1203, Paloma 3
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1203, Paloma 3
What is 1203 worth today?
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Source: Dubai Land Department. Updated 1 November 2024.
Key facts
- Type
- 2-bed apartment
- Size
- 1,664 sqft
- Floor
- 12th of 38
- Parking
- P1 - 1238
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 33,000 /yr
- Last sold
- AED 1.87M · August 2010
- Building
- Paloma 3
About 1203, Paloma 3
1203 is a two-bedroom apartment of 1,664 sqft on the 12th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 15 August 2010 for AED 1,874,888, or AED 1,126 per sqft, in line with the AED 1,100 two-beds in the building were fetching at the time.
It has been rented continuously since 2017 on 7 Ejari contracts. The current contract, renewed on 1 November 2024, is AED 195,000 a year: a gross yield of 10.4% on the 2010 price, before the service charge of about AED 33,000 a year.
Sales and rents for 1203 over time
1203 has sold once; the dashed line is the two-bed median of each year in the building.
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 1203 sits
All 71 2-beds →1203 last sold in August 2010 at AED 1,126 per sqft, in line with what two-beds in Paloma 3 were fetching at the time (AED 1,100). Over the last 12 months two-beds sold for AED 3,100,000 to 4,300,000, around AED 2,260 per sqft, and rent for AED 146,300 to 210,000 a year. 1203's AED 195,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,664 sqft | 3,100,000 | 1,862 | ||
| 2 Jan 20262 January 2026 | 1,443 sqft | 44,272 | 30 | ||
| 10 Dec 202510 December 2025 | 1,443 sqft | 3,375,000 | 2,338 | ||
| 9 Dec 20259 December 2025 | 1,664 sqft | 4,300,000 | 2,584 |
Paloma 3
Building181 apartments, studios to 3-bed over 38 floors in Dubai Marina, completed in 2008 by Emaar. 6 sold in the last 12 months.
- Typical price per sqft
- AED 2,338
- Typical sale
- AED 3.38M
- Typical rent
- AED 130K /yr
- Typical yield
- 5.2%
Other units on the 12th floor
All 181 units in Paloma 31203, Paloma 3 in numbers
- Sold once: by Emaar on 15 August 2010 for AED 1,874,888, or AED 1,126 per sqft.
- Rented since November 2017 on 7 Ejari contracts, from AED 179,501 to AED 195,000 a year.
- At AED 195,000 a year the gross yield on the 2010 price is 10.4%, 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 2,338 per sqft.
Source: Dubai Land Department. Updated 1 November 2024.
Questions about 1203, Paloma 3
What did unit 1203 last sell for?
AED 1,874,888 on 15 August 2010, sold by the developer: AED 1,126 per sqft for 1,664 sqft. It is the only registered sale of the unit.
What is the rent for unit 1203?
AED 195,000 a year on the contract renewed on 1 November 2024. The previous contract, from November 2023, was AED 195,000; the unit has been rented since November 2017.
How big is unit 1203?
1,664 sqft (154.6 sqm): a two-bedroom apartment on the 12th floor of a 38-storey tower completed in 2008.
What is unit 1203 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 2,260 per sqft.
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Mortgage on 1203, Paloma 3
Starts from the last sale price (AED 1.87M, 15 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 1,874,888
- Deposit, UAE resident (20%)
- AED 374,978
- Deposit, non-resident (40%)
- AED 749,955
- Monthly over 25 years at 3.7%
- AED 7,671
Plus AED 83,756 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →