109, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in July 2020, 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 109, Balqis Residence 3
What is 109 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 19 July 2020.
Key facts
- Type
- Studio hotel apartment
- Size
- 660 sqft
- Floor
- 1st of 11
- Parking
- B-167
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 11,700 /yr
- Last sold
- AED 1.4M · July 2020
- Building
- Balqis Residence 3
About 109, Balqis Residence 3
109 is a studio of 660 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 19 July 2020 for AED 1,396,500, or AED 2,117 per sqft, 9% above the AED 1,935 studios in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 109 over time
109 has sold once; the dashed line is the studio median of each year in the building.
Studios in Balqis Residence 3, and where 109 sits
All 42 studios →109 last sold in July 2020 at AED 2,117 per sqft, 9% above what studios in Balqis Residence 3 were fetching at the time (AED 1,935). 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 | ||
| 8 Feb 20248 February 2024 | 667 sqft | 1,228,728 | 1,842 | ||
| 19 Jan 202419 January 2024 | 792 sqft | 1,160,000 | 1,465 |
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 | |||||
|---|---|---|---|---|---|
| 101 | Studio | 667 sqft | AED 1.23MAED 1,228,728 · Feb 2024February 2024 | ||
| 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 | ||
| 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 |
109, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 19 July 2020 for AED 1,396,500, or AED 2,117 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 19 July 2020.
Questions about 109, Balqis Residence 3
What did unit 109 last sell for?
AED 1,396,500 on 19 July 2020, sold by the developer: AED 2,117 per sqft for 660 sqft. It is the only registered sale of the unit.
How big is unit 109?
660 sqft (61.3 sqm): a studio on the 1st floor of a 11-storey tower completed in 2019.
What is unit 109 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 109, Balqis Residence 3
Starts from the last sale price (AED 1.4M, 19 July 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,396,500
- Deposit, UAE resident (20%)
- AED 279,300
- Deposit, non-resident (40%)
- AED 558,600
- Monthly over 25 years at 3.7%
- AED 5,714
Plus AED 63,663 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →