803, Balqis Residence 3
Sold prices and rental history: sold twice, last in July 2024, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 803, Balqis Residence 3
What is 803 worth today?
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Source: Dubai Land Department. Updated 7 November 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,485 sqft
- Floor
- 8th of 11
- Parking
- B-356, B-357
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 44,300 /yr
- Last sold
- AED 4.86M · July 2024
- Building
- Balqis Residence 3
About 803, Balqis Residence 3
803 is a three-bedroom apartment of 2,485 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 1 July 2024 for AED 4,862,000, or AED 1,956 per sqft, 5% above the AED 1,865 three-beds in the building were fetching at the time.
It has been rented continuously since 2021 on 5 Ejari contracts. The current contract, signed on 7 November 2025, is AED 360,000 a year: a gross yield of 7.4% on the 2024 price, before the service charge of about AED 44,300 a year.
Sales and rents for 803 over time
803 has sold twice; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Balqis Residence 3, and where 803 sits
All 36 3-beds →803 last sold in July 2024 at AED 1,956 per sqft, 5% above what three-beds in Balqis Residence 3 were fetching at the time (AED 1,865). Over the last 12 months three-beds sold for AED 6,180,000, around AED 2,540 per sqft, and rent for AED 60,000 to 430,000 a year. 803's AED 360,000 is in the upper half of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 13 Nov 202513 November 2025 | 2,433 sqft | 6,180,000 | 2,540 | ||
| 3 Jun 20243 June 2024 | 1,945 sqft | 2,372,438 | 1,219 | ||
| 8 May 20248 May 2024 | 2,328 sqft | 5,800,000 | 2,491 | ||
| 4 Apr 20244 April 2024 | 2,481 sqft | 4,400,000 | 1,773 |
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 | |
| 802 | 4-bed | 3,493 sqft | AED 10.65MAED 10,650,000 · Dec 2023December 2023 | 174,951 /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 |
803, Balqis Residence 3 in numbers
- Sold twice: first on 29 November 2022 for AED 3,368,400, last on 1 July 2024 for AED 4,862,000 (AED 1,956 per sqft).
- Rented since March 2021 on 5 Ejari contracts, from AED 145,000 to AED 360,000 a year.
- At AED 360,000 a year the gross yield on the 2024 price is 7.4%, before a service charge of about AED 44,300 a year (AED 17.81 per sqft).
- Three-beds in Balqis Residence 3 sold for AED 6,180,000–6,180,000 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 7 November 2025.
Questions about 803, Balqis Residence 3
What did unit 803 last sell for?
AED 4,862,000 on 1 July 2024: AED 1,956 per sqft for 2,485 sqft. The unit has 2 registered sales; the first was AED 3,368,400 in November 2022.
What is the rent for unit 803?
AED 360,000 a year on the contract signed on 7 November 2025. The previous contract, from November 2024, was AED 355,000; the unit has been rented since March 2021.
How big is unit 803?
2,485 sqft (230.9 sqm): a three-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.
What is unit 803 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Balqis Residence 3 sold for AED 6,180,000 to 6,180,000 in the last 12 months, around AED 2,540 per sqft.
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Mortgage on 803, Balqis Residence 3
Starts from the last sale price (AED 4.86M, 1 July 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 4,862,000
- Deposit, UAE resident (20%)
- AED 972,400
- Deposit, non-resident (40%)
- AED 1,944,800
- Monthly over 25 years at 3.7%
- AED 19,892
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →