BuildingPalm Jumeirah · Balqis Residence · 2019

Balqis Residence 2

Two-beds to five-beds in Palm Jumeirah. 7 apartments sold in the last 12 months; every sale, rent and unit is below.

Last 12 monthsUpdated 9 November 2026
Typical price per sqftAED 2,1617 sales
Typical saleAED 5M7 sales
Typical rentAED 231K /yrAED 106 per sqft
Typical yield4.9%AED 17.81/sqft charge

About Balqis Residence 2

Balqis Residence 2 is an apartment building on Palm Jumeirah, Dubai. It was completed in 2019 by Balqis Residence and has 11 storeys with 147 apartments. The apartments run from 2-bed to 5-bed, with sizes from 974 to 15,685 sqft. Its neighbouring buildings include Balqis Residence Beach Villas, Balqis Residence Garden Villas and Balqis Residence 3. A MED7 Aston Pharmacy outlet is within walking distance, about 100 m away. The Palm Jumeirah boardwalk is about 1.3 km away, and Atlantis Mall is about 1.6 km away. Rackets Academy at Atlantis, The Palm, a school, is about 1.1 km away.

147 apartments over 11 floors: 83 two-beds of 974 to 3,853 sqft, 54 three-beds of 2,357 to 8,686 sqft, 7 four-beds of 3,402 to 8,702 sqft and 3 five-beds of 10,051 to 15,685 sqft. The service charge is AED 17.81 per sqft a year.

7 apartments sold in the 12 months to November 2026, at a median of AED 2,161 per sqft. Most of the trading is in two-beds: 6 of the 7 sales, at AED 4,550,000 to 6,450,000, which is why the typical sale sits below the price of its larger homes. 41 rental contracts were registered over the same 12 months, at a typical AED 231,000 a year.

Developer
Balqis Residence
Completed
2019
Floors
11
Units
147
Unit types
2-bed to 5-bed

Palm Jumeirah, Dubai

Average prices in Balqis Residence 2

In Balqis Residence 2, typical sale prices over the last 12 months were around AED 5,560,000 for two-beds and AED 5,000,000 for three-beds.

Last 12 months of DLD sales, median per type. Each type links to its own page with every unit and its history.

Price history in Balqis Residence 2

1,7502,0002,250May 2026Nov 20262025-11-27: AED 2,367, 2-bed, 1,922 sqft2025-12-04: AED 2,391, 2-bed, 1,965 sqft2026-02-16: AED 2,161, 2-bed, 2,267 sqft2026-02-24: AED 1,725, 2-bed, 3,728 sqft2026-08-26: AED 2,112, 3-bed, 2,367 sqft2026-09-10: AED 1,669, 2-bed, 3,728 sqft2026-10-26: AED 3,296, 2-bed, 1,957 sqftTrend: AED 2,123 to AED 2,391

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

Transaction history in Balqis Residence 2

  • Completed2-bed · 1,956 sqft 26 Oct 2026AED 6,450,0003,296 /sqft
  • Completed2-bed · 3,727 sqft 10 Sep 2026AED 6,222,8001,669 /sqft
  • Completed3-bed · 2,366 sqft 26 Aug 2026AED 4,999,9002,113 /sqft
  • Completed2-bed · 3,727 sqft 24 Feb 2026AED 6,430,2651,725 /sqft
  • Completed2-bed · 2,266 sqft 16 Feb 2026AED 4,900,0002,162 /sqft
  • Completed2-bed · 1,965 sqft 04 Dec 2025AED 4,700,0002,392 /sqft
  • Completed2-bed · 1,921 sqft 27 Nov 2025AED 4,550,0002,368 /sqft
  • Completed2-bed · 2,001 sqft 31 Oct 2025AED 4,450,0002,223 /sqft
  • Completed2-bed · 1,956 sqft 27 Oct 2025AED 4,350,0002,223 /sqft
  • Completed2-bed · 2,179 sqft 27 Oct 2025AED 3,850,0001,766 /sqft

Over the last 12 months, Balqis Residence 2 has recorded 7 apartment sales. Typical homes sold for around AED 5M (about AED 2,161 per sqft) with a median size of 2,267 sqft; most were two-beds, from roughly AED 4.55M to AED 6.45M.

1–10 of 257

Units in Balqis Residence 2

147 units
  • Unit 1012-bed · 3,539 sqftSold AED 4.3M, Apr 2014
  • Unit 1022-bed · 3,853 sqftSold AED 4.41M, Jun 2023
  • Unit 1033-bed · 4,343 sqftSold AED 4.72M, Nov 2022
  • Unit 1043-bed · 4,511 sqftSold AED 2.75M, May 2021
  • Unit 1052-bed · 3,752 sqftSold AED 2.8M, Jan 2024
  • Unit 1062-bed · 3,728 sqftSold AED 6.22M, Sep 2026
  • Unit 2013-bed · 3,047 sqftSold AED 5.7M, Sep 2022
  • Unit 2025-bed · 10,179 sqftSold AED 12M, Oct 2025
  • Unit 2035-bed · 10,051 sqftSold AED 12.2M, Aug 2009
  • Unit 2044-bed · 8,702 sqftSold AED 10.54M, Nov 2022
1–10 of 147
Every unit in Balqis Residence 2, by number

By type: two-beds (83), three-beds (54), four-beds (7), five-beds (3).

Nearby in Palm Jumeirah

All 102 →
BuildingSale /sqftYield
Balqis Residence Beach VillasAED 2,3503.5%
Balqis Residence Garden VillasAED 2,0265.3%
Balqis Residence 3AED 1,7086.6%
Balqis Residence 1AED 2,7224.0%
The 8 Residential ApartmentsAED 3,9854.2%
1–5 of 101 · nearest first

Balqis Residence 2 in numbers

  • Across 7 DLD sales in the 12 months to November 2026, the median price in Balqis Residence 2 was AED 2,161 per sqft and the typical home sold for about AED 5M.
  • Completed in 2019 by Balqis Residence; 11 floors of two-beds to five-beds; service charge AED 17.81 per sqft a year.
  • Two-beds of 974 to 3,853 sqft sold for AED 4,550,000 to 6,450,000 between November 2025 and October 2026, a median AED 2,264 per sqft.
  • A two-bed of 974 to 3,853 sqft rents for AED 154,211 to 340,000 a year on the 23 contracts registered in the last 12 months.
  • Gross rental yield 4.9%: the median rent per sqft over the median sale price per sqft, before service charges.

Source: Dubai Land Department. Updated 9 November 2026.

Questions

How much does a two-bed in Balqis Residence 2 cost?

6 two-beds sold in the 12 months to November 2026, for AED 4,550,000 to 6,450,000; the median was AED 5,561,400, or AED 2,264 per sqft.

How much is a two-bed for rent in Balqis Residence 2?

About AED 205,000 a year: that is the median of the 23 contracts for two-beds registered with Ejari in the 12 months to November 2026, from AED 154,211 to 340,000.

What is the rental yield in Balqis Residence 2?

About 4.9% gross across the building, 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 2?

AED 17.81 per sqft a year. For a typical 2,267 sqft home that is about AED 40,400 a year.

Who built Balqis Residence 2 and when?

Balqis Residence; completed in 2019; 11 floors; 147 apartments.

How many apartments are there in Balqis Residence 2?

147, two-beds to five-beds. Each has its own page with its full sales and rental history.

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