2-bed · 1,664 sqftPaloma 3, Dubai Marina · 6th floor · completed 2008

603, Paloma 3

Sold prices and rental history: sold once, by the developer in December 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 27 December 2009
Last soldAED 1.84M27 December 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Paloma 3

What is 603 worth today?

Last sold for AED 1,838,888 in 2009

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27 Dec 2009Sold by developerReady
AED 1,838,888AED 1,105 per sqft

Source: Dubai Land Department. Updated 27 December 2009.

Key facts

Type
2-bed apartment
Size
1,664 sqft
Floor
6th of 38
Parking
P1 - 1244
Developer
Emaar
Completed
2008
Service charge
AED 33,000 /yr
Last sold
AED 1.84M · December 2009
Building
Paloma 3

About 603, Paloma 3

603 is a two-bedroom apartment of 1,664 sqft on the 6th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 27 December 2009 for AED 1,838,888, or AED 1,105 per sqft, 5% above the AED 1,055 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, 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, December 2009: AED 1,838,888 (AED 1,105 per sqft)

603 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 603, 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 170,000

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 603 sits

All 74 2-beds →

603 last sold in December 2009 at AED 1,105 per sqft, 5% above what two-beds in Paloma 3 were fetching at the time (AED 1,055). 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.

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 6th floor

All 181 units in Paloma 3
Value
6012-bedAED 1.3M · Aug 2010
6023-bedAED 2.26M · Aug 2010
6051-bedAED 825K · Aug 2010

603, Paloma 3 in numbers

  • Sold once: by Emaar on 27 December 2009 for AED 1,838,888, or AED 1,105 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 27 December 2009.

Questions about 603, Paloma 3

What did unit 603 last sell for?

AED 1,838,888 on 27 December 2009, sold by the developer: AED 1,105 per sqft for 1,664 sqft. It is the only registered sale of the unit.

How big is unit 603?

1,664 sqft (154.6 sqm): a two-bedroom apartment on the 6th floor of a 38-storey tower completed in 2008.

What is unit 603 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 603, Paloma 3

Starts from the last sale price (AED 1.84M, 27 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,838,888
Deposit, UAE resident (20%)
AED 367,778
Deposit, non-resident (40%)
AED 735,555
Monthly over 25 years at 3.7%
AED 7,523

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