2-bed · 2,051 sqftPaloma 3, Dubai Marina · 2nd floor · completed 2008

201, Paloma 3

Sold prices and rental history: sold once, by the developer in October 2016, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 201 · DLD and Ejari recordsUpdated 6 October 2016
Last soldAED 2.7M6 October 2016
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 201, Paloma 3

What is 201 worth today?

Last sold for AED 2,700,000 in 2016

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6 Oct 2016Sold by developerReady
AED 2,700,000AED 1,316 per sqft

Source: Dubai Land Department. Updated 6 October 2016.

Key facts

Type
2-bed apartment
Size
2,051 sqft
Floor
2nd of 38
Parking
P2 - 2254
Developer
Emaar
Completed
2008
Service charge
AED 40,600 /yr
Last sold
AED 2.7M · October 2016
Building
Paloma 3

About 201, Paloma 3

201 is a two-bedroom apartment of 2,051 sqft on the 2nd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 6 October 2016 for AED 2,700,000, or AED 1,316 per sqft, 26% below the AED 1,767 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 201 over time

Sales
Unit 201, each saleTypical two-bed in Paloma 3
2M3M4M2009201420192024Typical sale price by year: 2009 AED 1,544,388; 2010 AED 1,844,888; 2011 AED 1,868,888; 2012 AED 1,850,000; 2013 AED 2,664,000; 2014 AED 3,300,000; 2015 AED 1,850,061; 2016 AED 2,550,000; 2020 AED 2,050,000; 2021 AED 2,450,000; 2022 AED 3,000,000; 2023 AED 3,325,000; 2024 AED 3,650,000; 2025 AED 3,712,500; 2026 AED 3,700,000Sold by developer, October 2016: AED 2,700,000 (AED 1,316 per sqft)

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

Rents
Unit 201, each contractTypical two-bed in Paloma 3
125K150K175K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 170,000; 2014 AED 171,250; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 179,759; 2018 AED 167,000; 2019 AED 150,000; 2020 AED 135,000; 2021 AED 127,728; 2022 AED 140,000; 2023 AED 155,000; 2024 AED 170,000; 2025 AED 175,000; 2026 AED 170,000

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 201 sits

All 74 2-beds →

201 last sold in October 2016 at AED 1,316 per sqft, 26% below what two-beds in Paloma 3 were fetching at the time (AED 1,767). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 202613,934
14 Jul 20263,800,000
2 Jul 20263,700,000
2 Apr 20263,700,000
9 2-bed sales 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 2nd floor

All 181 units in Paloma 3
Value
2023-bedAED 2.9M · Jun 2021
2032-bedNo registered sale
2042-bedAED 2.8M · Jan 2023

201, Paloma 3 in numbers

  • Sold once: by Emaar on 6 October 2016 for AED 2,700,000, or AED 1,316 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 6 October 2016.

Questions about 201, Paloma 3

What did unit 201 last sell for?

AED 2,700,000 on 6 October 2016, sold by the developer: AED 1,316 per sqft for 2,051 sqft. It is the only registered sale of the unit.

How big is unit 201?

2,051 sqft (190.5 sqm): a two-bedroom apartment on the 2nd floor of a 38-storey tower completed in 2008.

What is unit 201 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 201, Paloma 3

Starts from the last sale price (AED 2.7M, 6 October 2016). Switch to today's estimate once you have unlocked it.
Price
AED 2,700,000
Deposit, UAE resident (20%)
AED 540,000
Deposit, non-resident (40%)
AED 1,080,000
Monthly over 25 years at 3.7%
AED 11,047

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