105, Balqis Residence 2
Sold prices and rental history: sold twice, last in January 2024, and rented continuously since 2020. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 105, Balqis Residence 2
What is 105 worth today?
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Source: Dubai Land Department. Updated 9 September 2025.
Key facts
- Type
- 2-bed apartment
- Size
- 3,752 sqft
- Floor
- 1st of 11
- Parking
- G-61
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 66,800 /yr
- Last sold
- AED 2.8M · January 2024
- Building
- Balqis Residence 2
About 105, Balqis Residence 2
105 is a two-bedroom apartment of 3,752 sqft on the 1st floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 31 January 2024 for AED 2,800,000, or AED 746 per sqft, 47% below the AED 1,420 two-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, signed on 9 September 2025, is AED 340,000 a year: a gross yield of 12.1% on the 2024 price, before the service charge of about AED 66,800 a year.
Sales and rents for 105 over time
105 has sold twice; 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 105 sits
All 83 2-beds →105 last sold in January 2024 at AED 746 per sqft, 47% below what two-beds in Balqis Residence 2 were fetching at the time (AED 1,420). 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. 105's AED 340,000 is at the top 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 | |||||
|---|---|---|---|---|---|
| 101 | 2-bed | 3,539 sqft | AED 4.3MAED 4,300,000 · Apr 2014April 2014 | 250,000 /yr | |
| 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 | ||
| 106 | 2-bed | 3,728 sqft | AED 6.22MAED 6,222,800 · Sep 2026September 2026 | 160,000 /yr |
105, Balqis Residence 2 in numbers
- Sold twice: first on 6 July 2020 for AED 3,728,920, last on 31 January 2024 for AED 2,800,000 (AED 746 per sqft).
- Rented since September 2020 on 6 Ejari contracts, from AED 120,000 to AED 340,000 a year.
- At AED 340,000 a year the gross yield on the 2024 price is 12.1%, before a service charge of about AED 66,800 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 9 September 2025.
Questions about 105, Balqis Residence 2
What did unit 105 last sell for?
AED 2,800,000 on 31 January 2024: AED 746 per sqft for 3,752 sqft. The unit has 2 registered sales; the first was AED 3,728,920 in July 2020.
What is the rent for unit 105?
AED 340,000 a year on the contract signed on 9 September 2025. The previous contract, from February 2024, was AED 242,000; the unit has been rented since September 2020.
How big is unit 105?
3,752 sqft (348.6 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2019.
What is unit 105 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 105, Balqis Residence 2
Starts from the last sale price (AED 2.8M, 31 January 2024). Switch to today's estimate once you have unlocked it.- Price
- AED 2,800,000
- Deposit, UAE resident (20%)
- AED 560,000
- Deposit, non-resident (40%)
- AED 1,120,000
- Monthly over 25 years at 3.7%
- AED 11,456
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →