2-bed · 1,925 sqftBalqis Residence 2, Palm Jumeirah · 10th floor · completed 2019

1010, Balqis Residence 2

Sold prices and rental history: sold twice, last in November 2020, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

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Unit 1010 · DLD and Ejari recordsUpdated 30 November 2020

Last soldAED 2M30 November 2020

Estimated yieldfree after one verification

Today's valuefree after one verification

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Property timeline for 1010, Balqis Residence 2

Today

What is 1010 worth today?

Last sold for AED 2,000,000 in 2020

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30 Nov 2020

30 Nov 2020SoldReady

AED 2,000,000AED 1,039 per sqft

15 Oct 2009

15 Oct 2009Sold by developerOff-plan

AED 5,950,000AED 3,091 per sqft

Source: Dubai Land Department. Updated 30 November 2020.

Key facts

Type: 2-bed apartment
Size: 1,925 sqft
Floor: 10th of 11
Parking: B-23
Developer: Balqis Residence
Completed: 2019
Service charge: AED 34,300 /yr
Last sold: AED 2M · November 2020
Building: Balqis Residence 2

About 1010, Balqis Residence 2

1010 is a two-bedroom apartment of 1,925 sqft on the 10th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 30 November 2020 for AED 2,000,000, or AED 1,039 per sqft, in line with the AED 1,016 two-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1010 over time

Sales

Unit 1010, each saleTypical two-bed in Balqis Residence 2

1010 has sold twice; the dashed line is the two-bed median of each year in the building.

Rents

Unit 1010, 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 1010 sits

All 83 2-beds →

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

1010 last sold in November 2020 at AED 1,039 per sqft, in line with what two-beds in Balqis Residence 2 were fetching at the time (AED 1,016). 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
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
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

1010, Balqis Residence 2 in numbers

Sold twice: first on 15 October 2009 for AED 5,950,000, last on 30 November 2020 for AED 2,000,000 (AED 1,039 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 30 November 2020.

Questions about 1010, Balqis Residence 2

What did unit 1010 last sell for?

AED 2,000,000 on 30 November 2020: AED 1,039 per sqft for 1,925 sqft. The unit has 2 registered sales; the first was AED 5,950,000 in October 2009.

How big is unit 1010?

1,925 sqft (178.8 sqm): a two-bedroom apartment on the 10th floor of a 11-storey tower completed in 2019.

What is unit 1010 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 1010, Balqis Residence 2

Starts from the last sale price (AED 2M, 30 November 2020). Switch to today's estimate once you have unlocked it.

Price: AED 2,000,000
Deposit, UAE resident (20%): AED 400,000
Deposit, non-resident (40%): AED 800,000
Monthly over 25 years at 3.7%: AED 8,183

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