203, Balqis Residence 1
Sold prices and rental history: sold once, by the developer in July 2020, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 203, Balqis Residence 1
What is 203 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 5 April 2026.
Key facts
- Type
- 5-bed apartment
- Size
- 11,300 sqft
- Floor
- 2nd of 11
- Parking
- INTEGRATED
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 201,200 /yr
- Last sold
- AED 12.05M · July 2020
- Building
- Balqis Residence 1
About 203, Balqis Residence 1
203 is a five-bedroom apartment of 11,300 sqft on the 2nd floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 6 July 2020 for AED 12,052,200, or AED 1,066 per sqft.
It has been rented continuously since 2023 on 5 Ejari contracts. The current contract, renewed on 5 April 2026, is AED 550,000 a year: a gross yield of 4.6% on the 2020 price, before the service charge of about AED 201,200 a year.
5-beds in Balqis Residence 1, and where 203 sits
All 2 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 9 Jan 20259 January 2025 | 11,446 sqft | 13,000,000 | 1,135 | ||
| 6 Apr 20236 April 2023 | 11,446 sqft | 9,300,000 | 812 |
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 305K /yr
- Typical yield
- 4.0%
Other units on the 2nd floor
All 54 units in Balqis Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 2-bed | 2,209 sqft | AED 3.8MAED 3,800,000 · May 2012May 2012 | 125,000 /yr | |
| 202 | 4-bed | 9,542 sqft | AED 11.49MAED 11,488,680 · Nov 2022November 2022 | 450,000 /yr | |
| 204 | 2-bed | 2,216 sqft | AED 2.5MAED 2,500,000 · Jun 2012June 2012 | 190,000 /yr | |
| 205 | 3-bed | 7,822 sqft | AED 8.9MAED 8,900,000 · Aug 2009August 2009 | ||
| 206 | 4-bed | 8,037 sqft | AED 10.39MAED 10,388,280 · Nov 2022November 2022 | 450,000 /yr | |
| 207 | 5-bed | 11,446 sqft | AED 13MAED 13,000,000 · Jan 2025January 2025 | 241,005 /yr | |
| 208 | 3-bed | 8,260 sqft | AED 4.05MAED 4,050,000 · Mar 2021March 2021 | 200,000 /yr |
203, Balqis Residence 1 in numbers
- Sold once: by Balqis Residence on 6 July 2020 for AED 12,052,200, or AED 1,066 per sqft.
- Rented since June 2023 on 5 Ejari contracts, from AED 530,000 to AED 550,000 a year.
- At AED 550,000 a year the gross yield on the 2020 price is 4.6%, before a service charge of about AED 201,200 a year (AED 17.81 per sqft).
Source: Dubai Land Department. Updated 5 April 2026.
Questions about 203, Balqis Residence 1
What did unit 203 last sell for?
AED 12,052,200 on 6 July 2020, sold by the developer: AED 1,066 per sqft for 11,300 sqft. It is the only registered sale of the unit.
What is the rent for unit 203?
AED 550,000 a year on the contract renewed on 5 April 2026. The previous contract, from April 2025, was AED 550,000; the unit has been rented since June 2023.
How big is unit 203?
11,300 sqft (1049.8 sqm): a five-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.
What is unit 203 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 203? 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.
Mortgage on 203, Balqis Residence 1
Starts from the last sale price (AED 12.05M, 6 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 12,052,200
- Deposit, UAE resident (20%)
- AED 2,410,440
- Deposit, non-resident (40%)
- AED 4,820,880
- Monthly over 25 years at 3.7%
- AED 49,309
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →