802, Balqis Residence 3
Sold prices and rental history: sold twice, last in December 2023, and rented once, from June 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 802, Balqis Residence 3
What is 802 worth today?
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Source: Dubai Land Department. Updated 19 December 2023.
Key facts
- Type
- 4-bed apartment
- Size
- 3,493 sqft
- Floor
- 8th of 11
- Parking
- B-145, B-149
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 62,200 /yr
- Last sold
- AED 10.65M · December 2023
- Building
- Balqis Residence 3
About 802, Balqis Residence 3
802 is a four-bedroom apartment of 3,493 sqft on the 8th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 19 December 2023 for AED 10,650,000, or AED 3,048 per sqft.
One Ejari contract is registered, from 5 June 2020. The current contract, signed on 5 June 2020, is AED 174,951 a year: a gross yield of 1.6% on the 2023 price, before the service charge of about AED 62,200 a year.
4-beds in Balqis Residence 3, and where 802 sits
All 5 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 31 Oct 202331 October 2023 | 3,489 sqft | 6,431,000 | 1,843 | ||
| 9 Mar 20219 March 2021 | 3,509 sqft | 3,100,000 | 883 | ||
| 19 Nov 201819 November 2018 | 3,498 sqft | 4,200,000 | 1,200 | ||
| 14 Mar 201114 March 2011 | 3,493 sqft | 4,820,000 | 1,379 |
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 8th floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 3-bed | 2,433 sqft | AED 6.18MAED 6,180,000 · Nov 2025November 2025 | 304,500 /yr | |
| 803 | 3-bed | 2,485 sqft | AED 4.86MAED 4,862,000 · Jul 2024July 2024 | 360,000 /yr | |
| 804 | 2-bed | 1,909 sqft | AED 4.38MAED 4,380,000 · Aug 2009August 2009 | 105,000 /yr | |
| 805 | 3-bed | 2,328 sqft | AED 6MAED 6,000,000 · Apr 2013April 2013 | 231,000 /yr | |
| 806 | 5-bed | 3,490 sqft | AED 7.8MAED 7,800,000 · Aug 2025August 2025 | 500,000 /yr | |
| 807 | 2-bed | 1,877 sqft | AED 4.1MAED 4,100,000 · Jun 2023June 2023 | 215,000 /yr | |
| 808 | 2-bed | 1,958 sqft | AED 4.1MAED 4,100,000 · May 2025May 2025 | 146,108 /yr |
802, Balqis Residence 3 in numbers
- Sold twice: first on 24 December 2013 for AED 5,750,000, last on 19 December 2023 for AED 10,650,000 (AED 3,048 per sqft).
- Rented since June 2020 on one Ejari contract, at AED 174,951 a year.
- At AED 174,951 a year the gross yield on the 2023 price is 1.6%, before a service charge of about AED 62,200 a year (AED 17.81 per sqft).
Source: Dubai Land Department. Updated 19 December 2023.
Questions about 802, Balqis Residence 3
What did unit 802 last sell for?
AED 10,650,000 on 19 December 2023: AED 3,048 per sqft for 3,493 sqft. The unit has 2 registered sales; the first was AED 5,750,000 in December 2013.
What is the rent for unit 802?
AED 174,951 a year on the contract signed on 5 June 2020.
How big is unit 802?
3,493 sqft (324.5 sqm): a four-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.
What is unit 802 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 802, Balqis Residence 3
Starts from the last sale price (AED 10.65M, 19 December 2023). Switch to today's estimate once you have unlocked it.- Price
- AED 10,650,000
- Deposit, UAE resident (20%)
- AED 2,130,000
- Deposit, non-resident (40%)
- AED 4,260,000
- Monthly over 25 years at 3.7%
- AED 43,572
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →