2-bed · 1,443 sqftPaloma 3, Dubai Marina · 31st floor · completed 2008

3101, Paloma 3

Sold prices and rental history: sold twice, last in November 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3101 · DLD and Ejari recordsUpdated 23 November 2014
Last soldAED 3.55M23 November 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3101, Paloma 3

What is 3101 worth today?

Last sold for AED 3,550,000 in 2014

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23 Nov 2014SoldReady
AED 3,550,000AED 2,460 per sqft
22 Jul 2010Sold by developerReady
AED 3,141,500AED 2,177 per sqft

Source: Dubai Land Department. Updated 23 November 2014.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
31st of 38
Parking
P1 - 1249
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 3.55M · November 2014
Building
Paloma 3

About 3101, Paloma 3

3101 is a two-bedroom apartment of 1,443 sqft on the 31st floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 23 November 2014 for AED 3,550,000, or AED 2,460 per sqft, 9% above the AED 2,253 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 3101 over time

Sales
Unit 3101, each saleTypical two-bed in Paloma 3
2M3M4M2009201420192024Typical sale price by year: 2009 AED 1,544,388; 2010 AED 1,844,888; 2011 AED 1,868,888; 2012 AED 1,850,000; 2013 AED 2,664,000; 2014 AED 3,300,000; 2015 AED 1,850,061; 2016 AED 2,550,000; 2020 AED 2,050,000; 2021 AED 2,450,000; 2022 AED 3,000,000; 2023 AED 3,325,000; 2024 AED 3,650,000; 2025 AED 3,712,500; 2026 AED 3,700,000Sold by developer, July 2010: AED 3,141,500 (AED 2,177 per sqft)Sold, November 2014: AED 3,550,000 (AED 2,460 per sqft)

3101 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3101, each contractTypical two-bed in Paloma 3
125K150K175K2012201620202024Typical rent by year: 2012 AED 145,000; 2013 AED 170,000; 2014 AED 171,250; 2015 AED 180,000; 2016 AED 180,000; 2017 AED 179,759; 2018 AED 167,000; 2019 AED 150,000; 2020 AED 135,000; 2021 AED 127,728; 2022 AED 140,000; 2023 AED 155,000; 2024 AED 170,000; 2025 AED 175,000; 2026 AED 170,000

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 3101 sits

All 74 2-beds →

3101 last sold in November 2014 at AED 2,460 per sqft, 9% above what two-beds in Paloma 3 were fetching at the time (AED 2,253). 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.

Recent 2-bed salesUnit no.Price (AED)Summary
24 Jul 202613,934
14 Jul 20263,800,000
2 Jul 20263,700,000
2 Apr 20263,700,000
9 2-bed sales 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 31st floor

All 181 units in Paloma 3
Value
31023-bedAED 4.8M · Jun 2014
31032-bedAED 3.1M · Apr 2025
31041-bedAED 1.41M · Aug 2019
31051-bedAED 1.87M · Nov 2023

3101, Paloma 3 in numbers

  • Sold twice: first on 22 July 2010 for AED 3,141,500, last on 23 November 2014 for AED 3,550,000 (AED 2,460 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 23 November 2014.

Questions about 3101, Paloma 3

What did unit 3101 last sell for?

AED 3,550,000 on 23 November 2014: AED 2,460 per sqft for 1,443 sqft. The unit has 2 registered sales; the first was AED 3,141,500 in July 2010.

How big is unit 3101?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 31st floor of a 38-storey tower completed in 2008.

What is unit 3101 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 3101, Paloma 3

Starts from the last sale price (AED 3.55M, 23 November 2014). Switch to today's estimate once you have unlocked it.
Price
AED 3,550,000
Deposit, UAE resident (20%)
AED 710,000
Deposit, non-resident (40%)
AED 1,420,000
Monthly over 25 years at 3.7%
AED 14,524

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