2-bed · 1,664 sqftPaloma 3, Dubai Marina · 33rd floor · completed 2008

3303, Paloma 3

Sold prices and rental history: sold 3 times, last in August 2023, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3303 · DLD and Ejari recordsUpdated 3 August 2023
Last soldAED 3.35M3 August 2023
Current rentAED 120K /yr15 November 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3303, Paloma 3

What is 3303 worth today?

Last sold for AED 3,350,000 in 2023

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3 Aug 2023SoldReady
AED 3,350,000AED 2,013 per sqft
15 Nov 2020RentedRenewal
AED 120,000/yr6 months · AED 72 per sqft
15 Nov 2019RentedRenewal
AED 160,000/yr12 months · AED 96 per sqft
15 Nov 2018RentedRenewal
AED 165,000/yr12 months · AED 99 per sqft
15 Nov 2017RentedNew contract
AED 180,000/yr12 months · AED 108 per sqft
4 Sep 2013SoldReady
AED 3,550,000AED 2,133 per sqft
24 Dec 2009Sold by developerReady
AED 1,062,444AED 638 per sqft

Source: Dubai Land Department. Updated 3 August 2023.

Key facts

Type
2-bed apartment
Size
1,664 sqft
Floor
33rd of 38
Parking
P2 - 2326
Developer
Emaar
Completed
2008
Service charge
AED 33,000 /yr
Last sold
AED 3.35M · August 2023
Building
Paloma 3

About 3303, Paloma 3

3303 is a two-bedroom apartment of 1,664 sqft on the 33rd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 3 August 2023 for AED 3,350,000, or AED 2,013 per sqft, 12% above the AED 1,802 two-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 15 November 2020, is AED 120,000 a year: a gross yield of 3.6% on the 2023 price, before the service charge of about AED 33,000 a year.

Sales and rents for 3303 over time

Sales
Unit 3303, each saleTypical two-bed in Paloma 3
2M4M2009201420192024Typical 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, December 2009: AED 1,062,444 (AED 638 per sqft)Sold, September 2013: AED 3,550,000 (AED 2,133 per sqft)Sold, August 2023: AED 3,350,000 (AED 2,013 per sqft)

3303 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3303, each contractTypical two-bed in Paloma 3
150K2012201620202024Typical 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 170,000New contract, November 2017: AED 180,000 a yearRenewal, November 2018: AED 165,000 a yearRenewal, November 2019: AED 160,000 a yearRenewal, November 2020: AED 120,000 a year

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 3303 sits

All 74 2-beds →

3303 last sold in August 2023 at AED 2,013 per sqft, 12% above what two-beds in Paloma 3 were fetching at the time (AED 1,802). 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. 3303's AED 120,000 is in the lower half of that range.

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 33rd floor

All 181 units in Paloma 3
Value
33012-bedAED 1.62M · Jul 2010
33023-bedAED 3.25M · Mar 2022
33041-bedAED 959K · Feb 2012
33051-bedAED 2.15M · Mar 2026

3303, Paloma 3 in numbers

  • Sold 3 times: first on 24 December 2009 for AED 1,062,444, last on 3 August 2023 for AED 3,350,000 (AED 2,013 per sqft).
  • Rented since November 2017 on 4 Ejari contracts, from AED 180,000 to AED 120,000 a year.
  • At AED 120,000 a year the gross yield on the 2023 price is 3.6%, before a service charge of about AED 33,000 a year (AED 19.81 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 3 August 2023.

Questions about 3303, Paloma 3

What did unit 3303 last sell for?

AED 3,350,000 on 3 August 2023: AED 2,013 per sqft for 1,664 sqft. The unit has 3 registered sales; the first was AED 1,062,444 in December 2009.

What is the rent for unit 3303?

AED 120,000 a year on the contract renewed on 15 November 2020. The previous contract, from November 2019, was AED 160,000; the unit has been rented since November 2017.

How big is unit 3303?

1,664 sqft (154.6 sqm): a two-bedroom apartment on the 33rd floor of a 38-storey tower completed in 2008.

What is unit 3303 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 3303, Paloma 3

Starts from the last sale price (AED 3.35M, 3 August 2023). Switch to today's estimate once you have unlocked it.
Price
AED 3,350,000
Deposit, UAE resident (20%)
AED 670,000
Deposit, non-resident (40%)
AED 1,340,000
Monthly over 25 years at 3.7%
AED 13,706

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