2-bed · 1,664 sqftPaloma 3, Dubai Marina · 22nd floor · completed 2008

2203, Paloma 3

Sold prices and rental history: sold twice, last in December 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2203 · DLD and Ejari recordsUpdated 7 December 2021
Last soldAED 2.85M7 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2203, Paloma 3

What is 2203 worth today?

Last sold for AED 2,850,000 in 2021

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7 Dec 2021SoldReady
AED 2,850,000AED 1,712 per sqft
31 Oct 2021Sold by developerReady
AED 2,550,000AED 1,532 per sqft

Source: Dubai Land Department. Updated 7 December 2021.

Key facts

Type
2-bed apartment
Size
1,664 sqft
Floor
22nd of 38
Parking
P1 - 1177
Developer
Emaar
Completed
2008
Service charge
AED 33,000 /yr
Last sold
AED 2.85M · December 2021
Building
Paloma 3

About 2203, Paloma 3

2203 is a two-bedroom apartment of 1,664 sqft on the 22nd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 7 December 2021 for AED 2,850,000, or AED 1,712 per sqft, 16% above the AED 1,472 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 2203 over time

Sales
Unit 2203, each saleTypical two-bed in Paloma 3
2M3M4M2009201420192024Typical 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, October 2021: AED 2,550,000 (AED 1,532 per sqft)Sold, December 2021: AED 2,850,000 (AED 1,712 per sqft)

2203 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2203, each contractTypical two-bed in Paloma 3
125K150K175K2013201720212025Typical 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 170,000

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 2203 sits

All 71 2-beds →

2203 last sold in December 2021 at AED 1,712 per sqft, 16% above what two-beds in Paloma 3 were fetching at the time (AED 1,472). 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.

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 22nd floor

All 181 units in Paloma 3
Value
22012-bedAED 1.8M · Aug 2019
22023-bedAED 1.85M · Jul 2024
22041-bedAED 1.65M · Jun 2022
22051-bedAED 1.88M · Jan 2024

2203, Paloma 3 in numbers

  • Sold twice: first on 31 October 2021 for AED 2,550,000, last on 7 December 2021 for AED 2,850,000 (AED 1,712 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 7 December 2021.

Questions about 2203, Paloma 3

What did unit 2203 last sell for?

AED 2,850,000 on 7 December 2021: AED 1,712 per sqft for 1,664 sqft. The unit has 2 registered sales; the first was AED 2,550,000 in October 2021.

How big is unit 2203?

1,664 sqft (154.6 sqm): a two-bedroom apartment on the 22nd floor of a 38-storey tower completed in 2008.

What is unit 2203 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 2203, Paloma 3

Starts from the last sale price (AED 2.85M, 7 December 2021). Switch to today's estimate once you have unlocked it.
Price
AED 2,850,000
Deposit, UAE resident (20%)
AED 570,000
Deposit, non-resident (40%)
AED 1,140,000
Monthly over 25 years at 3.7%
AED 11,660

Plus AED 124,710 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →