3701, Paloma 3
Sold prices and rental history: sold 4 times, last in November 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3701, Paloma 3
What is 3701 worth today?
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Source: Dubai Land Department. Updated 26 November 2024.
Key facts
- Type
- Studio apartment
- Size
- 778 sqft
- Floor
- 37th of 38
- Parking
- P1 - 1220
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 15,400 /yr
- Last sold
- AED 1.63M · November 2024
- Building
- Paloma 3
About 3701, Paloma 3
3701 is a studio of 778 sqft on the 37th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 26 November 2024 for AED 1,630,000, or AED 2,095 per sqft.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, signed on 11 September 2023, is AED 105,000 a year: a gross yield of 6.4% on the 2024 price, before the service charge of about AED 15,400 a year.
Studios in Paloma 3, and where 3701 sits
All 2 studios →| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 May 201831 May 2018 | 521 sqft | 880,000 | 1,689 | ||
| 22 May 201422 May 2014 | 521 sqft | 1,080,000 | 2,073 | ||
| 16 Jun 201316 June 2013 | 521 sqft | 760,000 | 1,458 | ||
| 9 May 20129 May 2012 | 521 sqft | 600,000 | 1,151 |
Paloma 3
Building181 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%
Other units on the 37th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3702 | 1-bed | 1,092 sqft | AED 1.08MAED 1,084,888 · Jun 2010June 2010 | 90,000 /yr | |
| 3703 | 2-bed | 1,627 sqft | AED 3.7MAED 3,700,000 · Apr 2026April 2026 | 175,000 /yr | |
| 3704 | 2-bed | 1,834 sqft | AED 1.8MAED 1,796,888 · Feb 2012February 2012 | 215,000 /yr | |
| 3705 | 2-bed | 1,573 sqft | AED 3.1MAED 3,100,000 · Nov 2014November 2014 | 170,000 /yr |
3701, Paloma 3 in numbers
- Sold 4 times: first on 22 June 2010 for AED 920,000, last on 26 November 2024 for AED 1,630,000 (AED 2,095 per sqft).
- Rented since March 2013 on 5 Ejari contracts. The rent fell from AED 70,000 to AED 50,000 in 2021 and recovered to AED 105,000 by September 2023.
- At AED 105,000 a year the gross yield on the 2024 price is 6.4%, before a service charge of about AED 15,400 a year (AED 19.81 per sqft).
Source: Dubai Land Department. Updated 26 November 2024.
Questions about 3701, Paloma 3
What did unit 3701 last sell for?
AED 1,630,000 on 26 November 2024: AED 2,095 per sqft for 778 sqft. The unit has 4 registered sales; the first was AED 920,000 in June 2010.
What is the rent for unit 3701?
AED 105,000 a year on the contract signed on 11 September 2023. The previous contract, from July 2021, was AED 50,000; the unit has been rented since March 2013.
How big is unit 3701?
778 sqft (72.3 sqm): a studio on the 37th floor of a 38-storey tower completed in 2008.
What is unit 3701 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 3701, Paloma 3
Starts from the last sale price (AED 1.63M, 26 November 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,630,000
- Deposit, UAE resident (20%)
- AED 326,000
- Deposit, non-resident (40%)
- AED 652,000
- Monthly over 25 years at 3.7%
- AED 6,669
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →