101, Balqis Residence 2
Sold prices and rental history: sold once, by the developer in April 2014, and rented continuously since 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 101, Balqis Residence 2
What is 101 worth today?
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Source: Dubai Land Department. Updated 1 May 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 3,539 sqft
- Floor
- 1st of 11
- Parking
- B-210, B-209
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 63,000 /yr
- Last sold
- AED 4.3M · April 2014
- Building
- Balqis Residence 2
About 101, Balqis Residence 2
101 is a two-bedroom apartment of 3,539 sqft on the 1st floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 28 April 2014 for AED 4,300,000, or AED 1,215 per sqft, in line with the AED 1,215 two-beds in the building were fetching at the time.
It has been rented continuously since 2022 on 4 Ejari contracts. The current contract, signed on 1 May 2025, is AED 250,000 a year: a gross yield of 5.8% on the 2014 price, before the service charge of about AED 63,000 a year.
Sales and rents for 101 over time
101 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 2, and where 101 sits
All 83 2-beds →101 last sold in April 2014 at AED 1,215 per sqft, in line with what two-beds in Balqis Residence 2 were fetching at the time (AED 1,215). 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. 101's AED 250,000 is in the upper half of that range.
| Recent 2-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 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 |
Balqis Residence 2
Building147 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%
Other units on the 1st floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 102 | 2-bed | 3,853 sqft | AED 4.41MAED 4,413,462 · Jun 2023June 2023 | 200,000 /yr | |
| 103 | 3-bed | 4,343 sqft | AED 4.72MAED 4,719,680 · Nov 2022November 2022 | 330,000 /yr | |
| 104 | 3-bed | 4,511 sqft | AED 2.75MAED 2,750,000 · May 2021May 2021 | ||
| 105 | 2-bed | 3,752 sqft | AED 2.8MAED 2,800,000 · Jan 2024January 2024 | 340,000 /yr | |
| 106 | 2-bed | 3,728 sqft | AED 6.22MAED 6,222,800 · Sep 2026September 2026 | 160,000 /yr |
101, Balqis Residence 2 in numbers
- Sold once: by Balqis Residence on 28 April 2014 for AED 4,300,000, or AED 1,215 per sqft.
- Rented since October 2022 on 4 Ejari contracts, from AED 260,000 to AED 250,000 a year.
- At AED 250,000 a year the gross yield on the 2014 price is 5.8%, before a service charge of about AED 63,000 a year (AED 17.81 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 1 May 2025.
Questions about 101, Balqis Residence 2
What did unit 101 last sell for?
AED 4,300,000 on 28 April 2014, sold by the developer: AED 1,215 per sqft for 3,539 sqft. It is the only registered sale of the unit.
What is the rent for unit 101?
AED 250,000 a year on the contract signed on 1 May 2025. The previous contract, from May 2025, was AED 250,000; the unit has been rented since October 2022.
How big is unit 101?
3,539 sqft (328.8 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2019.
What is unit 101 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.
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Mortgage on 101, Balqis Residence 2
Starts from the last sale price (AED 4.3M, 28 April 2014). Switch to today's estimate once you have unlocked it.- Price
- AED 4,300,000
- Deposit, UAE resident (20%)
- AED 860,000
- Deposit, non-resident (40%)
- AED 1,720,000
- Monthly over 25 years at 3.7%
- AED 17,593
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →