1704, Paloma 3
Sold prices and rental history: sold once, by the developer in May 2010, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1704, Paloma 3
What is 1704 worth today?
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Source: Dubai Land Department. Updated 15 November 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 891 sqft
- Floor
- 17th of 38
- Parking
- P1 - 1203
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,700 /yr
- Last sold
- AED 431K · May 2010
- Building
- Paloma 3
About 1704, Paloma 3
1704 is a one-bedroom apartment of 891 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 13 May 2010 for AED 431,444, or AED 484 per sqft, 52% below the AED 1,018 one-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 10 Ejari contracts. The current contract, signed on 15 November 2022, is AED 120,000 a year: a gross yield of 27.8% on the 2010 price, before the service charge of about AED 17,700 a year.
Sales and rents for 1704 over time
1704 has sold once; the dashed line is the one-bed median of each year in the building.
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 1704 sits
All 67 1-beds →1704 last sold in May 2010 at AED 484 per sqft, 52% below what one-beds in Paloma 3 were fetching at the time (AED 1,018). 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. 1704's AED 120,000 is in the upper half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Mar 20266 March 2026 | 1,036 sqft | 2,150,000 | 2,075 | ||
| 12 Aug 202512 August 2025 | 891 sqft | 2,075,000 | 2,328 | ||
| 7 May 20257 May 2025 | 1,036 sqft | 1,970,000 | 1,901 | ||
| 8 Apr 20258 April 2025 | 891 sqft | 2,300,000 | 2,581 |
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 17th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1701 | 2-bed | 1,443 sqft | AED 2.45MAED 2,450,000 · Oct 2013October 2013 | ||
| 1702 | 3-bed | 2,098 sqft | AED 2.32MAED 2,323,888 · Mar 2010March 2010 | 250,000 /yr | |
| 1703 | 2-bed | 1,664 sqft | AED 2.68MAED 2,680,000 · Oct 2018October 2018 | 170,000 /yr | |
| 1705 | 1-bed | 1,036 sqft | AED 1.92MAED 1,915,000 · Mar 2025March 2025 | 130,000 /yr |
1704, Paloma 3 in numbers
- Sold once: by Emaar on 13 May 2010 for AED 431,444, or AED 484 per sqft.
- Rented since January 2014 on 10 Ejari contracts. The rent fell from AED 135,000 to AED 90,000 in 2020 and recovered to AED 120,000 by November 2022.
- At AED 120,000 a year the gross yield on the 2010 price is 27.8%, 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 15 November 2022.
Questions about 1704, Paloma 3
What did unit 1704 last sell for?
AED 431,444 on 13 May 2010, sold by the developer: AED 484 per sqft for 891 sqft. It is the only registered sale of the unit.
What is the rent for unit 1704?
AED 120,000 a year on the contract signed on 15 November 2022. The previous contract, from April 2022, was AED 105,000; the unit has been rented since January 2014.
How big is unit 1704?
891 sqft (82.8 sqm): a one-bedroom apartment on the 17th floor of a 38-storey tower completed in 2008.
What is unit 1704 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 1704, Paloma 3
Starts from the last sale price (AED 431K, 13 May 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 431,444
- Deposit, UAE resident (20%)
- AED 86,289
- Deposit, non-resident (40%)
- AED 172,578
- Monthly over 25 years at 3.7%
- AED 1,765
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →