2304, Paloma 3
Sold prices and rental history: sold once, by the developer in March 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 2304, Paloma 3
What is 2304 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 February 2025.
Key facts
- Type
- 1-bed apartment
- Size
- 891 sqft
- Floor
- 23rd of 38
- Parking
- P2 - 2267
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 17,700 /yr
- Last sold
- AED 899K · March 2011
- Building
- Paloma 3
About 2304, Paloma 3
2304 is a one-bedroom apartment of 891 sqft on the 23rd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 29 March 2011 for AED 898,888, or AED 1,008 per sqft, 5% above the AED 961 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 9 Ejari contracts. The current contract, renewed on 1 February 2025, is AED 91,350 a year: a gross yield of 10.2% on the 2011 price, before the service charge of about AED 17,700 a year.
Sales and rents for 2304 over time
2304 has sold once; 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 2304 sits
All 65 1-beds →2304 last sold in March 2011 at AED 1,008 per sqft, 5% above what one-beds in Paloma 3 were fetching at the time (AED 961). 2304's AED 91,350 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 23rd floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 2301 | 2-bed | 1,443 sqft | AED 1.53MAED 1,531,888 · Feb 2011February 2011 | 190,000 /yr | |
| 2302 | 3-bed | 2,098 sqft | AED 2.36MAED 2,359,888 · Aug 2010August 2010 | ||
| 2303 | 2-bed | 1,664 sqft | AED 3.75MAED 3,750,000 · Mar 2014March 2014 | 200,000 /yr | |
| 2305 | 1-bed | 1,036 sqft | AED 1.4MAED 1,400,000 · Sep 2018September 2018 | 117,500 /yr |
2304, Paloma 3 in numbers
- Sold once: by Emaar on 29 March 2011 for AED 898,888, or AED 1,008 per sqft.
- Rented since May 2013 on 9 Ejari contracts, from AED 115,000 to AED 91,350 a year.
- At AED 91,350 a year the gross yield on the 2011 price is 10.2%, before a service charge of about AED 17,700 a year (AED 19.81 per sqft).
Source: Dubai Land Department. Updated 1 February 2025.
Questions about 2304, Paloma 3
What did unit 2304 last sell for?
AED 898,888 on 29 March 2011, sold by the developer: AED 1,008 per sqft for 891 sqft. It is the only registered sale of the unit.
What is the rent for unit 2304?
AED 91,350 a year on the contract renewed on 1 February 2025. The previous contract, from February 2024, was AED 87,000; the unit has been rented since May 2013.
How big is unit 2304?
891 sqft (82.8 sqm): a one-bedroom apartment on the 23rd floor of a 38-storey tower completed in 2008.
What is unit 2304 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 2304? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 2304, Paloma 3
Starts from the last sale price (AED 899K, 29 March 2011). Switch to today's estimate once you have unlocked it.- Price
- AED 898,888
- Deposit, UAE resident (20%)
- AED 179,778
- Deposit, non-resident (40%)
- AED 359,555
- Monthly over 25 years at 3.7%
- AED 3,678
Plus AED 42,764 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →