Studio · 703 sqftBalqis Residence 3, Palm Jumeirah · 5th floor · completed 2019

510, Balqis Residence 3

Sold prices and rental history: sold 3 times, 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.

Unit 510 · DLD and Ejari recordsUpdated 14 November 2025
Last soldAED 1.78M14 November 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 510, Balqis Residence 3

What is 510 worth today?

Last sold for AED 1,780,000 in 2025

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14 Nov 2025SoldReady
AED 1,780,000AED 2,532 per sqft
21 Oct 2024SoldReady
AED 1,250,000AED 1,778 per sqft
19 Jun 2012Sold by developerOff-plan
AED 1,387,000AED 1,973 per sqft

Source: Dubai Land Department. Updated 14 November 2025.

Key facts

Type
Studio hotel apartment
Size
703 sqft
Floor
5th of 11
Parking
B-66
Developer
Balqis Residence
Completed
2019
Service charge
AED 12,500 /yr
Last sold
AED 1.78M · November 2025

About 510, Balqis Residence 3

510 is a studio of 703 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 1,780,000, or AED 2,532 per sqft, 52% above 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 510 over time

Sales
Unit 510, each saleTypical studio in Balqis Residence 3
1M1.5M2012201620202024Typical sale price by year: 2012 AED 1,387,000; 2013 AED 1,370,000; 2014 AED 1,680,000; 2020 AED 1,400,000; 2022 AED 1,278,467; 2023 AED 1,279,319; 2024 AED 1,239,364; 2025 AED 1,100,000Sold by developer, June 2012: AED 1,387,000 (AED 1,973 per sqft)Sold, October 2024: AED 1,250,000 (AED 1,778 per sqft)Sold, November 2025: AED 1,780,000 (AED 2,532 per sqft)

510 has sold 3 times; the dashed line is the studio median of each year in the building.

Studios in Balqis Residence 3, and where 510 sits

All 44 studios →

510 last sold in November 2025 at AED 2,532 per sqft, 52% above 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 salesUnit no.Price (AED)Summary
14 Nov 20251,098,982
6 Mar 20251,100,000
8 Feb 20241,368,308
8 Feb 20241,228,728
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
Value
501StudioAED 1.4M · Mar 2013
5023-bedAED 2.81M · Jan 2023
5032-bedAED 2.23M · Jan 2023
504StudioAED 1.3M · Apr 2013
5051-bedAED 2.52M · Jan 2023
506StudioAED 1.35M · Mar 2013
5073-bedAED 3.47M · Jan 2023
1–7 of 17

510, Balqis Residence 3 in numbers

  • Sold 3 times: first on 19 June 2012 for AED 1,387,000, last on 14 November 2025 for AED 1,780,000 (AED 2,532 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 510, Balqis Residence 3

What did unit 510 last sell for?

AED 1,780,000 on 14 November 2025: AED 2,532 per sqft for 703 sqft. The unit has 3 registered sales; the first was AED 1,387,000 in June 2012.

How big is unit 510?

703 sqft (65.3 sqm): a studio on the 5th floor of a 11-storey tower completed in 2019.

What is unit 510 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 510, Balqis Residence 3

Starts from the last sale price (AED 1.78M, 14 November 2025). Switch to today's estimate once you have unlocked it.
Price
AED 1,780,000
Deposit, UAE resident (20%)
AED 356,000
Deposit, non-resident (40%)
AED 712,000
Monthly over 25 years at 3.7%
AED 7,283

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