1101, Balqis Residence 1
Sold prices and rental history: sold 3 times, last in February 2026, and rented since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Balqis Residence 1
What is 1101 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 5 February 2026.
Key facts
- Type
- 6-bed apartment
- Size
- 17,360 sqft
- Floor
- 11th of 11
- Parking
- B-224, B-227, B-226
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 309,200 /yr
- Last sold
- AED 34M · February 2026
- Building
- Balqis Residence 1
About 1101, Balqis Residence 1
1101 is a six-bedroom apartment of 17,360 sqft on the 11th floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 5 February 2026 for AED 34,000,000, or AED 1,958 per sqft.
It has been rented since 2023 on 3 Ejari contracts. The current contract, renewed on 1 August 2025, is AED 3,500,000 a year: a gross yield of 10.3% on the 2026 price, before the service charge of about AED 309,200 a year.
6-beds in Balqis Residence 1, and where 1101 sits
All 1 6-beds →Over the last 12 months six-beds sold for AED 34,000,000, around AED 1,958 per sqft.
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%
1101, Balqis Residence 1 in numbers
- Sold 3 times: first on 25 February 2010 for AED 29,000,000, last on 5 February 2026 for AED 34,000,000 (AED 1,958 per sqft).
- Rented since August 2023 on 3 Ejari contracts, at AED 3,500,000 a year.
- At AED 3,500,000 a year the gross yield on the 2026 price is 10.3%, before a service charge of about AED 309,200 a year (AED 17.81 per sqft).
- Six-beds in Balqis Residence 1 sold for AED 34,000,000–34,000,000 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 5 February 2026.
Questions about 1101, Balqis Residence 1
What did unit 1101 last sell for?
AED 34,000,000 on 5 February 2026: AED 1,958 per sqft for 17,360 sqft. The unit has 3 registered sales; the first was AED 29,000,000 in February 2010.
What is the rent for unit 1101?
AED 3,500,000 a year on the contract renewed on 1 August 2025. The previous contract, from August 2024, was AED 3,500,000; the unit has been rented since August 2023.
How big is unit 1101?
17,360 sqft (1612.8 sqm): a six-bedroom apartment on the 11th floor of a 11-storey tower completed in 2019.
What is unit 1101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Six-beds in Balqis Residence 1 sold for AED 34,000,000 to 34,000,000 in the last 12 months, around AED 1,958 per sqft.
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Mortgage on 1101, Balqis Residence 1
Starts from the last sale price (AED 34M, 5 February 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 34,000,000
- Deposit, UAE resident (20%)
- AED 6,800,000
- Deposit, non-resident (40%)
- AED 13,600,000
- Monthly over 25 years at 3.7%
- AED 139,105
Plus AED 1,433,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →