901, Balqis Residence 1
Sold prices and rental history: sold once, by the developer in August 2009, and rented continuously since 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 901, Balqis Residence 1
What is 901 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 1 October 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 2,009 sqft
- Floor
- 9th of 11
- Parking
- G-43
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 35,800 /yr
- Last sold
- AED 3.55M · August 2009
- Building
- Balqis Residence 1
About 901, Balqis Residence 1
901 is a two-bedroom apartment of 2,009 sqft on the 9th floor of Balqis Residence 1, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 13 August 2009 for AED 3,550,000, or AED 1,767 per sqft, in line with the AED 1,753 two-beds in the building were fetching at the time.
It has been rented continuously since 2019 on 4 Ejari contracts. The current contract, renewed on 1 October 2025, is AED 200,000 a year: a gross yield of 5.6% on the 2009 price, before the service charge of about AED 35,800 a year.
Sales and rents for 901 over time
901 has sold once; 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 901 sits
All 22 2-beds →901 last sold in August 2009 at AED 1,767 per sqft, in line with what two-beds in Balqis Residence 1 were fetching at the time (AED 1,753). 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. 901's AED 200,000 is in the upper half of that range.
| 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 310K /yr
- Typical yield
- 4.0%
Other units on the 9th floor
All 54 units in Balqis Residence 1901, Balqis Residence 1 in numbers
- Sold once: by Balqis Residence on 13 August 2009 for AED 3,550,000, or AED 1,767 per sqft.
- Rented since July 2019 on 4 Ejari contracts, from AED 120,000 to AED 200,000 a year.
- At AED 200,000 a year the gross yield on the 2009 price is 5.6%, before a service charge of about AED 35,800 a year (AED 17.81 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 1 October 2025.
Questions about 901, Balqis Residence 1
What did unit 901 last sell for?
AED 3,550,000 on 13 August 2009, sold by the developer: AED 1,767 per sqft for 2,009 sqft. It is the only registered sale of the unit.
What is the rent for unit 901?
AED 200,000 a year on the contract renewed on 1 October 2025. The previous contract, from October 2024, was AED 200,000; the unit has been rented since July 2019.
How big is unit 901?
2,009 sqft (186.6 sqm): a two-bedroom apartment on the 9th floor of a 11-storey tower completed in 2019.
What is unit 901 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.
Selling 901? Put it on the OpenOffers board
Public offers from verified, deposit-backed buyers; a reserve you set; no fee unless it sells, then 1%. Sale agreed in weeks, not months.
Mortgage on 901, Balqis Residence 1
Starts from the last sale price (AED 3.55M, 13 August 2009). Switch to today's estimate once you have unlocked it.- Price
- AED 3,550,000
- Deposit, UAE resident (20%)
- AED 710,000
- Deposit, non-resident (40%)
- AED 1,420,000
- Monthly over 25 years at 3.7%
- AED 14,524
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →