2-bed · 1,664 sqftPaloma 3, Dubai Marina · 12th floor · completed 2008

1203, Paloma 3

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1203 · DLD and Ejari recordsUpdated 1 June 2026
Last soldAED 1.87M15 August 2010
Current rentAED 180K /yr1 June 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1203, Paloma 3

What is 1203 worth today?

Last sold for AED 1,874,888 in 2010

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1 Jun 2026RentedNew contract
AED 180,000/yr12 months · AED 108 per sqft
1 Nov 2024RentedRenewal
AED 195,000/yr12 months · AED 118 per sqft
1 Nov 2024RentedRenewal
AED 195,000/yr12 months · AED 118 per sqft
2 Nov 2023RentedRenewal
AED 195,000/yr12 months · AED 118 per sqft
2 Nov 2022RentedRenewal
AED 189,000/yr12 months · AED 114 per sqft
2 Nov 2021RentedRenewal
AED 180,000/yr12 months · AED 108 per sqft
2 Nov 2020RentedRenewal
AED 180,000/yr12 months · AED 108 per sqft
2 Nov 2019RentedRenewal
AED 180,000/yr12 months · AED 108 per sqft

Source: Dubai Land Department. Updated 1 June 2026.

Key facts

Type
2-bed apartment
Size
1,664 sqft
Floor
12th of 38
Parking
P1 - 1238
Developer
Emaar
Completed
2008
Service charge
AED 33,000 /yr
Last sold
AED 1.87M · August 2010
Building
Paloma 3

About 1203, Paloma 3

1203 is a two-bedroom apartment of 1,664 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 1,874,888, or AED 1,126 per sqft, in line with the AED 1,100 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 10 Ejari contracts. The current contract, signed on 1 June 2026, is AED 180,000 a year: a gross yield of 9.6% on the 2010 price, before the service charge of about AED 33,000 a year.

Sales and rents for 1203 over time

Sales
Unit 1203, each saleTypical two-bed in Paloma 3
2M3M4M2009201420192024Typical sale price by year: 2009 AED 1,544,388; 2010 AED 1,844,888; 2011 AED 1,868,888; 2012 AED 1,850,000; 2013 AED 2,664,000; 2014 AED 3,300,000; 2015 AED 1,850,061; 2016 AED 2,550,000; 2020 AED 2,050,000; 2021 AED 2,450,000; 2022 AED 3,000,000; 2023 AED 3,325,000; 2024 AED 3,650,000; 2025 AED 3,712,500; 2026 AED 3,700,000Sold by developer, August 2010: AED 1,874,888 (AED 1,126 per sqft)

1203 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1203, each contractTypical two-bed in Paloma 3
150K200K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 170,000; 2014 AED 171,250; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 179,759; 2018 AED 167,000; 2019 AED 150,000; 2020 AED 135,000; 2021 AED 127,728; 2022 AED 140,000; 2023 AED 155,000; 2024 AED 170,000; 2025 AED 175,000; 2026 AED 170,000New contract, November 2017: AED 179,501 a yearRenewal, November 2018: AED 180,000 a yearRenewal, November 2019: AED 180,000 a yearRenewal, November 2020: AED 180,000 a yearRenewal, November 2021: AED 180,000 a yearRenewal, November 2022: AED 189,000 a yearRenewal, November 2023: AED 195,000 a yearRenewal, November 2024: AED 195,000 a yearRenewal, November 2024: AED 195,000 a yearNew contract, June 2026: AED 180,000 a year

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 1203 sits

All 74 2-beds →

1203 last sold in August 2010 at AED 1,126 per sqft, in line with 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. 1203's AED 180,000 is in the upper half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 202613,934
14 Jul 20263,800,000
2 Jul 20263,700,000
2 Apr 20263,700,000
9 2-bed sales in the last 12 months

Paloma 3

Building

181 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%
Paloma 3, Dubai Marina: prices, sales and rents →

Other units on the 12th floor

All 181 units in Paloma 3
Value
12012-bedAED 1.44M · Aug 2010
12023-bedAED 2.95M · Jun 2012
12041-bedAED 833K · Aug 2010
12051-bedAED 1.06M · Jun 2009

1203, Paloma 3 in numbers

  • Sold once: by Emaar on 15 August 2010 for AED 1,874,888, or AED 1,126 per sqft.
  • Rented since November 2017 on 10 Ejari contracts, from AED 179,501 to AED 180,000 a year.
  • At AED 180,000 a year the gross yield on the 2010 price is 9.6%, 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 1 June 2026.

Questions about 1203, Paloma 3

What did unit 1203 last sell for?

AED 1,874,888 on 15 August 2010, sold by the developer: AED 1,126 per sqft for 1,664 sqft. It is the only registered sale of the unit.

What is the rent for unit 1203?

AED 180,000 a year on the contract signed on 1 June 2026. The previous contract, from November 2024, was AED 195,000; the unit has been rented since November 2017.

How big is unit 1203?

1,664 sqft (154.6 sqm): a two-bedroom apartment on the 12th floor of a 38-storey tower completed in 2008.

What is unit 1203 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 1203, Paloma 3

Starts from the last sale price (AED 1.87M, 15 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,874,888
Deposit, UAE resident (20%)
AED 374,978
Deposit, non-resident (40%)
AED 749,955
Monthly over 25 years at 3.7%
AED 7,671

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →