Bedroom typePalm Jumeirah · Balqis Residence · 2019

2-bed apartments in Balqis Residence 1

Two-beds in Palm Jumeirah. 1 two-bed sold in the last 12 months; every sale, rent and unit is below.

Last 12 months · 2-bedsUpdated 1 September 2026
Typical price per sqftAED 3,0981 sale
Typical saleAED 6.5M1 sale
Typical rentAED 200K /yrAED 103 per sqft
Typical yield3.3%AED 17.81/sqft charge

About the two-beds in Balqis Residence 1

Balqis Residence 1 has 22 two-beds, 41% of its 54 apartments, at 1,837 to 2,216 sqft. 1 of the building's 5 sales in the last 12 months were two-beds. The service charge is AED 17.81 per sqft a year.

1 two-bed sold in the 12 months to September 2026, at a median of AED 3,098 per sqft. The median sale was AED 6,500,000, against a median of AED 2,722 per sqft for the building as a whole. 9 contracts registered over the same 12 months rented them for AED 125,000 to 271,500 a year, a gross yield of about 3.3% before the service charge.

2-beds
22
Share of building
41%
Size
1,837–2,216 sqft
Last sale
25 November 2025
Building
Balqis Residence 1

Palm Jumeirah, Dubai

Average prices in Balqis Residence 1

Two-beds in Balqis Residence 1 sell for around AED 6,500,000, or AED 3,098 per sqft, 14% more per sqft than the building average. The other types: AED 11,340,000 for three-beds, AED 9,150,000 for four-beds and AED 34,000,000 for six-beds.

Last 12 months of DLD sales, median per type. The paler bars link to the other types’ pages.

2-bed price history in Balqis Residence 1

2,8003,0003,2003,400May 2026Nov 20262025-11-25: AED 3,098, 2-bed, 2,098 sqft

Every registered sale in the last 12 months; the dashed line is the trend, grey dots are flagged outliers left out of it.

2-bed transactions in Balqis Residence 1

  • Completed2-bed · 2,098 sqft 25 Nov 2025AED 6,500,0003,098 /sqft
  • Completed2-bed · 2,007 sqft 22 Apr 2025AED 3,750,0001,868 /sqft
  • Completed2-bed · 1,837 sqft 18 Feb 2025AED 3,850,0002,095 /sqft
  • Completed2-bed · 2,098 sqft 20 Nov 2024AED 4,000,0001,906 /sqft
  • Completed2-bed · 1,970 sqft 10 Jun 2024AED 3,310,0001,680 /sqft
  • Completed2-bed · 1,935 sqft 01 May 2024AED 3,550,0001,834 /sqft
  • Completed2-bed · 1,935 sqft 28 Nov 2022AED 3,250,0001,679 /sqft
  • Completed2-bed · 2,097 sqft 09 Sep 2022AED 3,250,0001,549 /sqft
  • Completed2-bed · 1,936 sqft 09 Aug 2022AED 3,050,0001,575 /sqft
  • Completed2-bed · 1,984 sqft 29 Jun 2022AED 3,150,0001,587 /sqft

Over the last 12 months, Balqis Residence 1 has recorded 1 two-bed sale. Typical homes sold for around AED 6.5M (about AED 3,098 per sqft) with a median size of 2,098 sqft.

1–10 of 44

2-bed apartments in Balqis Residence 1

22 units
  • Unit 2012-bed · 2,209 sqftSold AED 3.8M, May 2012
  • Unit 2042-bed · 2,216 sqftSold AED 2.5M, Jun 2012
  • Unit 3032-bed · 1,971 sqftSold AED 3.31M, Jun 2024
  • Unit 3042-bed · 2,093 sqftSold AED 2.63M, May 2016
  • Unit 3072-bed · 2,008 sqftSold AED 3.75M, Apr 2025
  • Unit 3082-bed · 2,204 sqftSold AED 2.5M, Feb 2022
  • Unit 4012-bed · 1,837 sqftSold AED 3.85M, Feb 2025
  • Unit 4022-bed · 1,987 sqftSold AED 3.2M, Aug 2009
  • Unit 4032-bed · 1,985 sqftSold AED 3.15M, Jun 2022
  • Unit 4062-bed · 1,936 sqftSold AED 3.5M, Aug 2009
1–10 of 22
Every unit in Balqis Residence 1, by number

Nearby in Palm Jumeirah

All 102 →
BuildingSale /sqftYield
Balqis Residence 2AED 2,1614.9%
Balqis Residence Beach VillasAED 2,3503.5%
Balqis Residence Garden VillasAED 2,0265.3%
Balqis Residence 3AED 1,7086.6%
The 8 Residential ApartmentsAED 3,9854.2%
1–5 of 101 · nearest first

Balqis Residence 1 2-beds in numbers

  • Across 1 DLD sale in the 12 months to September 2026, the median price in 2-bed apartments in Balqis Residence 1 was AED 3,098 per sqft and the typical home sold for about AED 6.5M.
  • Completed in 2019 by Balqis Residence; 11 floors of two-beds to six-beds; service charge AED 17.81 per sqft a year.
  • A two-bed of 1,837 to 2,216 sqft rents for AED 125,000 to 271,500 a year on the 9 contracts registered in the last 12 months.
  • Gross rental yield 3.3%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 1 September 2026.

Questions

How much does a two-bed in Balqis Residence 1 cost?

1 two-bed sold in the 12 months to September 2026; the median was AED 6,500,000, or AED 3,098 per sqft.

How much is a two-bed for rent in Balqis Residence 1?

About AED 200,000 a year: that is the median of the 9 contracts for two-beds registered with Ejari in the 12 months to September 2026, from AED 125,000 to 271,500.

What is the rental yield in Balqis Residence 1?

About 3.3% gross for two-beds, before service charges: the median rent per sqft over the median sale price per sqft in the last 12 months.

What is the service charge in Balqis Residence 1?

AED 17.81 per sqft a year. For a typical 1,837 sqft home that is about AED 32,700 a year.

Who built Balqis Residence 1 and when?

Balqis Residence; completed in 2019; 11 floors; 54 apartments.

How many two-beds are there in Balqis Residence 1?

22, of 1,837 to 2,216 sqft, 41% of the building's 54 apartments.

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