803, Balqis Residence 1
Sold prices and rental history: sold once, by the developer in February 2013, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Balqis Residence 1
What is 803 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 4-bed apartment
- Size
- 3,355 sqft
- Floor
- 8th of 11
- Parking
- B-12, B-13
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 59,700 /yr
- Last sold
- AED 6M · February 2013
- Building
- Balqis Residence 1
About 803, Balqis Residence 1
803 is a four-bedroom apartment of 3,355 sqft on the 8th floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 26 February 2013 for AED 6,000,000, or AED 1,788 per sqft.
It has been rented continuously since 2019 on 7 Ejari contracts. The current contract, renewed on 1 July 2026, is AED 380,000 a year: a gross yield of 6.3% on the 2013 price, before the service charge of about AED 59,700 a year.
Sales and rents for 803 over time
803 has sold once; the dashed line is the four-bed median of each year in the building.
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 803 sits
All 11 4-beds →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. 803's AED 380,000 is in the upper half of that range.
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 8th floor
All 54 units in Balqis Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2-bed | 2,001 sqft | AED 2.25MAED 2,250,000 · Jul 2021July 2021 | 105,000 /yr | |
| 802 | 3-bed | 2,284 sqft | AED 2.9MAED 2,900,000 · Jan 2022January 2022 | 120,000 /yr | |
| 804 | 2-bed | 1,936 sqft | AED 3.05MAED 3,050,000 · Aug 2022August 2022 | 196,000 /yr | |
| 805 | 3-bed | 5,628 sqft | AED 12MAED 12,000,000 · Nov 2023November 2023 | 1,000,000 /yr |
803, Balqis Residence 1 in numbers
- Sold once: by Balqis Residence on 26 February 2013 for AED 6,000,000, or AED 1,788 per sqft.
- Rented since December 2019 on 7 Ejari contracts, from AED 185,000 to AED 380,000 a year.
- At AED 380,000 a year the gross yield on the 2013 price is 6.3%, before a service charge of about AED 59,700 a year (AED 17.81 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 1 July 2026.
Questions about 803, Balqis Residence 1
What did unit 803 last sell for?
AED 6,000,000 on 26 February 2013, sold by the developer: AED 1,788 per sqft for 3,355 sqft. It is the only registered sale of the unit.
What is the rent for unit 803?
AED 380,000 a year on the contract renewed on 1 July 2026. The previous contract, from July 2025, was AED 380,000; the unit has been rented since December 2019.
How big is unit 803?
3,355 sqft (311.7 sqm): a four-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.
What is unit 803 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 803, Balqis Residence 1
Starts from the last sale price (AED 6M, 26 February 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,000
- Deposit, UAE resident (20%)
- AED 1,200,000
- Deposit, non-resident (40%)
- AED 2,400,000
- Monthly over 25 years at 3.7%
- AED 24,548
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →