3704, Paloma 3
Sold prices and rental history: sold once, by the developer in February 2012, and rented continuously since 2014. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 3704, Paloma 3
What is 3704 worth today?
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Source: Dubai Land Department. Updated 8 January 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,834 sqft
- Floor
- 37th of 38
- Parking
- P1 - 1247
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 36,300 /yr
- Last sold
- AED 1.8M · February 2012
- Building
- Paloma 3
About 3704, Paloma 3
3704 is a two-bedroom apartment of 1,834 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 27 February 2012 for AED 1,796,888, or AED 979 per sqft, 15% below the AED 1,147 two-beds in the building were fetching at the time.
It has been rented continuously since 2014 on 6 Ejari contracts. The current contract, signed on 8 January 2025, is AED 215,000 a year: a gross yield of 12.0% on the 2012 price, before the service charge of about AED 36,300 a year.
Sales and rents for 3704 over time
3704 has sold once; the dashed line is the two-bed median of each year in the building.
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 3704 sits
All 71 2-beds →3704 last sold in February 2012 at AED 979 per sqft, 15% below what two-beds in Paloma 3 were fetching at the time (AED 1,147). 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. 3704's AED 215,000 is at the top of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 11 Feb 202611 February 2026 | 1,664 sqft | 3,100,000 | 1,862 | ||
| 2 Jan 20262 January 2026 | 1,443 sqft | 44,272 | 30 | ||
| 10 Dec 202510 December 2025 | 1,443 sqft | 3,375,000 | 2,338 | ||
| 9 Dec 20259 December 2025 | 1,664 sqft | 4,300,000 | 2,584 |
Paloma 3
Building181 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%
Other units on the 37th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 3701 | Studio | 778 sqft | AED 1.63MAED 1,630,000 · Nov 2024November 2024 | 105,000 /yr | |
| 3702 | 1-bed | 1,092 sqft | AED 1.08MAED 1,084,888 · Jun 2010June 2010 | 90,000 /yr | |
| 3703 | 2-bed | 1,627 sqft | AED 2.9MAED 2,900,000 · Nov 2016November 2016 | 175,000 /yr | |
| 3705 | 2-bed | 1,573 sqft | AED 3.1MAED 3,100,000 · Nov 2014November 2014 | 170,000 /yr |
3704, Paloma 3 in numbers
- Sold once: by Emaar on 27 February 2012 for AED 1,796,888, or AED 979 per sqft.
- Rented since October 2014 on 6 Ejari contracts. The rent fell from AED 155,000 to AED 135,000 in 2019 and recovered to AED 215,000 by January 2025.
- At AED 215,000 a year the gross yield on the 2012 price is 12.0%, before a service charge of about AED 36,300 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 8 January 2025.
Questions about 3704, Paloma 3
What did unit 3704 last sell for?
AED 1,796,888 on 27 February 2012, sold by the developer: AED 979 per sqft for 1,834 sqft. It is the only registered sale of the unit.
What is the rent for unit 3704?
AED 215,000 a year on the contract signed on 8 January 2025. The previous contract, from May 2019, was AED 135,000; the unit has been rented since October 2014.
How big is unit 3704?
1,834 sqft (170.4 sqm): a two-bedroom apartment on the 37th floor of a 38-storey tower completed in 2008.
What is unit 3704 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 3704, Paloma 3
Starts from the last sale price (AED 1.8M, 27 February 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,796,888
- Deposit, UAE resident (20%)
- AED 359,378
- Deposit, non-resident (40%)
- AED 718,755
- Monthly over 25 years at 3.7%
- AED 7,352
Plus AED 80,480 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →