207, Balqis Residence 1
Sold prices and rental history: sold twice, last in January 2025, and rented since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 207, Balqis Residence 1
What is 207 worth today?
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Source: Dubai Land Department. Updated 9 January 2025.
Key facts
- Type
- 5-bed apartment
- Size
- 11,446 sqft
- Floor
- 2nd of 11
- Parking
- INTEGRATED
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 203,900 /yr
- Last sold
- AED 13M · January 2025
- Building
- Balqis Residence 1
About 207, Balqis Residence 1
207 is a five-bedroom apartment of 11,446 sqft on the 2nd floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 9 January 2025 for AED 13,000,000, or AED 1,135 per sqft.
It has been rented since 2021 on 2 Ejari contracts. The current contract, renewed on 1 October 2022, is AED 241,005 a year: a gross yield of 1.8% on the 2025 price, before the service charge of about AED 203,900 a year.
5-beds in Balqis Residence 1, and where 207 sits
All 2 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Jul 20206 July 2020 | 11,300 sqft | 12,052,200 | 1,066 |
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 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 | |
| 203 | 5-bed | 11,300 sqft | AED 12.05MAED 12,052,200 · Jul 2020July 2020 | 550,000 /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 | |
| 208 | 3-bed | 8,260 sqft | AED 4.05MAED 4,050,000 · Mar 2021March 2021 | 200,000 /yr |
207, Balqis Residence 1 in numbers
- Sold twice: first on 6 April 2023 for AED 9,300,000, last on 9 January 2025 for AED 13,000,000 (AED 1,135 per sqft).
- Rented since October 2021 on 2 Ejari contracts, from AED 240,000 to AED 241,005 a year.
- At AED 241,005 a year the gross yield on the 2025 price is 1.8%, before a service charge of about AED 203,900 a year (AED 17.81 per sqft).
Source: Dubai Land Department. Updated 9 January 2025.
Questions about 207, Balqis Residence 1
What did unit 207 last sell for?
AED 13,000,000 on 9 January 2025: AED 1,135 per sqft for 11,446 sqft. The unit has 2 registered sales; the first was AED 9,300,000 in April 2023.
What is the rent for unit 207?
AED 241,005 a year on the contract renewed on 1 October 2022. The previous contract, from October 2021, was AED 240,000.
How big is unit 207?
11,446 sqft (1063.4 sqm): a five-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.
What is unit 207 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 207, Balqis Residence 1
Starts from the last sale price (AED 13M, 9 January 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 13,000,000
- Deposit, UAE resident (20%)
- AED 2,600,000
- Deposit, non-resident (40%)
- AED 5,200,000
- Monthly over 25 years at 3.7%
- AED 53,187
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →