2-bed · 1,443 sqftPaloma 3, Dubai Marina · 16th floor · completed 2008

1601, Paloma 3

Sold prices and rental history: sold once, by the developer in July 2010, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1601 · DLD and Ejari recordsUpdated 12 February 2026
Last soldAED 692K12 July 2010
Current rentAED 150K /yr12 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1601, Paloma 3

What is 1601 worth today?

Last sold for AED 692,444 in 2010

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12 Feb 2026RentedNew contract
AED 150,000/yr12 months · AED 104 per sqft
6 Oct 2024RentedRenewal
AED 165,000/yr12 months · AED 114 per sqft
6 Oct 2023RentedNew contract
AED 165,000/yr12 months · AED 114 per sqft
28 Apr 2022RentedNew contract
AED 150,000/yr12 months · AED 104 per sqft
25 Sep 2021RentedRenewal
AED 150,000/yr12 months · AED 104 per sqft
25 Sep 2018RentedNew contract
AED 150,000/yr12 months · AED 104 per sqft
10 May 2017RentedNew contract
AED 165,000/yr12 months · AED 114 per sqft
5 Aug 2016RentedRenewal
AED 176,000/yr12 months · AED 122 per sqft

Source: Dubai Land Department. Updated 12 February 2026.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
16th of 38
Parking
P2 - 2311
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 692K · July 2010
Building
Paloma 3

About 1601, Paloma 3

1601 is a two-bedroom apartment of 1,443 sqft on the 16th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 12 July 2010 for AED 692,444, or AED 479 per sqft, 56% below the AED 1,096 two-beds in the building were fetching at the time.

It has been rented continuously since 2012 on 11 Ejari contracts. The current contract, signed on 12 February 2026, is AED 150,000 a year: a gross yield of 21.7% on the 2010 price, before the service charge of about AED 28,600 a year.

Sales and rents for 1601 over time

Sales
Unit 1601, each saleTypical two-bed in Paloma 3
2M4M2009201420192024Typical sale price by year: 2009 AED 1,544,388; 2010 AED 1,842,388; 2011 AED 1,868,888; 2012 AED 1,850,000; 2013 AED 2,557,000; 2014 AED 3,300,000; 2015 AED 1,800,000; 2016 AED 2,550,000; 2020 AED 2,050,000; 2021 AED 2,450,000; 2022 AED 3,000,000; 2023 AED 3,300,000; 2024 AED 3,650,000; 2025 AED 3,712,500Sold by developer, July 2010: AED 692,444 (AED 479 per sqft)

1601 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 1601, each contractTypical two-bed in Paloma 3
125K150K175K2012201620202024Typical rent by year: 2013 AED 170,000; 2014 AED 172,500; 2015 AED 176,000; 2016 AED 180,000; 2017 AED 179,759; 2018 AED 167,000; 2019 AED 150,000; 2020 AED 133,000; 2021 AED 125,000; 2022 AED 140,000; 2023 AED 157,500; 2024 AED 171,520; 2025 AED 175,000; 2026 AED 170,000New contract, June 2012: AED 145,000 a yearRenewal, August 2014: AED 160,000 a yearRenewal, August 2015: AED 176,000 a yearRenewal, August 2016: AED 176,000 a yearNew contract, May 2017: AED 165,000 a yearNew contract, September 2018: AED 150,000 a yearRenewal, September 2021: AED 150,000 a yearNew contract, April 2022: AED 150,000 a yearNew contract, October 2023: AED 165,000 a yearRenewal, October 2024: AED 165,000 a yearNew contract, February 2026: AED 150,000 a year

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 1601 sits

All 71 2-beds →

1601 last sold in July 2010 at AED 479 per sqft, 56% below what two-beds in Paloma 3 were fetching at the time (AED 1,096). 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. 1601's AED 150,000 is in the lower half of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
11 Feb 20263,100,000
2 Jan 202644,272
10 Dec 20253,375,000
9 Dec 20254,300,000
5 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. 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%
Paloma 3, Dubai Marina: prices, sales and rents →

Other units on the 16th floor

All 181 units in Paloma 3
Value
16023-bedAED 3M · May 2021
16032-bedAED 4.35M · Jan 2024
16041-bedAED 2.05M · Jan 2025
16051-bedAED 900K · May 2019

1601, Paloma 3 in numbers

  • Sold once: by Emaar on 12 July 2010 for AED 692,444, or AED 479 per sqft.
  • Rented since June 2012 on 11 Ejari contracts, from AED 145,000 to AED 150,000 a year.
  • At AED 150,000 a year the gross yield on the 2010 price is 21.7%, before a service charge of about AED 28,600 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 12 February 2026.

Questions about 1601, Paloma 3

What did unit 1601 last sell for?

AED 692,444 on 12 July 2010, sold by the developer: AED 479 per sqft for 1,443 sqft. It is the only registered sale of the unit.

What is the rent for unit 1601?

AED 150,000 a year on the contract signed on 12 February 2026. The previous contract, from October 2024, was AED 165,000; the unit has been rented since June 2012.

How big is unit 1601?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 16th floor of a 38-storey tower completed in 2008.

What is unit 1601 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 1601, Paloma 3

Starts from the last sale price (AED 692K, 12 July 2010). Switch to today's estimate once you have unlocked it.
Price
AED 692,444
Deposit, UAE resident (20%)
AED 138,489
Deposit, non-resident (40%)
AED 276,978
Monthly over 25 years at 3.7%
AED 2,833

Plus AED 34,093 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →