Home
Dubai prices
About
Research
1-bed · 1,092 sqftPaloma 3, Dubai Marina · 37th floor · completed 2008

3702, Paloma 3

Sold prices and rental history: sold once, by the developer in June 2010, and rented continuously since 2017. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 3702 · DLD and Ejari recordsUpdated 1 October 2024
Last soldAED 1.08M3 June 2010
Current rentAED 90K /yr1 October 2024
Estimated yieldfree after one verification
Today's valuefree after one verification
Follow 3702

Property timeline for 3702, Paloma 3

What is 3702 worth today?

Last sold for AED 1,084,888 in 2010

Unlock today's estimate, updated daily, with

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

1 Oct 2024RentedRenewal
AED 90,000/yr12 months · AED 83 per sqft
1 Oct 2023RentedRenewal
AED 90,000/yr12 months · AED 83 per sqft
1 Oct 2022RentedRenewal
AED 85,000/yr12 months · AED 78 per sqft
14 Sep 2017RentedNew contract
AED 120,000/yr12 months · AED 110 per sqft
3 Jun 2010Sold by developerReady
AED 1,084,888AED 993 per sqft

Source: Dubai Land Department. Updated 1 October 2024.

Key facts

Type
1-bed apartment
Size
1,092 sqft
Floor
37th of 38
Parking
P2 - 2325
Developer
Emaar
Completed
2008
Service charge
AED 21,600 /yr
Last sold
AED 1.08M · June 2010
Building
Paloma 3

About 3702, Paloma 3

3702 is a one-bedroom apartment of 1,092 sqft on the 37th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 3 June 2010 for AED 1,084,888, or AED 993 per sqft, in line with the AED 1,016 one-beds in the building were fetching at the time.

It has been rented continuously since 2017 on 4 Ejari contracts. The current contract, renewed on 1 October 2024, is AED 90,000 a year: a gross yield of 8.3% on the 2010 price, before the service charge of about AED 21,600 a year.

Sales and rents for 3702 over time

Sales
Unit 3702, each saleTypical one-bed in Paloma 3
1M2M2009201420192024Typical sale price by year: 2009 AED 909,013; 2010 AED 914,888; 2011 AED 1,133,000; 2012 AED 1,000,000; 2013 AED 1,325,000; 2014 AED 1,950,000; 2015 AED 1,750,000; 2017 AED 1,640,000; 2019 AED 950,000; 2020 AED 700,000; 2021 AED 1,400,000; 2022 AED 1,575,000; 2023 AED 1,865,000; 2024 AED 2,000,000; 2025 AED 2,010,000Sold by developer, June 2010: AED 1,084,888 (AED 993 per sqft)

3702 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 3702, each contractTypical one-bed in Paloma 3
80K100K120K2012201620202024Typical rent by year: 2012 AED 97,500; 2013 AED 107,000; 2014 AED 117,750; 2015 AED 122,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 89,250; 2023 AED 101,500; 2024 AED 115,000; 2025 AED 111,000; 2026 AED 114,200New contract, September 2017: AED 120,000 a yearRenewal, October 2022: AED 85,000 a yearRenewal, October 2023: AED 90,000 a yearRenewal, October 2024: AED 90,000 a year

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 3702 sits

All 65 1-beds →

3702 last sold in June 2010 at AED 993 per sqft, in line with what one-beds in Paloma 3 were fetching at the time (AED 1,016). 3702's AED 90,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 May 20251,970,000
8 Apr 20252,300,000
28 Mar 20251,915,000
13 Jan 20252,050,000
0 1-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 37th floor

All 181 units in Paloma 3
Value
3701StudioAED 1.63M · Nov 2024
37032-bedAED 2.9M · Nov 2016
37042-bedAED 1.8M · Feb 2012
37052-bedAED 3.1M · Nov 2014

3702, Paloma 3 in numbers

  • Sold once: by Emaar on 3 June 2010 for AED 1,084,888, or AED 993 per sqft.
  • Rented since September 2017 on 4 Ejari contracts, from AED 120,000 to AED 90,000 a year.
  • At AED 90,000 a year the gross yield on the 2010 price is 8.3%, before a service charge of about AED 21,600 a year (AED 19.81 per sqft).

Source: Dubai Land Department. Updated 1 October 2024.

Questions about 3702, Paloma 3

What did unit 3702 last sell for?

AED 1,084,888 on 3 June 2010, sold by the developer: AED 993 per sqft for 1,092 sqft. It is the only registered sale of the unit.

What is the rent for unit 3702?

AED 90,000 a year on the contract renewed on 1 October 2024. The previous contract, from October 2023, was AED 90,000; the unit has been rented since September 2017.

How big is unit 3702?

1,092 sqft (101.5 sqm): a one-bedroom apartment on the 37th floor of a 38-storey tower completed in 2008.

What is unit 3702 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 3702? 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 3702, Paloma 3

Starts from the last sale price (AED 1.08M, 3 June 2010). Switch to today's estimate once you have unlocked it.
Price
AED 1,084,888
Deposit, UAE resident (20%)
AED 216,978
Deposit, non-resident (40%)
AED 433,955
Monthly over 25 years at 3.7%
AED 4,439

Plus AED 50,576 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →