1-bed · 891 sqftPaloma 3, Dubai Marina · 9th floor · completed 2008

904, Paloma 3

Sold prices and rental history: sold 3 times, last in April 2022, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 904 · DLD and Ejari recordsUpdated 14 April 2022
Last soldAED 1.54M14 April 2022
Current rentAED 80K /yr1 April 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 904, Paloma 3

What is 904 worth today?

Last sold for AED 1,540,000 in 2022

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Apr 2022SoldReady
AED 1,540,000AED 1,728 per sqft
1 Apr 2021RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
1 Jun 2020RentedNew contract
AED 80,000/yr12 months · AED 90 per sqft
25 Aug 2018RentedNew contract
AED 110,000/yr12 months · AED 123 per sqft
1 Jun 2014SoldReady
AED 2,200,000AED 2,469 per sqft
8 Oct 2013RentedNew contract
AED 120,000/yr12 months · AED 134 per sqft
17 Dec 2009Sold by developerReady
AED 407,444AED 457 per sqft

Source: Dubai Land Department. Updated 14 April 2022.

Key facts

Type
1-bed apartment
Size
891 sqft
Floor
9th of 38
Parking
P1 - 1226
Developer
Emaar
Completed
2008
Service charge
AED 17,700 /yr
Last sold
AED 1.54M · April 2022
Building
Paloma 3

About 904, Paloma 3

904 is a one-bedroom apartment of 891 sqft on the 9th floor of Paloma 3, a 38-storey tower in Dubai Marina completed in 2008 by Emaar. It last sold on 14 April 2022 for AED 1,540,000, or AED 1,728 per sqft, 17% above the AED 1,473 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 4 Ejari contracts. The current contract, signed on 1 April 2021, is AED 80,000 a year: a gross yield of 5.2% on the 2022 price, before the service charge of about AED 17,700 a year.

Sales and rents for 904 over time

Sales
Unit 904, 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, December 2009: AED 407,444 (AED 457 per sqft)Sold, June 2014: AED 2,200,000 (AED 2,469 per sqft)Sold, April 2022: AED 1,540,000 (AED 1,728 per sqft)

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

Rents
Unit 904, each contractTypical one-bed in Paloma 3
75K100K125K2012201620202024Typical 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, October 2013: AED 120,000 a yearNew contract, August 2018: AED 110,000 a yearNew contract, June 2020: AED 80,000 a yearNew contract, April 2021: AED 80,000 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 904 sits

All 65 1-beds →

904 last sold in April 2022 at AED 1,728 per sqft, 17% above what one-beds in Paloma 3 were fetching at the time (AED 1,473). 904's AED 80,000 is at the bottom of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
7 May 20251,970,000
8 Apr 20252,300,000
28 Mar 20251,915,000
13 Jan 20252,050,000
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 9th floor

All 181 units in Paloma 3
Value
9012-bedAED 1.33M · Dec 2009
9023-bedAED 3.95M · May 2016
9032-bedAED 2.34M · Nov 2012
9051-bedAED 840K · Jun 2009

904, Paloma 3 in numbers

  • Sold 3 times: first on 17 December 2009 for AED 407,444, last on 14 April 2022 for AED 1,540,000 (AED 1,728 per sqft).
  • Rented since October 2013 on 4 Ejari contracts, from AED 120,000 to AED 80,000 a year.
  • At AED 80,000 a year the gross yield on the 2022 price is 5.2%, before a service charge of about AED 17,700 a year (AED 19.81 per sqft).

Source: Dubai Land Department. Updated 14 April 2022.

Questions about 904, Paloma 3

What did unit 904 last sell for?

AED 1,540,000 on 14 April 2022: AED 1,728 per sqft for 891 sqft. The unit has 3 registered sales; the first was AED 407,444 in December 2009.

What is the rent for unit 904?

AED 80,000 a year on the contract signed on 1 April 2021. The previous contract, from June 2020, was AED 80,000; the unit has been rented since October 2013.

How big is unit 904?

891 sqft (82.8 sqm): a one-bedroom apartment on the 9th floor of a 38-storey tower completed in 2008.

What is unit 904 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

Selling 904? Put it on the OpenOffers board

Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.

How OpenOffers works

Mortgage on 904, Paloma 3

Starts from the last sale price (AED 1.54M, 14 April 2022). Switch to today's estimate once you have unlocked it.
Price
AED 1,540,000
Deposit, UAE resident (20%)
AED 308,000
Deposit, non-resident (40%)
AED 616,000
Monthly over 25 years at 3.7%
AED 6,301

Plus AED 69,690 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →