1-bed · 1,127 sqftBalqis Residence 3, Palm Jumeirah · 2nd floor · completed 2019

214, Balqis Residence 3

Sold prices and rental history: sold once, by the developer in December 2022, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 214 · DLD and Ejari recordsUpdated 27 December 2022
Last soldAED 2.02M27 December 2022
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 214, Balqis Residence 3

What is 214 worth today?

Last sold for AED 2,017,631 in 2022

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27 Dec 2022Sold by developerReady
AED 2,017,631AED 1,789 per sqft

Source: Dubai Land Department. Updated 27 December 2022.

Key facts

Type
1-bed hotel apartment
Size
1,127 sqft
Floor
2nd of 11
Parking
B-97
Developer
Balqis Residence
Completed
2019
Service charge
AED 20,100 /yr
Last sold
AED 2.02M · December 2022

About 214, Balqis Residence 3

214 is a one-bedroom hotel apartment of 1,127 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 27 December 2022 for AED 2,017,631, or AED 1,789 per sqft, in line with the AED 1,803 one-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 214 over time

Sales
Unit 214, 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, December 2022: AED 2,017,631 (AED 1,789 per sqft)

214 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 214 sits

All 23 1-beds →

214 last sold in December 2022 at AED 1,789 per sqft, in line with what one-beds in Balqis Residence 3 were fetching at the time (AED 1,803). 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

214, Balqis Residence 3 in numbers

  • Sold once: by Balqis Residence on 27 December 2022 for AED 2,017,631, or AED 1,789 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 27 December 2022.

Questions about 214, Balqis Residence 3

What did unit 214 last sell for?

AED 2,017,631 on 27 December 2022, sold by the developer: AED 1,789 per sqft for 1,127 sqft. It is the only registered sale of the unit.

How big is unit 214?

1,127 sqft (104.7 sqm): a one-bedroom hotel apartment on the 2nd floor of a 11-storey tower completed in 2019.

What is unit 214 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 214, Balqis Residence 3

Starts from the last sale price (AED 2.02M, 27 December 2022). Switch to today's estimate once you have unlocked it.
Price
AED 2,017,631
Deposit, UAE resident (20%)
AED 403,526
Deposit, non-resident (40%)
AED 807,052
Monthly over 25 years at 3.7%
AED 8,255

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