706, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in August 2009, 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 706, Balqis Residence 3
What is 706 worth today?
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Source: Dubai Land Department. Updated 13 August 2009.
Key facts
- Type
- 5-bed apartment
- Size
- 3,490 sqft
- Floor
- 7th of 11
- Parking
- B-71, B-72
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 62,200 /yr
- Last sold
- AED 6.61M · August 2009
- Building
- Balqis Residence 3
About 706, Balqis Residence 3
706 is a five-bedroom apartment of 3,490 sqft on the 7th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 13 August 2009 for AED 6,605,000, or AED 1,892 per sqft, in line with the AED 1,892 five-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 706 over time
706 has sold once; the dashed line is the five-bed median of each year in the building.
5-beds in Balqis Residence 3, and where 706 sits
All 6 5-beds →706 last sold in August 2009 at AED 1,892 per sqft, in line with what five-beds in Balqis Residence 3 were fetching at the time (AED 1,892).
| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Aug 202513 August 2025 | 3,490 sqft | 7,800,000 | 2,234 | ||
| 22 Nov 202122 November 2021 | 3,490 sqft | 4,000,000 | 1,145 | ||
| 6 Apr 20216 April 2021 | 3,490 sqft | 3,975,000 | 1,138 | ||
| 3 Mar 20213 March 2021 | 3,490 sqft | 3,297,693 | 944 |
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 7th floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 2,437 sqft | AED 5.8MAED 5,800,000 · Dec 2023December 2023 | ||
| 702 | 4-bed | 3,489 sqft | AED 6.43MAED 6,431,000 · Oct 2023October 2023 | 251,275 /yr | |
| 703 | 3-bed | 2,481 sqft | AED 4.4MAED 4,400,000 · Apr 2024April 2024 | 430,000 /yr | |
| 704 | 2-bed | 1,909 sqft | AED 3.45MAED 3,450,000 · Mar 2023March 2023 | 300,000 /yr | |
| 705 | 3-bed | 1,745 sqft | AED 6.4MAED 6,400,000 · Aug 2009August 2009 | 230,000 /yr | |
| 707 | 2-bed | 1,877 sqft | AED 1.5MAED 1,500,000 · May 2020May 2020 | ||
| 708 | 2-bed | 2,043 sqft | AED 4.48MAED 4,480,000 · Aug 2009August 2009 | 230,000 /yr |
706, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 13 August 2009 for AED 6,605,000, or AED 1,892 per sqft.
Source: Dubai Land Department. Updated 13 August 2009.
Questions about 706, Balqis Residence 3
What did unit 706 last sell for?
AED 6,605,000 on 13 August 2009, sold by the developer: AED 1,892 per sqft for 3,490 sqft. It is the only registered sale of the unit.
How big is unit 706?
3,490 sqft (324.2 sqm): a five-bedroom apartment on the 7th floor of a 11-storey tower completed in 2019.
What is unit 706 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 706, Balqis Residence 3
Starts from the last sale price (AED 6.61M, 13 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 6,605,000
- Deposit, UAE resident (20%)
- AED 1,321,000
- Deposit, non-resident (40%)
- AED 2,642,000
- Monthly over 25 years at 3.7%
- AED 27,023
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →