Studio · 801 sqftBalqis Residence 3, Palm Jumeirah · 3rd floor · completed 2019

304, 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 304 · DLD and Ejari recordsUpdated 4 January 2023
Last soldAED 1.41M4 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 304, Balqis Residence 3

What is 304 worth today?

Last sold for AED 1,411,024 in 2023

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4 Jan 2023Sold by developerReady
AED 1,411,024AED 1,760 per sqft

Source: Dubai Land Department. Updated 4 January 2023.

Key facts

Type
Studio hotel apartment
Size
801 sqft
Floor
3rd of 11
Parking
B-104
Developer
Balqis Residence
Completed
2019
Service charge
AED 14,300 /yr
Last sold
AED 1.41M · January 2023

About 304, Balqis Residence 3

304 is a studio of 801 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 4 January 2023 for AED 1,411,024, or AED 1,760 per sqft, in line with the AED 1,790 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 304 over time

Sales
Unit 304, each saleTypical studio in Balqis Residence 3
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,387,000; 2013 AED 1,370,000; 2014 AED 1,680,000; 2020 AED 1,400,000; 2022 AED 1,278,467; 2023 AED 1,279,319; 2024 AED 1,239,364; 2025 AED 1,100,000Sold by developer, January 2023: AED 1,411,024 (AED 1,760 per sqft)

304 has sold once; the dashed line is the studio median of each year in the building.

Studios in Balqis Residence 3, and where 304 sits

All 44 studios →

304 last sold in January 2023 at AED 1,760 per sqft, in line with what studios in Balqis Residence 3 were fetching at the time (AED 1,790). 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 salesUnit no.Price (AED)Summary
14 Nov 20251,780,000
14 Nov 20251,098,982
6 Mar 20251,100,000
21 Oct 20241,250,000
2 studio sales 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 3rd floor

All 144 units in Balqis Residence 3
Value
301StudioAED 1.23M · Dec 2022
3023-bedAED 2.76M · Dec 2022
3032-bedAED 2.71M · Dec 2022
3051-bedAED 2.59M · Dec 2022
306StudioAED 1.48M · Dec 2022
3073-bedAED 3.4M · Dec 2022
3081-bedAED 2.45M · Dec 2022
1–7 of 17

304, Balqis Residence 3 in numbers

  • Sold once: by Balqis Residence on 4 January 2023 for AED 1,411,024, 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 4 January 2023.

Questions about 304, Balqis Residence 3

What did unit 304 last sell for?

AED 1,411,024 on 4 January 2023, sold by the developer: AED 1,760 per sqft for 801 sqft. It is the only registered sale of the unit.

How big is unit 304?

801 sqft (74.4 sqm): a studio on the 3rd floor of a 11-storey tower completed in 2019.

What is unit 304 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 304, Balqis Residence 3

Starts from the last sale price (AED 1.41M, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,411,024
Deposit, UAE resident (20%)
AED 282,205
Deposit, non-resident (40%)
AED 564,410
Monthly over 25 years at 3.7%
AED 5,773

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