3-bed · 2,098 sqftPaloma 3, Dubai Marina · 18th floor · completed 2008

1802, Paloma 3

Sold prices and rental history: sold once, by the developer in July 2013, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1802 · DLD and Ejari recordsUpdated 20 June 2023
Last soldAED 2.26M28 July 2013
Current rentAED 30K /yr20 June 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1802, Paloma 3

What is 1802 worth today?

Last sold for AED 2,259,991 in 2013

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20 Jun 2023RentedNew contract · flagged as an outlier
AED 30,000/yr60 months · AED 14 per sqft
20 Jun 2022RentedRenewal
AED 150,000/yr12 months · AED 71 per sqft
20 Jun 2021RentedRenewal
AED 150,000/yr12 months · AED 71 per sqft
20 Jun 2020RentedRenewal
AED 165,000/yr12 months · AED 79 per sqft
20 Jun 2019RentedRenewal
AED 185,000/yr12 months · AED 88 per sqft
20 Jun 2018RentedRenewal
AED 185,000/yr12 months · AED 88 per sqft
20 Jun 2017RentedNew contract
AED 185,000/yr12 months · AED 88 per sqft
25 Feb 2016RentedNew contract
AED 235,000/yr12 months · AED 112 per sqft

Source: Dubai Land Department. Updated 20 June 2023.

Key facts

Type
3-bed apartment
Size
2,098 sqft
Floor
18th of 38
Parking
P4 - 4138, P4 - 4139
Developer
Emaar
Completed
2008
Service charge
AED 41,600 /yr
Last sold
AED 2.26M · July 2013
Building
Paloma 3

About 1802, Paloma 3

1802 is a three-bedroom apartment of 2,098 sqft on the 18th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 28 July 2013 for AED 2,259,991, or AED 1,077 per sqft, in line with the AED 1,082 three-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 20 June 2023, is AED 30,000 a year: a gross yield of 1.3% on the 2013 price, before the service charge of about AED 41,600 a year.

Sales and rents for 1802 over time

Sales
Unit 1802, 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, July 2013: AED 2,259,991 (AED 1,077 per sqft)

1802 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 1802, each contractTypical three-bed in Paloma 3
150K200K250K2012201620202024Typical 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, March 2014: AED 150,000 a yearNew contract, March 2015: AED 150,000 a yearNew contract, February 2016: AED 235,000 a yearNew contract, June 2017: AED 185,000 a yearRenewal, June 2018: AED 185,000 a yearRenewal, June 2019: AED 185,000 a yearRenewal, June 2020: AED 165,000 a yearRenewal, June 2021: AED 150,000 a yearRenewal, June 2022: AED 150,000 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 1802 sits

All 38 3-beds →

1802 last sold in July 2013 at AED 1,077 per sqft, in line with what three-beds in Paloma 3 were fetching at the time (AED 1,082). 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. 1802's AED 30,000 is at the bottom 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 18th floor

All 181 units in Paloma 3
Value
18012-bedAED 2.55M · Aug 2017
18032-bedAED 4.1M · Mar 2025
18041-bedAED 1.61M · Sep 2022
18051-bedAED 913K · Aug 2010

1802, Paloma 3 in numbers

  • Sold once: by Emaar on 28 July 2013 for AED 2,259,991, or AED 1,077 per sqft.
  • Rented since March 2014 on 10 Ejari contracts, from AED 150,000 to AED 30,000 a year.
  • At AED 30,000 a year the gross yield on the 2013 price is 1.3%, 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 20 June 2023.

Questions about 1802, Paloma 3

What did unit 1802 last sell for?

AED 2,259,991 on 28 July 2013, sold by the developer: AED 1,077 per sqft for 2,098 sqft. It is the only registered sale of the unit.

What is the rent for unit 1802?

AED 30,000 a year on the contract signed on 20 June 2023. The previous contract, from June 2022, was AED 150,000; the unit has been rented since March 2014.

How big is unit 1802?

2,098 sqft (194.9 sqm): a three-bedroom apartment on the 18th floor of a 38-storey tower completed in 2008.

What is unit 1802 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 1802, Paloma 3

Starts from the last sale price (AED 2.26M, 28 July 2013). Switch to today's estimate once you have unlocked it.
Price
AED 2,259,991
Deposit, UAE resident (20%)
AED 451,998
Deposit, non-resident (40%)
AED 903,996
Monthly over 25 years at 3.7%
AED 9,246

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