2-bed · 1,877 sqftBalqis Residence 3, Palm Jumeirah · 9th floor · completed 2019

907, Balqis Residence 3

Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 907 · DLD and Ejari recordsUpdated 14 May 2025
Last soldAED 4.58M13 August 2009
Current rentAED 161K /yr14 May 2025
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 907, Balqis Residence 3

What is 907 worth today?

Last sold for AED 4,580,000 in 2009

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14 May 2025RentedRenewal
AED 161,477/yr12 months · AED 86 per sqft
14 May 2024RentedRenewal
AED 140,415/yr12 months · AED 75 per sqft
14 May 2023RentedRenewal
AED 122,100/yr12 months · AED 65 per sqft
14 May 2021RentedRenewal
AED 105,000/yr12 months · AED 56 per sqft
13 Aug 2009Sold by developerOff-plan
AED 4,580,000AED 2,439 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 14 May 2025.

Key facts

Type
2-bed apartment
Size
1,877 sqft
Floor
9th of 11
Parking
B-388
Developer
Balqis Residence
Completed
2019
Service charge
AED 33,400 /yr
Last sold
AED 4.58M · August 2009

About 907, Balqis Residence 3

907 is a two-bedroom apartment of 1,877 sqft on the 9th 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 4,580,000, or AED 2,439 per sqft, 6% above the AED 2,293 two-beds in the building were fetching at the time.

It has been rented continuously since 2021 on 4 Ejari contracts. The current contract, renewed on 14 May 2025, is AED 161,477 a year: a gross yield of 3.5% on the 2009 price, before the service charge of about AED 33,400 a year.

Sales and rents for 907 over time

Sales
Unit 907, each saleTypical two-bed in Balqis Residence 3
2M4M2009201320172021Typical sale price by year: 2009 AED 4,330,000; 2020 AED 1,500,000; 2022 AED 2,582,570; 2023 AED 2,890,292Sold by developer, August 2009: AED 4,580,000 (AED 2,439 per sqft)

907 has sold once; the dashed line is the two-bed median of each year in the building.

Rents
Unit 907, each contractTypical two-bed in Balqis Residence 3
100K150K200K2020202220242026Typical rent by year: 2020 AED 120,000; 2021 AED 105,000; 2022 AED 157,500; 2023 AED 200,000; 2024 AED 210,000; 2025 AED 210,000Renewal, May 2021: AED 105,000 a yearRenewal, May 2023: AED 122,100 a yearRenewal, May 2024: AED 140,415 a yearRenewal, May 2025: AED 161,477 a year

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 907 sits

All 27 2-beds →

907 last sold in August 2009 at AED 2,439 per sqft, 6% above what two-beds in Balqis Residence 3 were fetching at the time (AED 2,293).

Recent 2-bed salesUnit no.Price (AED)Summary
26 May 20254,100,000
1 Jun 20234,100,000
27 Mar 20234,000,000
20 Mar 20233,450,000
0 2-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. 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%
Balqis Residence 3, Palm Jumeirah: prices, sales and rents →

Other units on the 9th floor

All 144 units in Balqis Residence 3
Value
9013-bedAED 3.09M · Jun 2022
9024-bedAED 4.82M · Mar 2011
9033-bedAED 6.9M · Aug 2009
9042-bedAED 2.45M · Feb 2022
9053-bedAED 5.8M · May 2024
9065-bedAED 9.5M · Aug 2009
9082-bedAED 4M · Mar 2023

907, Balqis Residence 3 in numbers

  • Sold once: by Balqis Residence on 13 August 2009 for AED 4,580,000, or AED 2,439 per sqft.
  • Rented since May 2021 on 4 Ejari contracts, from AED 105,000 to AED 161,477 a year.
  • At AED 161,477 a year the gross yield on the 2009 price is 3.5%, before a service charge of about AED 33,400 a year (AED 17.81 per sqft).

Source: YallaValue analysis of Dubai Land Department records. Updated 14 May 2025.

Questions about 907, Balqis Residence 3

What did unit 907 last sell for?

AED 4,580,000 on 13 August 2009, sold by the developer: AED 2,439 per sqft for 1,877 sqft. It is the only registered sale of the unit.

What is the rent for unit 907?

AED 161,477 a year on the contract renewed on 14 May 2025. The previous contract, from May 2024, was AED 140,415; the unit has been rented since May 2021.

How big is unit 907?

1,877 sqft (174.4 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2019.

What is unit 907 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 907, Balqis Residence 3

Starts from the last sale price (AED 4.58M, 13 August 2009). Switch to today's estimate once you have unlocked it.
Price
AED 4,580,000
Deposit, UAE resident (20%)
AED 916,000
Deposit, non-resident (40%)
AED 1,832,000
Monthly over 25 years at 3.7%
AED 18,738

Plus AED 197,370 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →