Palm Jumeirah · Listing

Family 3BR | Park View | Well Maintained | Apartment in Palm Jumeirah

AED 8,987,000

AED 3,146 per sqft

Permit Pending Verification

Family 3BR | Park View | Well Maintained | Apartment in Palm Jumeirah

Palm Jumeirah, Dubai
6mo ago
3
Beds
4
Baths
2,857
Sqft
apartment
Type

About This Property

Premium 3 bedroom apartment available in Balqis Residence, Palm Jumeirah. This 2857 sqft property offers excellent value at AED 8,987,000. Located in the heart of Dubai, with easy access to major amenities.

Property Details

Property TypeApartment
Listing TypeSale
OwnershipFreehold
Views179
Reference4920f278-c8b7-480e-bf05-62d7717e0d6b

Area & Neighborhood Guide

9.2/10
Investment Score
4.8%
Avg. Yield
+25.6%
1Y Growth
Ultra Premium
Market
Schools
1
Healthcare
1
Transport
0
Retail
1
Green space
0
Waterfront
1

Nearby Amenities & Landmarks

Atlantis The Palm
Nakheel Mall
Palm Monorail
Luxury resorts
GEMS Wellington Academy
American Hospital
Private beaches

Upcoming Developments

Royal Atlantis completion
New luxury villa developments
Enhanced transportation links

Demographics

15K+
Residents
38
Avg. Age
85%
Expats

Balqis Residence

· Palm Jumeirah
Leaflet © Mapbox © OSM

Deal Score™

AI-powered price analysis vs DLD transactions

9.1/ 10
Exceptional Deal25.7% below market

Priced at AED 3,146/sqft vs market avg of AED 4,232/sqft in Palm Jumeirah. This property is 26% below comparable DLD transactions — a strong investment opportunity.

Asking AED/sqft

AED 3,146

DLD Market Avg

AED 4,232

Avg

AED 11,199,786

Median

AED 11,895,000

Range

7100K–14099K

DLD Benchmark
Property priceAED 8,987,000
DLD transfer fee (4%)AED 359,480
Trustee office feeAED 4,200
Mortgage registration (0.25%)AED 22,468
Agency commission (2%)AED 179,740
Total to acquireAED 9,552,888

UAE fee schedule (Dubai). Mortgage reg applies only if financed.

Investment ROI Calculator

Based on 5 rental comparables in Palm Jumeirah

Moderate Yield
Gross Yield
4.49%
Moderate Yield
Net Yield
4.01%
After charges
Estimated Rental Income
Monthly
AED 33,591
Annual
AED 403,091
Service Charge: AED 42,855/yr15 AED/sqft
Capital Appreciation (Dubai)
vs Area Average8.3% above avg

Mortgage Calculator

Estimated Monthly Payment

AED 41,988

Based on 25-year mortgage at 4.99%

Principal (57%) Interest (43%)
20% (AED 1,797,400)
5%80%
4.99%
2%8%
Property PriceAED 8,987,000
Loan AmountAED 7,189,600
Total InterestAED 5,406,742
Total Cost (Principal + Interest)AED 12,596,342

Estimated Upfront Costs

Down PaymentAED 1,797,400
DLD Registration (4%)AED 359,480
Agency Fee (2%)AED 179,740
Total UpfrontAED 2,336,620

Recent Apartment Transactions

Similar apartments sold in Palm Jumeirah

AED 13.49M

Avg. Price

AED 4,400.84

Avg. /sqft

5

Transactions

AED 15.14M68.5% above this listing
28 May 2026 3 Bed 3,231 sqftAED 4,686/sqft
Completed Sale
AED 13.59M51.3% above this listing
28 May 2026 3 Bed 3,062 sqftAED 4,439/sqft
Completed Sale
AED 12.97M44.3% above this listing
28 Apr 2026 3 Bed 2,975 sqftAED 4,359/sqft
Completed Sale
AED 12.25M36.3% above this listing
28 Jan 2026 3 Bed 3,329 sqftAED 3,680/sqft
Completed Sale
AED 13.51M50.3% above this listing
29 Dec 2025 3 Bed 2,790 sqftAED 4,841/sqft
Completed Sale

Transactions shown are for similar apartments in Palm Jumeirah. Prices may vary based on floor, view, and finishing.

Regulatory Compliance — Dubai Land Department (RERA)

Permit Required
DLD Permit No.Pending — agent must add
Listed By—
Agency—
Permit Valid UntilNot provided

Verify this permit: dubailand.gov.ae/trakheesi-service

Alternatively, scan the permit in the official Dubai REST app (iOS & Android).

Comparables

Similar properties nearby

3 BR apartment · Palm Jumeirah

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