1605, Paloma 3
Sold prices and rental history: sold twice, last in May 2019, and rented continuously since 2012. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1605, Paloma 3
What is 1605 worth today?
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Source: Dubai Land Department. Updated 1 April 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 1,036 sqft
- Floor
- 16th of 38
- Parking
- P2 - 2306
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,500 /yr
- Last sold
- AED 900K · May 2019
- Building
- Paloma 3
About 1605, Paloma 3
1605 is a one-bedroom apartment of 1,036 sqft on the 16th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 22 May 2019 for AED 900,000, or AED 868 per sqft, in line with the AED 868 one-beds in the building were fetching at the time.
It has been rented continuously since 2012 on 10 Ejari contracts. The current contract, renewed on 1 April 2025, is AED 90,000 a year: a gross yield of 10.0% on the 2019 price, before the service charge of about AED 20,500 a year.
Sales and rents for 1605 over time
1605 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 1605 sits
All 65 1-beds →1605 last sold in May 2019 at AED 868 per sqft, in line with what one-beds in Paloma 3 were fetching at the time (AED 868). 1605's AED 90,000 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 16th floor
All 181 units in Paloma 31605, Paloma 3 in numbers
- Sold twice: first on 16 August 2010 for AED 874,888, last on 22 May 2019 for AED 900,000 (AED 868 per sqft).
- Rented since November 2012 on 10 Ejari contracts. The rent fell from AED 95,000 to AED 75,000 in 2021 and recovered to AED 90,000 by April 2025.
- At AED 90,000 a year the gross yield on the 2019 price is 10.0%, before a service charge of about AED 20,500 a year (AED 19.81 per sqft).
Source: Dubai Land Department. Updated 1 April 2025.
Questions about 1605, Paloma 3
What did unit 1605 last sell for?
AED 900,000 on 22 May 2019: AED 868 per sqft for 1,036 sqft. The unit has 2 registered sales; the first was AED 874,888 in August 2010.
What is the rent for unit 1605?
AED 90,000 a year on the contract renewed on 1 April 2025. The previous contract, from April 2024, was AED 90,000; the unit has been rented since November 2012.
How big is unit 1605?
1,036 sqft (96.2 sqm): a one-bedroom apartment on the 16th floor of a 38-storey tower completed in 2008.
What is unit 1605 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 1605, Paloma 3
Starts from the last sale price (AED 900K, 22 May 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 900,000
- Deposit, UAE resident (20%)
- AED 180,000
- Deposit, non-resident (40%)
- AED 360,000
- Monthly over 25 years at 3.7%
- AED 3,682
Plus AED 42,810 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →