Studio · 800 sqftBalqis Residence 3, Palm Jumeirah · 1st floor · completed 2019

113, Balqis Residence 3

Sold prices and rental history: sold once, by the developer in January 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 113 · DLD and Ejari recordsUpdated 4 January 2023
Last soldAED 1.42M4 January 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 113, Balqis Residence 3

What is 113 worth today?

Last sold for AED 1,418,576 in 2023

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4 Jan 2023Sold by developerReady
AED 1,418,576AED 1,773 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 4 January 2023.

Key facts

Type
Studio hotel apartment
Size
800 sqft
Floor
1st of 11
Parking
B-7
Developer
Balqis Residence
Completed
2019
Service charge
AED 14,200 /yr
Last sold
AED 1.42M · January 2023

About 113, Balqis Residence 3

113 is a studio of 800 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 4 January 2023 for AED 1,418,576, or AED 1,773 per sqft, in line with the AED 1,790 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 113 over time

Sales
Unit 113, 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, January 2023: AED 1,418,576 (AED 1,773 per sqft)

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

Studios in Balqis Residence 3, and where 113 sits

All 42 studios →

113 last sold in January 2023 at AED 1,773 per sqft, in line with what studios in Balqis Residence 3 were fetching at the time (AED 1,790).

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
106StudioAED 1.68M · Sep 2014
1073-bedNo registered sale
1–7 of 17

113, Balqis Residence 3 in numbers

  • Sold once: by Balqis Residence on 4 January 2023 for AED 1,418,576, or AED 1,773 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 4 January 2023.

Questions about 113, Balqis Residence 3

What did unit 113 last sell for?

AED 1,418,576 on 4 January 2023, sold by the developer: AED 1,773 per sqft for 800 sqft. It is the only registered sale of the unit.

How big is unit 113?

800 sqft (74.3 sqm): a studio on the 1st floor of a 11-storey tower completed in 2019.

What is unit 113 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 113, Balqis Residence 3

Starts from the last sale price (AED 1.42M, 4 January 2023). Switch to today's estimate once you have unlocked it.
Price
AED 1,418,576
Deposit, UAE resident (20%)
AED 283,715
Deposit, non-resident (40%)
AED 567,430
Monthly over 25 years at 3.7%
AED 5,804

Plus AED 64,590 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →