Studio · 807 sqftBalqis Residence 3, Palm Jumeirah · 1st floor · completed 2019

106, Balqis Residence 3

Sold prices and rental history: sold once, by the developer in September 2014, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 106 · DLD and Ejari recordsUpdated 7 September 2014
Last soldAED 1.68M7 September 2014
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 106, Balqis Residence 3

What is 106 worth today?

Last sold for AED 1,680,000 in 2014

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7 Sep 2014Sold by developerOff-plan
AED 1,680,000AED 2,081 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2014.

Key facts

Type
Studio hotel apartment
Size
807 sqft
Floor
1st of 11
Parking
B-456
Developer
Balqis Residence
Completed
2019
Service charge
AED 14,400 /yr
Last sold
AED 1.68M · September 2014

About 106, Balqis Residence 3

106 is a studio of 807 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 7 September 2014 for AED 1,680,000, or AED 2,081 per sqft, 6% below the AED 2,206 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 106 over time

Sales
Unit 106, each saleTypical studio in Balqis Residence 3
1.25M1.5M1.75M20132016201920222025Typical sale price by year: 2013 AED 1,370,000; 2014 AED 1,680,000; 2020 AED 1,400,000; 2022 AED 1,278,467; 2023 AED 1,279,319; 2024 AED 1,228,728Sold by developer, September 2014: AED 1,680,000 (AED 2,081 per sqft)

106 has sold once; the dashed line is the studio median of each year in the building.

Studios in Balqis Residence 3, and where 106 sits

All 42 studios →

106 last sold in September 2014 at AED 2,081 per sqft, 6% below what studios in Balqis Residence 3 were fetching at the time (AED 2,206).

Recent studio salesUnit no.Price (AED)Summary
6 Mar 20251,100,000
8 Feb 20241,368,308
8 Feb 20241,228,728
19 Jan 20241,160,000
0 studio sales in the last 12 months

Balqis Residence 3

Building

144 apartments, studios to 9-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 1 sold in the last 12 months.

Typical price per sqft
AED 1,667
Typical sale
AED 2.1M
Typical rent
AED 320K /yr
Typical yield
8.6%
Balqis Residence 3, Palm Jumeirah: prices, sales and rents →

Other units on the 1st floor

All 144 units in Balqis Residence 3
Value
101StudioAED 1.23M · Feb 2024
1023-bedAED 3.07M · Jan 2023
1032-bedAED 2.5M · Nov 2022
104StudioAED 1.1M · Mar 2025
1051-bedAED 2.43M · Sep 2014
1073-bedNo registered sale
1081-bedNo registered sale
1–7 of 17

106, Balqis Residence 3 in numbers

  • Sold once: by Balqis Residence on 7 September 2014 for AED 1,680,000, or AED 2,081 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 7 September 2014.

Questions about 106, Balqis Residence 3

What did unit 106 last sell for?

AED 1,680,000 on 7 September 2014, sold by the developer: AED 2,081 per sqft for 807 sqft. It is the only registered sale of the unit.

How big is unit 106?

807 sqft (75.0 sqm): a studio on the 1st floor of a 11-storey tower completed in 2019.

What is unit 106 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 106, Balqis Residence 3

Starts from the last sale price (AED 1.68M, 7 September 2014). Switch to today's estimate once you have unlocked it.
Price
AED 1,680,000
Deposit, UAE resident (20%)
AED 336,000
Deposit, non-resident (40%)
AED 672,000
Monthly over 25 years at 3.7%
AED 6,873

Plus AED 75,570 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →