2004, Paloma 3
Sold prices and rental history: sold twice, last in February 2011, 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 2004, Paloma 3
What is 2004 worth today?
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Source: Dubai Land Department. Updated 24 March 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 891 sqft
- Floor
- 20th of 38
- Parking
- P2 - 2316
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,700 /yr
- Last sold
- AED 1.2M · February 2011
- Building
- Paloma 3
About 2004, Paloma 3
2004 is a one-bedroom apartment of 891 sqft on the 20th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 24 February 2011 for AED 1,200,000, or AED 1,346 per sqft, 38% above the AED 973 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 24 March 2025, is AED 115,000 a year: a gross yield of 9.6% on the 2011 price, before the service charge of about AED 17,700 a year.
Sales and rents for 2004 over time
2004 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 2004 sits
All 65 1-beds →2004 last sold in February 2011 at AED 1,346 per sqft, 38% above what one-beds in Paloma 3 were fetching at the time (AED 973). 2004's AED 115,000 is in the upper 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 20th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2001 | 2-bed | 1,443 sqft | AED 2.6MAED 2,600,000 · Aug 2016August 2016 | 190,000 /yr | |
| 2002 | 3-bed | 2,098 sqft | AED 2.27MAED 2,271,631 · Mar 2013March 2013 | 215,000 /yr | |
| 2003 | 2-bed | 1,664 sqft | AED 3.7MAED 3,700,000 · Jan 2024January 2024 | 195,000 /yr | |
| 2005 | 1-bed | 1,036 sqft | AED 1.2MAED 1,200,000 · Jul 2013July 2013 | 125,000 /yr |
2004, Paloma 3 in numbers
- Sold twice: first on 24 February 2011 for AED 880,888, last on 24 February 2011 for AED 1,200,000 (AED 1,346 per sqft).
- Rented since January 2013 on 7 Ejari contracts, from AED 110,000 to AED 115,000 a year.
- At AED 115,000 a year the gross yield on the 2011 price is 9.6%, before a service charge of about AED 17,700 a year (AED 19.81 per sqft).
Source: Dubai Land Department. Updated 24 March 2025.
Questions about 2004, Paloma 3
What did unit 2004 last sell for?
AED 1,200,000 on 24 February 2011, sold by the developer: AED 1,346 per sqft for 891 sqft. The unit has 2 registered sales; the first was AED 880,888 in February 2011.
What is the rent for unit 2004?
AED 115,000 a year on the contract renewed on 24 March 2025. The previous contract, from March 2024, was AED 112,000; the unit has been rented since January 2013.
How big is unit 2004?
891 sqft (82.8 sqm): a one-bedroom apartment on the 20th floor of a 38-storey tower completed in 2008.
What is unit 2004 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 2004, Paloma 3
Starts from the last sale price (AED 1.2M, 24 February 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 1,200,000
- Deposit, UAE resident (20%)
- AED 240,000
- Deposit, non-resident (40%)
- AED 480,000
- Monthly over 25 years at 3.7%
- AED 4,910
Plus AED 55,410 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →