306, Balqis Residence 1
Sold prices and rental history: sold twice, last in February 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 306, Balqis Residence 1
What is 306 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 24 February 2021.
Key facts
- Type
- 4-bed apartment
- Size
- 3,378 sqft
- Floor
- 3rd of 11
- Parking
- B-296, B-297, B-292
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 60,200 /yr
- Last sold
- AED 3.1M · February 2021
- Building
- Balqis Residence 1
About 306, Balqis Residence 1
306 is a four-bedroom apartment of 3,378 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 24 February 2021 for AED 3,100,000, or AED 917 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 306 over time
306 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 306 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 | |
| 302 | 4-bed | 3,291 sqft | AED 3MAED 3,000,000 · Dec 2019December 2019 | ||
| 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 | |
| 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 |
306, Balqis Residence 1 in numbers
- Sold twice: first on 13 August 2009 for AED 5,900,000, last on 24 February 2021 for AED 3,100,000 (AED 917 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 24 February 2021.
Questions about 306, Balqis Residence 1
What did unit 306 last sell for?
AED 3,100,000 on 24 February 2021: AED 917 per sqft for 3,378 sqft. The unit has 2 registered sales; the first was AED 5,900,000 in August 2009.
How big is unit 306?
3,378 sqft (313.8 sqm): a four-bedroom apartment on the 3rd floor of a 11-storey tower completed in 2019.
What is unit 306 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling 306? Put it on the OpenOffers board
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Mortgage on 306, Balqis Residence 1
Starts from the last sale price (AED 3.1M, 24 February 2021). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →