3-bed · 2,098 sqftPaloma 3, Dubai Marina · 33rd floor · completed 2008

3302, Paloma 3

Sold prices and rental history: sold twice, last in March 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3302 · DLD and Ejari recordsUpdated 24 March 2022
Last soldAED 3.25M24 March 2022
Current rentAED 165K /yr25 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3302, Paloma 3

What is 3302 worth today?

Last sold for AED 3,250,000 in 2022

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24 Mar 2022SoldReady
AED 3,250,000AED 1,549 per sqft
25 Mar 2021RentedNew contract
AED 165,000/yr12 months · AED 79 per sqft
15 Mar 2020RentedNew contract
AED 160,000/yr12 months · AED 76 per sqft
1 Mar 2019RentedRenewal
AED 185,533/yr12 months · AED 88 per sqft
5 Feb 2015RentedNew contract
AED 235,000/yr12 months · AED 112 per sqft
16 Oct 2013RentedNew contract
AED 225,000/yr12 months · AED 107 per sqft
17 Aug 2010Sold by developerReady
AED 2,569,888AED 1,224 per sqft

Source: Dubai Land Department. Updated 24 March 2022.

Key facts

Type
3-bed apartment
Size
2,098 sqft
Floor
33rd of 38
Parking
P3 - 3177, P3 - 3178
Developer
Emaar
Completed
2008
Service charge
AED 41,600 /yr
Last sold
AED 3.25M · March 2022
Building
Paloma 3

About 3302, Paloma 3

3302 is a three-bedroom apartment of 2,098 sqft on the 33rd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 24 March 2022 for AED 3,250,000, or AED 1,549 per sqft, 8% above the AED 1,429 three-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 25 March 2021, is AED 165,000 a year: a gross yield of 5.1% on the 2022 price, before the service charge of about AED 41,600 a year.

Sales and rents for 3302 over time

Sales
Unit 3302, 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, August 2010: AED 2,569,888 (AED 1,224 per sqft)Sold, March 2022: AED 3,250,000 (AED 1,549 per sqft)

3302 has sold twice; the dashed line is the three-bed median of each year in the building.

Rents
Unit 3302, each contractTypical three-bed in Paloma 3
150K200K250K2012201620202024Typical 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, October 2013: AED 225,000 a yearNew contract, February 2015: AED 235,000 a yearRenewal, March 2019: AED 185,533 a yearNew contract, March 2020: AED 160,000 a yearNew contract, March 2021: AED 165,000 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 3302 sits

All 38 3-beds →

3302 last sold in March 2022 at AED 1,549 per sqft, 8% above what three-beds in Paloma 3 were fetching at the time (AED 1,429). 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. 3302's AED 165,000 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 33rd floor

All 181 units in Paloma 3
Value
33012-bedAED 1.62M · Jul 2010
33032-bedAED 3.35M · Aug 2023
33041-bedAED 959K · Feb 2012
33051-bedAED 2.15M · Mar 2026

3302, Paloma 3 in numbers

  • Sold twice: first on 17 August 2010 for AED 2,569,888, last on 24 March 2022 for AED 3,250,000 (AED 1,549 per sqft).
  • Rented since October 2013 on 5 Ejari contracts, from AED 225,000 to AED 165,000 a year.
  • At AED 165,000 a year the gross yield on the 2022 price is 5.1%, 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 24 March 2022.

Questions about 3302, Paloma 3

What did unit 3302 last sell for?

AED 3,250,000 on 24 March 2022: AED 1,549 per sqft for 2,098 sqft. The unit has 2 registered sales; the first was AED 2,569,888 in August 2010.

What is the rent for unit 3302?

AED 165,000 a year on the contract signed on 25 March 2021. The previous contract, from March 2020, was AED 160,000; the unit has been rented since October 2013.

How big is unit 3302?

2,098 sqft (194.9 sqm): a three-bedroom apartment on the 33rd floor of a 38-storey tower completed in 2008.

What is unit 3302 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 3302, Paloma 3

Starts from the last sale price (AED 3.25M, 24 March 2022). Switch to today's estimate once you have unlocked it.
Price
AED 3,250,000
Deposit, UAE resident (20%)
AED 650,000
Deposit, non-resident (40%)
AED 1,300,000
Monthly over 25 years at 3.7%
AED 13,297

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