707, Balqis Residence 3
Sold prices and rental history: sold 3 times, last in May 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 707, Balqis Residence 3
What is 707 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2020.
Key facts
- Type
- 2-bed apartment
- Size
- 1,877 sqft
- Floor
- 7th of 11
- Parking
- B-337
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 33,400 /yr
- Last sold
- AED 1.5M · May 2020
- Building
- Balqis Residence 3
About 707, Balqis Residence 3
707 is a two-bedroom apartment of 1,877 sqft on the 7th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 31 May 2020 for AED 1,500,000, or AED 799 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for 707 over time
707 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Balqis Residence 3, and where 707 sits
All 27 2-beds →| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 26 May 202526 May 2025 | 1,958 sqft | 4,100,000 | 2,094 | ||
| 1 Jun 20231 June 2023 | 1,877 sqft | 4,100,000 | 2,184 | ||
| 27 Mar 202327 March 2023 | 1,962 sqft | 4,000,000 | 2,038 | ||
| 20 Mar 202320 March 2023 | 1,909 sqft | 3,450,000 | 1,807 |
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 7th floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 701 | 3-bed | 2,437 sqft | AED 5.8MAED 5,800,000 · Dec 2023December 2023 | ||
| 702 | 4-bed | 3,489 sqft | AED 6.43MAED 6,431,000 · Oct 2023October 2023 | 251,275 /yr | |
| 703 | 3-bed | 2,481 sqft | AED 4.4MAED 4,400,000 · Apr 2024April 2024 | 420,000 /yr | |
| 704 | 2-bed | 1,909 sqft | AED 3.45MAED 3,450,000 · Mar 2023March 2023 | 71,845 /yr | |
| 705 | 3-bed | 1,745 sqft | AED 6.4MAED 6,400,000 · Aug 2009August 2009 | 220,000 /yr | |
| 706 | 5-bed | 3,490 sqft | AED 6.61MAED 6,605,000 · Aug 2009August 2009 | ||
| 708 | 2-bed | 2,043 sqft | AED 4.48MAED 4,480,000 · Aug 2009August 2009 | 230,000 /yr |
707, Balqis Residence 3 in numbers
- Sold 3 times: first on 16 August 2009 for AED 4,256,000, last on 31 May 2020 for AED 1,500,000 (AED 799 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 31 May 2020.
Questions about 707, Balqis Residence 3
What did unit 707 last sell for?
AED 1,500,000 on 31 May 2020: AED 799 per sqft for 1,877 sqft. The unit has 3 registered sales; the first was AED 4,256,000 in August 2009.
How big is unit 707?
1,877 sqft (174.4 sqm): a two-bedroom apartment on the 7th floor of a 11-storey tower completed in 2019.
What is unit 707 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 707, Balqis Residence 3
Starts from the last sale price (AED 1.5M, 31 May 2020). Switch to today's estimate once you have unlocked it.- Price
- AED 1,500,000
- Deposit, UAE resident (20%)
- AED 300,000
- Deposit, non-resident (40%)
- AED 600,000
- Monthly over 25 years at 3.7%
- AED 6,137
Plus AED 68,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →