G02, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in December 2022, 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 G02, Balqis Residence 3
What is G02 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2022.
Key facts
- Type
- 2-bed hotel apartment
- Size
- 1,891 sqft
- Floor
- Ground of 11
- Parking
- B-413
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 33,700 /yr
- Last sold
- AED 2.32M · December 2022
- Building
- Balqis Residence 3
About G02, Balqis Residence 3
G02 is a two-bedroom hotel apartment of 1,891 sqft on the ground floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 7 December 2022 for AED 2,322,746, or AED 1,228 per sqft, 9% below the AED 1,347 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for G02 over time
G02 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 G02 sits
All 27 2-beds →G02 last sold in December 2022 at AED 1,228 per sqft, 9% below what two-beds in Balqis Residence 3 were fetching at the time (AED 1,347).
| 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 ground floor
All 144 units in Balqis Residence 3| ValueToday's value | |||||
|---|---|---|---|---|---|
| G01 | Studio | 737 sqft | AED 1.1MAED 1,100,000 · Feb 2023February 2023 | ||
| G03 | 2-bed | 2,070 sqft | AED 2.64MAED 2,644,320 · Nov 2022November 2022 | ||
| G04 | 1-bed | 1,198 sqft | No registered sale | ||
| G05 | 2-bed | 1,700 sqft | AED 2.4MAED 2,397,226 · Dec 2022December 2022 | ||
| G06 | 2-bed | 2,122 sqft | No registered sale | ||
| G07 | Studio | 799 sqft | AED 1.76MAED 1,764,000 · Sep 2014September 2014 | ||
| G08 | Studio | 723 sqft | AED 1.4MAED 1,400,000 · Jul 2020July 2020 | ||
| G09 | 3-bed | 2,861 sqft | AED 3.1MAED 3,100,000 · Mar 2024March 2024 | ||
| G10 | Studio | 782 sqft | AED 1.37MAED 1,368,308 · Feb 2024February 2024 | ||
| G11 | 1,045 sqft | AED 1.28MAED 1,283,570 · Nov 2025November 2025 | |||
| G12 | 1-bed | 1,199 sqft | AED 1.45MAED 1,449,000 · Feb 2024February 2024 |
G02, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 7 December 2022 for AED 2,322,746, or AED 1,228 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 7 December 2022.
Questions about G02, Balqis Residence 3
What did unit G02 last sell for?
AED 2,322,746 on 7 December 2022, sold by the developer: AED 1,228 per sqft for 1,891 sqft. It is the only registered sale of the unit.
How big is unit G02?
1,891 sqft (175.7 sqm): a two-bedroom hotel apartment on the ground floor of a 11-storey tower completed in 2019.
What is unit G02 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling G02? Put it on the OpenOffers board
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Mortgage on G02, Balqis Residence 3
Starts from the last sale price (AED 2.32M, 7 December 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 2,322,746
- Deposit, UAE resident (20%)
- AED 464,549
- Deposit, non-resident (40%)
- AED 929,098
- Monthly over 25 years at 3.7%
- AED 9,503
Plus AED 102,565 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →