2-bed · 1,887 sqftBalqis Residence 2, Palm Jumeirah · 10th floor · completed 2019

1005, Balqis Residence 2

Sold prices and rental history: sold once, by the developer in December 2009, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Follow 1005

Unit 1005 · DLD and Ejari recordsUpdated 14 December 2009

Last soldAED 4.7M14 December 2009

Estimated yieldfree after one verification

Today's valuefree after one verification

Follow 1005

Property timeline for 1005, Balqis Residence 2

Today

What is 1005 worth today?

Last sold for AED 4,699,555 in 2009

Unlock today's estimate, updated daily, with

Verify once to see valuations for every property. Everything else on this page is open.

14 Dec 2009

14 Dec 2009Sold by developerOff-plan

AED 4,699,555AED 2,490 per sqft

Source: Dubai Land Department. Updated 14 December 2009.

Key facts

Type: 2-bed apartment
Size: 1,887 sqft
Floor: 10th of 11
Parking: B-107
Developer: Balqis Residence
Completed: 2019
Service charge: AED 33,600 /yr
Last sold: AED 4.7M · December 2009
Building: Balqis Residence 2

About 1005, Balqis Residence 2

1005 is a two-bedroom apartment of 1,887 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 14 December 2009 for AED 4,699,555, or AED 2,490 per sqft, 39% above the AED 1,796 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1005 over time

Sales

Unit 1005, each saleTypical two-bed in Balqis Residence 2

1005 has sold once; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1005, each contractTypical two-bed in Balqis Residence 2

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 2, and where 1005 sits

All 83 2-beds →

2-beds in Balqis Residence 2 · last 12 months2,264 /sqft Balqis Residence 2 · all types2,161 /sqft

1005 last sold in December 2009 at AED 2,490 per sqft, 39% above what two-beds in Balqis Residence 2 were fetching at the time (AED 1,796). Over the last 12 months two-beds sold for AED 4,550,000 to 6,450,000, around AED 2,264 per sqft, and rent for AED 154,211 to 340,000 a year.

Recent 2-bed sales	Size	Price (AED)	Per sqft
26 Oct 202626 October 2026	1,957 sqft	6,450,000	3,296
10 Sep 202610 September 2026	3,728 sqft	6,222,800	1,669
24 Feb 202624 February 2026	3,728 sqft	6,430,265	1,725
16 Feb 202616 February 2026	2,267 sqft	4,900,000	2,161

6 2-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
1003	4-bed	6,382 sqft	AED 8.7MAED 8,700,000 · Apr 2013April 2013	285,000 /yr
1004	3-bed	2,366 sqft	AED 2.9MAED 2,900,000 · Dec 2021December 2021	170,000 /yr
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

1005, Balqis Residence 2 in numbers

Sold once: by Balqis Residence on 14 December 2009 for AED 4,699,555, or AED 2,490 per sqft.
Two-beds in Balqis Residence 2 sold for AED 4,550,000–6,450,000 in the 12 months to November 2026; the building's median across all types is AED 2,161 per sqft.

Source: Dubai Land Department. Updated 14 December 2009.

Questions about 1005, Balqis Residence 2

What did unit 1005 last sell for?

AED 4,699,555 on 14 December 2009, sold by the developer: AED 2,490 per sqft for 1,887 sqft. It is the only registered sale of the unit.

How big is unit 1005?

1,887 sqft (175.3 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2019.

What is unit 1005 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 2 sold for AED 4,550,000 to 6,450,000 in the last 12 months, around AED 2,264 per sqft.

Selling 1005? 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.

How OpenOffers works

Mortgage on 1005, Balqis Residence 2

Starts from the last sale price (AED 4.7M, 14 December 2009). Switch to today's estimate once you have unlocked it.

Price: AED 4,699,555
Deposit, UAE resident (20%): AED 939,911
Deposit, non-resident (40%): AED 1,879,822
Monthly over 25 years at 3.7%: AED 19,227

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