1101, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in October 2009, 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 1101, Balqis Residence 3
What is 1101 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2009.
Key facts
- Type
- 5-bed apartment
- Size
- 12,679 sqft
- Floor
- 11th of 11
- Parking
- B-182, B-183, B-368
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 225,800 /yr
- Last sold
- AED 21M · October 2009
- Building
- Balqis Residence 3
About 1101, Balqis Residence 3
1101 is a five-bedroom apartment of 12,679 sqft on the 11th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 15 October 2009 for AED 21,000,000, or AED 1,656 per sqft, 10% below the AED 1,850 five-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
5-beds in Balqis Residence 3, and where 1101 sits
All 5 5-beds →1101 last sold in October 2009 at AED 1,656 per sqft, 10% below what five-beds in Balqis Residence 3 were fetching at the time (AED 1,850).
| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 20 Jan 202020 January 2020 | 3,491 sqft | 3,800,000 | 1,088 | ||
| 12 Apr 201612 April 2016 | 3,491 sqft | 5,899,500 | 1,690 | ||
| 17 Aug 200917 August 2009 | 3,491 sqft | 9,500,000 | 2,721 | ||
| 13 Aug 200913 August 2009 | 3,583 sqft | 6,480,000 | 1,808 |
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 11th floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 1102 | 9-bed | 21,922 sqft | No registered sale | 550,000 /yr |
1101, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 15 October 2009 for AED 21,000,000, or AED 1,656 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 15 October 2009.
Questions about 1101, Balqis Residence 3
What did unit 1101 last sell for?
AED 21,000,000 on 15 October 2009, sold by the developer: AED 1,656 per sqft for 12,679 sqft. It is the only registered sale of the unit.
How big is unit 1101?
12,679 sqft (1177.9 sqm): a five-bedroom apartment on the 11th floor of a 11-storey tower completed in 2019.
What is unit 1101 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 1101, Balqis Residence 3
Starts from the last sale price (AED 21M, 15 October 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 21,000,000
- Deposit, UAE resident (20%)
- AED 4,200,000
- Deposit, non-resident (40%)
- AED 8,400,000
- Monthly over 25 years at 3.7%
- AED 85,918
Plus AED 887,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →