409, 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 409, Balqis Residence 3
What is 409 worth today?
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Source: Dubai Land Department. Updated 27 December 2022.
Key facts
- Type
- Studio hotel apartment
- Size
- 663 sqft
- Floor
- 4th of 11
- Parking
- B-31
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 11,800 /yr
- Last sold
- AED 1.19M · December 2022
- Building
- Balqis Residence 3
About 409, Balqis Residence 3
409 is a studio of 663 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 27 December 2022 for AED 1,187,737, or AED 1,790 per sqft, in line with the AED 1,785 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 409 over time
409 has sold once; the dashed line is the studio median of each year in the building.
Studios in Balqis Residence 3, and where 409 sits
All 44 studios →409 last sold in December 2022 at AED 1,790 per sqft, in line with what studios in Balqis Residence 3 were fetching at the time (AED 1,785). 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 | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
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 4th floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 401 | Studio | 677 sqft | AED 1.23MAED 1,229,194 · Jan 2023January 2023 | ||
| 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 | ||
| 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 |
409, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 27 December 2022 for AED 1,187,737, or AED 1,790 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 27 December 2022.
Questions about 409, Balqis Residence 3
What did unit 409 last sell for?
AED 1,187,737 on 27 December 2022, sold by the developer: AED 1,790 per sqft for 663 sqft. It is the only registered sale of the unit.
How big is unit 409?
663 sqft (61.6 sqm): a studio on the 4th floor of a 11-storey tower completed in 2019.
What is unit 409 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 409, Balqis Residence 3
Starts from the last sale price (AED 1.19M, 27 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 1,187,737
- Deposit, UAE resident (20%)
- AED 237,547
- Deposit, non-resident (40%)
- AED 475,095
- Monthly over 25 years at 3.7%
- AED 4,859
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →