216, 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.
Property timeline for 216, Balqis Residence 3
What is 216 worth today?
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Source: Dubai Land Department. Updated 27 December 2022.
Key facts
- Type
- Studio hotel apartment
- Size
- 684 sqft
- Floor
- 2nd of 11
- Parking
- G-83
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 12,200 /yr
- Last sold
- AED 1.2M · December 2022
- Building
- Balqis Residence 3
About 216, Balqis Residence 3
216 is a studio of 684 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 1,204,249, or AED 1,760 per sqft, in line with the AED 1,785 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 216 over time
216 has sold once; the dashed line is the studio median of each year in the building.
Studios in Balqis Residence 3, and where 216 sits
All 44 studios →216 last sold in December 2022 at AED 1,760 per sqft, in line with what studios in Balqis Residence 3 were fetching at the time (AED 1,785). Over the last 12 months studios sold for AED 1,098,982 to 1,780,000, around AED 2,100 per sqft, and rent for AED 47,663 to 47,663 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Nov 202514 November 2025 | 703 sqft | 1,780,000 | 2,532 | ||
| 14 Nov 202514 November 2025 | 659 sqft | 1,098,982 | 1,667 | ||
| 6 Mar 20256 March 2025 | 792 sqft | 1,100,000 | 1,389 | ||
| 21 Oct 202421 October 2024 | 703 sqft | 1,250,000 | 1,778 |
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 2nd floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | Studio | 674 sqft | AED 1.23MAED 1,228,737 · Jan 2023January 2023 | ||
| 202 | 3-bed | 1,466 sqft | AED 2.76MAED 2,759,055 · Jan 2023January 2023 | ||
| 203 | 2-bed | 1,449 sqft | AED 2.71MAED 2,709,703 · Jan 2023January 2023 | ||
| 204 | Studio | 789 sqft | AED 1.43MAED 1,433,872 · Jan 2023January 2023 | ||
| 205 | 1-bed | 1,469 sqft | AED 2.63MAED 2,632,283 · Jan 2023January 2023 | ||
| 206 | Studio | 796 sqft | AED 1.45MAED 1,445,740 · Jan 2023January 2023 | ||
| 207 | 3-bed | 2,057 sqft | AED 3.78MAED 3,782,470 · Jan 2023January 2023 | ||
| 208 | 1-bed | 1,533 sqft | AED 2.77MAED 2,766,401 · Jan 2023January 2023 | ||
| 209 | Studio | 664 sqft | AED 1.19MAED 1,187,296 · Jan 2023January 2023 | ||
| 210 | Studio | 693 sqft | AED 1.26MAED 1,260,384 · Jan 2023January 2023 | ||
| 211 | 3-bed | 1,821 sqft | AED 3.3MAED 3,304,386 · Jan 2023January 2023 | ||
| 212 | 3-bed | 1,720 sqft | AED 3.25MAED 3,250,702 · Jan 2023January 2023 | ||
| 213 | Studio | 795 sqft | AED 1.42MAED 1,418,049 · Dec 2022December 2022 | ||
| 214 | 1-bed | 1,127 sqft | AED 2.02MAED 2,017,631 · Dec 2022December 2022 | ||
| 215 | 1-bed | 1,291 sqft | AED 2.34MAED 2,338,991 · Dec 2022December 2022 | ||
| 217 | Studio | 785 sqft | AED 1.39MAED 1,394,879 · Dec 2022December 2022 | ||
| 218 | 2-bed | 1,614 sqft | AED 2.92MAED 2,917,475 · Dec 2022December 2022 |
216, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 27 December 2022 for AED 1,204,249, or AED 1,760 per sqft.
- Studios in Balqis Residence 3 sold for AED 1,098,982–1,780,000 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 216, Balqis Residence 3
What did unit 216 last sell for?
AED 1,204,249 on 27 December 2022, sold by the developer: AED 1,760 per sqft for 684 sqft. It is the only registered sale of the unit.
How big is unit 216?
684 sqft (63.5 sqm): a studio on the 2nd floor of a 11-storey tower completed in 2019.
What is unit 216 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Balqis Residence 3 sold for AED 1,098,982 to 1,780,000 in the last 12 months, around AED 2,100 per sqft.
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Mortgage on 216, Balqis Residence 3
Starts from the last sale price (AED 1.2M, 27 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,204,249
- Deposit, UAE resident (20%)
- AED 240,850
- Deposit, non-resident (40%)
- AED 481,700
- Monthly over 25 years at 3.7%
- AED 4,927
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →