605, Paloma 3
Sold prices and rental history: sold once, by the developer in August 2010, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 605, Paloma 3
What is 605 worth today?
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Source: Dubai Land Department. Updated 1 April 2023.
Key facts
- Type
- 1-bed apartment
- Size
- 1,036 sqft
- Floor
- 6th of 38
- Parking
- P1 - 1229
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 20,500 /yr
- Last sold
- AED 825K · August 2010
- Building
- Paloma 3
About 605, Paloma 3
605 is a one-bedroom apartment of 1,036 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 18 August 2010 for AED 824,888, or AED 796 per sqft, 19% below the AED 987 one-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 7 Ejari contracts. The current contract, renewed on 1 April 2023, is AED 73,500 a year: a gross yield of 8.9% on the 2010 price, before the service charge of about AED 20,500 a year.
Sales and rents for 605 over time
605 has sold once; the dashed line is the one-bed median of each year in the building.
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 605 sits
All 65 1-beds →605 last sold in August 2010 at AED 796 per sqft, 19% below what one-beds in Paloma 3 were fetching at the time (AED 987). 605's AED 73,500 is at the bottom of that range.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 7 May 20257 May 2025 | 1,036 sqft | 1,970,000 | 1,901 | ||
| 8 Apr 20258 April 2025 | 891 sqft | 2,300,000 | 2,581 | ||
| 28 Mar 202528 March 2025 | 1,036 sqft | 1,915,000 | 1,848 | ||
| 13 Jan 202513 January 2025 | 891 sqft | 2,050,000 | 2,300 |
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 6th floor
All 181 units in Paloma 3605, Paloma 3 in numbers
- Sold once: by Emaar on 18 August 2010 for AED 824,888, or AED 796 per sqft.
- Rented since June 2013 on 7 Ejari contracts, from AED 90,000 to AED 73,500 a year.
- At AED 73,500 a year the gross yield on the 2010 price is 8.9%, before a service charge of about AED 20,500 a year (AED 19.81 per sqft).
Source: Dubai Land Department. Updated 1 April 2023.
Questions about 605, Paloma 3
What did unit 605 last sell for?
AED 824,888 on 18 August 2010, sold by the developer: AED 796 per sqft for 1,036 sqft. It is the only registered sale of the unit.
What is the rent for unit 605?
AED 73,500 a year on the contract renewed on 1 April 2023. The previous contract, from April 2022, was AED 73,500; the unit has been rented since June 2013.
How big is unit 605?
1,036 sqft (96.2 sqm): a one-bedroom apartment on the 6th floor of a 38-storey tower completed in 2008.
What is unit 605 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 605, Paloma 3
Starts from the last sale price (AED 825K, 18 August 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 824,888
- Deposit, UAE resident (20%)
- AED 164,978
- Deposit, non-resident (40%)
- AED 329,955
- Monthly over 25 years at 3.7%
- AED 3,375
Plus AED 39,656 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →