303, 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 303, Balqis Residence 3
What is 303 worth today?
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Source: Dubai Land Department. Updated 27 December 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,454 sqft
- Floor
- 3rd of 11
- Parking
- G-92
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 25,900 /yr
- Last sold
- AED 2.71M · December 2022
- Building
- Balqis Residence 3
About 303, Balqis Residence 3
303 is a two-bedroom hotel apartment of 1,454 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 2,708,256, or AED 1,862 per sqft, 26% above the AED 1,477 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 303 over time
303 has sold once; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Balqis Residence 3, and where 303 sits
All 29 2-beds →303 last sold in December 2022 at AED 1,862 per sqft, 26% above what two-beds in Balqis Residence 3 were fetching at the time (AED 1,477). Over the last 12 months two-beds sold for AED 3,111,726 to 3,754,844, around AED 1,626 per sqft, and rent for AED 165,000 to 300,000 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Oct 202620 October 2026 | 2,147 sqft | 3,754,844 | 1,748 | ||
| 22 Sep 202622 September 2026 | 2,070 sqft | 3,111,726 | 1,503 | ||
| 20 Oct 202520 October 2025 | 1,909 sqft | 4,100,000 | 2,147 | ||
| 26 May 202526 May 2025 | 1,958 sqft | 4,100,000 | 2,094 |
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 | ||
| 302 | 3-bed | 1,462 sqft | AED 2.76MAED 2,760,775 · 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 |
303, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 27 December 2022 for AED 2,708,256, or AED 1,862 per sqft.
- Two-beds in Balqis Residence 3 sold for AED 3,111,726–3,754,844 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 303, Balqis Residence 3
What did unit 303 last sell for?
AED 2,708,256 on 27 December 2022, sold by the developer: AED 1,862 per sqft for 1,454 sqft. It is the only registered sale of the unit.
How big is unit 303?
1,454 sqft (135.1 sqm): a two-bedroom hotel apartment on the 3rd floor of a 11-storey tower completed in 2019.
What is unit 303 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Balqis Residence 3 sold for AED 3,111,726 to 3,754,844 in the last 12 months, around AED 1,626 per sqft.
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Mortgage on 303, Balqis Residence 3
Starts from the last sale price (AED 2.71M, 27 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,708,256
- Deposit, UAE resident (20%)
- AED 541,651
- Deposit, non-resident (40%)
- AED 1,083,302
- Monthly over 25 years at 3.7%
- AED 11,080
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →