204, Paloma 3
Sold prices and rental history: sold 5 times, last in January 2023, and rented since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 204, Paloma 3
What is 204 worth today?
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Source: Dubai Land Department. Updated 2 January 2023.
Key facts
- Type
- 2-bed apartment
- Size
- 2,957 sqft
- Floor
- 2nd of 38
- Parking
- P2 - 2277
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 58,600 /yr
- Last sold
- AED 2.8M · January 2023
- Building
- Paloma 3
About 204, Paloma 3
204 is a two-bedroom apartment of 2,957 sqft on the 2nd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 2 January 2023 for AED 2,800,000, or AED 946 per sqft, 48% below the AED 1,802 two-beds in the building were fetching at the time.
It has been rented since 2015 on 2 Ejari contracts. The current contract, signed on 1 April 2021, is AED 145,000 a year: a gross yield of 5.2% on the 2023 price, before the service charge of about AED 58,600 a year.
Sales and rents for 204 over time
204 has sold 5 times; the dashed line is the two-bed median of each year in the building.
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 204 sits
All 74 2-beds →204 last sold in January 2023 at AED 946 per sqft, 48% below what two-beds in Paloma 3 were fetching at the time (AED 1,802). 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. 204's AED 145,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 24 Jul 202624 July 2026 | 1,443 sqft | 13,934 | 9 | ||
| 14 Jul 202614 July 2026 | 1,664 sqft | 3,800,000 | 2,283 | ||
| 2 Jul 20262 July 2026 | 1,443 sqft | 3,700,000 | 2,564 | ||
| 2 Apr 20262 April 2026 | 1,627 sqft | 3,700,000 | 2,274 |
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 2nd floor
All 181 units in Paloma 3204, Paloma 3 in numbers
- Sold 5 times: first on 15 June 2015 for AED 1,750,000, last on 2 January 2023 for AED 2,800,000 (AED 946 per sqft).
- Rented since January 2015 on 2 Ejari contracts, from AED 190,000 to AED 145,000 a year.
- At AED 145,000 a year the gross yield on the 2023 price is 5.2%, before a service charge of about AED 58,600 a year (AED 19.81 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 2 January 2023.
Questions about 204, Paloma 3
What did unit 204 last sell for?
AED 2,800,000 on 2 January 2023: AED 946 per sqft for 2,957 sqft. The unit has 5 registered sales; the first was AED 1,750,000 in June 2015.
What is the rent for unit 204?
AED 145,000 a year on the contract signed on 1 April 2021. The previous contract, from January 2015, was AED 190,000.
How big is unit 204?
2,957 sqft (274.7 sqm): a two-bedroom apartment on the 2nd floor of a 38-storey tower completed in 2008.
What is unit 204 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 204, Paloma 3
Starts from the last sale price (AED 2.8M, 2 January 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →