Studio · 677 sqftBalqis Residence 3, Palm Jumeirah · 4th floor · completed 2019

401, 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.

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Unit 401 · DLD and Ejari recordsUpdated 4 January 2023

Last soldAED 1.23M4 January 2023

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 401, Balqis Residence 3

Today

What is 401 worth today?

Last sold for AED 1,229,194 in 2023

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4 Jan 2023

4 Jan 2023Sold by developerReady

AED 1,229,194AED 1,815 per sqft

Source: Dubai Land Department. Updated 4 January 2023.

Key facts

Type: Studio hotel apartment
Size: 677 sqft
Floor: 4th of 11
Parking: B-39
Developer: Balqis Residence
Completed: 2019
Service charge: AED 12,100 /yr
Last sold: AED 1.23M · January 2023
Building: Balqis Residence 3

About 401, Balqis Residence 3

401 is a studio of 677 sqft on the 4th 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 1,229,194, or AED 1,815 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 401 over time

Sales

Unit 401, each saleTypical studio in Balqis Residence 3

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

Studios in Balqis Residence 3, and where 401 sits

All 44 studios →

Studios in Balqis Residence 3 · last 12 months2,100 /sqft Balqis Residence 3 · all types1,708 /sqft

401 last sold in January 2023 at AED 1,815 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 sales	Size	Price (AED)	Per sqft
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

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 4th floor

All 144 units in Balqis Residence 3


402	3-bed	1,462 sqft	AED 2.76MAED 2,760,080 · Jan 2023January 2023
403	2-bed	1,284 sqft	AED 2.42MAED 2,415,235 · Jan 2023January 2023
404	Studio	790 sqft	AED 1.42MAED 1,420,272 · Jan 2023January 2023
405	1-bed	1,444 sqft	AED 2.92MAED 2,915,200 · May 2012May 2012
406	Studio	796 sqft	AED 1.48MAED 1,483,588 · Jan 2023January 2023
407	3-bed	1,863 sqft	AED 3.4MAED 3,402,095 · Dec 2022December 2022
408	1-bed	1,255 sqft	AED 2.27MAED 2,269,759 · Dec 2022December 2022
409	Studio	663 sqft	AED 1.19MAED 1,187,737 · Dec 2022December 2022
410	Studio	703 sqft	AED 1.28MAED 1,279,319 · Jan 2023January 2023
411	3-bed	1,750 sqft	AED 3.18MAED 3,183,316 · Dec 2022December 2022
412	3-bed	1,028 sqft	AED 3.14MAED 3,140,000 · Nov 2012November 2012
413	Studio	508 sqft	AED 1.65MAED 1,650,000 · Nov 2012November 2012
414	1-bed	719 sqft	AED 2.71MAED 2,710,000 · Nov 2012November 2012
415	1-bed	1,027 sqft	AED 1.86MAED 1,859,714 · Dec 2022December 2022
416	Studio	684 sqft	AED 1.21MAED 1,208,654 · Jan 2023January 2023
417	Studio	796 sqft	AED 1.42MAED 1,422,156 · Dec 2022December 2022
418	2-bed	1,421 sqft	AED 2.58MAED 2,582,570 · Dec 2022December 2022

1–7 of 17

401, Balqis Residence 3 in numbers

Sold once: by Balqis Residence on 4 January 2023 for AED 1,229,194, or AED 1,815 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 401, Balqis Residence 3

What did unit 401 last sell for?

AED 1,229,194 on 4 January 2023, sold by the developer: AED 1,815 per sqft for 677 sqft. It is the only registered sale of the unit.

How big is unit 401?

677 sqft (62.9 sqm): a studio on the 4th floor of a 11-storey tower completed in 2019.

What is unit 401 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 401, Balqis Residence 3

Starts from the last sale price (AED 1.23M, 4 January 2023). Switch to today's estimate once you have unlocked it.

Price: AED 1,229,194
Deposit, UAE resident (20%): AED 245,839
Deposit, non-resident (40%): AED 491,678
Monthly over 25 years at 3.7%: AED 5,029

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