2-bed · 1,664 sqftPaloma 3, Dubai Marina · 7th floor · completed 2008

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.

Unit 703 · DLD and Ejari recordsUpdated 26 March 2025
Last soldAED 2M14 December 2010
Current rentAED 150K /yr26 March 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 703, Paloma 3

What is 703 worth today?

Last sold for AED 2,000,000 in 2010

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26 Mar 2025RentedRenewal
AED 150,000/yr12 months · AED 90 per sqft
26 Mar 2024RentedRenewal
AED 150,000/yr12 months · AED 90 per sqft
25 Mar 2022RentedNew contract
AED 150,000/yr12 months · AED 90 per sqft
6 Dec 2021RentedRenewal
AED 170,000/yr12 months · AED 103 per sqft
6 Dec 2020RentedRenewal
AED 170,000/yr12 months · AED 103 per sqft
6 Dec 2019RentedNew contract
AED 175,000/yr12 months · AED 105 per sqft
6 Dec 2018RentedRenewal
AED 175,000/yr12 months · AED 105 per sqft
5 Dec 2016RentedNew contract
AED 202,909/yr12 months · AED 122 per sqft

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

Sales
Unit 703, 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 2010: AED 2,000,000 (AED 1,201 per sqft)Sold, December 2010: AED 1,844,888 (AED 1,108 per sqft)

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

Rents
Unit 703, each contractTypical two-bed in Paloma 3
150K200K2013201720212025Typical 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 170,000New contract, December 2013: AED 190,000 a yearNew contract, March 2016: AED 190,000 a yearNew contract, December 2016: AED 202,909 a yearRenewal, December 2018: AED 175,000 a yearNew contract, December 2019: AED 175,000 a yearRenewal, December 2020: AED 170,000 a yearRenewal, December 2021: AED 170,000 a yearNew contract, March 2022: AED 150,000 a yearRenewal, March 2024: AED 150,000 a yearRenewal, March 2025: AED 150,000 a year

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 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 7th floor

All 181 units in Paloma 3
Value
7012-bedAED 1.31M · Dec 2011
7023-bedAED 3.95M · Feb 2023
7041-bedAED 2.3M · Apr 2025
7051-bedAED 1.97M · May 2025

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 →