2-bed · 1,958 sqftBalqis Residence 3, Palm Jumeirah · 8th floor · completed 2019

808, Balqis Residence 3

Sold prices and rental history: sold twice, last in May 2025, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 808 · DLD and Ejari recordsUpdated 26 May 2025
Last soldAED 4.1M26 May 2025
Current rentAED 146K /yr15 March 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 808, Balqis Residence 3

What is 808 worth today?

Last sold for AED 4,100,000 in 2025

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26 May 2025SoldReady
AED 4,100,000AED 2,094 per sqft
15 Mar 2024RentedRenewal
AED 146,108/yr12 months · AED 75 per sqft
15 Mar 2023RentedRenewal
AED 132,825/yr12 months · AED 68 per sqft
15 Mar 2022RentedRenewal
AED 126,500/yr12 months · AED 65 per sqft
15 Mar 2021RentedNew contract
AED 115,000/yr12 months · AED 59 per sqft
25 Sep 2020RentedNew contract
AED 115,000/yr12 months · AED 56 per sqft
20 Feb 2013Sold by developerOff-plan
AED 3,222,582AED 1,646 per sqft

Source: Dubai Land Department. Updated 26 May 2025.

Key facts

Type
2-bed apartment
Size
1,958 sqft
Floor
8th of 11
Parking
B-391
Developer
Balqis Residence
Completed
2019
Service charge
AED 34,900 /yr
Last sold
AED 4.1M · May 2025

About 808, Balqis Residence 3

808 is a two-bedroom apartment of 1,958 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 26 May 2025 for AED 4,100,000, or AED 2,094 per sqft.

It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 15 March 2024, is AED 146,108 a year: a gross yield of 3.6% on the 2025 price, before the service charge of about AED 34,900 a year.

Sales and rents for 808 over time

Sales
Unit 808, each saleTypical two-bed in Balqis Residence 3
2M4M2009201420192024Typical 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, February 2013: AED 3,222,582 (AED 1,646 per sqft)Sold, May 2025: AED 4,100,000 (AED 2,094 per sqft)

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

Rents
Unit 808, 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, September 2020: AED 115,000 a yearNew contract, March 2021: AED 115,000 a yearRenewal, March 2022: AED 126,500 a yearRenewal, March 2023: AED 132,825 a yearRenewal, March 2024: AED 146,108 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 808 sits

All 29 2-beds →

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. 808's AED 146,108 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
1 Jun 20234,100,000
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
8042-bedAED 4.38M · Aug 2009
8053-bedAED 6M · Apr 2013
8065-bedAED 7.8M · Aug 2025
8072-bedAED 4.1M · Jun 2023

808, Balqis Residence 3 in numbers

  • Sold twice: first on 20 February 2013 for AED 3,222,582, last on 26 May 2025 for AED 4,100,000 (AED 2,094 per sqft).
  • Rented since September 2020 on 5 Ejari contracts, from AED 115,000 to AED 146,108 a year.
  • At AED 146,108 a year the gross yield on the 2025 price is 3.6%, before a service charge of about AED 34,900 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 26 May 2025.

Questions about 808, Balqis Residence 3

What did unit 808 last sell for?

AED 4,100,000 on 26 May 2025: AED 2,094 per sqft for 1,958 sqft. The unit has 2 registered sales; the first was AED 3,222,582 in February 2013.

What is the rent for unit 808?

AED 146,108 a year on the contract renewed on 15 March 2024. The previous contract, from March 2023, was AED 132,825; the unit has been rented since September 2020.

How big is unit 808?

1,958 sqft (181.9 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.

What is unit 808 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 808, Balqis Residence 3

Starts from the last sale price (AED 4.1M, 26 May 2025). Switch to today's estimate once you have unlocked it.
Price
AED 4,100,000
Deposit, UAE resident (20%)
AED 820,000
Deposit, non-resident (40%)
AED 1,640,000
Monthly over 25 years at 3.7%
AED 16,774

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