602, Balqis Residence 3
Sold prices and rental history: sold twice, last in March 2021, and rented once, from September 2026. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 602, Balqis Residence 3
What is 602 worth today?
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Source: Dubai Land Department. Updated 19 September 2026.
Key facts
- Type
- 4-bed apartment
- Size
- 3,509 sqft
- Floor
- 6th of 11
- Parking
- B-147, B-148
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 62,500 /yr
- Last sold
- AED 3.1M · March 2021
- Building
- Balqis Residence 3
About 602, Balqis Residence 3
602 is a four-bedroom apartment of 3,509 sqft on the 6th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 9 March 2021 for AED 3,100,000, or AED 883 per sqft.
One Ejari contract is registered, from 19 September 2026. The current contract, signed on 19 September 2026, is AED 370,000 a year: a gross yield of 11.9% on the 2021 price, before the service charge of about AED 62,500 a year.
4-beds in Balqis Residence 3, and where 602 sits
All 5 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 19 Dec 202319 December 2023 | 3,493 sqft | 10,650,000 | 3,048 | ||
| 31 Oct 202331 October 2023 | 3,489 sqft | 6,431,000 | 1,843 | ||
| 19 Nov 201819 November 2018 | 3,498 sqft | 4,200,000 | 1,200 | ||
| 24 Dec 201324 December 2013 | 3,493 sqft | 5,750,000 | 1,646 |
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 6th floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 2,498 sqft | AED 4.99MAED 4,990,000 · Aug 2009August 2009 | 320,000 /yr | |
| 603 | 3-bed | 2,495 sqft | AED 4.3MAED 4,300,000 · Nov 2022November 2022 | 155,000 /yr | |
| 604 | 2-bed | 1,908 sqft | AED 1.4MAED 1,400,000 · Jun 2022June 2022 | 100,000 /yr | |
| 605 | 3-bed | 2,328 sqft | AED 4.15MAED 4,150,000 · Mar 2023March 2023 | 400,000 /yr | |
| 606 | 5-bed | 3,583 sqft | AED 6.48MAED 6,480,000 · Aug 2009August 2009 | ||
| 607 | 2-bed | 2,047 sqft | AED 3.91MAED 3,910,000 · Aug 2009August 2009 | 210,000 /yr | |
| 608 | 2-bed | 2,147 sqft | AED 3.75MAED 3,754,844 · Oct 2026October 2026 | 350,000 /yr |
602, Balqis Residence 3 in numbers
- Sold twice: first on 17 August 2009 for AED 6,100,000, last on 9 March 2021 for AED 3,100,000 (AED 883 per sqft).
- Rented since September 2026 on one Ejari contract, at AED 370,000 a year.
- At AED 370,000 a year the gross yield on the 2021 price is 11.9%, before a service charge of about AED 62,500 a year (AED 17.81 per sqft).
Source: Dubai Land Department. Updated 19 September 2026.
Questions about 602, Balqis Residence 3
What did unit 602 last sell for?
AED 3,100,000 on 9 March 2021: AED 883 per sqft for 3,509 sqft. The unit has 2 registered sales; the first was AED 6,100,000 in August 2009.
What is the rent for unit 602?
AED 370,000 a year on the contract signed on 19 September 2026.
How big is unit 602?
3,509 sqft (326.0 sqm): a four-bedroom apartment on the 6th floor of a 11-storey tower completed in 2019.
What is unit 602 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 602, Balqis Residence 3
Starts from the last sale price (AED 3.1M, 9 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →