2-bed · 1,909 sqftBalqis Residence 3, Palm Jumeirah · 8th floor · completed 2019

804, Balqis Residence 3

Sold prices and rental history: sold once, by the developer in August 2009, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 804 · DLD and Ejari recordsUpdated 1 August 2021
Last soldAED 4.38M13 August 2009
Current rentAED 105K /yr1 August 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 804, Balqis Residence 3

What is 804 worth today?

Last sold for AED 4,380,000 in 2009

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1 Aug 2021RentedNew contract
AED 105,000/yr12 months · AED 55 per sqft
1 Aug 2020RentedNew contract
AED 105,000/yr12 months · AED 54 per sqft
13 Aug 2009Sold by developerOff-plan
AED 4,380,000AED 2,293 per sqft

Source: Dubai Land Department. Updated 1 August 2021.

Key facts

Type
2-bed apartment
Size
1,909 sqft
Floor
8th of 11
Parking
B-387
Developer
Balqis Residence
Completed
2019
Service charge
AED 34,000 /yr
Last sold
AED 4.38M · August 2009

About 804, Balqis Residence 3

804 is a two-bedroom apartment of 1,909 sqft on the 8th 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 4,380,000, or AED 2,293 per sqft, in line with the AED 2,267 two-beds in the building were fetching at the time.

It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 August 2021, is AED 105,000 a year: a gross yield of 2.4% on the 2009 price, before the service charge of about AED 34,000 a year.

Sales and rents for 804 over time

Sales
Unit 804, each saleTypical two-bed in Balqis Residence 3
2M4M2009201320172021Typical sale price by year: 2009 AED 4,330,000; 2020 AED 1,500,000; 2021 AED 1,785,000; 2022 AED 2,541,285; 2023 AED 2,890,292Sold by developer, August 2009: AED 4,380,000 (AED 2,293 per sqft)

804 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 804, each contractTypical two-bed in Balqis Residence 3
100K150K200K2020202220242026Typical rent by year: 2020 AED 115,000; 2021 AED 110,000; 2022 AED 130,750; 2023 AED 200,000; 2024 AED 210,000; 2025 AED 210,000; 2026 AED 215,000New contract, August 2020: AED 105,000 a yearNew contract, August 2021: AED 105,000 a year

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 804 sits

All 29 2-beds →

804 last sold in August 2009 at AED 2,293 per sqft, in line with what two-beds in Balqis Residence 3 were fetching at the time (AED 2,267). 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. 804's AED 105,000 is at the bottom of that range.

Recent 2-bed salesUnit no.Price (AED)Summary
20 Oct 20263,754,844
22 Sep 20263,111,726
20 Oct 20254,100,000
26 May 20254,100,000
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 8th floor

All 144 units in Balqis Residence 3
Value
8013-bedAED 6.18M · Nov 2025
8024-bedAED 10.65M · Dec 2023
8033-bedAED 4.86M · Jul 2024
8053-bedAED 6M · Apr 2013
8065-bedAED 7.8M · Aug 2025
8072-bedAED 4.1M · Jun 2023
8082-bedAED 4.1M · May 2025

804, Balqis Residence 3 in numbers

  • Sold once: by Balqis Residence on 13 August 2009 for AED 4,380,000, or AED 2,293 per sqft.
  • Rented since August 2020 on 2 Ejari contracts, at AED 105,000 a year.
  • At AED 105,000 a year the gross yield on the 2009 price is 2.4%, before a service charge of about AED 34,000 a year (AED 17.81 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 1 August 2021.

Questions about 804, Balqis Residence 3

What did unit 804 last sell for?

AED 4,380,000 on 13 August 2009, sold by the developer: AED 2,293 per sqft for 1,909 sqft. It is the only registered sale of the unit.

What is the rent for unit 804?

AED 105,000 a year on the contract signed on 1 August 2021. The previous contract, from August 2020, was AED 105,000.

How big is unit 804?

1,909 sqft (177.4 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.

What is unit 804 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 804, Balqis Residence 3

Starts from the last sale price (AED 4.38M, 13 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 4,380,000
Deposit, UAE resident (20%)
AED 876,000
Deposit, non-resident (40%)
AED 1,752,000
Monthly over 25 years at 3.7%
AED 17,920

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