604, Balqis Residence 1
Sold prices and rental history: sold 3 times, last in February 2026, and rented once, from August 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 604, Balqis Residence 1
What is 604 worth today?
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Source: Dubai Land Department. Updated 15 August 2026.
Key facts
- Type
- 3-bed apartment
- Size
- 2,283 sqft
- Floor
- 6th of 11
- Parking
- G-4, G-3
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 40,700 /yr
- Last sold
- AED 5.85M · February 2026
- Building
- Balqis Residence 1
About 604, Balqis Residence 1
604 is a three-bedroom apartment of 2,283 sqft on the 6th floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 18 February 2026 for AED 5,850,000, or AED 2,562 per sqft, in line with the AED 2,562 three-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 August 2026. The current contract, signed on 15 August 2026, is AED 320,000 a year: a gross yield of 5.5% on the 2026 price, before the service charge of about AED 40,700 a year.
Sales and rents for 604 over time
604 has sold 3 times; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Balqis Residence 1, and where 604 sits
All 18 3-beds →604 last sold in February 2026 at AED 2,562 per sqft, in line with what three-beds in Balqis Residence 1 were fetching at the time (AED 2,562). Over the last 12 months three-beds sold for AED 5,850,000 to 16,825,000, around AED 2,992 per sqft, and rent for AED 310,000 to 650,000 a year. 604's AED 320,000 is in the lower half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 May 202614 May 2026 | 4,918 sqft | 16,825,000 | 3,421 | ||
| 4 Jun 20254 June 2025 | 5,225 sqft | 16,850,000 | 3,224 | ||
| 13 Apr 202513 April 2025 | 4,283 sqft | 4,000,000 | 934 | ||
| 25 Oct 202425 October 2024 | 4,918 sqft | 10,700,000 | 2,175 |
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 6th floor
All 54 units in Balqis Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 4,918 sqft | AED 16.83MAED 16,825,000 · May 2026May 2026 | 400,000 /yr | |
| 602 | 3-bed | 5,225 sqft | AED 16.85MAED 16,850,000 · Jun 2025June 2025 | ||
| 603 | 2-bed | 2,098 sqft | AED 6.5MAED 6,500,000 · Nov 2025November 2025 | ||
| 605 | 4-bed | 3,360 sqft | AED 8.8MAED 8,800,000 · Apr 2025April 2025 | 300,000 /yr | |
| 606 | 2-bed | 1,935 sqft | AED 3.25MAED 3,250,000 · Nov 2022November 2022 |
604, Balqis Residence 1 in numbers
- Sold 3 times: first on 21 February 2013 for AED 5,000,000, last on 18 February 2026 for AED 5,850,000 (AED 2,562 per sqft).
- Rented since August 2026 on one Ejari contract, at AED 320,000 a year.
- At AED 320,000 a year the gross yield on the 2026 price is 5.5%, before a service charge of about AED 40,700 a year (AED 17.81 per sqft).
- Three-beds in Balqis Residence 1 sold for AED 5,850,000–16,825,000 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 August 2026.
Questions about 604, Balqis Residence 1
What did unit 604 last sell for?
AED 5,850,000 on 18 February 2026: AED 2,562 per sqft for 2,283 sqft. The unit has 3 registered sales; the first was AED 5,000,000 in February 2013.
What is the rent for unit 604?
AED 320,000 a year on the contract signed on 15 August 2026.
How big is unit 604?
2,283 sqft (212.1 sqm): a three-bedroom apartment on the 6th floor of a 11-storey tower completed in 2019.
What is unit 604 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Balqis Residence 1 sold for AED 5,850,000 to 16,825,000 in the last 12 months, around AED 2,992 per sqft.
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Mortgage on 604, Balqis Residence 1
Starts from the last sale price (AED 5.85M, 18 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 5,850,000
- Deposit, UAE resident (20%)
- AED 1,170,000
- Deposit, non-resident (40%)
- AED 2,340,000
- Monthly over 25 years at 3.7%
- AED 23,934
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →