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3-bed · 2,098 sqftPaloma 3, Dubai Marina · 23rd floor · completed 2008

2302, Paloma 3

Sold prices and rental history: sold once, by the developer in August 2010, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2302 · DLD and Ejari recordsUpdated 16 August 2010
Last soldAED 2.36M16 August 2010
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 2302, Paloma 3

What is 2302 worth today?

Last sold for AED 2,359,888 in 2010

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16 Aug 2010Sold by developerReady
AED 2,359,888AED 1,124 per sqft

Source: Dubai Land Department. Updated 16 August 2010.

Key facts

Type
3-bed apartment
Size
2,098 sqft
Floor
23rd of 38
Parking
P4 - 4202, P4 - 4203
Developer
Emaar
Completed
2008
Service charge
AED 41,600 /yr
Last sold
AED 2.36M · August 2010
Building
Paloma 3

About 2302, Paloma 3

2302 is a three-bedroom apartment of 2,098 sqft on the 23rd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 16 August 2010 for AED 2,359,888, or AED 1,124 per sqft, in line with the AED 1,124 three-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2302 over time

Sales
Unit 2302, 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, August 2010: AED 2,359,888 (AED 1,124 per sqft)

2302 has sold once; the dashed line is the three-bed median of each year in the building.

Rents
Unit 2302, each contractTypical three-bed in Paloma 3
200K250K2012201620202024Typical 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 240,000

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 2302 sits

All 38 3-beds →

2302 last sold in August 2010 at AED 1,124 per sqft, in line with what three-beds in Paloma 3 were fetching at the time (AED 1,124). 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.

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 23rd floor

All 181 units in Paloma 3
Value
23012-bedAED 1.53M · Feb 2011
23032-bedAED 3.75M · Mar 2014
23041-bedAED 899K · Mar 2011
23051-bedAED 1.4M · Sep 2018

2302, Paloma 3 in numbers

  • Sold once: by Emaar on 16 August 2010 for AED 2,359,888, or AED 1,124 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 16 August 2010.

Questions about 2302, Paloma 3

What did unit 2302 last sell for?

AED 2,359,888 on 16 August 2010, sold by the developer: AED 1,124 per sqft for 2,098 sqft. It is the only registered sale of the unit.

How big is unit 2302?

2,098 sqft (194.9 sqm): a three-bedroom apartment on the 23rd floor of a 38-storey tower completed in 2008.

What is unit 2302 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 2302, Paloma 3

Starts from the last sale price (AED 2.36M, 16 August 2010). Switch to today's estimate once you have unlocked it.
Price
AED 2,359,888
Deposit, UAE resident (20%)
AED 471,978
Deposit, non-resident (40%)
AED 943,955
Monthly over 25 years at 3.7%
AED 9,655

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