001, Paloma 3
What did unit 1001 last sell for?
AED 1,750,000 on 25 October 2020: AED 1,212 per sqft for 1,443 sqft. The unit has 3 registered sales; the first was AED 1,587,500 in July 2010.
What is the rent for unit 1001?
AED 115,000 a year on the contract renewed on 7 July 2020. The previous contract, from July 2019, was AED 125,000; the unit has been rented since October 2013.
How big is unit 1001?
1,443 sqft (134.1 sqm): a two-bedroom apartment on the 10th floor of a 38-storey tower completed in 2008.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Paloma 3 sold for AED 3,100,000 to 4,300,000 in the last 12 months, around AED 2,283 per sqft.
Selling 1001? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 1001, Paloma 3
Starts from the last sale price (AED 1.75M, 25 October 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,750,000
- Deposit, UAE resident (20%)
- AED 350,000
- Deposit, non-resident (40%)
- AED 700,000
- Monthly over 25 years at 3.7%
- AED 7,160
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →