302, 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 302, Balqis Residence 3
What is 302 worth today?
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Source: Dubai Land Department. Updated 27 December 2022.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 1,462 sqft
- Floor
- 3rd of 11
- Parking
- B-172, B-173
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 26,000 /yr
- Last sold
- AED 2.76M · December 2022
- Building
- Balqis Residence 3
About 302, Balqis Residence 3
302 is a three-bedroom hotel apartment of 1,462 sqft on the 3rd 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 2,760,775, or AED 1,887 per sqft, 4% above the AED 1,819 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 302 over time
302 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Balqis Residence 3, and where 302 sits
All 36 3-beds →302 last sold in December 2022 at AED 1,887 per sqft, 4% above what three-beds in Balqis Residence 3 were fetching at the time (AED 1,819). Over the last 12 months three-beds sold for AED 6,180,000, around AED 2,540 per sqft, and rent for AED 60,000 to 430,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Nov 202513 November 2025 | 2,433 sqft | 6,180,000 | 2,540 | ||
| 1 Jul 20241 July 2024 | 2,485 sqft | 4,862,000 | 1,956 | ||
| 3 Jun 20243 June 2024 | 1,945 sqft | 2,372,438 | 1,219 | ||
| 8 May 20248 May 2024 | 2,328 sqft | 5,800,000 | 2,491 |
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 3rd floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | Studio | 677 sqft | AED 1.23MAED 1,228,956 · Dec 2022December 2022 | ||
| 303 | 2-bed | 1,454 sqft | AED 2.71MAED 2,708,256 · Dec 2022December 2022 | ||
| 304 | Studio | 801 sqft | AED 1.41MAED 1,411,024 · Jan 2023January 2023 | ||
| 305 | 1-bed | 1,450 sqft | AED 2.59MAED 2,590,962 · Dec 2022December 2022 | ||
| 306 | Studio | 795 sqft | AED 1.48MAED 1,482,801 · Dec 2022December 2022 | ||
| 307 | 3-bed | 1,862 sqft | AED 3.4MAED 3,398,948 · Dec 2022December 2022 | ||
| 308 | 1-bed | 1,351 sqft | AED 2.45MAED 2,447,679 · Dec 2022December 2022 | ||
| 309 | Studio | 663 sqft | AED 1.19MAED 1,187,296 · Dec 2022December 2022 | ||
| 310 | Studio | 703 sqft | AED 1.28MAED 1,278,467 · Dec 2022December 2022 | ||
| 311 | 3-bed | 1,807 sqft | AED 3.29MAED 3,286,680 · Dec 2022December 2022 | ||
| 312 | 3-bed | 1,628 sqft | AED 3.05MAED 3,047,882 · Dec 2022December 2022 | ||
| 313 | Studio | 795 sqft | AED 1.42MAED 1,418,049 · Dec 2022December 2022 | ||
| 314 | 1-bed | 1,125 sqft | AED 2.02MAED 2,022,529 · Dec 2022December 2022 | ||
| 315 | 1-bed | 1,031 sqft | AED 1.85MAED 1,846,968 · Dec 2022December 2022 | ||
| 316 | Studio | 682 sqft | AED 1.21MAED 1,210,089 · Dec 2022December 2022 | ||
| 317 | Studio | 797 sqft | AED 1.43MAED 1,432,177 · Dec 2022December 2022 | ||
| 318 | 2-bed | 1,599 sqft | AED 2.8MAED 2,802,500 · May 2012May 2012 |
302, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 27 December 2022 for AED 2,760,775, or AED 1,887 per sqft.
- Three-beds in Balqis Residence 3 sold for AED 6,180,000–6,180,000 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 302, Balqis Residence 3
What did unit 302 last sell for?
AED 2,760,775 on 27 December 2022, sold by the developer: AED 1,887 per sqft for 1,462 sqft. It is the only registered sale of the unit.
How big is unit 302?
1,462 sqft (135.8 sqm): a three-bedroom hotel apartment on the 3rd floor of a 11-storey tower completed in 2019.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Balqis Residence 3 sold for AED 6,180,000 to 6,180,000 in the last 12 months, around AED 2,540 per sqft.
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Mortgage on 302, Balqis Residence 3
Starts from the last sale price (AED 2.76M, 27 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,760,775
- Deposit, UAE resident (20%)
- AED 552,155
- Deposit, non-resident (40%)
- AED 1,104,310
- Monthly over 25 years at 3.7%
- AED 11,295
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →