3-bed · 2,098 sqftPaloma 3, Dubai Marina · 17th floor · completed 2008

1702, Paloma 3

Sold prices and rental history: sold once, by the developer in March 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1702 · DLD and Ejari recordsUpdated 14 February 2025
Last soldAED 2.32M11 March 2010
Current rentAED 250K /yr14 February 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1702, Paloma 3

What is 1702 worth today?

Last sold for AED 2,323,888 in 2010

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14 Feb 2025RentedRenewal
AED 250,000/yr12 months · AED 120 per sqft
14 Feb 2025RentedRenewal
AED 250,000/yr12 months · AED 120 per sqft
14 Feb 2024RentedRenewal
AED 250,000/yr12 months · AED 119 per sqft
14 Feb 2024RentedRenewal
AED 250,000/yr12 months · AED 119 per sqft
14 Feb 2023RentedNew contract
AED 250,000/yr12 months · AED 119 per sqft
15 Jun 2022RentedRenewal
AED 198,452/yr8 months · AED 95 per sqft
15 Jun 2021RentedRenewal
AED 199,000/yr12 months · AED 95 per sqft
15 Jun 2020RentedRenewal
AED 220,000/yr12 months · AED 105 per sqft

Source: Dubai Land Department. Updated 14 February 2025.

Key facts

Type
3-bed apartment
Size
2,098 sqft
Floor
17th of 38
Parking
P4 - 4140, P4 - 4141
Developer
Emaar
Completed
2008
Service charge
AED 41,600 /yr
Last sold
AED 2.32M · March 2010
Building
Paloma 3

About 1702, Paloma 3

1702 is a three-bedroom apartment of 2,098 sqft on the 17th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 11 March 2010 for AED 2,323,888, or AED 1,107 per sqft, 5% below the AED 1,167 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 15 Ejari contracts. The current contract, renewed on 14 February 2025, is AED 250,000 a year: a gross yield of 10.8% on the 2010 price, before the service charge of about AED 41,600 a year.

Sales and rents for 1702 over time

Sales
Unit 1702, each saleTypical three-bed in Paloma 3
2M4M20092013201720212025Typical sale price by year: 2009 AED 2,450,000; 2010 AED 2,323,888; 2011 AED 2,407,944; 2012 AED 2,900,000; 2013 AED 3,500,000; 2014 AED 4,600,000; 2015 AED 2,306,552; 2021 AED 2,900,000; 2022 AED 3,775,000; 2023 AED 3,900,000; 2024 AED 4,150,000Sold by developer, March 2010: AED 2,323,888 (AED 1,107 per sqft)

1702 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1702, each contractTypical three-bed in Paloma 3
100K200K2012201620202024Typical rent by year: 2012 AED 200,000; 2013 AED 220,000; 2014 AED 250,000; 2015 AED 230,000; 2016 AED 235,000; 2017 AED 230,000; 2018 AED 207,500; 2019 AED 190,000; 2020 AED 176,000; 2021 AED 165,313; 2022 AED 185,000; 2023 AED 220,000; 2024 AED 220,000; 2025 AED 240,000; 2026 AED 240,000New contract, February 2013: AED 91,875 a yearNew contract, June 2014: AED 250,000 a yearNew contract, June 2015: AED 250,000 a yearRenewal, June 2016: AED 250,000 a yearNew contract, June 2017: AED 220,000 a yearRenewal, June 2018: AED 220,000 a yearRenewal, June 2019: AED 220,000 a yearRenewal, June 2020: AED 220,000 a yearRenewal, June 2021: AED 199,000 a yearRenewal, June 2022: AED 198,452 a yearNew contract, February 2023: AED 250,000 a yearRenewal, February 2024: AED 250,000 a yearRenewal, February 2024: AED 250,000 a yearRenewal, February 2025: AED 250,000 a yearRenewal, February 2025: AED 250,000 a year

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

3-beds in Paloma 3, and where 1702 sits

All 38 3-beds →

1702 last sold in March 2010 at AED 1,107 per sqft, 5% below what three-beds in Paloma 3 were fetching at the time (AED 1,167). Over the last 12 months three-beds sold for AED 4,999,999, around AED 2,383 per sqft, and rent for AED 220,000 to 300,000 a year. 1702's AED 250,000 is in the lower half of that range.

Recent 3-bed salesUnit no.Price (AED)Summary
26 Dec 20254,999,999
15 Apr 20255,500,000
6 Sep 20245,500,000
2 Jul 20241,850,000
1 3-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 17th floor

All 181 units in Paloma 3
Value
17012-bedAED 2.45M · Oct 2013
17032-bedAED 2.68M · Oct 2018
17041-bedAED 431K · May 2010
17051-bedAED 1.92M · Mar 2025

1702, Paloma 3 in numbers

  • Sold once: by Emaar on 11 March 2010 for AED 2,323,888, or AED 1,107 per sqft.
  • Rented since February 2013 on 15 Ejari contracts, from AED 91,875 to AED 250,000 a year.
  • At AED 250,000 a year the gross yield on the 2010 price is 10.8%, before a service charge of about AED 41,600 a year (AED 19.81 per sqft).
  • Three-beds in Paloma 3 sold for AED 4,999,999–4,999,999 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 February 2025.

Questions about 1702, Paloma 3

What did unit 1702 last sell for?

AED 2,323,888 on 11 March 2010, sold by the developer: AED 1,107 per sqft for 2,098 sqft. It is the only registered sale of the unit.

What is the rent for unit 1702?

AED 250,000 a year on the contract renewed on 14 February 2025. The previous contract, from February 2025, was AED 250,000; the unit has been rented since February 2013.

How big is unit 1702?

2,098 sqft (194.9 sqm): a three-bedroom apartment on the 17th floor of a 38-storey tower completed in 2008.

What is unit 1702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Paloma 3 sold for AED 4,999,999 to 4,999,999 in the last 12 months, around AED 2,383 per sqft.

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Mortgage on 1702, Paloma 3

Starts from the last sale price (AED 2.32M, 11 March 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,323,888
Deposit, UAE resident (20%)
AED 464,778
Deposit, non-resident (40%)
AED 929,555
Monthly over 25 years at 3.7%
AED 9,508

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