4-bed · 3,378 sqftBalqis Residence 1, Palm Jumeirah · 3rd floor · completed 2019

306, Balqis Residence 1

Sold prices and rental history: sold twice, last in February 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 306 · DLD and Ejari recordsUpdated 24 February 2021

Last soldAED 3.1M24 February 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 306, Balqis Residence 1

Today

What is 306 worth today?

Last sold for AED 3,100,000 in 2021

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24 Feb 2021

24 Feb 2021SoldReady

AED 3,100,000AED 917 per sqft

13 Aug 2009

13 Aug 2009Sold by developerOff-plan

AED 5,900,000AED 1,746 per sqft

Source: Dubai Land Department. Updated 24 February 2021.

Key facts

Type: 4-bed apartment
Size: 3,378 sqft
Floor: 3rd of 11
Parking: B-296, B-297, B-292
Developer: Balqis Residence
Completed: 2019
Service charge: AED 60,200 /yr
Last sold: AED 3.1M · February 2021
Building: Balqis Residence 1

About 306, Balqis Residence 1

306 is a four-bedroom apartment of 3,378 sqft on the 3rd floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 24 February 2021 for AED 3,100,000, or AED 917 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 306 over time

Sales

Unit 306, each saleTypical four-bed in Balqis Residence 1

306 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents

Unit 306, each contractTypical four-bed in Balqis Residence 1

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Balqis Residence 1, and where 306 sits

All 11 4-beds →

4-beds in Balqis Residence 1 · last 12 months2,722 /sqft Balqis Residence 1 · all types2,722 /sqft

Over the last 12 months four-beds sold for AED 9,150,000, around AED 2,722 per sqft, and rent for AED 300,000 to 450,000 a year.

Recent 4-bed sales	Size	Price (AED)	Per sqft
12 Nov 202512 November 2025	3,361 sqft	9,150,000	2,722
17 Apr 202517 April 2025	3,360 sqft	8,800,000	2,618
1 Jul 20241 July 2024	3,356 sqft	8,700,000	2,592
29 Nov 202229 November 2022	9,542 sqft	11,488,680	1,204

1 4-bed sale in the last 12 months

Balqis Residence 1

Building

54 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%

Balqis Residence 1, Palm Jumeirah: prices, sales and rents →

Other units on the 3rd floor

All 54 units in Balqis Residence 1


301	3-bed	2,443 sqft	AED 3.2MAED 3,200,000 · Mar 2022March 2022	10,000 /yr
302	4-bed	3,291 sqft	AED 3MAED 3,000,000 · Dec 2019December 2019
303	2-bed	1,971 sqft	AED 3.31MAED 3,310,000 · Jun 2024June 2024	200,000 /yr
304	2-bed	2,093 sqft	AED 2.63MAED 2,633,000 · May 2016May 2016	151,595 /yr
305	3-bed	2,284 sqft	AED 1.69MAED 1,690,000 · Jun 2020June 2020	338,625 /yr
307	2-bed	2,008 sqft	AED 3.75MAED 3,750,000 · Apr 2025April 2025	210,000 /yr
308	2-bed	2,204 sqft	AED 2.5MAED 2,500,000 · Feb 2022February 2022	250,000 /yr

306, Balqis Residence 1 in numbers

Sold twice: first on 13 August 2009 for AED 5,900,000, last on 24 February 2021 for AED 3,100,000 (AED 917 per sqft).
Four-beds in Balqis Residence 1 sold for AED 9,150,000–9,150,000 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 24 February 2021.

Questions about 306, Balqis Residence 1

What did unit 306 last sell for?

AED 3,100,000 on 24 February 2021: AED 917 per sqft for 3,378 sqft. The unit has 2 registered sales; the first was AED 5,900,000 in August 2009.

How big is unit 306?

3,378 sqft (313.8 sqm): a four-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2019.

What is unit 306 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Four-beds in Balqis Residence 1 sold for AED 9,150,000 to 9,150,000 in the last 12 months, around AED 2,722 per sqft.

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Mortgage on 306, Balqis Residence 1

Starts from the last sale price (AED 3.1M, 24 February 2021). Switch to today's estimate once you have unlocked it.

Price: AED 3,100,000
Deposit, UAE resident (20%): AED 620,000
Deposit, non-resident (40%): AED 1,240,000
Monthly over 25 years at 3.7%: AED 12,683

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →