1301, Paloma 3
Sold prices and rental history: sold 3 times, last in December 2021, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1301, Paloma 3
What is 1301 worth today?
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Source: Dubai Land Department. Updated 14 December 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,443 sqft
- Floor
- 13th of 38
- Parking
- P2 - 2294
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 2.4M · December 2021
- Building
- Paloma 3
About 1301, Paloma 3
1301 is a two-bedroom apartment of 1,443 sqft on the 13th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 14 December 2021 for AED 2,400,000, or AED 1,663 per sqft, 11% above the AED 1,502 two-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 7 Ejari contracts. The current contract, renewed on 12 December 2020, is AED 105,292 a year: a gross yield of 4.4% on the 2021 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1301 over time
1301 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 1301 sits
All 74 2-beds →1301 last sold in December 2021 at AED 1,663 per sqft, 11% above what two-beds in Paloma 3 were fetching at the time (AED 1,502). 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. 1301's AED 105,292 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 13th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1302 | 3-bed | 2,098 sqft | AED 2.23MAED 2,230,892 · Aug 2010August 2010 | 240,000 /yr | |
| 1303 | 2-bed | 1,664 sqft | AED 940KAED 940,444 · Aug 2011August 2011 | 150,150 /yr | |
| 1304 | 1-bed | 891 sqft | AED 2.03MAED 2,025,000 · Jul 2024July 2024 | 80,000 /yr | |
| 1305 | 1-bed | 1,036 sqft | AED 860KAED 859,888 · Aug 2010August 2010 | 100,000 /yr |
1301, Paloma 3 in numbers
- Sold 3 times: first on 7 June 2009 for AED 1,445,888, last on 14 December 2021 for AED 2,400,000 (AED 1,663 per sqft).
- Rented since May 2015 on 7 Ejari contracts, from AED 190,000 to AED 105,292 a year.
- At AED 105,292 a year the gross yield on the 2021 price is 4.4%, 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 14 December 2021.
Questions about 1301, Paloma 3
What did unit 1301 last sell for?
AED 2,400,000 on 14 December 2021: AED 1,663 per sqft for 1,443 sqft. The unit has 3 registered sales; the first was AED 1,445,888 in June 2009.
What is the rent for unit 1301?
AED 105,292 a year on the contract renewed on 12 December 2020. The previous contract, from December 2019, was AED 130,000; the unit has been rented since May 2015.
How big is unit 1301?
1,443 sqft (134.1 sqm): a two-bedroom apartment on the 13th floor of a 38-storey tower completed in 2008.
What is unit 1301 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 1301, Paloma 3
Starts from the last sale price (AED 2.4M, 14 December 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 2,400,000
- Deposit, UAE resident (20%)
- AED 480,000
- Deposit, non-resident (40%)
- AED 960,000
- Monthly over 25 years at 3.7%
- AED 9,819
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →