G09, Balqis Residence 3
Sold prices and rental history: sold once, by the developer in March 2024, 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 G09, Balqis Residence 3
What is G09 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 11 March 2024.
Key facts
- Type
- 3-bed hotel apartment
- Size
- 2,861 sqft
- Floor
- Ground of 11
- Parking
- B-174, B-175
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 51,000 /yr
- Last sold
- AED 3.1M · March 2024
- Building
- Balqis Residence 3
About G09, Balqis Residence 3
G09 is a three-bedroom hotel apartment of 2,861 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 11 March 2024 for AED 3,100,000, or AED 1,083 per sqft, 43% below the AED 1,889 three-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for G09 over time
G09 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 G09 sits
All 35 3-beds →G09 last sold in March 2024 at AED 1,083 per sqft, 43% below what three-beds in Balqis Residence 3 were fetching at the time (AED 1,889).
| 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. 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 | ||
| G02 | 2-bed | 1,891 sqft | AED 2.32MAED 2,322,746 · Dec 2022December 2022 | ||
| 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 | ||
| 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 |
G09, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 11 March 2024 for AED 3,100,000, or AED 1,083 per sqft.
Source: YallaValue analysis of Dubai Land Department records. Updated 11 March 2024.
Questions about G09, Balqis Residence 3
What did unit G09 last sell for?
AED 3,100,000 on 11 March 2024, sold by the developer: AED 1,083 per sqft for 2,861 sqft. It is the only registered sale of the unit.
How big is unit G09?
2,861 sqft (265.8 sqm): a three-bedroom hotel apartment on the ground floor of a 11-storey tower completed in 2019.
What is unit G09 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
Selling G09? Put it on the OpenOffers board
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Mortgage on G09, Balqis Residence 3
Starts from the last sale price (AED 3.1M, 11 March 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 3,100,000
- Deposit, UAE resident (20%)
- AED 620,000
- Deposit, non-resident (40%)
- AED 1,240,000
- Monthly over 25 years at 3.7%
- AED 12,683
Plus AED 135,210 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →