606, Balqis Residence 1
Sold prices and rental history: sold 3 times, last in November 2022, 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 606, Balqis Residence 1
What is 606 worth today?
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Source: Dubai Land Department. Updated 28 November 2022.
Key facts
- Type
- 2-bed apartment
- Size
- 1,935 sqft
- Floor
- 6th of 11
- Parking
- G-77
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 34,500 /yr
- Last sold
- AED 3.25M · November 2022
- Building
- Balqis Residence 1
About 606, Balqis Residence 1
606 is a two-bedroom apartment of 1,935 sqft on the 6th floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 28 November 2022 for AED 3,250,000, or AED 1,679 per sqft, 7% above the AED 1,562 two-beds in the building were fetching at the time.
No rental contract for the unit is registered on Ejari.
Sales and rents for 606 over time
606 has sold 3 times; the dashed line is the two-bed median of each year in the building.
Annual rent on each registered contract; the dashed line is the two-bed median of each year in the building.
2-beds in Balqis Residence 1, and where 606 sits
All 22 2-beds →606 last sold in November 2022 at AED 1,679 per sqft, 7% above what two-beds in Balqis Residence 1 were fetching at the time (AED 1,562). Over the last 12 months two-beds sold for AED 6,500,000, around AED 3,098 per sqft, and rent for AED 125,000 to 271,500 a year.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 25 Nov 202525 November 2025 | 2,098 sqft | 6,500,000 | 3,098 | ||
| 22 Apr 202522 April 2025 | 2,008 sqft | 3,750,000 | 1,867 | ||
| 18 Feb 202518 February 2025 | 1,837 sqft | 3,850,000 | 2,095 | ||
| 20 Nov 202420 November 2024 | 2,098 sqft | 4,000,000 | 1,906 |
Balqis Residence 1
Building54 apartments, 2-bed to 6-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 5 sold in the last 12 months.
- Typical price per sqft
- AED 2,722
- Typical sale
- AED 9.15M
- Typical rent
- AED 305K /yr
- Typical yield
- 4.0%
Other units on the 6th floor
All 54 units in Balqis Residence 1| ValueToday's value | |||||
|---|---|---|---|---|---|
| 601 | 3-bed | 4,918 sqft | AED 16.83MAED 16,825,000 · May 2026May 2026 | 400,000 /yr | |
| 602 | 3-bed | 5,225 sqft | AED 16.85MAED 16,850,000 · Jun 2025June 2025 | ||
| 603 | 2-bed | 2,098 sqft | AED 6.5MAED 6,500,000 · Nov 2025November 2025 | ||
| 604 | 3-bed | 2,283 sqft | AED 5.85MAED 5,850,000 · Feb 2026February 2026 | 320,000 /yr | |
| 605 | 4-bed | 3,360 sqft | AED 8.8MAED 8,800,000 · Apr 2025April 2025 | 300,000 /yr |
606, Balqis Residence 1 in numbers
- Sold 3 times: first on 17 August 2009 for AED 3,600,000, last on 28 November 2022 for AED 3,250,000 (AED 1,679 per sqft).
- Two-beds in Balqis Residence 1 sold for AED 6,500,000–6,500,000 in the 12 months to November 2026; the building's median across all types is AED 2,722 per sqft.
Source: Dubai Land Department. Updated 28 November 2022.
Questions about 606, Balqis Residence 1
What did unit 606 last sell for?
AED 3,250,000 on 28 November 2022: AED 1,679 per sqft for 1,935 sqft. The unit has 3 registered sales; the first was AED 3,600,000 in August 2009.
How big is unit 606?
1,935 sqft (179.8 sqm): a two-bedroom apartment on the 6th floor of a 11-storey tower completed in 2019.
What is unit 606 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. Two-beds in Balqis Residence 1 sold for AED 6,500,000 to 6,500,000 in the last 12 months, around AED 3,098 per sqft.
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Mortgage on 606, Balqis Residence 1
Starts from the last sale price (AED 3.25M, 28 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 3,250,000
- Deposit, UAE resident (20%)
- AED 650,000
- Deposit, non-resident (40%)
- AED 1,300,000
- Monthly over 25 years at 3.7%
- AED 13,297
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →