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

301, Paloma 3

Sold prices and rental history: sold once, by the developer in November 2011, and rented continuously since 2015. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 301 · DLD and Ejari recordsUpdated 15 January 2025
Last soldAED 2.14M16 November 2011
Current rentAED 134K /yr15 January 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 301, Paloma 3

What is 301 worth today?

Last sold for AED 2,142,351 in 2011

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15 Jan 2025RentedNew contract
AED 134,049/yr15 months · AED 93 per sqft
29 Apr 2024RentedRenewal
AED 125,000/yr12 months · AED 87 per sqft
29 Apr 2023RentedRenewal
AED 125,000/yr12 months · AED 87 per sqft
29 Apr 2022RentedNew contract
AED 125,000/yr12 months · AED 87 per sqft
1 Dec 2021RentedRenewal
AED 120,000/yr3 months · AED 83 per sqft
1 Sep 2021RentedRenewal
AED 105,000/yr3 months · AED 73 per sqft
22 Jul 2017RentedRenewal
AED 157,437/yr12 months · AED 109 per sqft
22 Jul 2016RentedRenewal
AED 157,000/yr12 months · AED 109 per sqft

Source: Dubai Land Department. Updated 15 January 2025.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
3rd of 38
Parking
P2 - 2319
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 2.14M · November 2011
Building
Paloma 3

About 301, Paloma 3

301 is a two-bedroom apartment of 1,443 sqft on the 3rd floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 16 November 2011 for AED 2,142,351, or AED 1,484 per sqft, 29% above the AED 1,151 two-beds in the building were fetching at the time.

It has been rented continuously since 2015 on 9 Ejari contracts. The current contract, signed on 15 January 2025, is AED 134,049 a year: a gross yield of 6.3% on the 2011 price, before the service charge of about AED 28,600 a year.

Sales and rents for 301 over time

Sales
Unit 301, 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, November 2011: AED 2,142,351 (AED 1,484 per sqft)

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

Rents
Unit 301, each contractTypical two-bed in Paloma 3
100K150K2013201720212025Typical 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, July 2015: AED 157,000 a yearRenewal, July 2016: AED 157,000 a yearRenewal, July 2017: AED 157,437 a yearRenewal, September 2021: AED 105,000 a yearRenewal, December 2021: AED 120,000 a yearNew contract, April 2022: AED 125,000 a yearRenewal, April 2023: AED 125,000 a yearRenewal, April 2024: AED 125,000 a yearNew contract, January 2025: AED 134,049 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 301 sits

All 71 2-beds →

301 last sold in November 2011 at AED 1,484 per sqft, 29% above what two-beds in Paloma 3 were fetching at the time (AED 1,151). 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. 301's AED 134,049 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 3rd floor

All 181 units in Paloma 3
Value
3023-bedAED 5M · Aug 2010
3032-bedAED 2.75M · Jul 2021
3041-bedAED 779K · Jun 2009
3051-bedAED 795K · Aug 2010

301, Paloma 3 in numbers

  • Sold once: by Emaar on 16 November 2011 for AED 2,142,351, or AED 1,484 per sqft.
  • Rented since July 2015 on 9 Ejari contracts. The rent fell from AED 157,000 to AED 105,000 in 2021 and recovered to AED 134,049 by January 2025.
  • At AED 134,049 a year the gross yield on the 2011 price is 6.3%, 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 15 January 2025.

Questions about 301, Paloma 3

What did unit 301 last sell for?

AED 2,142,351 on 16 November 2011, sold by the developer: AED 1,484 per sqft for 1,443 sqft. It is the only registered sale of the unit.

What is the rent for unit 301?

AED 134,049 a year on the contract signed on 15 January 2025. The previous contract, from April 2024, was AED 125,000; the unit has been rented since July 2015.

How big is unit 301?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 3rd floor of a 38-storey tower completed in 2008.

What is unit 301 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 301, Paloma 3

Starts from the last sale price (AED 2.14M, 16 November 2011). Switch to today's estimate once you have unlocked it.
Price
AED 2,142,351
Deposit, UAE resident (20%)
AED 428,470
Deposit, non-resident (40%)
AED 856,940
Monthly over 25 years at 3.7%
AED 8,765

Plus AED 94,989 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →