101, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in February 2024, 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 101, Balqis Residence 3
What is 101 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2024.
Key facts
- Type
- Studio hotel apartment
- Size
- 667 sqft
- Floor
- 1st of 11
- Parking
- B-212
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 11,900 /yr
- Last sold
- AED 1.23M · February 2024
- Building
- Balqis Residence 3
About 101, Balqis Residence 3
101 is a studio of 667 sqft on the 1st floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 8 February 2024 for AED 1,228,728, or AED 1,842 per sqft, 14% above the AED 1,620 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 101 over time
101 has sold once; the dashed line is the studio median of each year in the building.
Studios in Balqis Residence 3, and where 101 sits
All 42 studios →101 last sold in February 2024 at AED 1,842 per sqft, 14% above what studios in Balqis Residence 3 were fetching at the time (AED 1,620). Over the last 12 months studios sold for AED 1,098,982 to 1,780,000, around AED 2,100 per sqft.
| Recent studio sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 6 Mar 20256 March 2025 | 792 sqft | 1,100,000 | 1,389 | ||
| 8 Feb 20248 February 2024 | 782 sqft | 1,368,308 | 1,749 | ||
| 19 Jan 202419 January 2024 | 792 sqft | 1,160,000 | 1,465 | ||
| 13 Feb 202313 February 2023 | 737 sqft | 1,100,000 | 1,491 |
Balqis Residence 3
Building144 apartments, studios to 9-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 1,667
- Typical sale
- AED 1.78M
- Typical rent
- AED 320K /yr
- Typical yield
- 8.6%
Other units on the 1st floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | 3-bed | 1,447 sqft | AED 3.07MAED 3,067,803 · Jan 2023January 2023 | ||
| 103 | 2-bed | 1,451 sqft | AED 2.5MAED 2,500,000 · Nov 2022November 2022 | ||
| 104 | Studio | 792 sqft | AED 1.1MAED 1,100,000 · Mar 2025March 2025 | ||
| 105 | 1-bed | 1,484 sqft | AED 2.43MAED 2,426,345 · Sep 2014September 2014 | ||
| 106 | Studio | 807 sqft | AED 1.68MAED 1,680,000 · Sep 2014September 2014 | ||
| 107 | 3-bed | 2,056 sqft | No registered sale | ||
| 108 | 1-bed | 1,536 sqft | No registered sale | ||
| 109 | Studio | 660 sqft | AED 1.4MAED 1,396,500 · Jul 2020July 2020 | ||
| 110 | Studio | 692 sqft | AED 1.29MAED 1,288,888 · Jul 2020July 2020 | ||
| 111 | 3-bed | 1,988 sqft | AED 3.26MAED 3,263,828 · Nov 2022November 2022 | ||
| 112 | 3-bed | 1,945 sqft | AED 2.37MAED 2,372,438 · Jun 2024June 2024 | ||
| 113 | Studio | 800 sqft | AED 1.42MAED 1,418,576 · Jan 2023January 2023 | ||
| 114 | 1-bed | 1,129 sqft | AED 2.04MAED 2,035,250 · Jan 2023January 2023 | ||
| 115 | 1-bed | 1,301 sqft | AED 1.66MAED 1,659,280 · Feb 2024February 2024 | ||
| 116 | Studio | 685 sqft | AED 1.2MAED 1,204,320 · Jan 2023January 2023 | ||
| 117 | Studio | 798 sqft | AED 1.43MAED 1,428,940 · Jan 2023January 2023 | ||
| 118 | 2-bed | 1,579 sqft | AED 2.89MAED 2,890,292 · Jan 2023January 2023 |
101, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 8 February 2024 for AED 1,228,728, or AED 1,842 per sqft.
- Studios in Balqis Residence 3 sold for AED 1,098,982–1,780,000 in the 12 months to November 2026; the building's median across all types is AED 1,667 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2024.
Questions about 101, Balqis Residence 3
What did unit 101 last sell for?
AED 1,228,728 on 8 February 2024, sold by the developer: AED 1,842 per sqft for 667 sqft. It is the only registered sale of the unit.
How big is unit 101?
667 sqft (62.0 sqm): a studio 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. Studios in Balqis Residence 3 sold for AED 1,098,982 to 1,780,000 in the last 12 months, around AED 2,100 per sqft.
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Mortgage on 101, Balqis Residence 3
Starts from the last sale price (AED 1.23M, 8 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,228,728
- Deposit, UAE resident (20%)
- AED 245,746
- Deposit, non-resident (40%)
- AED 491,491
- Monthly over 25 years at 3.7%
- AED 5,027
Plus AED 56,616 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →