903, Balqis Residence 1
Sold prices and rental history: sold once, by the developer in April 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 903, Balqis Residence 1
What is 903 worth today?
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Source: Dubai Land Department. Updated 1 July 2026.
Key facts
- Type
- 4-bed apartment
- Size
- 3,358 sqft
- Floor
- 9th of 11
- Parking
- B-17, B-18
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 59,800 /yr
- Last sold
- AED 6.13M · April 2013
- Building
- Balqis Residence 1
About 903, Balqis Residence 1
903 is a four-bedroom apartment of 3,358 sqft on the 9th floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 9 April 2013 for AED 6,125,000, or AED 1,824 per sqft.
It has been rented continuously since 2019 on 10 Ejari contracts. The current contract, signed on 1 July 2026, is AED 370,000 a year: a gross yield of 6.0% on the 2013 price, before the service charge of about AED 59,800 a year.
Sales and rents for 903 over time
903 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 903 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. 903's AED 370,000 is in the lower 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 9th floor
All 54 units in Balqis Residence 1903, Balqis Residence 1 in numbers
- Sold once: by Balqis Residence on 9 April 2013 for AED 6,125,000, or AED 1,824 per sqft.
- Rented since December 2019 on 10 Ejari contracts, from AED 180,000 to AED 370,000 a year.
- At AED 370,000 a year the gross yield on the 2013 price is 6.0%, before a service charge of about AED 59,800 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 903, Balqis Residence 1
What did unit 903 last sell for?
AED 6,125,000 on 9 April 2013, sold by the developer: AED 1,824 per sqft for 3,358 sqft. It is the only registered sale of the unit.
What is the rent for unit 903?
AED 370,000 a year on the contract signed on 1 July 2026. The previous contract, from May 2025, was AED 442,200; the unit has been rented since December 2019.
How big is unit 903?
3,358 sqft (312.0 sqm): a four-bedroom apartment on the 9th floor of a 11-storey tower completed in 2019.
What is unit 903 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 903, Balqis Residence 1
Starts from the last sale price (AED 6.13M, 9 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 6,125,000
- Deposit, UAE resident (20%)
- AED 1,225,000
- Deposit, non-resident (40%)
- AED 2,450,000
- Monthly over 25 years at 3.7%
- AED 25,059
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →