Studio · 782 sqftBalqis Residence 3, Palm Jumeirah · Ground floor · completed 2019

G10, Balqis Residence 3

Sold prices and rental history: sold twice, last in February 2024, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit G10 · DLD and Ejari recordsUpdated 8 February 2024
Last soldAED 1.37M8 February 2024
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for G10, Balqis Residence 3

What is G10 worth today?

Last sold for AED 1,368,308 in 2024

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8 Feb 2024SoldReady
AED 1,368,308AED 1,749 per sqft
6 Jul 2020Sold by developerOff-plan
AED 1,500,000AED 1,918 per sqft

Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2024.

Key facts

Type
Studio hotel apartment
Size
782 sqft
Floor
Ground of 11
Parking
B-195
Developer
Balqis Residence
Completed
2019
Service charge
AED 13,900 /yr
Last sold
AED 1.37M · February 2024

About G10, Balqis Residence 3

G10 is a studio of 782 sqft on the ground floor of Balqis Residence 3, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 8 February 2024 for AED 1,368,308, or AED 1,749 per sqft, 8% above the AED 1,620 studios in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for G10 over time

Sales
Unit G10, each saleTypical studio in Balqis Residence 3
1.25M1.5M1.75M20132016201920222025Typical sale price by year: 2013 AED 1,370,000; 2014 AED 1,680,000; 2020 AED 1,400,000; 2022 AED 1,278,467; 2023 AED 1,279,319; 2024 AED 1,228,728Sold by developer, July 2020: AED 1,500,000 (AED 1,918 per sqft)Sold, February 2024: AED 1,368,308 (AED 1,749 per sqft)

G10 has sold twice; the dashed line is the studio median of each year in the building.

Studios in Balqis Residence 3, and where G10 sits

All 42 studios →

G10 last sold in February 2024 at AED 1,749 per sqft, 8% above what studios in Balqis Residence 3 were fetching at the time (AED 1,620). Over the last 12 months studios sold for AED 1,098,982 to 1,780,000, around AED 2,100 per sqft.

Recent studio salesUnit no.Price (AED)Summary
6 Mar 20251,100,000
8 Feb 20241,228,728
19 Jan 20241,160,000
13 Feb 20231,100,000
2 studio 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 ground floor

All 144 units in Balqis Residence 3
Value
G01StudioAED 1.1M · Feb 2023
G022-bedAED 2.32M · Dec 2022
G032-bedAED 2.64M · Nov 2022
G041-bedNo registered sale
G052-bedAED 2.4M · Dec 2022
G062-bedNo registered sale
G07StudioAED 1.76M · Sep 2014
1–7 of 11

G10, Balqis Residence 3 in numbers

  • Sold twice: first on 6 July 2020 for AED 1,500,000, last on 8 February 2024 for AED 1,368,308 (AED 1,749 per sqft).
  • Studios in Balqis Residence 3 sold for AED 1,098,982–1,780,000 in the 12 months to November 2026; the building's median across all types is AED 1,667 per sqft.

Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2024.

Questions about G10, Balqis Residence 3

What did unit G10 last sell for?

AED 1,368,308 on 8 February 2024: AED 1,749 per sqft for 782 sqft. The unit has 2 registered sales; the first was AED 1,500,000 in July 2020.

How big is unit G10?

782 sqft (72.7 sqm): a studio on the ground floor of a 11-storey tower completed in 2019.

What is unit G10 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Studios in Balqis Residence 3 sold for AED 1,098,982 to 1,780,000 in the last 12 months, around AED 2,100 per sqft.

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Mortgage on G10, Balqis Residence 3

Starts from the last sale price (AED 1.37M, 8 February 2024). Switch to today's estimate once you have unlocked it.
Price
AED 1,368,308
Deposit, UAE resident (20%)
AED 273,662
Deposit, non-resident (40%)
AED 547,323
Monthly over 25 years at 3.7%
AED 5,598

Plus AED 62,479 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →