508, Balqis Residence 3
Sold prices and rental history: sold twice, last in November 2025, 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 508, Balqis Residence 3
What is 508 worth today?
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Source: Dubai Land Department. Updated 17 November 2025.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,260 sqft
- Floor
- 5th of 11
- Parking
- B-411
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 22,400 /yr
- Last sold
- AED 2.1M · November 2025
- Building
- Balqis Residence 3
About 508, Balqis Residence 3
508 is a one-bedroom hotel apartment of 1,260 sqft on the 5th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 17 November 2025 for AED 2,101,018, or AED 1,667 per sqft, in line with the AED 1,667 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 508 over time
508 has sold twice; the dashed line is the one-bed median of each year in the building.
1-beds in Balqis Residence 3, and where 508 sits
All 23 1-beds →508 last sold in November 2025 at AED 1,667 per sqft, in line with what one-beds in Balqis Residence 3 were fetching at the time (AED 1,667). Over the last 12 months one-beds sold for AED 2,101,018, around AED 1,667 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 3 Nov 20253 November 2025 | 1,045 sqft | 1,283,570 | 1,228 | ||
| 30 Apr 202530 April 2025 | 1,045 sqft | 1,834,385 | 1,755 | ||
| 8 Feb 20248 February 2024 | 1,301 sqft | 1,659,280 | 1,275 | ||
| 8 Feb 20248 February 2024 | 1,199 sqft | 1,449,000 | 1,208 |
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 5th floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 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 | ||
| 504 | Studio | 788 sqft | AED 1.3MAED 1,295,000 · Apr 2013April 2013 | ||
| 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 | ||
| 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 |
508, Balqis Residence 3 in numbers
- Sold twice: first on 3 May 2012 for AED 1,738,613, last on 17 November 2025 for AED 2,101,018 (AED 1,667 per sqft).
- One-beds in Balqis Residence 3 sold for AED 2,101,018–2,101,018 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 17 November 2025.
Questions about 508, Balqis Residence 3
What did unit 508 last sell for?
AED 2,101,018 on 17 November 2025: AED 1,667 per sqft for 1,260 sqft. The unit has 2 registered sales; the first was AED 1,738,613 in May 2012.
How big is unit 508?
1,260 sqft (117.1 sqm): a one-bedroom hotel apartment on the 5th floor of a 11-storey tower completed in 2019.
What is unit 508 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Balqis Residence 3 sold for AED 2,101,018 to 2,101,018 in the last 12 months, around AED 1,667 per sqft.
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Mortgage on 508, Balqis Residence 3
Starts from the last sale price (AED 2.1M, 17 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 2,101,018
- Deposit, UAE resident (20%)
- AED 420,204
- Deposit, non-resident (40%)
- AED 840,407
- Monthly over 25 years at 3.7%
- AED 8,596
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →