1101, Balqis Residence 2
Sold prices and rental history: sold twice, last in July 2025, and rented once, from March 2022. Every registered sale and contract is below; today's estimate is free after a one-time verification.
Property timeline for 1101, Balqis Residence 2
What is 1101 worth today?
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Source: Dubai Land Department. Updated 17 July 2025.
Key facts
- Type
- 5-bed apartment
- Size
- 15,685 sqft
- Floor
- 11th of 11
- Parking
- B-200, B-203 TO B-207
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 279,300 /yr
- Last sold
- AED 28.5M · July 2025
- Building
- Balqis Residence 2
About 1101, Balqis Residence 2
1101 is a five-bedroom apartment of 15,685 sqft on the 11th floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. It last sold on 17 July 2025 for AED 28,500,000, or AED 1,817 per sqft.
One Ejari contract is registered, from 10 March 2022. The current contract, signed on 10 March 2022, is AED 1,400,000 a year: a gross yield of 4.9% on the 2025 price, before the service charge of about AED 279,300 a year.
Sales and rents for 1101 over time
Annual rent on each registered contract; the dashed line is the five-bed median of each year in the building.
5-beds in Balqis Residence 2, and where 1101 sits
All 3 5-beds →| Recent 5-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 16 Oct 202516 October 2025 | 10,179 sqft | 12,000,012 | 1,178 | ||
| 18 Mar 201318 March 2013 | 10,179 sqft | 11,800,000 | 1,159 | ||
| 13 Aug 200913 August 2009 | 10,051 sqft | 12,200,000 | 1,213 |
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 11th floor
All 147 units in Balqis Residence 21101, Balqis Residence 2 in numbers
- Sold twice: first on 17 August 2021 for AED 14,250,000, last on 17 July 2025 for AED 28,500,000 (AED 1,817 per sqft).
- Rented since March 2022 on one Ejari contract, at AED 1,400,000 a year.
- At AED 1,400,000 a year the gross yield on the 2025 price is 4.9%, before a service charge of about AED 279,300 a year (AED 17.81 per sqft).
Source: Dubai Land Department. Updated 17 July 2025.
Questions about 1101, Balqis Residence 2
What did unit 1101 last sell for?
AED 28,500,000 on 17 July 2025: AED 1,817 per sqft for 15,685 sqft. The unit has 2 registered sales; the first was AED 14,250,000 in August 2021.
What is the rent for unit 1101?
AED 1,400,000 a year on the contract signed on 10 March 2022.
How big is unit 1101?
15,685 sqft (1457.2 sqm): a five-bedroom apartment on the 11th floor of a 11-storey tower completed in 2019.
What is unit 1101 worth today?
The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google.
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Mortgage on 1101, Balqis Residence 2
Starts from the last sale price (AED 28.5M, 17 July 2025). Switch to today's estimate once you have unlocked it.- Price
- AED 28,500,000
- Deposit, UAE resident (20%)
- AED 5,700,000
- Deposit, non-resident (40%)
- AED 11,400,000
- Monthly over 25 years at 3.7%
- AED 116,602
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →