804, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in August 2009, and rented since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 804, Balqis Residence 3
What is 804 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2021.
Key facts
- Type
- 2-bed apartment
- Size
- 1,909 sqft
- Floor
- 8th of 11
- Parking
- B-387
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 34,000 /yr
- Last sold
- AED 4.38M · August 2009
- Building
- Balqis Residence 3
About 804, Balqis Residence 3
804 is a two-bedroom apartment of 1,909 sqft on the 8th floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 13 August 2009 for AED 4,380,000, or AED 2,293 per sqft, in line with the AED 2,293 two-beds in the building were fetching at the time.
It has been rented since 2020 on 2 Ejari contracts. The current contract, signed on 1 August 2021, is AED 105,000 a year: a gross yield of 2.4% on the 2009 price, before the service charge of about AED 34,000 a year.
Sales and rents for 804 over time
804 has sold once; 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 804 sits
All 27 2-beds →804 last sold in August 2009 at AED 2,293 per sqft, in line with what two-beds in Balqis Residence 3 were fetching at the time (AED 2,293).
| 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. 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%
Other units on the 8th floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| 801 | 2,433 sqft | AED 6.18MAED 6,180,000 · Nov 2025November 2025 | 304,500 /yr | ||
| 802 | 4-bed | 3,493 sqft | AED 10.65MAED 10,650,000 · Dec 2023December 2023 | 174,951 /yr | |
| 803 | 3-bed | 2,485 sqft | AED 4.86MAED 4,862,000 · Jul 2024July 2024 | 360,000 /yr | |
| 805 | 3-bed | 2,328 sqft | AED 6MAED 6,000,000 · Apr 2013April 2013 | 231,000 /yr | |
| 806 | 3,490 sqft | AED 7.8MAED 7,800,000 · Aug 2025August 2025 | 500,000 /yr | ||
| 807 | 2-bed | 1,877 sqft | AED 4.1MAED 4,100,000 · Jun 2023June 2023 | 280,000 /yr | |
| 808 | 2-bed | 1,958 sqft | AED 4.1MAED 4,100,000 · May 2025May 2025 | 146,108 /yr |
804, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 13 August 2009 for AED 4,380,000, or AED 2,293 per sqft.
- Rented since August 2020 on 2 Ejari contracts, at AED 105,000 a year.
- At AED 105,000 a year the gross yield on the 2009 price is 2.4%, before a service charge of about AED 34,000 a year (AED 17.81 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 1 August 2021.
Questions about 804, Balqis Residence 3
What did unit 804 last sell for?
AED 4,380,000 on 13 August 2009, sold by the developer: AED 2,293 per sqft for 1,909 sqft. It is the only registered sale of the unit.
What is the rent for unit 804?
AED 105,000 a year on the contract signed on 1 August 2021. The previous contract, from August 2020, was AED 105,000.
How big is unit 804?
1,909 sqft (177.4 sqm): a two-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.
What is unit 804 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 804, Balqis Residence 3
Starts from the last sale price (AED 4.38M, 13 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 4,380,000
- Deposit, UAE resident (20%)
- AED 876,000
- Deposit, non-resident (40%)
- AED 1,752,000
- Monthly over 25 years at 3.7%
- AED 17,920
Plus AED 188,970 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →