515, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in May 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 515, Balqis Residence 3
What is 515 worth today?
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Source: Dubai Land Department. Updated 2 May 2012.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,035 sqft
- Floor
- 5th of 11
- Parking
- B-412
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 18,400 /yr
- Last sold
- AED 1.91M · May 2012
- Building
- Balqis Residence 3
About 515, Balqis Residence 3
515 is a one-bedroom hotel apartment of 1,035 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 2 May 2012 for AED 1,906,000, or AED 1,842 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 515 over time
515 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Balqis Residence 3, and where 515 sits
All 23 1-beds →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 |
|---|---|---|---|---|---|
| 17 Nov 202517 November 2025 | 1,260 sqft | 2,101,018 | 1,667 | ||
| 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 |
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 | ||
| 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 | ||
| 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 |
515, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 2 May 2012 for AED 1,906,000, or AED 1,842 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 2 May 2012.
Questions about 515, Balqis Residence 3
What did unit 515 last sell for?
AED 1,906,000 on 2 May 2012, sold by the developer: AED 1,842 per sqft for 1,035 sqft. It is the only registered sale of the unit.
How big is unit 515?
1,035 sqft (96.2 sqm): a one-bedroom hotel apartment on the 5th floor of a 11-storey tower completed in 2019.
What is unit 515 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.
Selling 515? Put it on the OpenOffers board
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Mortgage on 515, Balqis Residence 3
Starts from the last sale price (AED 1.91M, 2 May 2012). Switch to today's estimate once you have unlocked it.- Price
- AED 1,906,000
- Deposit, UAE resident (20%)
- AED 381,200
- Deposit, non-resident (40%)
- AED 762,400
- Monthly over 25 years at 3.7%
- AED 7,798
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →