2-bed · 1,664 sqftPaloma 3, Dubai Marina · 6th floor · completed 2008

603, Paloma 3

Sold prices and rental history: sold once, by the developer in December 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 603 · DLD and Ejari recordsUpdated 27 December 2009
Last soldAED 1.84M27 December 2009
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 603, Paloma 3

What is 603 worth today?

Last sold for AED 1,838,888 in 2009

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27 Dec 2009Sold by developerReady
AED 1,838,888AED 1,105 per sqft

Source: Dubai Land Department. Updated 27 December 2009.

Key facts

Type
2-bed apartment
Size
1,664 sqft
Floor
6th of 38
Parking
P1 - 1244
Developer
Emaar
Completed
2008
Service charge
AED 33,000 /yr
Last sold
AED 1.84M · December 2009
Building
Paloma 3

About 603, Paloma 3

603 is a two-bedroom apartment of 1,664 sqft on the 6th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 27 December 2009 for AED 1,838,888, or AED 1,105 per sqft, 5% above the AED 1,055 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 603 over time

Sales
Unit 603, 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, December 2009: AED 1,838,888 (AED 1,105 per sqft)

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

Rents
Unit 603, 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 170,000

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 603 sits

All 71 2-beds →

603 last sold in December 2009 at AED 1,105 per sqft, 5% above what two-beds in Paloma 3 were fetching at the time (AED 1,055). 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.

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 6th floor

All 181 units in Paloma 3
Value
6012-bedAED 1.3M · Aug 2010
6023-bedAED 2.26M · Aug 2010
6051-bedAED 825K · Aug 2010

603, Paloma 3 in numbers

  • Sold once: by Emaar on 27 December 2009 for AED 1,838,888, or AED 1,105 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 27 December 2009.

Questions about 603, Paloma 3

What did unit 603 last sell for?

AED 1,838,888 on 27 December 2009, sold by the developer: AED 1,105 per sqft for 1,664 sqft. It is the only registered sale of the unit.

How big is unit 603?

1,664 sqft (154.6 sqm): a two-bedroom apartment on the 6th floor of a 38-storey tower completed in 2008.

What is unit 603 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 603, Paloma 3

Starts from the last sale price (AED 1.84M, 27 December 2009). Switch to today's estimate once you have unlocked it.
Price
AED 1,838,888
Deposit, UAE resident (20%)
AED 367,778
Deposit, non-resident (40%)
AED 735,555
Monthly over 25 years at 3.7%
AED 7,523

Plus AED 82,244 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →