312, 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 312, Balqis Residence 3
What is 312 worth today?
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Source: Dubai Land Department. Updated 27 December 2022.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 1,628 sqft
- Floor
- 3rd of 11
- Parking
- B-91, B-92
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 29,000 /yr
- Last sold
- AED 3.05M · December 2022
- Building
- Balqis Residence 3
About 312, Balqis Residence 3
312 is a three-bedroom hotel apartment of 1,628 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 3,047,882, or AED 1,872 per sqft, in line with 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 312 over time
312 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 312 sits
All 36 3-beds →312 last sold in December 2022 at AED 1,872 per sqft, in line with 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 | ||
| 302 | 3-bed | 1,462 sqft | AED 2.76MAED 2,760,775 · 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 | ||
| 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 |
312, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 27 December 2022 for AED 3,047,882, or AED 1,872 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 312, Balqis Residence 3
What did unit 312 last sell for?
AED 3,047,882 on 27 December 2022, sold by the developer: AED 1,872 per sqft for 1,628 sqft. It is the only registered sale of the unit.
How big is unit 312?
1,628 sqft (151.2 sqm): a three-bedroom hotel apartment on the 3rd floor of a 11-storey tower completed in 2019.
What is unit 312 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 312, Balqis Residence 3
Starts from the last sale price (AED 3.05M, 27 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,047,882
- Deposit, UAE resident (20%)
- AED 609,576
- Deposit, non-resident (40%)
- AED 1,219,153
- Monthly over 25 years at 3.7%
- AED 12,470
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →