G08, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in July 2020, 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 G08, Balqis Residence 3
What is G08 worth today?
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Source: Dubai Land Department. Updated 5 July 2020.
Key facts
- Type
- Studio hotel apartment
- Size
- 723 sqft
- Floor
- Ground of 11
- Parking
- B-446
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 12,900 /yr
- Last sold
- AED 1.4M · July 2020
- Building
- Balqis Residence 3
About G08, Balqis Residence 3
G08 is a studio of 723 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 5 July 2020 for AED 1,400,000, or AED 1,935 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for G08 over time
G08 has sold once; the dashed line is the studio median of each year in the building.
Studios in Balqis Residence 3, and where G08 sits
All 44 studios →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 | ||
| G07 | Studio | 799 sqft | AED 1.76MAED 1,764,000 · Sep 2014September 2014 | ||
| 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 |
G08, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 5 July 2020 for AED 1,400,000, or AED 1,935 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 5 July 2020.
Questions about G08, Balqis Residence 3
What did unit G08 last sell for?
AED 1,400,000 on 5 July 2020, sold by the developer: AED 1,935 per sqft for 723 sqft. It is the only registered sale of the unit.
How big is unit G08?
723 sqft (67.2 sqm): a studio on the ground floor of a 11-storey tower completed in 2019.
What is unit G08 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 G08, Balqis Residence 3
Starts from the last sale price (AED 1.4M, 5 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,400,000
- Deposit, UAE resident (20%)
- AED 280,000
- Deposit, non-resident (40%)
- AED 560,000
- Monthly over 25 years at 3.7%
- AED 5,728
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →