4-bed · 6,894 sqftBalqis Residence 2, Palm Jumeirah · 11th floor · completed 2019

1102, Balqis Residence 2

Sold prices and rental history: sold twice, last in March 2023, and no registered rental contract. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1102 · DLD and Ejari recordsUpdated 9 March 2023
Last soldAED 10.4M9 March 2023
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1102, Balqis Residence 2

What is 1102 worth today?

Last sold for AED 10,400,000 in 2023

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9 Mar 2023SoldReady
AED 10,400,000AED 1,508 per sqft
15 Oct 2009Sold by developerOff-plan
AED 10,000,000AED 1,450 per sqft

Source: Dubai Land Department. Updated 9 March 2023.

Key facts

Type
4-bed apartment
Size
6,894 sqft
Floor
11th of 11
Parking
B-328 TO B-330
Developer
Balqis Residence
Completed
2019
Service charge
AED 122,800 /yr
Last sold
AED 10.4M · March 2023

About 1102, Balqis Residence 2

1102 is a four-bedroom apartment of 6,894 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 9 March 2023 for AED 10,400,000, or AED 1,508 per sqft, 10% above the AED 1,369 four-beds in the building were fetching at the time.

No rental contract for the unit is registered on Ejari.

Sales and rents for 1102 over time

Sales
Unit 1102, each saleTypical four-bed in Balqis Residence 2
10M10.25M10.5M2009201320172021Typical sale price by year: 2009 AED 10,000,000; 2022 AED 10,542,280Sold by developer, October 2009: AED 10,000,000 (AED 1,450 per sqft)Sold, March 2023: AED 10,400,000 (AED 1,508 per sqft)

1102 has sold twice; the dashed line is the four-bed median of each year in the building.

Rents
Unit 1102, each contractTypical four-bed in Balqis Residence 2
300K400K500K20212022202320242025Typical rent by year: 2021 AED 285,000; 2023 AED 415,000; 2024 AED 480,000

Annual rent on each registered contract; the dashed line is the four-bed median of each year in the building.

4-beds in Balqis Residence 2, and where 1102 sits

All 7 4-beds →

1102 last sold in March 2023 at AED 1,508 per sqft, 10% above what four-beds in Balqis Residence 2 were fetching at the time (AED 1,369).

Recent 4-bed salesUnit no.Price (AED)Summary
21 Jul 202518,500,000
20 Jun 20255,000,000
1 Nov 20235,119,626
29 Nov 202210,736,040
0 4-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 11th floor

All 147 units in Balqis Residence 2
Value
11015-bedAED 28.5M · Jul 2025
11034-bedAED 5M · Jun 2025
11044-bedAED 18.5M · Jul 2025
11054-bedAED 10M · Oct 2009

1102, Balqis Residence 2 in numbers

  • Sold twice: first on 15 October 2009 for AED 10,000,000, last on 9 March 2023 for AED 10,400,000 (AED 1,508 per sqft).

Source: Dubai Land Department. Updated 9 March 2023.

Questions about 1102, Balqis Residence 2

What did unit 1102 last sell for?

AED 10,400,000 on 9 March 2023: AED 1,508 per sqft for 6,894 sqft. The unit has 2 registered sales; the first was AED 10,000,000 in October 2009.

How big is unit 1102?

6,894 sqft (640.5 sqm): a four-bedroom apartment on the 11th floor of a 11-storey tower completed in 2019.

What is unit 1102 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 1102, Balqis Residence 2

Starts from the last sale price (AED 10.4M, 9 March 2023). Switch to today's estimate once you have unlocked it.
Price
AED 10,400,000
Deposit, UAE resident (20%)
AED 2,080,000
Deposit, non-resident (40%)
AED 4,160,000
Monthly over 25 years at 3.7%
AED 42,550

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