505, Paloma 3
Sold prices and rental history: sold twice, last in October 2022, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 505, Paloma 3
What is 505 worth today?
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Source: Dubai Land Department. Updated 1 January 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 1,036 sqft
- Floor
- 5th of 38
- Parking
- P1 - 1227
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,500 /yr
- Last sold
- AED 1.58M · October 2022
- Building
- Paloma 3
About 505, Paloma 3
505 is a one-bedroom apartment of 1,036 sqft on the 5th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 24 October 2022 for AED 1,575,000, or AED 1,520 per sqft, 12% below the AED 1,728 one-beds in the building were fetching at the time.
It has been rented continuously since 2015 on 11 Ejari contracts. The current contract, signed on 1 January 2026, is AED 140,000 a year: a gross yield of 8.9% on the 2022 price, before the service charge of about AED 20,500 a year.
Sales and rents for 505 over time
505 has sold twice; the dashed line is the one-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.
1-beds in Paloma 3, and where 505 sits
All 67 1-beds →505 last sold in October 2022 at AED 1,520 per sqft, 12% below what one-beds in Paloma 3 were fetching at the time (AED 1,728). Over the last 12 months one-beds sold for AED 2,150,000, around AED 2,075 per sqft, and rent for AED 80,000 to 140,000 a year. 505's AED 140,000 is at the top of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Mar 20266 March 2026 | 1,036 sqft | 2,150,000 | 2,075 | ||
| 12 Aug 202512 August 2025 | 891 sqft | 2,075,000 | 2,328 | ||
| 7 May 20257 May 2025 | 1,036 sqft | 1,970,000 | 1,901 | ||
| 8 Apr 20258 April 2025 | 891 sqft | 2,300,000 | 2,581 |
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 5th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 501 | 2-bed | 1,443 sqft | AED 2.73MAED 2,725,000 · May 2024May 2024 | 165,000 /yr | |
| 502 | 3-bed | 2,098 sqft | AED 3.13MAED 3,126,534 · Nov 2011November 2011 | 200,000 /yr | |
| 503 | 2-bed | 1,664 sqft | AED 2.3MAED 2,300,000 · Sep 2020September 2020 | 170,000 /yr | |
| 504 | 1-bed | 891 sqft | AED 1.88MAED 1,880,000 · Oct 2023October 2023 | 110,000 /yr |
505, Paloma 3 in numbers
- Sold twice: first on 8 January 2012 for AED 819,888, last on 24 October 2022 for AED 1,575,000 (AED 1,520 per sqft).
- Rented since October 2015 on 11 Ejari contracts. The rent fell from AED 125,000 to AED 80,000 in 2023 and recovered to AED 140,000 by January 2026.
- At AED 140,000 a year the gross yield on the 2022 price is 8.9%, before a service charge of about AED 20,500 a year (AED 19.81 per sqft).
- One-beds in Paloma 3 sold for AED 2,150,000–2,150,000 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 1 January 2026.
Questions about 505, Paloma 3
What did unit 505 last sell for?
AED 1,575,000 on 24 October 2022: AED 1,520 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 819,888 in January 2012.
What is the rent for unit 505?
AED 140,000 a year on the contract signed on 1 January 2026. The previous contract, from May 2025, was AED 110,000; the unit has been rented since October 2015.
How big is unit 505?
1,036 sqft (96.2 sqm): a one-bedroom apartment on the 5th floor of a 38-storey tower completed in 2008.
What is unit 505 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Paloma 3 sold for AED 2,150,000 to 2,150,000 in the last 12 months, around AED 2,075 per sqft.
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Mortgage on 505, Paloma 3
Starts from the last sale price (AED 1.58M, 24 October 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,575,000
- Deposit, UAE resident (20%)
- AED 315,000
- Deposit, non-resident (40%)
- AED 630,000
- Monthly over 25 years at 3.7%
- AED 6,444
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →