1003, Balqis Residence 1
Sold prices and rental history: sold twice, last in March 2021, 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 1003, Balqis Residence 1
What is 1003 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 3,353 sqft
- Floor
- 10th of 11
- Parking
- B-100, B-101
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 59,700 /yr
- Last sold
- AED 3.5M · March 2021
- Building
- Balqis Residence 1
About 1003, Balqis Residence 1
1003 is a four-bedroom apartment of 3,353 sqft on the 10th floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 8 March 2021 for AED 3,500,000, or AED 1,043 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 1003 over time
1003 has sold twice; the dashed line is the four-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.
4-beds in Balqis Residence 1, and where 1003 sits
All 10 4-beds →| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 17 Apr 202517 April 2025 | 3,360 sqft | 8,800,000 | 2,618 | ||
| 1 Jul 20241 July 2024 | 3,356 sqft | 8,700,000 | 2,592 | ||
| 29 Nov 202229 November 2022 | 8,037 sqft | 10,388,280 | 1,292 | ||
| 29 Nov 202229 November 2022 | 9,542 sqft | 11,488,680 | 1,204 |
Balqis Residence 1
Building54 apartments, 2-bed to 6-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 3 sold in the last 12 months.
- Typical price per sqft
- AED 2,562
- Typical sale
- AED 6.5M
- Typical rent
- AED 291K /yr
- Typical yield
- 5.4%
Other units on the 10th floor
All 54 units in Balqis Residence 11003, Balqis Residence 1 in numbers
- Sold twice: first on 15 October 2009 for AED 9,975,000, last on 8 March 2021 for AED 3,500,000 (AED 1,043 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 8 March 2021.
Questions about 1003, Balqis Residence 1
What did unit 1003 last sell for?
AED 3,500,000 on 8 March 2021: AED 1,043 per sqft for 3,353 sqft. The unit has 2 registered sales; the first was AED 9,975,000 in October 2009.
How big is unit 1003?
3,353 sqft (311.5 sqm): a four-bedroom apartment on the 10th floor of a 11-storey tower completed in 2019.
What is unit 1003 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 1003? Put it on the OpenOffers board
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Mortgage on 1003, Balqis Residence 1
Starts from the last sale price (AED 3.5M, 8 March 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,500,000
- Deposit, UAE resident (20%)
- AED 700,000
- Deposit, non-resident (40%)
- AED 1,400,000
- Monthly over 25 years at 3.7%
- AED 14,320
Plus AED 152,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →