106, Balqis Residence 2
Sold prices and rental history: sold 4 times, last in September 2026, and rented once, from May 2019. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 106, Balqis Residence 2
What is 106 worth today?
Unlock today's estimate, updated daily, with
Verify once to see valuations for every property. Everything else on this page is open.
Source: Dubai Land Department. Updated 10 September 2026.
Key facts
- Type
- 2-bed apartment
- Size
- 3,728 sqft
- Floor
- 1st of 11
- Parking
- G-60
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 66,400 /yr
- Last sold
- AED 6.22M · September 2026
- Building
- Balqis Residence 2
About 106, Balqis Residence 2
106 is a two-bedroom apartment of 3,728 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 10 September 2026 for AED 6,222,800, or AED 1,669 per sqft, 25% below the AED 2,223 two-beds in the building were fetching at the time.
One Ejari contract is registered, from 15 May 2019. The current contract, signed on 15 May 2019, is AED 160,000 a year: a gross yield of 2.6% on the 2026 price, before the service charge of about AED 66,400 a year.
Sales and rents for 106 over time
106 has sold 4 times; 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 106 sits
All 83 2-beds →106 last sold in September 2026 at AED 1,669 per sqft, 25% below what two-beds in Balqis Residence 2 were fetching at the time (AED 2,223). 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. 106's AED 160,000 is in the lower 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 | ||
| 16 Feb 202616 February 2026 | 2,267 sqft | 4,900,000 | 2,161 | ||
| 4 Dec 20254 December 2025 | 1,965 sqft | 4,700,000 | 2,391 | ||
| 27 Nov 202527 November 2025 | 1,922 sqft | 4,550,000 | 2,367 |
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 | ||
| 105 | 2-bed | 3,752 sqft | AED 2.8MAED 2,800,000 · Jan 2024January 2024 | 340,000 /yr |
106, Balqis Residence 2 in numbers
- Sold 4 times: first on 15 May 2012 for AED 4,400,000, last on 10 September 2026 for AED 6,222,800 (AED 1,669 per sqft).
- Rented since May 2019 on one Ejari contract, at AED 160,000 a year.
- At AED 160,000 a year the gross yield on the 2026 price is 2.6%, before a service charge of about AED 66,400 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 10 September 2026.
Questions about 106, Balqis Residence 2
What did unit 106 last sell for?
AED 6,222,800 on 10 September 2026: AED 1,669 per sqft for 3,728 sqft. The unit has 4 registered sales; the first was AED 4,400,000 in May 2012.
What is the rent for unit 106?
AED 160,000 a year on the contract signed on 15 May 2019.
How big is unit 106?
3,728 sqft (346.3 sqm): a two-bedroom apartment on the 1st floor of a 11-storey tower completed in 2019.
What is unit 106 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 106? 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.
Mortgage on 106, Balqis Residence 2
Starts from the last sale price (AED 6.22M, 10 September 2026). Switch to today's estimate once you have unlocked it.- Price
- AED 6,222,800
- Deposit, UAE resident (20%)
- AED 1,244,560
- Deposit, non-resident (40%)
- AED 2,489,120
- Monthly over 25 years at 3.7%
- AED 25,459
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →