
703, Paloma 3
Sold prices and rental history: sold twice, last in December 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 703, Paloma 3
What is 703 worth today?
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Source: Dubai Land Department. Updated 26 March 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 1,664 sqft
- Floor
- 7th of 38
- Parking
- P1 - 1242
- Developer
- Emaar
- Completed
- 2008
- Service charge
- AED 33,000 /yr
- Last sold
- AED 2M · December 2010
- Building
- Paloma 3
About 703, Paloma 3
703 is a two-bedroom apartment of 1,664 sqft on the 7th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. The developer sold it on 14 December 2010 for AED 2,000,000, or AED 1,201 per sqft, 8% above the AED 1,107 two-beds in the building were fetching at the time.
It has been rented continuously since 2013 on 10 Ejari contracts. The current contract, renewed on 26 March 2025, is AED 150,000 a year: a gross yield of 7.5% on the 2010 price, before the service charge of about AED 33,000 a year.
Sales and rents for 703 over time
703 has sold twice; 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 703 sits
All 71 2-beds →703 last sold in December 2010 at AED 1,201 per sqft, 8% above what two-beds in Paloma 3 were fetching at the time (AED 1,107). 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. 703's AED 150,000 is in the lower half 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 7th floor
All 181 units in Paloma 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 2-bed | 1,443 sqft | AED 1.31MAED 1,312,888 · Dec 2011December 2011 | 90,000 /yr | |
| 702 | 3-bed | 2,098 sqft | AED 3.95MAED 3,950,000 · Feb 2023February 2023 | 190,000 /yr | |
| 704 | 1-bed | 891 sqft | AED 2.3MAED 2,300,000 · Apr 2025April 2025 | 88,000 /yr | |
| 705 | 1-bed | 1,036 sqft | AED 1.97MAED 1,970,000 · May 2025May 2025 | 105,000 /yr |
703, Paloma 3 in numbers
- Sold twice: first on 14 December 2010 for AED 1,844,888, last on 14 December 2010 for AED 2,000,000 (AED 1,201 per sqft).
- Rented since December 2013 on 10 Ejari contracts, from AED 190,000 to AED 150,000 a year.
- At AED 150,000 a year the gross yield on the 2010 price is 7.5%, before a service charge of about AED 33,000 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 26 March 2025.
Questions about 703, Paloma 3
What did unit 703 last sell for?
AED 2,000,000 on 14 December 2010, sold by the developer: AED 1,201 per sqft for 1,664 sqft. The unit has 2 registered sales; the first was AED 1,844,888 in December 2010.
What is the rent for unit 703?
AED 150,000 a year on the contract renewed on 26 March 2025. The previous contract, from March 2024, was AED 150,000; the unit has been rented since December 2013.
How big is unit 703?
1,664 sqft (154.6 sqm): a two-bedroom apartment on the 7th floor of a 38-storey tower completed in 2008.
What is unit 703 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 703, Paloma 3
Starts from the last sale price (AED 2M, 14 December 2010). Switch to today's estimate once you have unlocked it.- Price
- AED 2,000,000
- Deposit, UAE resident (20%)
- AED 400,000
- Deposit, non-resident (40%)
- AED 800,000
- Monthly over 25 years at 3.7%
- AED 8,183
Plus AED 89,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →