G07, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in September 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for G07, Balqis Residence 3
What is G07 worth today?
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Source: Dubai Land Department. Updated 7 September 2014.
Key facts
- Type
- Studio hotel apartment
- Size
- 799 sqft
- Floor
- Ground of 11
- Parking
- B-447
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 14,200 /yr
- Last sold
- AED 1.76M · September 2014
- Building
- Balqis Residence 3
About G07, Balqis Residence 3
G07 is a studio of 799 sqft on the ground floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 7 September 2014 for AED 1,764,000, or AED 2,206 per sqft, in line with the AED 2,206 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for G07 over time
G07 has sold once; the dashed line is the studio median of each year in the building.
Studios in Balqis Residence 3, and where G07 sits
All 44 studios →G07 last sold in September 2014 at AED 2,206 per sqft, in line with what studios in Balqis Residence 3 were fetching at the time (AED 2,206). Over the last 12 months studios sold for AED 1,098,982 to 1,780,000, around AED 2,100 per sqft, and rent for AED 47,663 to 47,663 a year.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 14 Nov 202514 November 2025 | 703 sqft | 1,780,000 | 2,532 | ||
| 14 Nov 202514 November 2025 | 659 sqft | 1,098,982 | 1,667 | ||
| 6 Mar 20256 March 2025 | 792 sqft | 1,100,000 | 1,389 | ||
| 21 Oct 202421 October 2024 | 703 sqft | 1,250,000 | 1,778 |
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 ground floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | Studio | 737 sqft | AED 1.1MAED 1,100,000 · Feb 2023February 2023 | ||
| G02 | 2-bed | 1,891 sqft | AED 2.32MAED 2,322,746 · Dec 2022December 2022 | ||
| G03 | 2-bed | 2,070 sqft | AED 3.11MAED 3,111,726 · Sep 2026September 2026 | ||
| G04 | 1-bed | 1,198 sqft | No registered sale | ||
| G05 | 2-bed | 1,700 sqft | AED 2.4MAED 2,397,226 · Dec 2022December 2022 | ||
| G06 | 2-bed | 2,122 sqft | No registered sale | ||
| G08 | Studio | 723 sqft | AED 1.4MAED 1,400,000 · Jul 2020July 2020 | ||
| G09 | 3-bed | 2,861 sqft | AED 3.1MAED 3,100,000 · Mar 2024March 2024 | ||
| G10 | Studio | 782 sqft | AED 1.37MAED 1,368,308 · Feb 2024February 2024 | 47,663 /yr | |
| G11 | 1-bed | 1,045 sqft | AED 1.28MAED 1,283,570 · Nov 2025November 2025 | ||
| G12 | 1-bed | 1,199 sqft | AED 1.45MAED 1,449,000 · Feb 2024February 2024 |
G07, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 7 September 2014 for AED 1,764,000, or AED 2,206 per sqft.
- Studios in Balqis Residence 3 sold for AED 1,098,982–1,780,000 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 September 2014.
Questions about G07, Balqis Residence 3
What did unit G07 last sell for?
AED 1,764,000 on 7 September 2014, sold by the developer: AED 2,206 per sqft for 799 sqft. It is the only registered sale of the unit.
How big is unit G07?
799 sqft (74.2 sqm): a studio on the ground floor of a 11-storey tower completed in 2019.
What is unit G07 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Balqis Residence 3 sold for AED 1,098,982 to 1,780,000 in the last 12 months, around AED 2,100 per sqft.
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Mortgage on G07, Balqis Residence 3
Starts from the last sale price (AED 1.76M, 7 September 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 1,764,000
- Deposit, UAE resident (20%)
- AED 352,800
- Deposit, non-resident (40%)
- AED 705,600
- Monthly over 25 years at 3.7%
- AED 7,217
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →