509, 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 509, Balqis Residence 3
What is 509 worth today?
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Source: Dubai Land Department. Updated 14 November 2025.
Key facts
- Type
- Studio hotel apartment
- Size
- 659 sqft
- Floor
- 5th of 11
- Parking
- B-187
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 11,700 /yr
- Last sold
- AED 1.1M · November 2025
- Building
- Balqis Residence 3
About 509, Balqis Residence 3
509 is a studio of 659 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 14 November 2025 for AED 1,098,982, or AED 1,667 per sqft, in line with the AED 1,667 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 509 over time
509 has sold twice; the dashed line is the studio median of each year in the building.
Studios in Balqis Residence 3, and where 509 sits
All 44 studios →509 last sold in November 2025 at AED 1,667 per sqft, in line with what studios in Balqis Residence 3 were fetching at the time (AED 1,667). 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 | ||
| 6 Mar 20256 March 2025 | 792 sqft | 1,100,000 | 1,389 | ||
| 21 Oct 202421 October 2024 | 703 sqft | 1,250,000 | 1,778 | ||
| 8 Feb 20248 February 2024 | 782 sqft | 1,368,308 | 1,750 |
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 | ||
| 508 | 1-bed | 1,260 sqft | AED 2.1MAED 2,101,018 · 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 |
509, Balqis Residence 3 in numbers
- Sold twice: first on 3 May 2012 for AED 1,000,000, last on 14 November 2025 for AED 1,098,982 (AED 1,667 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 14 November 2025.
Questions about 509, Balqis Residence 3
What did unit 509 last sell for?
AED 1,098,982 on 14 November 2025: AED 1,667 per sqft for 659 sqft. The unit has 2 registered sales; the first was AED 1,000,000 in May 2012.
How big is unit 509?
659 sqft (61.2 sqm): a studio on the 5th floor of a 11-storey tower completed in 2019.
What is unit 509 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.
Selling 509? Put it on the OpenOffers board
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Mortgage on 509, Balqis Residence 3
Starts from the last sale price (AED 1.1M, 14 November 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 1,098,982
- Deposit, UAE resident (20%)
- AED 219,796
- Deposit, non-resident (40%)
- AED 439,593
- Monthly over 25 years at 3.7%
- AED 4,496
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →