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1-bed · 891 sqftPaloma 3, Dubai Marina · 7th floor · completed 2008

704, Paloma 3

Sold prices and rental history: sold 3 times, last in April 2025, and rented since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 704 · DLD and Ejari recordsUpdated 15 July 2025
Last soldAED 2.3M8 April 2025
Current rentAED 88K /yr15 July 2025
Estimated yieldfree after one verification
Today's valuefree after one verification
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Property timeline for 704, Paloma 3

What is 704 worth today?

Last sold for AED 2,300,000 in 2025

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15 Jul 2025RentedNew contract
AED 88,000/yr12 months · AED 98 per sqft
8 Apr 2025SoldReady
AED 2,300,000AED 2,581 per sqft
2 Jan 2020RentedNew contract
AED 95,680/yr12 months · AED 107 per sqft
19 Nov 2019SoldReady
AED 1,000,000AED 1,122 per sqft
29 May 2013RentedNew contract
AED 85,500/yr12 months · AED 96 per sqft
25 Jun 2009Sold by developerReady
AED 802,888AED 901 per sqft

Source: Dubai Land Department. Updated 15 July 2025.

Key facts

Type
1-bed apartment
Size
891 sqft
Floor
7th of 38
Parking
P1 - 1224
Developer
Emaar
Completed
2008
Service charge
AED 17,700 /yr
Last sold
AED 2.3M · April 2025
Building
Paloma 3

About 704, Paloma 3

704 is a one-bedroom apartment of 891 sqft on the 7th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 8 April 2025 for AED 2,300,000, or AED 2,581 per sqft, 14% above the AED 2,272 one-beds in the building were fetching at the time.

It has been rented since 2013 on 3 Ejari contracts. The current contract, signed on 15 July 2025, is AED 88,000 a year: a gross yield of 3.8% on the 2025 price, before the service charge of about AED 17,700 a year.

Sales and rents for 704 over time

Sales
Unit 704, each saleTypical one-bed in Paloma 3
1M2M2009201420192024Typical sale price by year: 2009 AED 909,013; 2010 AED 914,888; 2011 AED 1,133,000; 2012 AED 1,000,000; 2013 AED 1,325,000; 2014 AED 1,950,000; 2015 AED 1,750,000; 2017 AED 1,640,000; 2019 AED 950,000; 2020 AED 700,000; 2021 AED 1,400,000; 2022 AED 1,575,000; 2023 AED 1,865,000; 2024 AED 2,000,000; 2025 AED 2,010,000Sold by developer, June 2009: AED 802,888 (AED 901 per sqft)Sold, November 2019: AED 1,000,000 (AED 1,122 per sqft)Sold, April 2025: AED 2,300,000 (AED 2,581 per sqft)

704 has sold 3 times; the dashed line is the one-bed median of each year in the building.

Rents
Unit 704, each contractTypical one-bed in Paloma 3
80K100K120K2012201620202024Typical rent by year: 2012 AED 97,500; 2013 AED 107,000; 2014 AED 117,750; 2015 AED 122,000; 2016 AED 125,000; 2017 AED 120,000; 2018 AED 110,000; 2019 AED 100,000; 2020 AED 85,000; 2021 AED 85,000; 2022 AED 89,250; 2023 AED 101,500; 2024 AED 115,000; 2025 AED 111,000; 2026 AED 114,200New contract, May 2013: AED 85,500 a yearNew contract, January 2020: AED 95,680 a yearNew contract, July 2025: AED 88,000 a year

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 704 sits

All 65 1-beds →

704 last sold in April 2025 at AED 2,581 per sqft, 14% above what one-beds in Paloma 3 were fetching at the time (AED 2,272). 704's AED 88,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 May 20251,970,000
28 Mar 20251,915,000
13 Jan 20252,050,000
22 Oct 20242,000,000
0 1-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
7032-bedAED 1.84M · Dec 2010
7051-bedAED 1.97M · May 2025

704, Paloma 3 in numbers

  • Sold 3 times: first on 25 June 2009 for AED 802,888, last on 8 April 2025 for AED 2,300,000 (AED 2,581 per sqft).
  • Rented since May 2013 on 3 Ejari contracts, from AED 85,500 to AED 88,000 a year.
  • At AED 88,000 a year the gross yield on the 2025 price is 3.8%, before a service charge of about AED 17,700 a year (AED 19.81 per sqft).

Source: Dubai Land Department. Updated 15 July 2025.

Questions about 704, Paloma 3

What did unit 704 last sell for?

AED 2,300,000 on 8 April 2025: AED 2,581 per sqft for 891 sqft. The unit has 3 registered sales; the first was AED 802,888 in June 2009.

What is the rent for unit 704?

AED 88,000 a year on the contract signed on 15 July 2025. The previous contract, from January 2020, was AED 95,680; the unit has been rented since May 2013.

How big is unit 704?

891 sqft (82.8 sqm): a one-bedroom apartment on the 7th floor of a 38-storey tower completed in 2008.

What is unit 704 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 704, Paloma 3

Starts from the last sale price (AED 2.3M, 8 April 2025). Switch to today's estimate once you have unlocked it.
Price
AED 2,300,000
Deposit, UAE resident (20%)
AED 460,000
Deposit, non-resident (40%)
AED 920,000
Monthly over 25 years at 3.7%
AED 9,410

Plus AED 101,610 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →