1-bed · 1,036 sqftPaloma 3, Dubai Marina · 16th floor · completed 2008

1605, Paloma 3

Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1605 · DLD and Ejari recordsUpdated 1 April 2026
Last soldAED 900K22 May 2019
Current rentAED 95K /yr1 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1605, Paloma 3

What is 1605 worth today?

Last sold for AED 900,000 in 2019

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1 Apr 2026RentedRenewal
AED 94,500/yr12 months · AED 91 per sqft
1 Apr 2025RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
1 Apr 2025RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
1 Apr 2024RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
1 Apr 2024RentedRenewal
AED 90,000/yr12 months · AED 87 per sqft
1 Apr 2023RentedRenewal
AED 81,375/yr12 months · AED 79 per sqft
1 Apr 2022RentedRenewal
AED 77,500/yr12 months · AED 75 per sqft
1 Apr 2021RentedNew contract
AED 75,000/yr12 months · AED 72 per sqft

Source: Dubai Land Department. Updated 1 April 2026.

Key facts

Type
1-bed apartment
Size
1,036 sqft
Floor
16th of 38
Parking
P2 - 2306
Developer
Emaar
Completed
2008
Service charge
AED 20,500 /yr
Last sold
AED 900K · May 2019
Building
Paloma 3

About 1605, Paloma 3

1605 is a one-bedroom apartment of 1,036 sqft on the 16th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 22 May 2019 for AED 900,000, or AED 868 per sqft, in line with the AED 868 one-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 13 Ejari contracts. The current contract, renewed on 1 April 2026, is AED 94,500 a year: a gross yield of 10.5% on the 2019 price, before the service charge of about AED 20,500 a year.

Sales and rents for 1605 over time

Sales
Unit 1605, 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 874,888 (AED 844 per sqft)Sold, May 2019: AED 900,000 (AED 868 per sqft)

1605 has sold twice; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1605, each contractTypical one-bed in Paloma 3
75K100K125K2012201620202024Typical 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, November 2012: AED 95,000 a yearNew contract, November 2013: AED 95,000 a yearRenewal, November 2014: AED 95,000 a yearNew contract, November 2016: AED 95,000 a yearNew contract, November 2019: AED 85,000 a yearNew contract, April 2021: AED 75,000 a yearRenewal, April 2022: AED 77,500 a yearRenewal, April 2023: AED 81,375 a yearRenewal, April 2024: AED 90,000 a yearRenewal, April 2024: AED 90,000 a yearRenewal, April 2025: AED 90,000 a yearRenewal, April 2025: AED 90,000 a yearRenewal, April 2026: AED 94,500 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 1605 sits

All 67 1-beds →

1605 last sold in May 2019 at AED 868 per sqft, in line with what one-beds in Paloma 3 were fetching at the time (AED 868). 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. 1605's AED 94,500 is in the lower 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 16th floor

All 181 units in Paloma 3
Value
16012-bedAED 692K · Jul 2010
16023-bedAED 3M · May 2021
16032-bedAED 4.35M · Jan 2024
16041-bedAED 2.05M · Jan 2025

1605, Paloma 3 in numbers

  • Sold twice: first on 16 August 2010 for AED 874,888, last on 22 May 2019 for AED 900,000 (AED 868 per sqft).
  • Rented since November 2012 on 13 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2021 and recovered to AED 94,500 by April 2026.
  • At AED 94,500 a year the gross yield on the 2019 price is 10.5%, before a service charge of about AED 20,500 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 1 April 2026.

Questions about 1605, Paloma 3

What did unit 1605 last sell for?

AED 900,000 on 22 May 2019: AED 868 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 874,888 in August 2010.

What is the rent for unit 1605?

AED 94,500 a year on the contract renewed on 1 April 2026. The previous contract, from April 2025, was AED 90,000; the unit has been rented since November 2012.

How big is unit 1605?

1,036 sqft (96.2 sqm): a one-bedroom apartment on the 16th floor of a 38-storey tower completed in 2008.

What is unit 1605 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.

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Mortgage on 1605, Paloma 3

Starts from the last sale price (AED 900K, 22 May 2019). Switch to today's estimate once you have unlocked it.
Price
AED 900,000
Deposit, UAE resident (20%)
AED 180,000
Deposit, non-resident (40%)
AED 360,000
Monthly over 25 years at 3.7%
AED 3,682

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