3-bed · 2,098 sqftPaloma 3, Dubai Marina · 32nd floor · completed 2008

3202, Paloma 3

Sold prices and rental history: sold 3 times, last in January 2024, and rented since 2018. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3202 · DLD and Ejari recordsUpdated 8 January 2024
Last soldAED 4.1M8 January 2024
Current rentAED 185K /yr10 November 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3202, Paloma 3

What is 3202 worth today?

Last sold for AED 4,100,000 in 2024

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8 Jan 2024SoldReady
AED 4,100,000AED 1,954 per sqft
10 Nov 2021RentedNew contract
AED 185,000/yr12 months · AED 88 per sqft
31 Dec 2019RentedNew contract
AED 180,000/yr12 months · AED 86 per sqft
20 Nov 2018RentedNew contract
AED 230,000/yr12 months · AED 110 per sqft
14 Sep 2009Sold by developerReady
AED 2,563,888AED 1,222 per sqft
14 Sep 2009SoldReady
AED 1,850,000AED 881 per sqft

Source: Dubai Land Department. Updated 8 January 2024.

Key facts

Type
3-bed apartment
Size
2,098 sqft
Floor
32nd of 38
Parking
P3 - 3175, P3 - 3176
Developer
Emaar
Completed
2008
Service charge
AED 41,600 /yr
Last sold
AED 4.1M · January 2024
Building
Paloma 3

About 3202, Paloma 3

3202 is a three-bedroom apartment of 2,098 sqft on the 32nd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 8 January 2024 for AED 4,100,000, or AED 1,954 per sqft, 4% above the AED 1,870 three-beds in the building were fetching at the time.

It has been rented since 2018 on 3 Ejari contracts. The current contract, signed on 10 November 2021, is AED 185,000 a year: a gross yield of 4.5% on the 2024 price, before the service charge of about AED 41,600 a year.

Sales and rents for 3202 over time

Sales
Unit 3202, 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 2009: AED 2,563,888 (AED 1,222 per sqft)Sold, September 2009: AED 1,850,000 (AED 881 per sqft)Sold, January 2024: AED 4,100,000 (AED 1,954 per sqft)

3202 has sold 3 times; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3202, 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, November 2018: AED 230,000 a yearNew contract, December 2019: AED 180,000 a yearNew contract, November 2021: AED 185,000 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 3202 sits

All 38 3-beds →

3202 last sold in January 2024 at AED 1,954 per sqft, 4% above 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. 3202's AED 185,000 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 32nd floor

All 181 units in Paloma 3
Value
32012-bedAED 2.15M · Mar 2013
32032-bedAED 1M · Jan 2016
32041-bedAED 1.13M · Apr 2011
32051-bedAED 1.05M · Aug 2010

3202, Paloma 3 in numbers

  • Sold 3 times: first on 14 September 2009 for AED 1,850,000, last on 8 January 2024 for AED 4,100,000 (AED 1,954 per sqft).
  • Rented since November 2018 on 3 Ejari contracts, from AED 230,000 to AED 185,000 a year.
  • At AED 185,000 a year the gross yield on the 2024 price is 4.5%, 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 8 January 2024.

Questions about 3202, Paloma 3

What did unit 3202 last sell for?

AED 4,100,000 on 8 January 2024: AED 1,954 per sqft for 2,098 sqft. The unit has 3 registered sales; the first was AED 1,850,000 in September 2009.

What is the rent for unit 3202?

AED 185,000 a year on the contract signed on 10 November 2021. The previous contract, from December 2019, was AED 180,000; the unit has been rented since November 2018.

How big is unit 3202?

2,098 sqft (194.9 sqm): a three-bedroom apartment on the 32nd floor of a 38-storey tower completed in 2008.

What is unit 3202 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 3202, Paloma 3

Starts from the last sale price (AED 4.1M, 8 January 2024). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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