4-bed · 3,509 sqftBalqis Residence 3, Palm Jumeirah · 6th floor · completed 2019

602, Balqis Residence 3

Sold prices and rental history: sold twice, last in March 2021, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 602 · DLD and Ejari recordsUpdated 9 March 2021
Last soldAED 3.1M9 March 2021
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 602, Balqis Residence 3

What is 602 worth today?

Last sold for AED 3,100,000 in 2021

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9 Mar 2021SoldReady
AED 3,100,000AED 883 per sqft
17 Aug 2009Sold by developerOff-plan
AED 6,100,000AED 1,738 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 9 March 2021.

Key facts

Type
4-bed apartment
Size
3,509 sqft
Floor
6th of 11
Parking
B-147, B-148
Developer
Balqis Residence
Completed
2019
Service charge
AED 62,500 /yr
Last sold
AED 3.1M · March 2021

About 602, Balqis Residence 3

602 is a four-bedroom apartment of 3,509 sqft on the 6th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 9 March 2021 for AED 3,100,000, or AED 883 per sqft.

No rental contract for the unit is registered on Ejari.

4-beds in Balqis Residence 3, and where 602 sits

All 5 4-beds →
Recent 4-bed salesUnit no.Price (AED)Summary
19 Dec 202310,650,000
31 Oct 20236,431,000
19 Nov 20184,200,000
24 Dec 20135,750,000
0 4-bed 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. 4 sold in the last 12 months.

Typical price per sqft
AED 2,100
Typical sale
AED 1.94M
Typical rent
AED 320K /yr
Typical yield
6.9%
Balqis Residence 3, Palm Jumeirah: prices, sales and rents →

Other units on the 6th floor

All 144 units in Balqis Residence 3
Value
6013-bedAED 4.99M · Aug 2009
6033-bedAED 4.3M · Nov 2022
604AED 1.4M · Jun 2022
6053-bedAED 4.15M · Mar 2023
6065-bedAED 6.48M · Aug 2009
6072-bedAED 3.91M · Aug 2009
6082-bedAED 3.91M · Aug 2009

602, Balqis Residence 3 in numbers

  • Sold twice: first on 17 August 2009 for AED 6,100,000, last on 9 March 2021 for AED 3,100,000 (AED 883 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 9 March 2021.

Questions about 602, Balqis Residence 3

What did unit 602 last sell for?

AED 3,100,000 on 9 March 2021: AED 883 per sqft for 3,509 sqft. The unit has 2 registered sales; the first was AED 6,100,000 in August 2009.

How big is unit 602?

3,509 sqft (326.0 sqm): a four-bedroom apartment on the 6th floor of a 11-storey tower completed in 2019.

What is unit 602 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 602, Balqis Residence 3

Starts from the last sale price (AED 3.1M, 9 March 2021). Switch to today's estimate once you have unlocked it.
Price
AED 3,100,000
Deposit, UAE resident (20%)
AED 620,000
Deposit, non-resident (40%)
AED 1,240,000
Monthly over 25 years at 3.7%
AED 12,683

Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →