1504, Paloma 3
Sold prices and rental history: sold twice, last in April 2014, 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 1504, Paloma 3
What is 1504 worth today?
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Source: Dubai Land Department. Updated 25 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 891 sqft
- Floor
- 15th of 38
- Parking
- P1 - 1199
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,700 /yr
- Last sold
- AED 2M · April 2014
- Building
- Paloma 3
About 1504, Paloma 3
1504 is a one-bedroom apartment of 891 sqft on the 15th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 9 April 2014 for AED 2,000,000, or AED 2,244 per sqft, 43% above the AED 1,571 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 11 Ejari contracts. The current contract, renewed on 25 February 2025, is AED 105,000 a year: a gross yield of 5.3% on the 2014 price, before the service charge of about AED 17,700 a year.
Sales and rents for 1504 over time
1504 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 1504 sits
All 65 1-beds →1504 last sold in April 2014 at AED 2,244 per sqft, 43% above what one-beds in Paloma 3 were fetching at the time (AED 1,571). 1504's AED 105,000 is in the lower half of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 | ||
| 28 Mar 202528 March 2025 | 1,036 sqft | 1,915,000 | 1,848 | ||
| 13 Jan 202513 January 2025 | 891 sqft | 2,050,000 | 2,300 |
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 15th floor
All 181 units in Paloma 31504, Paloma 3 in numbers
- Sold twice: first on 10 June 2009 for AED 850,888, last on 9 April 2014 for AED 2,000,000 (AED 2,244 per sqft).
- Rented since April 2013 on 11 Ejari contracts. The rent fell from AED 90,000 to AED 80,000 in 2022 and recovered to AED 105,000 by February 2025.
- At AED 105,000 a year the gross yield on the 2014 price is 5.3%, before a service charge of about AED 17,700 a year (AED 19.81 per sqft).
Source: Dubai Land Department. Updated 25 February 2025.
Questions about 1504, Paloma 3
What did unit 1504 last sell for?
AED 2,000,000 on 9 April 2014: AED 2,244 per sqft for 891 sqft. The unit has 2 registered sales; the first was AED 850,888 in June 2009.
What is the rent for unit 1504?
AED 105,000 a year on the contract renewed on 25 February 2025. The previous contract, from February 2024, was AED 105,000; the unit has been rented since April 2013.
How big is unit 1504?
891 sqft (82.8 sqm): a one-bedroom apartment on the 15th floor of a 38-storey tower completed in 2008.
What is unit 1504 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 1504, Paloma 3
Starts from the last sale price (AED 2M, 9 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →