1201, Paloma 3
Sold prices and rental history: sold once, by the developer in August 2010, 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 1201, Paloma 3
What is 1201 worth today?
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Source: Dubai Land Department. Updated 28 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,443 sqft
- Floor
- 12th of 38
- Parking
- P2 - 2295
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 1.44M · August 2010
- Building
- Paloma 3
About 1201, Paloma 3
1201 is a two-bedroom apartment of 1,443 sqft on the 12th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 15 August 2010 for AED 1,437,888, or AED 996 per sqft, 9% below the AED 1,100 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 14 Ejari contracts. The current contract, signed on 28 November 2024, is AED 100,000 a year: a gross yield of 7.0% on the 2010 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1201 over time
1201 has sold once; 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 1201 sits
All 74 2-beds →1201 last sold in August 2010 at AED 996 per sqft, 9% below what two-beds in Paloma 3 were fetching at the time (AED 1,100). 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. 1201's AED 100,000 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 12th floor
All 181 units in Paloma 31201, Paloma 3 in numbers
- Sold once: by Emaar on 15 August 2010 for AED 1,437,888, or AED 996 per sqft.
- Rented since January 2013 on 14 Ejari contracts. The rent fell from AED 142,000 to AED 30,000 in 2024 and recovered to AED 100,000 by November 2024.
- At AED 100,000 a year the gross yield on the 2010 price is 7.0%, 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 28 November 2024.
Questions about 1201, Paloma 3
What did unit 1201 last sell for?
AED 1,437,888 on 15 August 2010, sold by the developer: AED 996 per sqft for 1,443 sqft. It is the only registered sale of the unit.
What is the rent for unit 1201?
AED 100,000 a year on the contract signed on 28 November 2024. The previous contract, from November 2024, was AED 100,000; the unit has been rented since January 2013.
How big is unit 1201?
1,443 sqft (134.1 sqm): a two-bedroom apartment on the 12th floor of a 38-storey tower completed in 2008.
What is unit 1201 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 1201, Paloma 3
Starts from the last sale price (AED 1.44M, 15 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,437,888
- Deposit, UAE resident (20%)
- AED 287,578
- Deposit, non-resident (40%)
- AED 575,155
- Monthly over 25 years at 3.7%
- AED 5,883
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →