101, Balqis Residence 1
Sold prices and rental history: sold once, by the developer in April 2025, and rented since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 101, Balqis Residence 1
What is 101 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 13 April 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 4,283 sqft
- Floor
- 1st of 11
- Parking
- G-41, G-42
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 76,300 /yr
- Last sold
- AED 4M · April 2025
- Building
- Balqis Residence 1
About 101, Balqis Residence 1
101 is a three-bedroom apartment of 4,283 sqft on the 1st floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 13 April 2025 for AED 4,000,000, or AED 934 per sqft, 57% below the AED 2,175 three-beds in the building were fetching at the time.
It has been rented since 2022 on 3 Ejari contracts. The current contract, renewed on 25 January 2024, is AED 100,000 a year: a gross yield of 2.5% on the 2025 price, before the service charge of about AED 76,300 a year.
Sales and rents for 101 over time
101 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Balqis Residence 1, and where 101 sits
All 17 3-beds →101 last sold in April 2025 at AED 934 per sqft, 57% below what three-beds in Balqis Residence 1 were fetching at the time (AED 2,175). Over the last 12 months three-beds sold for AED 5,850,000, around AED 2,562 per sqft, and rent for AED 310,000 to 325,000 a year.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 4 Jun 20254 June 2025 | 5,225 sqft | 16,850,000 | 3,224 | ||
| 25 Oct 202425 October 2024 | 4,918 sqft | 10,700,000 | 2,175 | ||
| 4 Jun 20244 June 2024 | 5,225 sqft | 12,200,000 | 2,334 | ||
| 20 Nov 202320 November 2023 | 5,628 sqft | 12,000,000 | 2,132 |
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 1st floor
All 54 units in Balqis Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | 3-bed | 3,725 sqft | AED 3.13MAED 3,125,000 · Nov 2012November 2012 | 205,000 /yr |
101, Balqis Residence 1 in numbers
- Sold once: by Balqis Residence on 13 April 2025 for AED 4,000,000, or AED 934 per sqft.
- Rented since January 2022 on 3 Ejari contracts, at AED 100,000 a year.
- At AED 100,000 a year the gross yield on the 2025 price is 2.5%, before a service charge of about AED 76,300 a year (AED 17.81 per sqft).
- Three-beds in Balqis Residence 1 sold for AED 5,850,000–5,850,000 in the 12 months to November 2026; the building's median across all types is AED 2,562 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 13 April 2025.
Questions about 101, Balqis Residence 1
What did unit 101 last sell for?
AED 4,000,000 on 13 April 2025, sold by the developer: AED 934 per sqft for 4,283 sqft. It is the only registered sale of the unit.
What is the rent for unit 101?
AED 100,000 a year on the contract renewed on 25 January 2024. The previous contract, from January 2023, was AED 100,000; the unit has been rented since January 2022.
How big is unit 101?
4,283 sqft (397.9 sqm): a three-bedroom apartment on the 1st floor of a 11-storey tower completed in 2019.
What is unit 101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Three-beds in Balqis Residence 1 sold for AED 5,850,000 to 5,850,000 in the last 12 months, around AED 2,562 per sqft.
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Mortgage on 101, Balqis Residence 1
Starts from the last sale price (AED 4M, 13 April 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 4,000,000
- Deposit, UAE resident (20%)
- AED 800,000
- Deposit, non-resident (40%)
- AED 1,600,000
- Monthly over 25 years at 3.7%
- AED 16,365
Plus AED 173,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →