1103, Paloma 3
Sold prices and rental history: sold 3 times, last in September 2019, and rented since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1103, Paloma 3
What is 1103 worth today?
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Source: Dubai Land Department. Updated 24 September 2019.
Key facts
- Type
- 2-bed apartment
- Size
- 1,664 sqft
- Floor
- 11th of 38
- Parking
- P3 - 3124
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 33,000 /yr
- Last sold
- AED 2.28M · September 2019
- Building
- Paloma 3
About 1103, Paloma 3
1103 is a two-bedroom apartment of 1,664 sqft on the 11th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 24 September 2019 for AED 2,275,000, or AED 1,367 per sqft, in line with the AED 1,367 two-beds in the building were fetching at the time.
It has been rented since 2017 on 3 Ejari contracts. The current contract, renewed on 20 January 2019, is AED 180,000 a year: a gross yield of 7.9% on the 2019 price, before the service charge of about AED 33,000 a year.
Sales and rents for 1103 over time
1103 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 1103 sits
All 74 2-beds →1103 last sold in September 2019 at AED 1,367 per sqft, in line with what two-beds in Paloma 3 were fetching at the time (AED 1,367). 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. 1103's AED 180,000 is in the upper 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 11th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1101 | 2-bed | 1,443 sqft | AED 2.2MAED 2,200,000 · Jan 2013January 2013 | 130,000 /yr | |
| 1102 | 3-bed | 2,098 sqft | AED 5.5MAED 5,500,000 · Apr 2025April 2025 | 183,750 /yr | |
| 1104 | 1-bed | 891 sqft | AED 827KAED 826,888 · Jul 2009July 2009 | 120,000 /yr | |
| 1105 | 1-bed | 1,036 sqft | AED 1.55MAED 1,550,000 · Apr 2016April 2016 | 90,000 /yr |
1103, Paloma 3 in numbers
- Sold 3 times: first on 30 May 2011 for AED 1,868,888, last on 24 September 2019 for AED 2,275,000 (AED 1,367 per sqft).
- Rented since January 2017 on 3 Ejari contracts, from AED 195,000 to AED 180,000 a year.
- At AED 180,000 a year the gross yield on the 2019 price is 7.9%, before a service charge of about AED 33,000 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 24 September 2019.
Questions about 1103, Paloma 3
What did unit 1103 last sell for?
AED 2,275,000 on 24 September 2019: AED 1,367 per sqft for 1,664 sqft. The unit has 3 registered sales; the first was AED 1,868,888 in May 2011.
What is the rent for unit 1103?
AED 180,000 a year on the contract renewed on 20 January 2019. The previous contract, from January 2018, was AED 195,000; the unit has been rented since January 2017.
How big is unit 1103?
1,664 sqft (154.6 sqm): a two-bedroom apartment on the 11th floor of a 38-storey tower completed in 2008.
What is unit 1103 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.
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Mortgage on 1103, Paloma 3
Starts from the last sale price (AED 2.28M, 24 September 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 2,275,000
- Deposit, UAE resident (20%)
- AED 455,000
- Deposit, non-resident (40%)
- AED 910,000
- Monthly over 25 years at 3.7%
- AED 9,308
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →