G12, Balqis Residence 3
Sold prices and rental history: sold once, by the developer 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.
Property timeline for G12, Balqis Residence 3
What is G12 worth today?
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Source: YallaValue analysis of Dubai Land Department records. Updated 8 February 2024.
Key facts
- Type
- 1-bed hotel apartment
- Size
- 1,199 sqft
- Floor
- Ground of 11
- Parking
- B-54
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 21,400 /yr
- Last sold
- AED 1.45M · February 2024
- Building
- Balqis Residence 3
About G12, Balqis Residence 3
G12 is a one-bedroom hotel apartment of 1,199 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 8 February 2024 for AED 1,449,000, or AED 1,208 per sqft.
No rental contract for the unit is registered on Ejari.
Sales and rents for G12 over time
G12 has sold once; the dashed line is the one-bed median of each year in the building.
1-beds in Balqis Residence 3, and where G12 sits
All 21 1-beds →Over the last 12 months one-beds sold for AED 2,101,018, around AED 1,667 per sqft.
| Recent 1-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 8 Feb 20248 February 2024 | 1,301 sqft | 1,659,280 | 1,275 | ||
| 5 Jan 20235 January 2023 | 1,439 sqft | 2,516,500 | 1,749 | ||
| 4 Jan 20234 January 2023 | 1,469 sqft | 2,632,283 | 1,791 | ||
| 4 Jan 20234 January 2023 | 1,129 sqft | 2,035,250 | 1,802 |
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 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 | ||
| 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, Balqis Residence 3 in numbers
- Sold once: by Balqis Residence on 8 February 2024 for AED 1,449,000, or AED 1,208 per sqft.
- One-beds in Balqis Residence 3 sold for AED 2,101,018–2,101,018 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 G12, Balqis Residence 3
What did unit G12 last sell for?
AED 1,449,000 on 8 February 2024, sold by the developer: AED 1,208 per sqft for 1,199 sqft. It is the only registered sale of the unit.
How big is unit G12?
1,199 sqft (111.4 sqm): a one-bedroom hotel apartment on the ground floor of a 11-storey tower completed in 2019.
What is unit G12 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Balqis Residence 3 sold for AED 2,101,018 to 2,101,018 in the last 12 months, around AED 1,667 per sqft.
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Mortgage on G12, Balqis Residence 3
Starts from the last sale price (AED 1.45M, 8 February 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 1,449,000
- Deposit, UAE resident (20%)
- AED 289,800
- Deposit, non-resident (40%)
- AED 579,600
- Monthly over 25 years at 3.7%
- AED 5,928
Plus AED 65,868 of fees: the 4% Dubai Land Department transfer fee, registration and the trustee. Full mortgage calculator →