2304, Paloma 3
Sold prices and rental history: sold once, by the developer in March 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2304, Paloma 3
What is 2304 worth today?
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Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 891 sqft
- Floor
- 23rd of 38
- Parking
- P2 - 2267
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,700 /yr
- Last sold
- AED 899K · March 2011
- Building
- Paloma 3
About 2304, Paloma 3
2304 is a one-bedroom apartment of 891 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 29 March 2011 for AED 898,888, or AED 1,008 per sqft, in line with the AED 979 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 91,350 a year: a gross yield of 10.2% on the 2011 price, before the service charge of about AED 17,700 a year.
Sales and rents for 2304 over time
2304 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 2304 sits
All 67 1-beds →2304 last sold in March 2011 at AED 1,008 per sqft, in line with what one-beds in Paloma 3 were fetching at the time (AED 979). 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. 2304's AED 91,350 is in the lower 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 23rd floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,443 sqft | AED 1.53MAED 1,531,888 · Feb 2011February 2011 | 210,000 /yr | |
| 2302 | 3-bed | 2,098 sqft | AED 2.36MAED 2,359,888 · Aug 2010August 2010 | ||
| 2303 | 2-bed | 1,664 sqft | AED 3.75MAED 3,750,000 · Mar 2014March 2014 | 200,000 /yr | |
| 2305 | 1-bed | 1,036 sqft | AED 1.4MAED 1,400,000 · Sep 2018September 2018 | 117,500 /yr |
2304, Paloma 3 in numbers
- Sold once: by Emaar on 29 March 2011 for AED 898,888, or AED 1,008 per sqft.
- Rented since May 2013 on 13 Ejari contracts, from AED 115,000 to AED 91,350 a year.
- At AED 91,350 a year the gross yield on the 2011 price is 10.2%, 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 1 February 2025.
Questions about 2304, Paloma 3
What did unit 2304 last sell for?
AED 898,888 on 29 March 2011, sold by the developer: AED 1,008 per sqft for 891 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 91,350 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 87,000; the unit has been rented since May 2013.
How big is unit 2304?
891 sqft (82.8 sqm): a one-bedroom apartment on the 23rd floor of a 38-storey tower completed in 2008.
What is unit 2304 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 2304, Paloma 3
Starts from the last sale price (AED 899K, 29 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 898,888
- Deposit, UAE resident (20%)
- AED 179,778
- Deposit, non-resident (40%)
- AED 359,555
- Monthly over 25 years at 3.7%
- AED 3,678
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →