4-bed · 6,382 sqftBalqis Residence 2, Palm Jumeirah · 10th floor · completed 2019

1003, Balqis Residence 2

Sold prices and rental history: sold once, by the developer in April 2013, and rented once, from September 2021. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1003 · DLD and Ejari recordsUpdated 10 September 2021

Last soldAED 8.7M9 April 2013

Current rentAED 285K /yr10 September 2021

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1003, Balqis Residence 2

Today

What is 1003 worth today?

Last sold for AED 8,700,000 in 2013

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10 Sep 2021

10 Sep 2021RentedNew contract

AED 285,000/yr12 months · AED 45 per sqft

9 Apr 2013

9 Apr 2013Sold by developerOff-plan

AED 8,700,000AED 1,363 per sqft

Source: Dubai Land Department. Updated 10 September 2021.

Key facts

Type: 4-bed apartment
Size: 6,382 sqft
Floor: 10th of 11
Parking: B-322, B-323, B-324
Developer: Balqis Residence
Completed: 2019
Service charge: AED 113,700 /yr
Last sold: AED 8.7M · April 2013
Building: Balqis Residence 2

About 1003, Balqis Residence 2

1003 is a four-bedroom apartment of 6,382 sqft on the 10th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 9 April 2013 for AED 8,700,000, or AED 1,363 per sqft.

One Ejari contract is registered, from 10 September 2021. The current contract, signed on 10 September 2021, is AED 285,000 a year: a gross yield of 3.3% on the 2013 price, before the service charge of about AED 113,700 a year.

Sales and rents for 1003 over time

Sales

Unit 1003, each saleTypical four-bed in Balqis Residence 2

1003 has sold once; the dashed line is the four-bed median of each year in the building.

Rents

Unit 1003, each contractTypical four-bed in Balqis Residence 2

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Balqis Residence 2, and where 1003 sits

All 7 4-beds →

Balqis Residence 2 · all types2,161 /sqft

Recent 4-bed sales	Size	Price (AED)	Per sqft
21 Jul 202521 July 2025	7,360 sqft	18,500,000	2,513
20 Jun 202520 June 2025	3,402 sqft	5,000,000	1,469
1 Nov 20231 November 2023	3,402 sqft	5,119,626	1,504
9 Mar 20239 March 2023	6,894 sqft	10,400,000	1,508

0 4-bed sales in the last 12 months

Balqis Residence 2

Building

147 apartments, 2-bed to 5-bed over 11 floors in Palm Jumeirah, completed in 2019 by Balqis Residence. 7 sold in the last 12 months.

Typical price per sqft: AED 2,161
Typical sale: AED 5M
Typical rent: AED 231K /yr
Typical yield: 4.9%

Balqis Residence 2, Palm Jumeirah: prices, sales and rents →

Other units on the 10th floor

All 147 units in Balqis Residence 2


1001	3-bed	2,368 sqft	AED 4.2MAED 4,200,000 · Mar 2024March 2024	430,000 /yr
1004	3-bed	2,366 sqft	AED 2.9MAED 2,900,000 · Dec 2021December 2021	170,000 /yr
1005	2-bed	1,887 sqft	AED 4.7MAED 4,699,555 · Dec 2009December 2009
1006	2-bed	1,966 sqft	AED 2.53MAED 2,525,000 · Jul 2021July 2021	230,000 /yr
1007	2-bed	1,886 sqft	AED 2.9MAED 2,900,000 · Mar 2023March 2023	320,000 /yr
1008	2-bed	1,897 sqft	AED 5.5MAED 5,500,000 · Oct 2009October 2009	115,000 /yr
1009	2-bed	1,967 sqft	AED 1.6MAED 1,600,000 · Feb 2021February 2021	620,000 /yr
1010	2-bed	1,925 sqft	AED 2MAED 2,000,000 · Nov 2020November 2020
1011	3-bed	2,393 sqft	AED 4.1MAED 4,100,000 · Oct 2022October 2022	140,000 /yr
1012	3-bed	6,709 sqft	AED 17.5MAED 17,500,000 · May 2024May 2024	295,000 /yr
1013	2-bed	1,930 sqft	AED 4.3MAED 4,300,000 · Sep 2025September 2025	214,303 /yr
1014	3-bed	2,369 sqft	AED 5.15MAED 5,150,000 · Apr 2024April 2024	350,000 /yr

1–7 of 12

1003, Balqis Residence 2 in numbers

Sold once: by Balqis Residence on 9 April 2013 for AED 8,700,000, or AED 1,363 per sqft.
Rented since September 2021 on one Ejari contract, at AED 285,000 a year.
At AED 285,000 a year the gross yield on the 2013 price is 3.3%, before a service charge of about AED 113,700 a year (AED 17.81 per sqft).

Source: Dubai Land Department. Updated 10 September 2021.

Questions about 1003, Balqis Residence 2

What did unit 1003 last sell for?

AED 8,700,000 on 9 April 2013, sold by the developer: AED 1,363 per sqft for 6,382 sqft. It is the only registered sale of the unit.

What is the rent for unit 1003?

AED 285,000 a year on the contract signed on 10 September 2021.

How big is unit 1003?

6,382 sqft (592.9 sqm): a four-bedroom apartment on the 10th floor of a 11-storey tower completed in 2019.

What is unit 1003 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.

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Mortgage on 1003, Balqis Residence 2

Starts from the last sale price (AED 8.7M, 9 April 2013). Switch to today's estimate once you have unlocked it.

Price: AED 8,700,000
Deposit, UAE resident (20%): AED 1,740,000
Deposit, non-resident (40%): AED 3,480,000
Monthly over 25 years at 3.7%: AED 35,594

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →