2-bed · 1,877 sqftBalqis Residence 3, Palm Jumeirah · 7th floor · completed 2019

707, Balqis Residence 3

Sold prices and rental history: sold 3 times, last in May 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 707 · DLD and Ejari recordsUpdated 31 May 2020

Last soldAED 1.5M31 May 2020

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Today's valuefree after one verification

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Property timeline for 707, Balqis Residence 3

Today

What is 707 worth today?

Last sold for AED 1,500,000 in 2020

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31 May 2020

31 May 2020SoldOff-plan

AED 1,500,000AED 799 per sqft

23 Feb 2020

23 Feb 2020SoldOff-plan

AED 2,000,000AED 1,065 per sqft

16 Aug 2009

16 Aug 2009Sold by developerOff-plan

AED 4,256,000AED 2,267 per sqft

Source: Dubai Land Department. Updated 31 May 2020.

Key facts

Type: 2-bed apartment
Size: 1,877 sqft
Floor: 7th of 11
Parking: B-337
Developer: Balqis Residence
Completed: 2019
Service charge: AED 33,400 /yr
Last sold: AED 1.5M · May 2020
Building: Balqis Residence 3

About 707, Balqis Residence 3

707 is a two-bedroom apartment of 1,877 sqft on the 7th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 31 May 2020 for AED 1,500,000, or AED 799 per sqft.

No rental contract for the unit is registered on Ejari.

Sales and rents for 707 over time

Sales

Unit 707, each saleTypical two-bed in Balqis Residence 3

707 has sold 3 times; the dashed line is the two-bed median of each year in the building.

Rents

Unit 707, each contractTypical two-bed in Balqis Residence 3

Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.

2-beds in Balqis Residence 3, and where 707 sits

All 29 2-beds →

2-beds in Balqis Residence 3 · last 12 months1,626 /sqft Balqis Residence 3 · all types1,708 /sqft

Over the last 12 months two-beds sold for AED 3,111,726 to 3,754,844, around AED 1,626 per sqft, and rent for AED 165,000 to 300,000 a year.

Recent 2-bed sales	Size	Price (AED)	Per sqft
20 Oct 202620 October 2026	2,147 sqft	3,754,844	1,748
22 Sep 202622 September 2026	2,070 sqft	3,111,726	1,503
20 Oct 202520 October 2025	1,909 sqft	4,100,000	2,147
26 May 202526 May 2025	1,958 sqft	4,100,000	2,094

2 2-bed 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 7th floor

All 144 units in Balqis Residence 3


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
706	5-bed	3,490 sqft	AED 6.61MAED 6,605,000 · Aug 2009August 2009
708	2-bed	2,043 sqft	AED 4.48MAED 4,480,000 · Aug 2009August 2009	230,000 /yr

707, Balqis Residence 3 in numbers

Sold 3 times: first on 16 August 2009 for AED 4,256,000, last on 31 May 2020 for AED 1,500,000 (AED 799 per sqft).
Two-beds in Balqis Residence 3 sold for AED 3,111,726–3,754,844 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 31 May 2020.

Questions about 707, Balqis Residence 3

What did unit 707 last sell for?

AED 1,500,000 on 31 May 2020: AED 799 per sqft for 1,877 sqft. The unit has 3 registered sales; the first was AED 4,256,000 in August 2009.

How big is unit 707?

1,877 sqft (174.4 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2019.

What is unit 707 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Balqis Residence 3 sold for AED 3,111,726 to 3,754,844 in the last 12 months, around AED 1,626 per sqft.

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Mortgage on 707, Balqis Residence 3

Starts from the last sale price (AED 1.5M, 31 May 2020). Switch to today's estimate once you have unlocked it.

Price: AED 1,500,000
Deposit, UAE resident (20%): AED 300,000
Deposit, non-resident (40%): AED 600,000
Monthly over 25 years at 3.7%: AED 6,137

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