2-bed · 1,443 sqftPaloma 3, Dubai Marina · 26th floor · completed 2008

2601, Paloma 3

Sold prices and rental history: sold twice, last in October 2024, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2601 · DLD and Ejari recordsUpdated 4 October 2024
Last soldAED 2.85M4 October 2024
Current rentAED 150K /yr29 July 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2601, Paloma 3

What is 2601 worth today?

Last sold for AED 2,850,000 in 2024

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4 Oct 2024SoldReady
AED 2,850,000AED 1,975 per sqft
29 Jul 2023RentedRenewal
AED 150,000/yr12 months · AED 104 per sqft
29 Jul 2021RentedNew contract
AED 125,000/yr12 months · AED 87 per sqft
15 Jan 2020RentedNew contract
AED 125,000/yr12 months · AED 87 per sqft
15 Jan 2020RentedNew contract
AED 125,000/yr12 months · AED 87 per sqft
8 May 2018RentedRenewal
AED 175,000/yr12 months · AED 121 per sqft
8 May 2017RentedNew contract
AED 175,000/yr12 months · AED 121 per sqft
7 Mar 2016RentedNew contract
AED 175,000/yr12 months · AED 121 per sqft

Source: Dubai Land Department. Updated 4 October 2024.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
26th of 38
Parking
P1 - 1194
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 2.85M · October 2024
Building
Paloma 3

About 2601, Paloma 3

2601 is a two-bedroom apartment of 1,443 sqft on the 26th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 4 October 2024 for AED 2,850,000, or AED 1,975 per sqft, 10% below the AED 2,193 two-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 29 July 2023, is AED 150,000 a year: a gross yield of 5.3% on the 2024 price, before the service charge of about AED 28,600 a year.

Sales and rents for 2601 over time

Sales
Unit 2601, 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, April 2011: AED 1,556,888 (AED 1,078 per sqft)Sold, October 2024: AED 2,850,000 (AED 1,975 per sqft)

2601 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 2601, 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 170,000New contract, February 2013: AED 145,000 a yearNew contract, February 2014: AED 145,000 a yearNew contract, February 2015: AED 175,000 a yearNew contract, March 2016: AED 175,000 a yearNew contract, May 2017: AED 175,000 a yearRenewal, May 2018: AED 175,000 a yearNew contract, January 2020: AED 125,000 a yearNew contract, January 2020: AED 125,000 a yearNew contract, July 2021: AED 125,000 a yearRenewal, July 2023: AED 150,000 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 2601 sits

All 71 2-beds →

2601 last sold in October 2024 at AED 1,975 per sqft, 10% below what two-beds in Paloma 3 were fetching at the time (AED 2,193). 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. 2601's AED 150,000 is in the lower half 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 26th floor

All 181 units in Paloma 3
Value
26023-bedAED 4.2M · Jan 2024
26032-bedAED 3.8M · Oct 2024
26041-bedAED 700K · Feb 2019
26051-bedAED 1.3M · May 2020

2601, Paloma 3 in numbers

  • Sold twice: first on 12 April 2011 for AED 1,556,888, last on 4 October 2024 for AED 2,850,000 (AED 1,975 per sqft).
  • Rented since February 2013 on 10 Ejari contracts. The rent fell from AED 145,000 to AED 125,000 in 2021 and recovered to AED 150,000 by July 2023.
  • At AED 150,000 a year the gross yield on the 2024 price is 5.3%, 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 4 October 2024.

Questions about 2601, Paloma 3

What did unit 2601 last sell for?

AED 2,850,000 on 4 October 2024: AED 1,975 per sqft for 1,443 sqft. The unit has 2 registered sales; the first was AED 1,556,888 in April 2011.

What is the rent for unit 2601?

AED 150,000 a year on the contract renewed on 29 July 2023. The previous contract, from July 2021, was AED 125,000; the unit has been rented since February 2013.

How big is unit 2601?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 26th floor of a 38-storey tower completed in 2008.

What is unit 2601 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 2601, Paloma 3

Starts from the last sale price (AED 2.85M, 4 October 2024). 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 →