3005, Paloma 3
Sold prices and rental history: sold twice, last in February 2022, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3005, Paloma 3
What is 3005 worth today?
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Source: Dubai Land Department. Updated 22 February 2022.
Key facts
- Type
- 1-bed apartment
- Size
- 1,036 sqft
- Floor
- 30th of 38
- Parking
- P2 - 2259
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,500 /yr
- Last sold
- AED 1.5M · February 2022
- Building
- Paloma 3
About 3005, Paloma 3
3005 is a one-bedroom apartment of 1,036 sqft on the 30th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 22 February 2022 for AED 1,500,000, or AED 1,447 per sqft, in line with the AED 1,447 one-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 19 September 2021, is AED 85,000 a year: a gross yield of 5.7% on the 2022 price, before the service charge of about AED 20,500 a year.
Sales and rents for 3005 over time
3005 has sold twice; 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 3005 sits
All 67 1-beds →3005 last sold in February 2022 at AED 1,447 per sqft, in line with what one-beds in Paloma 3 were fetching at the time (AED 1,447). 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. 3005's AED 85,000 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 30th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3001 | 2-bed | 1,443 sqft | AED 1.59MAED 1,590,888 · Aug 2010August 2010 | 169,000 /yr | |
| 3002 | 3-bed | 2,098 sqft | AED 2.9MAED 2,900,000 · Jul 2012July 2012 | 230,000 /yr | |
| 3003 | 2-bed | 1,664 sqft | AED 1.98MAED 1,982,888 · Jul 2011July 2011 | 235,000 /yr | |
| 3004 | 1-bed | 891 sqft | AED 941KAED 940,888 · Sep 2010September 2010 | 120,000 /yr |
3005, Paloma 3 in numbers
- Sold twice: first on 25 October 2009 for AED 2,200,000, last on 22 February 2022 for AED 1,500,000 (AED 1,447 per sqft).
- Rented since March 2017 on 7 Ejari contracts, from AED 122,184 to AED 85,000 a year.
- At AED 85,000 a year the gross yield on the 2022 price is 5.7%, before a service charge of about AED 20,500 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 22 February 2022.
Questions about 3005, Paloma 3
What did unit 3005 last sell for?
AED 1,500,000 on 22 February 2022: AED 1,447 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 2,200,000 in October 2009.
What is the rent for unit 3005?
AED 85,000 a year on the contract renewed on 19 September 2021. The previous contract, from September 2020, was AED 85,000; the unit has been rented since March 2017.
How big is unit 3005?
1,036 sqft (96.2 sqm): a one-bedroom apartment on the 30th floor of a 38-storey tower completed in 2008.
What is unit 3005 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 3005, Paloma 3
Starts from the last sale price (AED 1.5M, 22 February 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →