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
Listed 155 days 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
Views174
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

Deal Scoreâ„¢

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.

Price per sqft comparisonPalm Jumeirah · 3 BR apartment
AskingAED 3,146/sqft
DLD Market AvgAED 4,232/sqft

Price Transparency

Estimate
This listing
AED 3,146/sqft
Area benchmark unavailable
Asking priceAED 8,987,000
DLD transfer fee (4%)AED 359,480
Trustee fee (flat)AED 4,200
Mortgage registration (0.25% of 75% LTV)AED 17,141
Agency commission (2%)AED 179,740
Est. total transaction costAED 9,547,561

Estimates use standard UAE market rates (DLD 4%, trustee 4,200 AED, mortgage reg 0.25% at 75% LTV, agency 2%). Your firm quote is provided in writing before MoU signing and may differ based on property type, buyer profile, and negotiated terms.

Market Comparison

Price benchmarked against area listings & DLD data

Premium Price

Premium Pricing - 75% Above Market

Significantly above the Palm Jumeirah average of AED 1800/sqft. May have unique features justifying the premium.

Price per sqft comparisonPalm Jumeirah · 3 BR apartment
This PropertyAED 3,146/sqft
Area AverageAED 1,800/sqft

Area Yield

6.5%

L12M Trend

+2%

Similar Units

3

Similar apartment in Palm Jumeirah
Avg: AED 9.4MPSF: AED 3,897Range: AED 7.1M – AED 11.9M

PropertyIndex.ae • Updated 2026-02-22

Palm Jumeirah Market Intelligence

Full Report
Avg Price/SqftAED 3,599
Active Listings69
Trendup
Price History (per sqft)
AED 3,353
Dec
AED 3,691
Jan
AED 3,470
Feb
AED 4,088
Mar

Average Price per Sqft by Month

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

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).

Recent Apartment Transactions

Similar apartments sold in Palm Jumeirah

AED 13.13M

Avg. Price

AED 4,267.65

Avg. /sqft

5

Transactions

AED 12.54M39.5% higher
16 Mar 2026 3 Bed 2,790 sqftAED 4,493/sqft
Completed Sale
AED 15.19M69.1% higher
16 Mar 2026 3 Bed 3,329 sqftAED 4,564/sqft
Completed Sale
AED 12.49M39.0% higher
15 Jan 2026 3 Bed 3,231 sqftAED 3,866/sqft
Completed Sale
AED 10.85M20.7% higher
15 Jan 2026 3 Bed 2,975 sqftAED 3,647/sqft
Completed Sale
AED 14.60M62.5% higher
16 Nov 2025 3 Bed 3,062 sqftAED 4,768/sqft
Completed Sale

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

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