Studio · 788 sqftBalqis Residence 3, Palm Jumeirah · 5th floor · completed 2019

504, Balqis Residence 3

Sold prices and rental history: sold once, by the developer in April 2013, 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 504 · DLD and Ejari recordsUpdated 9 April 2013

Last soldAED 1.3M9 April 2013

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Today's valuefree after one verification

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Property timeline for 504, Balqis Residence 3

Today

What is 504 worth today?

Last sold for AED 1,295,000 in 2013

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9 Apr 2013

9 Apr 2013Sold by developerOff-plan

AED 1,295,000AED 1,643 per sqft

Source: Dubai Land Department. Updated 9 April 2013.

Key facts

Type: Studio hotel apartment
Size: 788 sqft
Floor: 5th of 11
Parking: B-138
Developer: Balqis Residence
Completed: 2019
Service charge: AED 14,000 /yr
Last sold: AED 1.3M · April 2013
Building: Balqis Residence 3

About 504, Balqis Residence 3

504 is a studio of 788 sqft on the 5th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 9 April 2013 for AED 1,295,000, or AED 1,643 per sqft, 7% below the AED 1,761 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 504 over time

Sales

Unit 504, each saleTypical studio in Balqis Residence 3

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

Studios in Balqis Residence 3, and where 504 sits

All 44 studios →

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

504 last sold in April 2013 at AED 1,643 per sqft, 7% below what studios in Balqis Residence 3 were fetching at the time (AED 1,761). 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 5th floor

All 144 units in Balqis Residence 3


501	Studio	678 sqft	AED 1.4MAED 1,398,000 · Mar 2013March 2013
502	3-bed	1,463 sqft	AED 2.81MAED 2,810,500 · Jan 2023January 2023
503	2-bed	1,145 sqft	AED 2.23MAED 2,229,500 · Jan 2023January 2023
505	1-bed	1,439 sqft	AED 2.52MAED 2,516,500 · Jan 2023January 2023
506	Studio	802 sqft	AED 1.35MAED 1,350,000 · Mar 2013March 2013
507	3-bed	1,861 sqft	AED 3.47MAED 3,473,750 · Jan 2023January 2023
508	1-bed	1,260 sqft	AED 2.1MAED 2,101,018 · Nov 2025November 2025
509	Studio	659 sqft	AED 1.1MAED 1,098,982 · Nov 2025November 2025
510	Studio	703 sqft	AED 1.78MAED 1,780,000 · Nov 2025November 2025
511	3-bed	1,618 sqft	AED 3.02MAED 3,020,500 · Jan 2023January 2023
512	3-bed	1,555 sqft	AED 3.83MAED 3,830,000 · Mar 2013March 2013
513	Studio	796 sqft	AED 1.36MAED 1,360,000 · Apr 2013April 2013
514	1-bed	1,105 sqft	AED 1.75MAED 1,750,000 · May 2012May 2012
515	1-bed	1,035 sqft	AED 1.91MAED 1,906,000 · May 2012May 2012
516	Studio	685 sqft	AED 1.38MAED 1,380,000 · Mar 2013March 2013
517	Studio	795 sqft	AED 1.4MAED 1,400,000 · Apr 2013April 2013
518	2-bed	1,421 sqft	AED 2.8MAED 2,802,500 · May 2012May 2012

1–7 of 17

504, Balqis Residence 3 in numbers

Sold once: by Balqis Residence on 9 April 2013 for AED 1,295,000, or AED 1,643 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 9 April 2013.

Questions about 504, Balqis Residence 3

What did unit 504 last sell for?

AED 1,295,000 on 9 April 2013, sold by the developer: AED 1,643 per sqft for 788 sqft. It is the only registered sale of the unit.

How big is unit 504?

788 sqft (73.2 sqm): a studio on the 5th floor of a 11-storey tower completed in 2019.

What is unit 504 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 504, Balqis Residence 3

Starts from the last sale price (AED 1.3M, 9 April 2013). Switch to today's estimate once you have unlocked it.

Price: AED 1,295,000
Deposit, UAE resident (20%): AED 259,000
Deposit, non-resident (40%): AED 518,000
Monthly over 25 years at 3.7%: AED 5,298

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