2-bed · 1,443 sqftPaloma 3, Dubai Marina · 34th floor · completed 2008

3401, Paloma 3

Sold prices and rental history: sold twice, last in July 2017, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3401 · DLD and Ejari recordsUpdated 1 December 2021
Last soldAED 2.6M5 July 2017
Current rentAED 121K /yr1 December 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 3401, Paloma 3

What is 3401 worth today?

Last sold for AED 2,600,000 in 2017

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

1 Dec 2021RentedRenewal
AED 121,000/yr12 months · AED 84 per sqft
1 Dec 2020RentedNew contract
AED 110,000/yr12 months · AED 76 per sqft
5 Jul 2017SoldReady
AED 2,600,000AED 1,801 per sqft
22 Oct 2016RentedRenewal
AED 180,000/yr12 months · AED 125 per sqft
17 Feb 2015RentedNew contract
AED 180,000/yr12 months · AED 125 per sqft
17 Feb 2014RentedNew contract
AED 180,000/yr12 months · AED 125 per sqft
2 Jun 2009Sold by developerReady
AED 3,200,000AED 2,217 per sqft

Source: Dubai Land Department. Updated 1 December 2021.

Key facts

Type
2-bed apartment
Size
1,443 sqft
Floor
34th of 38
Parking
P1 - 1189
Developer
Emaar
Completed
2008
Service charge
AED 28,600 /yr
Last sold
AED 2.6M · July 2017
Building
Paloma 3

About 3401, Paloma 3

3401 is a two-bedroom apartment of 1,443 sqft on the 34th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 5 July 2017 for AED 2,600,000, or AED 1,801 per sqft, in line with the AED 1,767 two-beds in the building were fetching at the time.

It has been rented continuously since 2014 on 5 Ejari contracts. The current contract, renewed on 1 December 2021, is AED 121,000 a year: a gross yield of 4.7% on the 2017 price, before the service charge of about AED 28,600 a year.

Sales and rents for 3401 over time

Sales
Unit 3401, 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, June 2009: AED 3,200,000 (AED 2,217 per sqft)Sold, July 2017: AED 2,600,000 (AED 1,801 per sqft)

3401 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents
Unit 3401, 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, February 2014: AED 180,000 a yearNew contract, February 2015: AED 180,000 a yearRenewal, October 2016: AED 180,000 a yearNew contract, December 2020: AED 110,000 a yearRenewal, December 2021: AED 121,000 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 3401 sits

All 71 2-beds →

3401 last sold in July 2017 at AED 1,801 per sqft, in line with what two-beds in Paloma 3 were fetching at the time (AED 1,767). 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. 3401's AED 121,000 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 34th floor

All 181 units in Paloma 3
Value
34023-bedAED 4.38M · Nov 2014
34032-bedAED 4.05M · Jun 2025
34041-bedAED 965K · Dec 2011
34051-bedAED 1.35M · May 2019

3401, Paloma 3 in numbers

  • Sold twice: first on 2 June 2009 for AED 3,200,000, last on 5 July 2017 for AED 2,600,000 (AED 1,801 per sqft).
  • Rented since February 2014 on 5 Ejari contracts, from AED 180,000 to AED 121,000 a year.
  • At AED 121,000 a year the gross yield on the 2017 price is 4.7%, 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 1 December 2021.

Questions about 3401, Paloma 3

What did unit 3401 last sell for?

AED 2,600,000 on 5 July 2017: AED 1,801 per sqft for 1,443 sqft. The unit has 2 registered sales; the first was AED 3,200,000 in June 2009.

What is the rent for unit 3401?

AED 121,000 a year on the contract renewed on 1 December 2021. The previous contract, from December 2020, was AED 110,000; the unit has been rented since February 2014.

How big is unit 3401?

1,443 sqft (134.1 sqm): a two-bedroom apartment on the 34th floor of a 38-storey tower completed in 2008.

What is unit 3401 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.

Selling 3401? 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.

How OpenOffers works

Mortgage on 3401, Paloma 3

Starts from the last sale price (AED 2.6M, 5 July 2017). Switch to today's estimate once you have unlocked it.
Price
AED 2,600,000
Deposit, UAE resident (20%)
AED 520,000
Deposit, non-resident (40%)
AED 1,040,000
Monthly over 25 years at 3.7%
AED 10,637

Plus AED 114,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →