805, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in April 2013, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 805, Balqis Residence 3
What is 805 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2025.
Key facts
- Type
- 3-bed apartment
- Size
- 2,328 sqft
- Floor
- 8th of 11
- Parking
- B-355
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 41,500 /yr
- Last sold
- AED 6M · April 2013
- Building
- Balqis Residence 3
About 805, Balqis Residence 3
805 is a three-bedroom apartment of 2,328 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 9 April 2013 for AED 6,000,000, or AED 2,577 per sqft, 32% above the AED 1,950 three-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 5 Ejari contracts. The current contract, renewed on 3 June 2025, is AED 231,000 a year: a gross yield of 3.9% on the 2013 price, before the service charge of about AED 41,500 a year.
Sales and rents for 805 over time
805 has sold once; the dashed line is the three-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the three-bed median of each year in the building.
3-beds in Balqis Residence 3, and where 805 sits
All 35 3-beds →805 last sold in April 2013 at AED 2,577 per sqft, 32% above what three-beds in Balqis Residence 3 were fetching at the time (AED 1,950). 805's AED 231,000 is at the bottom of that range.
| Recent 3-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 1 Jul 20241 July 2024 | 2,485 sqft | 4,862,000 | 1,956 | ||
| 3 Jun 20243 June 2024 | 1,945 sqft | 2,372,438 | 1,219 | ||
| 8 May 20248 May 2024 | 2,328 sqft | 5,800,000 | 2,491 | ||
| 4 Apr 20244 April 2024 | 2,481 sqft | 4,400,000 | 1,773 |
Balqis Residence 3
Building144 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%
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 | |
| 804 | 2-bed | 1,909 sqft | AED 4.38MAED 4,380,000 · Aug 2009August 2009 | 105,000 /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 |
805, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 9 April 2013 for AED 6,000,000, or AED 2,577 per sqft.
- Rented since September 2020 on 5 Ejari contracts, from AED 135,000 to AED 231,000 a year.
- At AED 231,000 a year the gross yield on the 2013 price is 3.9%, before a service charge of about AED 41,500 a year (AED 17.81 per sqft).
Source: YallaValue analysis of Dubai Land Department records. Updated 3 June 2025.
Questions about 805, Balqis Residence 3
What did unit 805 last sell for?
AED 6,000,000 on 9 April 2013, sold by the developer: AED 2,577 per sqft for 2,328 sqft. It is the only registered sale of the unit.
What is the rent for unit 805?
AED 231,000 a year on the contract renewed on 3 June 2025. The previous contract, from June 2024, was AED 210,000; the unit has been rented since September 2020.
How big is unit 805?
2,328 sqft (216.3 sqm): a three-bedroom apartment on the 8th floor of a 11-storey tower completed in 2019.
What is unit 805 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 805, Balqis Residence 3
Starts from the last sale price (AED 6M, 9 April 2013). Switch to today's estimate once you have unlocked it.- Price
- AED 6,000,000
- Deposit, UAE resident (20%)
- AED 1,200,000
- Deposit, non-resident (40%)
- AED 2,400,000
- Monthly over 25 years at 3.7%
- AED 24,548
Plus AED 257,010 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →