302, Balqis Residence 1
Sold prices and rental history: sold twice, last in December 2019, 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 302, Balqis Residence 1
What is 302 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 25 December 2019.
Key facts
- Type
- 4-bed apartment
- Size
- 3,291 sqft
- Floor
- 3rd of 11
- Parking
- B-94, B-95
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 58,600 /yr
- Last sold
- AED 3M · December 2019
- Building
- Balqis Residence 1
About 302, Balqis Residence 1
302 is a four-bedroom apartment of 3,291 sqft on the 3rd floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 25 December 2019 for AED 3,000,000, or AED 911 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 302 over time
302 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 302 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 3rd floor
All 54 units in Balqis Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 301 | 3-bed | 2,443 sqft | AED 3.2MAED 3,200,000 · Mar 2022March 2022 | 10,000 /yr | |
| 303 | 2-bed | 1,971 sqft | AED 3.31MAED 3,310,000 · Jun 2024June 2024 | 235,000 /yr | |
| 304 | 2-bed | 2,093 sqft | AED 2.63MAED 2,633,000 · May 2016May 2016 | 151,595 /yr | |
| 305 | 3-bed | 2,284 sqft | AED 1.69MAED 1,690,000 · Jun 2020June 2020 | 338,625 /yr | |
| 306 | 4-bed | 3,378 sqft | AED 3.1MAED 3,100,000 · Feb 2021February 2021 | ||
| 307 | 2-bed | 2,008 sqft | AED 3.75MAED 3,750,000 · Apr 2025April 2025 | 210,000 /yr | |
| 308 | 2-bed | 2,204 sqft | AED 2.5MAED 2,500,000 · Feb 2022February 2022 | 250,000 /yr |
302, Balqis Residence 1 in numbers
- Sold twice: first on 17 August 2009 for AED 5,900,000, last on 25 December 2019 for AED 3,000,000 (AED 911 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 25 December 2019.
Questions about 302, Balqis Residence 1
What did unit 302 last sell for?
AED 3,000,000 on 25 December 2019: AED 911 per sqft for 3,291 sqft. The unit has 2 registered sales; the first was AED 5,900,000 in August 2009.
How big is unit 302?
3,291 sqft (305.7 sqm): a four-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2019.
What is unit 302 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 302? Put it on the OpenOffers board
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Mortgage on 302, Balqis Residence 1
Starts from the last sale price (AED 3M, 25 December 2019). Switch to today's estimate once you have unlocked it.- Price
- AED 3,000,000
- Deposit, UAE resident (20%)
- AED 600,000
- Deposit, non-resident (40%)
- AED 1,200,000
- Monthly over 25 years at 3.7%
- AED 12,274
Plus AED 131,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →