115, 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 115, Balqis Residence 3
What is 115 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,301 sqft
- Floor
- 1st of 11
- Parking
- B-45
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 23,200 /yr
- Last sold
- AED 1.66M · February 2024
- Building
- Balqis Residence 3
About 115, Balqis Residence 3
115 is a one-bedroom hotel apartment of 1,301 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 1,659,280, or AED 1,275 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 115 over time
115 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Balqis Residence 3, and where 115 sits
All 21 1-beds →Over the last 12 months one-beds sold for AED 2,101,018, around AED 1,667 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Feb 20248 February 2024 | 1,199 sqft | 1,449,000 | 1,208 | ||
| 5 Jan 20235 January 2023 | 1,439 sqft | 2,516,500 | 1,749 | ||
| 4 Jan 20234 January 2023 | 1,469 sqft | 2,632,283 | 1,791 | ||
| 4 Jan 20234 January 2023 | 1,129 sqft | 2,035,250 | 1,802 |
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 | ||
| 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 | ||
| 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 |
115, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 8 February 2024 for AED 1,659,280, or AED 1,275 per sqft.
- One-beds in Balqis Residence 3 sold for AED 2,101,018–2,101,018 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 115, Balqis Residence 3
What did unit 115 last sell for?
AED 1,659,280 on 8 February 2024, sold by the developer: AED 1,275 per sqft for 1,301 sqft. It is the only registered sale of the unit.
How big is unit 115?
1,301 sqft (120.9 sqm): a one-bedroom hotel apartment on the 1st floor of a 11-storey tower completed in 2019.
What is unit 115 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Balqis Residence 3 sold for AED 2,101,018 to 2,101,018 in the last 12 months, around AED 1,667 per sqft.
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Mortgage on 115, Balqis Residence 3
Starts from the last sale price (AED 1.66M, 8 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,659,280
- Deposit, UAE resident (20%)
- AED 331,856
- Deposit, non-resident (40%)
- AED 663,712
- Monthly over 25 years at 3.7%
- AED 6,789
Plus AED 74,700 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →