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3-bed · 2,098 sqftPaloma 3, Dubai Marina · 31st floor · completed 2008

3102, Paloma 3

Sold prices and rental history: sold twice, last in June 2014, and rented once, from March 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3102 · DLD and Ejari recordsUpdated 12 June 2014
Last soldAED 4.8M12 June 2014
Current rentAED 220K /yr20 March 2013
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 3102, Paloma 3

What is 3102 worth today?

Last sold for AED 4,800,000 in 2014

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12 Jun 2014SoldReady
AED 4,800,000AED 2,287 per sqft
20 Mar 2013RentedNew contract
AED 220,000/yr12 months · AED 105 per sqft
14 Sep 2010Sold by developerReady
AED 3,999,000AED 1,906 per sqft

Source: Dubai Land Department. Updated 12 June 2014.

Key facts

Type
3-bed apartment
Size
2,098 sqft
Floor
31st of 38
Parking
P3 - 3173, P3 - 3174
Developer
Emaar
Completed
2008
Service charge
AED 41,600 /yr
Last sold
AED 4.8M · June 2014
Building
Paloma 3

About 3102, Paloma 3

3102 is a three-bedroom apartment of 2,098 sqft on the 31st floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 12 June 2014 for AED 4,800,000, or AED 2,287 per sqft, 16% above the AED 1,978 three-beds in the building were fetching at the time.

One Ejari contract is registered, from 20 March 2013. The current contract, signed on 20 March 2013, is AED 220,000 a year: a gross yield of 4.6% on the 2014 price, before the service charge of about AED 41,600 a year.

Sales and rents for 3102 over time

Sales
Unit 3102, 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, September 2010: AED 3,999,000 (AED 1,906 per sqft)Sold, June 2014: AED 4,800,000 (AED 2,287 per sqft)

3102 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3102, 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 240,000New contract, March 2013: AED 220,000 a year

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 3102 sits

All 38 3-beds →

3102 last sold in June 2014 at AED 2,287 per sqft, 16% above what three-beds in Paloma 3 were fetching at the time (AED 1,978). 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. 3102's AED 220,000 is at the bottom of that range.

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 31st floor

All 181 units in Paloma 3
Value
31012-bedAED 3.55M · Nov 2014
31032-bedAED 3.1M · Apr 2025
31041-bedAED 1.41M · Aug 2019
31051-bedAED 1.87M · Nov 2023

3102, Paloma 3 in numbers

  • Sold twice: first on 14 September 2010 for AED 3,999,000, last on 12 June 2014 for AED 4,800,000 (AED 2,287 per sqft).
  • Rented since March 2013 on one Ejari contract, at AED 220,000 a year.
  • At AED 220,000 a year the gross yield on the 2014 price is 4.6%, 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 12 June 2014.

Questions about 3102, Paloma 3

What did unit 3102 last sell for?

AED 4,800,000 on 12 June 2014: AED 2,287 per sqft for 2,098 sqft. The unit has 2 registered sales; the first was AED 3,999,000 in September 2010.

What is the rent for unit 3102?

AED 220,000 a year on the contract signed on 20 March 2013.

How big is unit 3102?

2,098 sqft (194.9 sqm): a three-bedroom apartment on the 31st floor of a 38-storey tower completed in 2008.

What is unit 3102 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 3102, Paloma 3

Starts from the last sale price (AED 4.8M, 12 June 2014). Switch to today's estimate once you have unlocked it.
Price
AED 4,800,000
Deposit, UAE resident (20%)
AED 960,000
Deposit, non-resident (40%)
AED 1,920,000
Monthly over 25 years at 3.7%
AED 19,638

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