204, Balqis Residence 2
Sold prices and rental history: sold once, by the developer in November 2022, 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 204, Balqis Residence 2
What is 204 worth today?
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Source: Dubai Land Department. Updated 1 July 2025.
Key facts
- Type
- 4-bed apartment
- Size
- 8,702 sqft
- Floor
- 2nd of 11
- Parking
- INTEGRATED
- Developer
- Balqis Residence
- Completed
- 2019
- Service charge
- AED 155,000 /yr
- Last sold
- AED 10.54M · November 2022
- Building
- Balqis Residence 2
About 204, Balqis Residence 2
204 is a four-bedroom apartment of 8,702 sqft on the 2nd floor of Balqis Residence 2, a 11-storey tower in Palm Jumeirah completed in 2019 by Balqis Residence. The developer sold it on 29 November 2022 for AED 10,542,280, or AED 1,211 per sqft, 5% below the AED 1,269 four-beds in the building were fetching at the time.
It has been rented continuously since 2020 on 6 Ejari contracts. The current contract, renewed on 1 July 2025, is AED 480,000 a year: a gross yield of 4.5% on the 2022 price, before the service charge of about AED 155,000 a year.
Sales and rents for 204 over time
204 has sold once; the dashed line is the four-bed median of each year in the building.
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 204 sits
All 7 4-beds →204 last sold in November 2022 at AED 1,211 per sqft, 5% below what four-beds in Balqis Residence 2 were fetching at the time (AED 1,269).
| Recent 4-bed sales | Unit no. | Size | Price (AED) | Per sqft | Summary |
|---|---|---|---|---|---|
| 21 Jul 202521 July 2025 | 7,360 sqft | 18,500,000 | 2,513 | ||
| 20 Jun 202520 June 2025 | 3,402 sqft | 5,000,000 | 1,469 | ||
| 1 Nov 20231 November 2023 | 3,402 sqft | 5,119,626 | 1,504 | ||
| 9 Mar 20239 March 2023 | 6,894 sqft | 10,400,000 | 1,508 |
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 2nd floor
All 147 units in Balqis Residence 2| ValueToday's value | |||||
|---|---|---|---|---|---|
| 201 | 3-bed | 3,047 sqft | AED 5.7MAED 5,700,000 · Sep 2022September 2022 | ||
| 202 | 5-bed | 10,179 sqft | AED 12MAED 12,000,012 · Oct 2025October 2025 | 500,000 /yr | |
| 203 | 5-bed | 10,051 sqft | AED 12.2MAED 12,200,000 · Aug 2009August 2009 | 240,000 /yr | |
| 205 | 4-bed | 8,460 sqft | AED 10.74MAED 10,736,040 · Nov 2022November 2022 | 450,000 /yr | |
| 206 | 3-bed | 8,686 sqft | AED 8.52MAED 8,516,469 · Oct 2021October 2021 | 520,000 /yr | |
| 207 | 3-bed | 7,759 sqft | AED 14.55MAED 14,550,000 · Jun 2024June 2024 | 220,000 /yr | |
| 208 | 2-bed | 2,507 sqft | AED 3.41MAED 3,410,000 · Aug 2009August 2009 | 275,000 /yr | |
| 209 | 2-bed | 2,622 sqft | AED 3.41MAED 3,410,000 · Aug 2009August 2009 | 125,000 /yr | |
| 210 | 2-bed | 2,213 sqft | AED 2.83MAED 2,830,000 · Mar 2023March 2023 | ||
| 211 | 2-bed | 2,180 sqft | AED 3.85MAED 3,850,000 · Oct 2025October 2025 | 126,500 /yr | |
| 212 | 3-bed | 2,569 sqft | AED 3.24MAED 3,237,080 · Nov 2022November 2022 | 295,000 /yr | |
| 213 | 3-bed | 2,938 sqft | AED 4.95MAED 4,950,000 · Sep 2024September 2024 | 295,000 /yr | |
| 214 | 2-bed | 2,267 sqft | AED 4.9MAED 4,900,000 · Feb 2026February 2026 | 115,000 /yr | |
| 215 | 2-bed | 2,220 sqft | AED 1.8MAED 1,800,000 · May 2021May 2021 | 190,000 /yr | |
| 216 | 3-bed | 3,042 sqft | AED 4.7MAED 4,700,000 · Aug 2009August 2009 | 300,000 /yr |
204, Balqis Residence 2 in numbers
- Sold once: by Balqis Residence on 29 November 2022 for AED 10,542,280, or AED 1,211 per sqft.
- Rented since December 2020 on 6 Ejari contracts, from AED 240,000 to AED 480,000 a year.
- At AED 480,000 a year the gross yield on the 2022 price is 4.5%, before a service charge of about AED 155,000 a year (AED 17.81 per sqft).
Source: Dubai Land Department. Updated 1 July 2025.
Questions about 204, Balqis Residence 2
What did unit 204 last sell for?
AED 10,542,280 on 29 November 2022, sold by the developer: AED 1,211 per sqft for 8,702 sqft. It is the only registered sale of the unit.
What is the rent for unit 204?
AED 480,000 a year on the contract renewed on 1 July 2025. The previous contract, from August 2024, was AED 480,000; the unit has been rented since December 2020.
How big is unit 204?
8,702 sqft (808.4 sqm): a four-bedroom apartment on the 2nd floor of a 11-storey tower completed in 2019.
What is unit 204 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 204, Balqis Residence 2
Starts from the last sale price (AED 10.54M, 29 November 2022). Switch to today's estimate once you have unlocked it.- Price
- AED 10,542,280
- Deposit, UAE resident (20%)
- AED 2,108,456
- Deposit, non-resident (40%)
- AED 4,216,912
- Monthly over 25 years at 3.7%
- AED 43,132
Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →