412, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in November 2012, 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 412, Balqis Residence 3
What is 412 worth today?
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Source: Dubai Land Department. Updated 4 November 2012.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 1,028 sqft
- Floor
- 4th of 11
- Parking
- B-83, B-84
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 18,300 /yr
- Last sold
- AED 3.14M · November 2012
- Building
- Balqis Residence 3
About 412, Balqis Residence 3
412 is a three-bedroom hotel apartment of 1,028 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 November 2012 for AED 3,140,000, or AED 1,950 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 412 over time
412 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 412 sits
All 36 3-beds →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 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 | ||
| 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 | ||
| 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 |
412, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 4 November 2012 for AED 3,140,000, or AED 1,950 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 4 November 2012.
Questions about 412, Balqis Residence 3
What did unit 412 last sell for?
AED 3,140,000 on 4 November 2012, sold by the developer: AED 1,950 per sqft for 1,028 sqft. It is the only registered sale of the unit.
How big is unit 412?
1,028 sqft (95.5 sqm): a three-bedroom hotel apartment on the 4th floor of a 11-storey tower completed in 2019.
What is unit 412 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 412, Balqis Residence 3
Starts from the last sale price (AED 3.14M, 4 November 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 3,140,000
- Deposit, UAE resident (20%)
- AED 628,000
- Deposit, non-resident (40%)
- AED 1,256,000
- Monthly over 25 years at 3.7%
- AED 12,847
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →