1601, Paloma 3
Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1601, Paloma 3
What is 1601 worth today?
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Source: Dubai Land Department. Updated 12 February 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 1,443 sqft
- Floor
- 16th of 38
- Parking
- P2 - 2311
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 28,600 /yr
- Last sold
- AED 692K · July 2010
- Building
- Paloma 3
About 1601, Paloma 3
1601 is a two-bedroom apartment of 1,443 sqft on the 16th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 12 July 2010 for AED 692,444, or AED 479 per sqft, 56% below the AED 1,096 two-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 15 Ejari contracts. The current contract, signed on 12 February 2026, is AED 150,000 a year: a gross yield of 21.7% on the 2010 price, before the service charge of about AED 28,600 a year.
Sales and rents for 1601 over time
1601 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 1601 sits
All 74 2-beds →1601 last sold in July 2010 at AED 479 per sqft, 56% below what two-beds in Paloma 3 were fetching at the time (AED 1,096). 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. 1601's AED 150,000 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 16th floor
All 181 units in Paloma 31601, Paloma 3 in numbers
- Sold once: by Emaar on 12 July 2010 for AED 692,444, or AED 479 per sqft.
- Rented since June 2012 on 15 Ejari contracts, from AED 145,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2010 price is 21.7%, 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 12 February 2026.
Questions about 1601, Paloma 3
What did unit 1601 last sell for?
AED 692,444 on 12 July 2010, sold by the developer: AED 479 per sqft for 1,443 sqft. It is the only registered sale of the unit.
What is the rent for unit 1601?
AED 150,000 a year on the contract signed on 12 February 2026. The previous contract, from October 2024, was AED 165,000; the unit has been rented since June 2012.
How big is unit 1601?
1,443 sqft (134.1 sqm): a two-bedroom apartment on the 16th floor of a 38-storey tower completed in 2008.
What is unit 1601 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 1601, Paloma 3
Starts from the last sale price (AED 692K, 12 July 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 692,444
- Deposit, UAE resident (20%)
- AED 138,489
- Deposit, non-resident (40%)
- AED 276,978
- Monthly over 25 years at 3.7%
- AED 2,833
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →