2205, Paloma 3
Sold prices and rental history: sold 5 times, last in January 2024, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 2205, Paloma 3
What is 2205 worth today?
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Source: Dubai Land Department. Updated 24 January 2024.
Key facts
- Type
- 1-bed apartment
- Size
- 1,036 sqft
- Floor
- 22nd of 38
- Parking
- P2 - 2247
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,500 /yr
- Last sold
- AED 1.88M · January 2024
- Building
- Paloma 3
About 2205, Paloma 3
2205 is a one-bedroom apartment of 1,036 sqft on the 22nd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 24 January 2024 for AED 1,880,000, or AED 1,814 per sqft, 5% below the AED 1,917 one-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 July 2022, is AED 99,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 20,500 a year.
Sales and rents for 2205 over time
2205 has sold 5 times; 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 2205 sits
All 65 1-beds →2205 last sold in January 2024 at AED 1,814 per sqft, 5% below what one-beds in Paloma 3 were fetching at the time (AED 1,917). 2205's AED 99,000 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 22nd floor
All 181 units in Paloma 32205, Paloma 3 in numbers
- Sold 5 times: first on 14 March 2010 for AED 1,300,000, last on 24 January 2024 for AED 1,880,000 (AED 1,814 per sqft).
- Rented since July 2020 on 2 Ejari contracts, from AED 85,000 to AED 99,000 a year.
- At AED 99,000 a year the gross yield on the 2024 price is 5.3%, before a service charge of about AED 20,500 a year (AED 19.81 per sqft).
Source: Dubai Land Department. Updated 24 January 2024.
Questions about 2205, Paloma 3
What did unit 2205 last sell for?
AED 1,880,000 on 24 January 2024: AED 1,814 per sqft for 1,036 sqft. The unit has 5 registered sales; the first was AED 1,300,000 in March 2010.
What is the rent for unit 2205?
AED 99,000 a year on the contract signed on 1 July 2022. The previous contract, from July 2020, was AED 85,000.
How big is unit 2205?
1,036 sqft (96.2 sqm): a one-bedroom apartment on the 22nd floor of a 38-storey tower completed in 2008.
What is unit 2205 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 2205, Paloma 3
Starts from the last sale price (AED 1.88M, 24 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,880,000
- Deposit, UAE resident (20%)
- AED 376,000
- Deposit, non-resident (40%)
- AED 752,000
- Monthly over 25 years at 3.7%
- AED 7,692
Plus AED 83,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →