2-bed · 1,664 sqftPaloma 3, Dubai Marina · 35th floor · completed 2008

3503, Paloma 3

Sold prices and rental history: sold 3 times, last in September 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3503 · DLD and Ejari recordsUpdated 12 September 2021
Last soldAED 2.85M12 September 2021
Current rentAED 130K /yr20 June 2020
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3503, Paloma 3

What is 3503 worth today?

Last sold for AED 2,850,000 in 2021

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12 Sep 2021SoldReady
AED 2,850,000AED 1,712 per sqft
14 Jul 2021SoldReady
AED 2,450,000AED 1,472 per sqft
20 Jun 2020RentedNew contract
AED 130,000/yr12 months · AED 78 per sqft
2 Jan 2019RentedRenewal
AED 160,000/yr12 months · AED 96 per sqft
2 Jan 2018RentedNew contract
AED 160,000/yr12 months · AED 96 per sqft
1 Dec 2016RentedRenewal
AED 152,000/yr12 months · AED 91 per sqft
1 Dec 2015RentedNew contract
AED 152,000/yr12 months · AED 91 per sqft
4 Aug 2014RentedNew contract
AED 152,000/yr12 months · AED 91 per sqft

Source: Dubai Land Department. Updated 12 September 2021.

Key facts

Type
2-bed apartment
Size
1,664 sqft
Floor
35th of 38
Parking
P1 - 1180
Developer
Emaar
Completed
2008
Service charge
AED 33,000 /yr
Last sold
AED 2.85M · September 2021
Building
Paloma 3

About 3503, Paloma 3

3503 is a two-bedroom apartment of 1,664 sqft on the 35th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 12 September 2021 for AED 2,850,000, or AED 1,712 per sqft, 22% above the AED 1,403 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 20 June 2020, is AED 130,000 a year: a gross yield of 4.6% on the 2021 price, before the service charge of about AED 33,000 a year.

Sales and rents for 3503 over time

Sales
Unit 3503, 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, August 2010: AED 2,012,888 (AED 1,209 per sqft)Sold, July 2021: AED 2,450,000 (AED 1,472 per sqft)Sold, September 2021: AED 2,850,000 (AED 1,712 per sqft)

3503 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3503, 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 170,000New contract, August 2014: AED 152,000 a yearNew contract, December 2015: AED 152,000 a yearRenewal, December 2016: AED 152,000 a yearNew contract, January 2018: AED 160,000 a yearRenewal, January 2019: AED 160,000 a yearNew contract, June 2020: AED 130,000 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 3503 sits

All 74 2-beds →

3503 last sold in September 2021 at AED 1,712 per sqft, 22% above what two-beds in Paloma 3 were fetching at the time (AED 1,403). 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. 3503's AED 130,000 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 35th floor

All 181 units in Paloma 3
Value
35012-bedAED 3.15M · Dec 2025
35023-bedAED 2.9M · Feb 2010
35041-bedAED 700K · Nov 2013
35051-bedAED 1.4M · Jun 2021

3503, Paloma 3 in numbers

  • Sold 3 times: first on 18 August 2010 for AED 2,012,888, last on 12 September 2021 for AED 2,850,000 (AED 1,712 per sqft).
  • Rented since August 2014 on 6 Ejari contracts, from AED 152,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 4.6%, 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 12 September 2021.

Questions about 3503, Paloma 3

What did unit 3503 last sell for?

AED 2,850,000 on 12 September 2021: AED 1,712 per sqft for 1,664 sqft. The unit has 3 registered sales; the first was AED 2,012,888 in August 2010.

What is the rent for unit 3503?

AED 130,000 a year on the contract signed on 20 June 2020. The previous contract, from January 2019, was AED 160,000; the unit has been rented since August 2014.

How big is unit 3503?

1,664 sqft (154.6 sqm): a two-bedroom apartment on the 35th floor of a 38-storey tower completed in 2008.

What is unit 3503 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 3503, Paloma 3

Starts from the last sale price (AED 2.85M, 12 September 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

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