1-bed · 891 sqftPaloma 3, Dubai Marina · 12th floor · completed 2008

1204, Paloma 3

Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1204 · DLD and Ejari recordsUpdated 24 January 2026
Last soldAED 833K15 August 2010
Current rentAED 110K /yr24 January 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1204, Paloma 3

What is 1204 worth today?

Last sold for AED 832,888 in 2010

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

24 Jan 2026RentedRenewal
AED 110,000/yr12 months · AED 123 per sqft
24 Jan 2025RentedRenewal
AED 105,000/yr12 months · AED 118 per sqft
24 Jan 2025RentedRenewal
AED 105,000/yr12 months · AED 118 per sqft
24 Jan 2024RentedRenewal
AED 99,750/yr12 months · AED 112 per sqft
24 Jan 2024RentedRenewal
AED 99,750/yr12 months · AED 112 per sqft
24 Jan 2023RentedNew contract
AED 95,000/yr12 months · AED 106 per sqft
22 Nov 2022RentedRenewal
AED 90,100/yr12 months · AED 101 per sqft
22 Nov 2021RentedNew contract
AED 85,000/yr12 months · AED 95 per sqft

Source: Dubai Land Department. Updated 24 January 2026.

Key facts

Type
1-bed apartment
Size
891 sqft
Floor
12th of 38
Parking
P1 - 1232
Developer
Emaar
Completed
2008
Service charge
AED 17,700 /yr
Last sold
AED 833K · August 2010
Building
Paloma 3

About 1204, Paloma 3

1204 is a one-bedroom apartment of 891 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 832,888, or AED 934 per sqft, 9% below the AED 1,028 one-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 14 Ejari contracts. The current contract, renewed on 24 January 2026, is AED 110,000 a year: a gross yield of 13.2% on the 2010 price, before the service charge of about AED 17,700 a year.

Sales and rents for 1204 over time

Sales
Unit 1204, each saleTypical one-bed in Paloma 3
1M2M2009201420192024Typical sale price by year: 2009 AED 909,013; 2010 AED 912,888; 2011 AED 1,133,000; 2012 AED 1,000,000; 2013 AED 1,325,000; 2014 AED 1,950,000; 2015 AED 1,675,000; 2017 AED 1,640,000; 2019 AED 950,000; 2020 AED 700,000; 2021 AED 1,400,000; 2022 AED 1,575,000; 2023 AED 1,865,000; 2024 AED 1,940,000; 2025 AED 2,050,000Sold by developer, August 2010: AED 832,888 (AED 934 per sqft)

1204 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1204, each contractTypical one-bed in Paloma 3
100K2012201620202024Typical rent by year: 2012 AED 97,500; 2013 AED 107,000; 2014 AED 117,750; 2015 AED 122,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 109,500; 2019 AED 96,500; 2020 AED 85,000; 2021 AED 84,500; 2022 AED 88,125; 2023 AED 95,000; 2024 AED 111,000; 2025 AED 110,000; 2026 AED 105,000New contract, December 2014: AED 135,000 a yearNew contract, September 2016: AED 125,000 a yearRenewal, September 2017: AED 120,000 a yearNew contract, October 2018: AED 95,000 a yearRenewal, October 2019: AED 90,000 a yearNew contract, October 2020: AED 75,000 a yearNew contract, November 2021: AED 85,000 a yearRenewal, November 2022: AED 90,100 a yearNew contract, January 2023: AED 95,000 a yearRenewal, January 2024: AED 99,750 a yearRenewal, January 2024: AED 99,750 a yearRenewal, January 2025: AED 105,000 a yearRenewal, January 2025: AED 105,000 a yearRenewal, January 2026: AED 110,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Paloma 3, and where 1204 sits

All 67 1-beds →

1204 last sold in August 2010 at AED 934 per sqft, 9% below what one-beds in Paloma 3 were fetching at the time (AED 1,028). Over the last 12 months one-beds sold for AED 2,150,000, around AED 2,075 per sqft, and rent for AED 80,000 to 140,000 a year. 1204's AED 110,000 is in the upper half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
6 Mar 20262,150,000
12 Aug 20252,075,000
7 May 20251,970,000
8 Apr 20252,300,000
1 1-bed sale 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
12032-bedAED 1.87M · Aug 2010
12051-bedAED 1.06M · Jun 2009

1204, Paloma 3 in numbers

  • Sold once: by Emaar on 15 August 2010 for AED 832,888, or AED 934 per sqft.
  • Rented since December 2014 on 14 Ejari contracts. The rent fell from AED 135,000 to AED 75,000 in 2020 and recovered to AED 110,000 by January 2026.
  • At AED 110,000 a year the gross yield on the 2010 price is 13.2%, before a service charge of about AED 17,700 a year (AED 19.81 per sqft).
  • One-beds in Paloma 3 sold for AED 2,150,000–2,150,000 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 January 2026.

Questions about 1204, Paloma 3

What did unit 1204 last sell for?

AED 832,888 on 15 August 2010, sold by the developer: AED 934 per sqft for 891 sqft. It is the only registered sale of the unit.

What is the rent for unit 1204?

AED 110,000 a year on the contract renewed on 24 January 2026. The previous contract, from January 2025, was AED 105,000; the unit has been rented since December 2014.

How big is unit 1204?

891 sqft (82.8 sqm): a one-bedroom apartment on the 12th floor of a 38-storey tower completed in 2008.

What is unit 1204 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Paloma 3 sold for AED 2,150,000 to 2,150,000 in the last 12 months, around AED 2,075 per sqft.

Selling 1204? 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.

How OpenOffers works

Mortgage on 1204, Paloma 3

Starts from the last sale price (AED 833K, 15 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 832,888
Deposit, UAE resident (20%)
AED 166,578
Deposit, non-resident (40%)
AED 333,155
Monthly over 25 years at 3.7%
AED 3,408

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