G12, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in February 2024, 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 G12, Balqis Residence 3
What is G12 worth today?
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Source: Dubai Land Department. Updated 8 February 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,199 sqft
- Floor
- Ground of 11
- Parking
- B-54
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 21,400 /yr
- Last sold
- AED 1.45M · February 2024
- Building
- Balqis Residence 3
About G12, Balqis Residence 3
G12 is a one-bedroom hotel apartment of 1,199 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 8 February 2024 for AED 1,449,000, or AED 1,208 per sqft, 5% below the AED 1,275 one-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for G12 over time
G12 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Balqis Residence 3, and where G12 sits
All 23 1-beds →G12 last sold in February 2024 at AED 1,208 per sqft, 5% below what one-beds in Balqis Residence 3 were fetching at the time (AED 1,275). Over the last 12 months one-beds sold for AED 2,101,018, around AED 1,667 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Nov 202517 November 2025 | 1,260 sqft | 2,101,018 | 1,667 | ||
| 3 Nov 20253 November 2025 | 1,045 sqft | 1,283,570 | 1,228 | ||
| 30 Apr 202530 April 2025 | 1,045 sqft | 1,834,385 | 1,755 | ||
| 8 Feb 20248 February 2024 | 1,301 sqft | 1,659,280 | 1,275 |
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 | ||
| 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, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 8 February 2024 for AED 1,449,000, or AED 1,208 per sqft.
- One-beds in Balqis Residence 3 sold for AED 2,101,018–2,101,018 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 8 February 2024.
Questions about G12, Balqis Residence 3
What did unit G12 last sell for?
AED 1,449,000 on 8 February 2024, sold by the developer: AED 1,208 per sqft for 1,199 sqft. It is the only registered sale of the unit.
How big is unit G12?
1,199 sqft (111.4 sqm): a one-bedroom hotel apartment on the ground floor of a 11-storey tower completed in 2019.
What is unit G12 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Balqis Residence 3 sold for AED 2,101,018 to 2,101,018 in the last 12 months, around AED 1,667 per sqft.
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Mortgage on G12, Balqis Residence 3
Starts from the last sale price (AED 1.45M, 8 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,449,000
- Deposit, UAE resident (20%)
- AED 289,800
- Deposit, non-resident (40%)
- AED 579,600
- Monthly over 25 years at 3.7%
- AED 5,928
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →