2-bed · 1,443 sqftPaloma 3, Dubai Marina · 25th floor · completed 2008

2501, Paloma 3

Sold prices and rental history: sold twice, last in June 2021, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2501 · DLD and Ejari recordsUpdated 19 September 2021
Last soldAED 1.95M1 June 2021
Current rentAED 130K /yr19 September 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2501, Paloma 3

What is 2501 worth today?

Last sold for AED 1,950,000 in 2021

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19 Sep 2021RentedNew contract
AED 130,000/yr12 months · AED 90 per sqft
1 Jun 2021SoldReady
AED 1,950,000AED 1,351 per sqft
29 Aug 2019RentedRenewal
AED 155,000/yr12 months · AED 107 per sqft
29 Aug 2017RentedRenewal
AED 180,000/yr12 months · AED 125 per sqft
29 Aug 2015RentedNew contract
AED 180,000/yr12 months · AED 125 per sqft
17 Aug 2014RentedNew contract
AED 185,000/yr12 months · AED 128 per sqft
25 Feb 2013Sold by developerReady
AED 2,987,000AED 2,069 per sqft

Source: Dubai Land Department. Updated 19 September 2021.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
25th of 38
Parking
P3 - 3109
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 1.95M · June 2021
Building
Paloma 3

About 2501, Paloma 3

2501 is a two-bedroom apartment of 1,443 sqft on the 25th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 1 June 2021 for AED 1,950,000, or AED 1,351 per sqft, in line with the AED 1,351 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, signed on 19 September 2021, is AED 130,000 a year: a gross yield of 6.7% on the 2021 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2501 over time

Sales
Unit 2501, 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, February 2013: AED 2,987,000 (AED 2,069 per sqft)Sold, June 2021: AED 1,950,000 (AED 1,351 per sqft)

2501 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2501, each contractTypical two-bed in Paloma 3
150K2013201720212025Typical 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 170,000New contract, August 2014: AED 185,000 a yearNew contract, August 2015: AED 180,000 a yearRenewal, August 2017: AED 180,000 a yearRenewal, August 2019: AED 155,000 a yearNew contract, September 2021: AED 130,000 a year

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 2501 sits

All 71 2-beds →

2501 last sold in June 2021 at AED 1,351 per sqft, in line with what two-beds in Paloma 3 were fetching at the time (AED 1,351). 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. 2501's AED 130,000 is at the bottom of that range.

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 25th floor

All 181 units in Paloma 3
Value
25023-bedAED 4.33M · Apr 2015
25032-bedAED 4.12M · Aug 2010
25041-bedAED 1.6M · Aug 2022
25051-bedAED 1.58M · Jul 2022

2501, Paloma 3 in numbers

  • Sold twice: first on 25 February 2013 for AED 2,987,000, last on 1 June 2021 for AED 1,950,000 (AED 1,351 per sqft).
  • Rented since August 2014 on 5 Ejari contracts, from AED 185,000 to AED 130,000 a year.
  • At AED 130,000 a year the gross yield on the 2021 price is 6.7%, before a service charge of about AED 28,600 a year (AED 19.81 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 19 September 2021.

Questions about 2501, Paloma 3

What did unit 2501 last sell for?

AED 1,950,000 on 1 June 2021: AED 1,351 per sqft for 1,443 sqft. The unit has 2 registered sales; the first was AED 2,987,000 in February 2013.

What is the rent for unit 2501?

AED 130,000 a year on the contract signed on 19 September 2021. The previous contract, from August 2019, was AED 155,000; the unit has been rented since August 2014.

How big is unit 2501?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 25th floor of a 38-storey tower completed in 2008.

What is unit 2501 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 2501, Paloma 3

Starts from the last sale price (AED 1.95M, 1 June 2021). Switch to today's estimate once you have unlocked it.
Price
AED 1,950,000
Deposit, UAE resident (20%)
AED 390,000
Deposit, non-resident (40%)
AED 780,000
Monthly over 25 years at 3.7%
AED 7,978

Plus AED 86,910 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →