1006, Balqis Residence 3
Sold prices and rental history: sold twice, last in January 2020, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1006, Balqis Residence 3
What is 1006 worth today?
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Source: Dubai Land Department. Updated 1 June 2023.
Key facts
- Type
- 5-bed apartment
- Size
- 3,491 sqft
- Floor
- 10th of 11
- Parking
- B-139, B-140, B-141
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 62,200 /yr
- Last sold
- AED 3.8M · January 2020
- Building
- Balqis Residence 3
About 1006, Balqis Residence 3
1006 is a five-bedroom apartment of 3,491 sqft on the 10th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 20 January 2020 for AED 3,800,000, or AED 1,088 per sqft.
It has been rented since 2023 on 2 Ejari contracts. The current contract, signed on 1 June 2023, is AED 365,000 a year: a gross yield of 9.6% on the 2020 price, before the service charge of about AED 62,200 a year.
Sales and rents for 1006 over time
1006 has sold twice; the dashed line is the five-bed median of each year in the building.
5-beds in Balqis Residence 3, and where 1006 sits
All 6 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202513 August 2025 | 3,490 sqft | 7,800,000 | 2,234 | ||
| 22 Nov 202122 November 2021 | 3,490 sqft | 4,000,000 | 1,145 | ||
| 6 Apr 20216 April 2021 | 3,490 sqft | 3,975,000 | 1,138 | ||
| 3 Mar 20213 March 2021 | 3,490 sqft | 3,297,693 | 944 |
Balqis Residence 3
Building144 apartments, studios to 9-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 6 sold in the last 12 months.
- Typical price per sqft
- AED 1,708
- Typical sale
- AED 2.61M
- Typical rent
- AED 280K /yr
- Typical yield
- 6.6%
Other units on the 10th floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1001 | 3-bed | 2,433 sqft | AED 8.94MAED 8,939,000 · Oct 2009October 2009 | 260,000 /yr | |
| 1002 | 4-bed | 3,498 sqft | AED 4.2MAED 4,200,000 · Nov 2018November 2018 | ||
| 1003 | 3-bed | 2,485 sqft | AED 2.75MAED 2,750,000 · Sep 2021September 2021 | 150,000 /yr | |
| 1004 | 2-bed | 1,909 sqft | AED 4.1MAED 4,100,000 · Oct 2025October 2025 | ||
| 1005 | 3-bed | 2,328 sqft | AED 2.95MAED 2,950,000 · Dec 2021December 2021 | 400,000 /yr | |
| 1007 | 2-bed | 1,878 sqft | AED 1.79MAED 1,785,000 · Mar 2021March 2021 | 130,000 /yr | |
| 1008 | 2-bed | 1,957 sqft | AED 3.85MAED 3,850,000 · Jun 2015June 2015 | 213,000 /yr |
1006, Balqis Residence 3 in numbers
- Sold twice: first on 12 April 2016 for AED 5,899,500, last on 20 January 2020 for AED 3,800,000 (AED 1,088 per sqft).
- Rented since June 2023 on 2 Ejari contracts, at AED 365,000 a year.
- At AED 365,000 a year the gross yield on the 2020 price is 9.6%, before a service charge of about AED 62,200 a year (AED 17.81 per sqft).
Source: Dubai Land Department. Updated 1 June 2023.
Questions about 1006, Balqis Residence 3
What did unit 1006 last sell for?
AED 3,800,000 on 20 January 2020: AED 1,088 per sqft for 3,491 sqft. The unit has 2 registered sales; the first was AED 5,899,500 in April 2016.
What is the rent for unit 1006?
AED 365,000 a year on the contract signed on 1 June 2023. The previous contract, from June 2023, was AED 365,000.
How big is unit 1006?
3,491 sqft (324.3 sqm): a five-bedroom apartment on the 10th floor of a 11-storey tower completed in 2019.
What is unit 1006 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 1006, Balqis Residence 3
Starts from the last sale price (AED 3.8M, 20 January 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 3,800,000
- Deposit, UAE resident (20%)
- AED 760,000
- Deposit, non-resident (40%)
- AED 1,520,000
- Monthly over 25 years at 3.7%
- AED 15,547
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →