2702, Paloma 3
Sold prices and rental history: sold 3 times, last in April 2023, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2702, Paloma 3
What is 2702 worth today?
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Source: Dubai Land Department. Updated 17 April 2023.
Key facts
- Type
- 3-bed apartment
- Size
- 2,098 sqft
- Floor
- 27th of 38
- Parking
- P3 - 3165, P3 - 3166
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 41,600 /yr
- Last sold
- AED 3.9M · April 2023
- Building
- Paloma 3
About 2702, Paloma 3
2702 is a three-bedroom apartment of 2,098 sqft on the 27th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 17 April 2023 for AED 3,900,000, or AED 1,858 per sqft, in line with the AED 1,870 three-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 6 Ejari contracts. The current contract, renewed on 1 January 2022, is AED 150,000 a year: a gross yield of 3.9% on the 2023 price, before the service charge of about AED 41,600 a year.
Sales and rents for 2702 over time
2702 has sold 3 times; the dashed line is the three-bed median of each year in the building.
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 2702 sits
All 38 3-beds →2702 last sold in April 2023 at AED 1,858 per sqft, in line with what three-beds in Paloma 3 were fetching at the time (AED 1,870). 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. 2702's AED 150,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 Dec 202526 December 2025 | 2,098 sqft | 4,999,999 | 2,383 | ||
| 15 Apr 202515 April 2025 | 2,098 sqft | 5,500,000 | 2,621 | ||
| 6 Sep 20246 September 2024 | 2,098 sqft | 5,500,000 | 2,621 | ||
| 2 Jul 20242 July 2024 | 1,049 sqft | 1,850,000 | 1,763 |
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 27th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2701 | 2-bed | 1,443 sqft | AED 2.03MAED 2,025,000 · Jul 2021July 2021 | 195,000 /yr | |
| 2703 | 2-bed | 1,664 sqft | AED 1.7MAED 1,700,000 · Jul 2010July 2010 | 200,000 /yr | |
| 2704 | 1-bed | 891 sqft | AED 923KAED 922,888 · Dec 2009December 2009 | 110,000 /yr | |
| 2705 | 1-bed | 1,036 sqft | AED 930KAED 929,888 · Aug 2010August 2010 | 95,000 /yr |
2702, Paloma 3 in numbers
- Sold 3 times: first on 16 September 2009 for AED 4,300,000, last on 17 April 2023 for AED 3,900,000 (AED 1,858 per sqft).
- Rented since February 2015 on 6 Ejari contracts, from AED 220,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2023 price is 3.9%, 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 17 April 2023.
Questions about 2702, Paloma 3
What did unit 2702 last sell for?
AED 3,900,000 on 17 April 2023: AED 1,858 per sqft for 2,098 sqft. The unit has 3 registered sales; the first was AED 4,300,000 in September 2009.
What is the rent for unit 2702?
AED 150,000 a year on the contract renewed on 1 January 2022. The previous contract, from January 2021, was AED 150,000; the unit has been rented since February 2015.
How big is unit 2702?
2,098 sqft (194.9 sqm): a three-bedroom apartment on the 27th floor of a 38-storey tower completed in 2008.
What is unit 2702 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 2702, Paloma 3
Starts from the last sale price (AED 3.9M, 17 April 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 3,900,000
- Deposit, UAE resident (20%)
- AED 780,000
- Deposit, non-resident (40%)
- AED 1,560,000
- Monthly over 25 years at 3.7%
- AED 15,956
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →