704, Paloma 3
Sold prices and rental history: sold 3 times, last in April 2025, 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 704, Paloma 3
What is 704 worth today?
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Source: Dubai Land Department. Updated 15 July 2026.
Key facts
- Type
- 1-bed apartment
- Size
- 891 sqft
- Floor
- 7th of 38
- Parking
- P1 - 1224
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,700 /yr
- Last sold
- AED 2.3M · April 2025
- Building
- Paloma 3
About 704, Paloma 3
704 is a one-bedroom apartment of 891 sqft on the 7th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 8 April 2025 for AED 2,300,000, or AED 2,581 per sqft, 14% above the AED 2,272 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 5 Ejari contracts. The current contract, renewed on 15 July 2026, is AED 80,000 a year: a gross yield of 3.5% on the 2025 price, before the service charge of about AED 17,700 a year.
Sales and rents for 704 over time
704 has sold 3 times; 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 704 sits
All 67 1-beds →704 last sold in April 2025 at AED 2,581 per sqft, 14% above what one-beds in Paloma 3 were fetching at the time (AED 2,272). 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. 704's AED 80,000 is at the bottom 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 | ||
| 28 Mar 202528 March 2025 | 1,036 sqft | 1,915,000 | 1,848 |
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 7th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,443 sqft | AED 1.31MAED 1,312,888 · Dec 2011December 2011 | 99,723 /yr | |
| 702 | 3-bed | 2,098 sqft | AED 3.95MAED 3,950,000 · Feb 2023February 2023 | 190,000 /yr | |
| 703 | 2-bed | 1,664 sqft | AED 2MAED 2,000,000 · Dec 2010December 2010 | 157,500 /yr | |
| 705 | 1-bed | 1,036 sqft | AED 1.97MAED 1,970,000 · May 2025May 2025 | 105,000 /yr |
704, Paloma 3 in numbers
- Sold 3 times: first on 25 June 2009 for AED 802,888, last on 8 April 2025 for AED 2,300,000 (AED 2,581 per sqft).
- Rented since May 2013 on 5 Ejari contracts, from AED 85,500 to AED 80,000 a year.
- At AED 80,000 a year the gross yield on the 2025 price is 3.5%, before a service charge of about AED 17,700 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 15 July 2026.
Questions about 704, Paloma 3
What did unit 704 last sell for?
AED 2,300,000 on 8 April 2025: AED 2,581 per sqft for 891 sqft. The unit has 3 registered sales; the first was AED 802,888 in June 2009.
What is the rent for unit 704?
AED 80,000 a year on the contract renewed on 15 July 2026. The previous contract, from July 2025, was AED 88,000; the unit has been rented since May 2013.
How big is unit 704?
891 sqft (82.8 sqm): a one-bedroom apartment on the 7th floor of a 38-storey tower completed in 2008.
What is unit 704 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 704, Paloma 3
Starts from the last sale price (AED 2.3M, 8 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,300,000
- Deposit, UAE resident (20%)
- AED 460,000
- Deposit, non-resident (40%)
- AED 920,000
- Monthly over 25 years at 3.7%
- AED 9,410
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →