1001, Balqis Residence 1
Sold prices and rental history: sold twice, last in September 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1001, Balqis Residence 1
What is 1001 worth today?
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Source: Dubai Land Department. Updated 15 September 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 2,009 sqft
- Floor
- 10th of 11
- Parking
- B-291
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 35,800 /yr
- Last sold
- AED 2.3M · September 2021
- Building
- Balqis Residence 1
About 1001, Balqis Residence 1
1001 is a two-bedroom apartment of 2,009 sqft on the 10th floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 15 September 2021 for AED 2,300,000, or AED 1,144 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1001 over time
1001 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 Balqis Residence 1, and where 1001 sits
All 22 2-beds →Over the last 12 months two-beds sold for AED 6,500,000, around AED 3,098 per sqft, and rent for AED 125,000 to 271,500 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202525 November 2025 | 2,098 sqft | 6,500,000 | 3,098 | ||
| 22 Apr 202522 April 2025 | 2,008 sqft | 3,750,000 | 1,867 | ||
| 18 Feb 202518 February 2025 | 1,837 sqft | 3,850,000 | 2,095 | ||
| 20 Nov 202420 November 2024 | 2,098 sqft | 4,000,000 | 1,906 |
Balqis Residence 1
Building54 apartments, 2-bed to 6-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,722
- Typical sale
- AED 9.15M
- Typical rent
- AED 310K /yr
- Typical yield
- 4.0%
Other units on the 10th floor
All 54 units in Balqis Residence 11001, Balqis Residence 1 in numbers
- Sold twice: first on 20 February 2013 for AED 3,235,801, last on 15 September 2021 for AED 2,300,000 (AED 1,144 per sqft).
- Two-beds in Balqis Residence 1 sold for AED 6,500,000–6,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,722 per sqft.
Source: Dubai Land Department. Updated 15 September 2021.
Questions about 1001, Balqis Residence 1
What did unit 1001 last sell for?
AED 2,300,000 on 15 September 2021: AED 1,144 per sqft for 2,009 sqft. The unit has 2 registered sales; the first was AED 3,235,801 in February 2013.
How big is unit 1001?
2,009 sqft (186.6 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2019.
What is unit 1001 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Balqis Residence 1 sold for AED 6,500,000 to 6,500,000 in the last 12 months, around AED 3,098 per sqft.
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Mortgage on 1001, Balqis Residence 1
Starts from the last sale price (AED 2.3M, 15 September 2021). 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 the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →