SaleReady
Sold for AED 5,850,000: 3-Bedroom Apartment in Balqis Residence
Located in Palm Jumeirah, Dubai. Its price per sqft is +31% vs the Balqis Residence median (AED 1,959/sqft).
Sale price
AED 5,850,000
- Per sqft
- AED 2,563
- Registered
- 18 Feb 2026, 12:39 (Dubai)
01 / Price history
This unit's history
This is the only registration of this unit on record (same layout, exact size and parking bay G-4, G-3).
Comparable sales02 / The property
Property details
- Size
- 2,283 sqft · 212.08 m²
- Bedrooms
- 3 BR
- Registered as
- Sale
- Property sub-type
- Flat
- Usage
- Residential
- Tenure
- Freehold
- Parking
- G-4, G-3
- Nearest metro
- Mina Seyahi
- Nearest mall
- Marina Mall
- Nearest landmark
- Burj Al Arab
03 / Comparables
All sales in Balqis Residence (26 Jan 2026 – 22 Sept 2026)
9 market sales. Percentages compare each sale with this one.
| Sale record | Recorded | Value · AED | AED / sqft |
|---|---|---|---|
| 22 Sept 2026 | 3.11M−47% vs selected | 1,503−41% vs selected | |
| 10 Sept 2026 | 6.22M+6% vs selected | 1,669−35% vs selected | |
| 26 Aug 2026 | 5M−15% vs selected | 2,113−18% vs selected | |
| 14 May 2026 | 16.83M+188% vs selected | 3,421+34% vs selected | |
| 24 Feb 2026 | 6.43M+10% vs selected | 1,725−33% vs selected | |
3 BR · 2,283 sqftSelected sale | 18 Feb 2026 | 5.85M | 2,563 |
| 16 Feb 2026 | 4.9M−16% vs selected | 2,162−16% vs selected | |
| 5 Feb 2026 | 34M+481% vs selected | 1,959−24% vs selected | |
| 26 Jan 2026 | 25.7M+339% vs selected | 1,847−28% vs selected |
04 / Renting it out
What similar apartments rent for
Median of 34 market rents of apartments of 1,940–2,625 sq ft in Palm Jumeirah. The gross yield is that rent against this sale's price, before service charges, fees and empty months.
- Median rent / yr
- AED 243,500
- Per sqft / yr
- AED 112/sqft
- Gross yield
- 4.2%