1-bed · 1,533 sqftBalqis Residence 3, Palm Jumeirah · 2nd floor · completed 2019

208, Balqis Residence 3

Sold prices and rental history: sold once, by the developer in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 208 · DLD and Ejari recordsUpdated 4 January 2023
Last soldAED 2.77M4 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 208, Balqis Residence 3

What is 208 worth today?

Last sold for AED 2,766,401 in 2023

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4 Jan 2023Sold by developerReady
AED 2,766,401AED 1,804 per sqft

Source: Dubai Land Department. Updated 4 January 2023.

Key facts

Type
1-bed hotel apartment
Size
1,533 sqft
Floor
2nd of 11
Parking
B-399
Developer
Balqis Residence
Completed
2019
Service charge
AED 27,300 /yr
Last sold
AED 2.77M · January 2023

About 208, Balqis Residence 3

208 is a one-bedroom hotel apartment of 1,533 sqft on the 2nd floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 4 January 2023 for AED 2,766,401, or AED 1,804 per sqft, in line with the AED 1,802 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 208 over time

Sales
Unit 208, each saleTypical one-bed in Balqis Residence 3
2M2.5M2012201620202024Typical sale price by year: 2012 AED 1,906,000; 2022 AED 2,146,144; 2023 AED 2,516,500; 2025 AED 1,834,385Sold by developer, January 2023: AED 2,766,401 (AED 1,804 per sqft)

208 has sold once; the dashed line is the one-bed median of each year in the building.

1-beds in Balqis Residence 3, and where 208 sits

All 23 1-beds →

208 last sold in January 2023 at AED 1,804 per sqft, in line with what one-beds in Balqis Residence 3 were fetching at the time (AED 1,802). Over the last 12 months one-beds sold for AED 2,101,018, around AED 1,667 per sqft.

Recent 1-bed salesUnit no.Price (AED)Summary
17 Nov 20252,101,018
3 Nov 20251,283,570
30 Apr 20251,834,385
8 Feb 20241,659,280
1 1-bed sale in the last 12 months

Balqis Residence 3

Building

144 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%
Balqis Residence 3, Palm Jumeirah: prices, sales and rents →

Other units on the 2nd floor

All 144 units in Balqis Residence 3
Value
201StudioAED 1.23M · Jan 2023
2023-bedAED 2.76M · Jan 2023
2032-bedAED 2.71M · Jan 2023
204StudioAED 1.43M · Jan 2023
2051-bedAED 2.63M · Jan 2023
206StudioAED 1.45M · Jan 2023
2073-bedAED 3.78M · Jan 2023
1–7 of 17

208, Balqis Residence 3 in numbers

  • Sold once: by Balqis Residence on 4 January 2023 for AED 2,766,401, or AED 1,804 per sqft.
  • One-beds in Balqis Residence 3 sold for AED 2,101,018–2,101,018 in the 12 months to November 2026; the building's median across all types is AED 1,708 per sqft.

Source: Dubai Land Department. Updated 4 January 2023.

Questions about 208, Balqis Residence 3

What did unit 208 last sell for?

AED 2,766,401 on 4 January 2023, sold by the developer: AED 1,804 per sqft for 1,533 sqft. It is the only registered sale of the unit.

How big is unit 208?

1,533 sqft (142.4 sqm): a one-bedroom hotel apartment on the 2nd floor of a 11-storey tower completed in 2019.

What is unit 208 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Balqis Residence 3 sold for AED 2,101,018 to 2,101,018 in the last 12 months, around AED 1,667 per sqft.

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Mortgage on 208, Balqis Residence 3

Starts from the last sale price (AED 2.77M, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 2,766,401
Deposit, UAE resident (20%)
AED 553,280
Deposit, non-resident (40%)
AED 1,106,560
Monthly over 25 years at 3.7%
AED 11,318

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